If you are thinking of investing conservatively but in a way that also offers some inflation protection, here’s an option to consider.
All tagged treasury bonds
Earn 9.62 Percent Tax-Deferred with Series I Bonds
Through October 2022, you can buy Series I bonds that pay 9.62 percent interest. And you receive that rate for six months from the time of purchase.
The interest you earn for the first six months gets added to the principal, and you earn interest on that interest during the next six months (think compound interest).