How can I ensure my long-term savings are safe?

There are several steps you can take to ensure the safety of your longterm savings:

1. Choose a reliable financial institution: Ensure that you invest with a reputable financial institution that is wellregulated by the government.

2. Diversify your portfolio: Diversifying your portfolio can help to minimize the risk of losses in any one investment.

3. Invest in lowrisk assets: If you're riskaverse, consider investing in lowrisk assets such as fixed deposits, government bonds, or mutual funds.

4. Stay informed: Keep yourself updated on the performance of your investments and the market conditions.

5. Use secure online platforms: If you invest online, ensure that the platforms you use are secure and have strong data encryption.

6. Keep your personal information safe: Protect your personal information, including your bank account and investment details, from unauthorized access.

7. Consider insurance: Consider taking out insurance policies such as life or health insurance to protect yourself and your family in case of unforeseen circumstances.

Remember, no investment is completely riskfree, but taking these steps can help to minimize the risks associated with longterm savings.