Tag bonds

“Spread your bets” because there is nothing safe, no investment is fundamentally safe. So, the only way you can defend yourself and defend your money is to put some money into a number of different types of products, like cash savings accounts, shares, pensions, bonds, property, etcetera, because all of them work in different ways. If one product tanks, then you've got a few other products that you can fall back on. Oh, and my other mantra is about managing your money: “spend less than you earn and invest.”