Your parents are retired and have expressed concern about the really low interest rates

Question

they’re earning on their savings. They’ve been approached by an advisor who says he
has a “sure-fire” way to get them higher returns. What would you tell your parents about
the low-interest-rate environment, and how would you advise them to view the advisor’s
new prospective investments?

Answer 1

Tell your parents -- No way!

Nobody can guarantee a "sure-fire" way to get higher returns. The higher the supposed profits, the higher the risk. At their age, your parents can't afford to take risks.