Whats the safest possible thing that I can do with my money?
If you are worried about the future value of the US dollar, you should move some of your savings into other currencies (I’m assuming that any kind of stock-based investment is going to be too risky for you). I was going to link to a couple past questions about saving cash in Euros, but then I realised one of the questions was yours (the other one is here). You can buy ETFs for a number of different currencies. While the amounts that you invest in the ETFs are obviously not FDIC insured, so you expose yourself to some risk, you also greatly decrease the risk associated with changes in the value of the dollar. You could also use a foreign currency savings account in the USA (which would be FDIC insured), but the rate of return would likely be lower than inflation (see the other question linked above for a little more about Everbank). Carefully sele
If you did have over $100,000, a good place to put your money is in a Massachusetts bank. The state offers insurance for the amount over the FDIC limit. More info (from the bank I happen to use for my checking, despite living in Seattle — their eOne account not only offers an interest rate comparable to many “high yield” savings accounts, but reimburses all ATM fees).
Honestly, globally diversified index funds are your best the best bet for long-term growth if you don’t want to be hit by currency fluctuations, inflation and all of that. this includes commodity and precious metals indexes. You need to decide what your time frame for withdrawl is. If you need the money in 6 months you’ll need to do very different things than if you want to have it in 25 years.
