For absolute safety, US Treasury bills. You get a 1-year bill from Treasury Direct. You pay no commission. You buy it at a discount reflecting current interest rates, and the face value is deposited directly into the designated account on maturity. After 1 year, if you want to renew for another 3 months or 6 months, you so direct the treasury and it will be done. GNMAs may fluctuate in value. Actually, WILL fluctuate in value. Any mutual fund will. You could get a 1 year CD from your bank and possibly renew for 6 months, and that would be safe. Best wishes, Chris
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