SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (98683)4/29/2003 2:08:09 PM
From: Tommaso  Read Replies (1) of 132070
 
A tip on TIPS:

Shiller believes in diversification, but his definition is different: He holds municipal bonds, real estate,investment trusts, and an international value fund that invests in low-priced stocks outside the United States. But perhaps his favorite vehicles of all are "index bonds" -- U.S. Treasury Inflation-Protected Securities (TIPS) that offer a guaranteed 3.5 percent return above inflation.

"If someone had to pick -- all my money in the stock market or all my money in index bonds," Shiller says, "TIPS would win hands down. But very few people are able to keep that perspective right now. There's just so much excitement around the stock market and so many varied games to play, and for many people it's a part of their lives -- you know, it's just fun to watch, and index bonds can't compete with that."


cowles.econ.yale.edu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext