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Pastimes : Where the GIT's are going

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To: KLP who wrote (181130)7/16/2009 5:26:45 PM
From: Ken Adams  Read Replies (1) of 225578
 
When I first learned about the availability of TIPS (Treasury Inflation Protection Securities) I went for it. I legged into IPE (SPDR Lehman Barclays Capital TIPS) for an average price a little over $48. It closed today at $49.41. It's tied to the Consumer Price Index. When inflation becomes evident, this fund should do quite well. Otherwise, I'm in savings accounts that pay just above and just below 2% with everything except a modest "trading" account I speculate on e-mini's with.
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