Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/hot-tips-on-where-to-invest Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Hot TIPS on Where To Invest Economy May 9, 2012 4:03 PM EDT Photo by Kick Images via Getty Images. Readers of this page regularly ask about Treasury Inflation-Protected Securities (see note below), which I’ve long said are my own preferred investment vehicle. Do TIPS still make up more than half the family retirement portfolio, even with negative yields before factoring in the underlying interest rate, which matches inflation? The answer remains a shaky “yes,” as does my reason for doing so: Even though the TIPS fund I use, Vanguard’s bargain-basement VAIPX, is at its all-time high — suggesting it’s time to sell — every other investment in the world seems even riskier. The reason I bring up TIPS is a review by esteemed economics columnist David Warsh of books by two longtime FsOM$*, Zvi Bodie and Bob Schiller. Anyone interested in economics would do well to read Warsh’s “Economics Principals” column on Sundays. And anyone interested in TIPS would do well to read Bodie’s new book, co-authored by Rachelle Taqqu: “Risk Less and Prosper.” *Friends of Making Sen$e Editor’s Note: Read Paul’s previous posts on TIPS: What Investment Products Help Protect Against Market Bumps? My Least-Favorite Investment Vehicle (Except For All the Other Ones) Where Is a Safe, Conservative Place to Invest Retirement Money? This entry is cross-posted on the Rundown– NewsHour’s blog of news and insight. Follow @paulsolman We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now
Photo by Kick Images via Getty Images. Readers of this page regularly ask about Treasury Inflation-Protected Securities (see note below), which I’ve long said are my own preferred investment vehicle. Do TIPS still make up more than half the family retirement portfolio, even with negative yields before factoring in the underlying interest rate, which matches inflation? The answer remains a shaky “yes,” as does my reason for doing so: Even though the TIPS fund I use, Vanguard’s bargain-basement VAIPX, is at its all-time high — suggesting it’s time to sell — every other investment in the world seems even riskier. The reason I bring up TIPS is a review by esteemed economics columnist David Warsh of books by two longtime FsOM$*, Zvi Bodie and Bob Schiller. Anyone interested in economics would do well to read Warsh’s “Economics Principals” column on Sundays. And anyone interested in TIPS would do well to read Bodie’s new book, co-authored by Rachelle Taqqu: “Risk Less and Prosper.” *Friends of Making Sen$e Editor’s Note: Read Paul’s previous posts on TIPS: What Investment Products Help Protect Against Market Bumps? My Least-Favorite Investment Vehicle (Except For All the Other Ones) Where Is a Safe, Conservative Place to Invest Retirement Money? This entry is cross-posted on the Rundown– NewsHour’s blog of news and insight. Follow @paulsolman We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now