Lets play a game called Risky, Safe, Safest.
Risky accounts, or brokerage accounts contain stocks, bonds, and/or mutual funds. There is no guarantee of principal or interest. They are not insured, are not protected from lawsuits, and the rate of return????
Safe accounts, or bank accounts contain CD's, money market accounts and/or savings accounts. There is a guarantee of principal and interest, is FDIC insured, is not protected from lawsuits and the rate of return is low.
Safest accounts, or insurance accounts contain annuities both indexed, fixed, and variable. There is guarantee of principal and interest, is federally regulated, is protected from Florida lawsuits and the rate of return is low to medium.
What is best? There is no answer, but its best to start from safest to risky.