Cash is, by definition, the lowest-risk asset since it cannot incur a loss ($1 always = $1), but it will lose purchasing power because of inflation over time.
Cash is, by definition, the lowest-risk asset since it cannot incur a loss ($1 always = $1), but it will lose purchasing power because of inflation over time. U.S. Treasurys are also considered one of the safest investments, as they are backed by the full faith and credit of the U.S. government. Treasurys have various maturities, ranging from short-term Treasury bills (T-bills) to longer-term Treasury notes and bonds.