With current yields at historical lows, investors are expanding their search for high-quality, lower-risk, saving strategies. This column presents three out-of-the-norm savings alternatives that have the potential to generate reasonable returns, with low risk, for investors with long time horizons.
Author: John E. Grable, PhD, CFP, holds an Athletic Association endowed professorship at the University of Georgia where he conducts research and teaches financial planning. Dr. Grable is best known for his work related to financial risk tolerance assessment and behavioral financial planning. He serves as the director of the Financial Planning Performance Laboratory.
Author: Sam Cupples, PhD, is a lecturer in the department of financial planning, housing and consumer economics at the University of Georgia, where he conducts research and teaches wealth management, retirement planning, research methods, and personal finance. Dr. Cupples is known for his work related to the impact of behavioral finance on financial decision making, risk tolerance, and the moderating effect of education levels on risk tolerance.
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