Here are a few recommended investments from the pros:

• High-yield Savings Accounts        

• Short-Term Certificates of Deposit        

• Series I Bonds        

• Short-Term Corporate Bond Funds        

• Dividend Stock Funds

1. If you’re risk averse, then park your cash in high-yield savings accounts and short-term certificates of deposit to avoid the risk of losing your money.

2. Series I Bonds are now an attractive option for risk-averse investors looking for a vehicle to protect their investments against inflation. You also have the added benefit of reduced risk of default.

3. Short-Term Corporate Bond Funds are another excellent option. If you’re a retiree looking for cash flow and want to reduce your overall portfolio risk, then this investment will offer a decent return.

4. Finally, Dividend Stock Funds provide a cash pay-out. They’re a great selection for almost any kind of stock investor, especially if you’re looking for regular income.