Conservative investors are increasingly turning to low-risk investments. However, due to the low interest rates, it is currently not worth investing money in a call money account, savings book or fixed-term deposit. It should always be borne in mind that this significantly reduces the real return. In the following, we will explain how you can still invest money conservatively and protected against inflation using our approach of a conservative investment strategy.   Step 1: Build and hold nest egg As with any investment strategy, building up or maintaining a liquidity reserve is extremely important. For the conservative approach, I recommend