i am a 14 y old teenager that has been raised by his grandparents who are in their 70s now.
my granpa is very scared when it comes to investing without the bank. but the interest rates are superlow or even negative. so he asked me what he should do with the money.
recently my granpas savings contract expired, leaving him with around 200k liquidity.
i tried to inform myself about investment strategies and came to the conclusion that ETFs would be a suitable thing to look into.
Can anyone recommend me something on how I can help my grandpa out ?
He´s looking for steady returns without too much risks.
Thanks a lot and a happy new year !