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« Previous Entry | Main | Next Entry » If someone said to you, I have $100,000 of hard earned money saved, where would you invest it? Name:
Everett
Question/Comment: If someone said to you, I have $100,000 of hard earned money saved, where would you invest it? Paul Solman: In U.S. government TIPS, Treasury Inflation-Protected Securities, I suppose. They pay an interest rate equal to the Consumer Price Index, plus a small premium (a percent or two). The reason I answer this way is because a major chunk of our family pensions are invested in them, and have been for years. And they're a favorite of my finance professor guru, Zvi Bodie featured in a piece ours on the financial crisis. Bodie-sattva, as I sometimes call him, pushes TIPS in his book, 'Worry-Free Investing.' They're also endorsed by Terry Burnham in his fascinating book, 'Mean Markets and Lizard Brains.' -- Posted September 22, 2008 | Comments (1) | Permalink
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TIPS? Even with the way the government does CPI accounting?
Your purchases, direct from treasurydirect.gov or through a mutual fund company?
Thank you.