
Originally Posted by
longfisher
buy VIPSX. I have. I bought almost $100,000 of it from retirement funds. And, I've made almost 11% in less than a year. There's more to be made too.
VIPSX, for those of you who might not know, if a mutual fund that has about 80% of it's monies invested in Treasury Inflation Protected Securities (TIPS). Had my money been largely in unqualified funds I'd have bought the TIPS directly at auction. But most of our money's either illiquid (home, kids, etc.) or retirement funds (qualified money). It's hard to invest qualified money in the direct purchase of TIPS (I tried). So, we bought a fund instead.
Take a look at TIPS auctions (the Treasury just increased the amount of these securities they'll sell as demand is incredibly high) is you have private money to invest or a TIPS fund like VIPSX if you have qualified money to invest and you won't be sorry. Bernanke is definitely going to cause substantial inflation what with all the money he's printing out of thin air.
LF