Our default TontineIRA™ only invests in FDIC insured certificates of deposit (CDs) because these are generally the only assets that are considered to be safe enough for the proverbial ‘widows & orphans’ and therefore for retirees in general.
For many members they will in fact be too conservative. In the near future we will invite you to take a detailed questionnaire so that you can select a suitable level of risk tolerance given your particular financial circumstances.
Depending on your results, you will then be able to decide whether to partially switch some of your investments into one of the more balanced strategies subject to the approval of the trustees.