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In this update on safe investing, the speaker discusses changes in investment strategies as February nears its end. Traditionally, bonds have been considered a benchmark for safe investing for the past 30-40 years. However, recent trends reveal that bonds may not be as safe as previously thought. As interest rates decline, bond values increase; conversely, rising interest rates, often triggered by inflation, lead to declining bond values. This shift indicates that remaining in bonds could result in ongoing losses if investors don't adapt to the changing market landscape.