Which are the safe investment options for an old retired person.
GOI Bonds.
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Conservative hybrid funds are also good investments.
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FDs in post office back (of different tenure) can be considered as very safe option for retired person.
Typically very safe options erode wealth over the period of time as the rate of return is lower than inflation.
Combination of different GOI bonds including SGB can be treated as safe investment option but it needs some more understanding about person profile.
One need to match risk profile, expected age and current corpse, so better the person should contact fee only finance advisor and get the investment options sorted out customized for him/her.
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