Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/if-someone-said-to-you-i-have Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter If someone said to you, I have $100,000 of hard earned money saved, where would you invest it? Economy Sep 22, 2008 5:51 PM EDT 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.’ A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now
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.’ A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now