Worried about inflation in the future? Consider TIPS
Current investment wisdom holds that the four horsemen of the apocalypse — pestilence, war, famine and Keanu Reeves — will soon be joined by a fifth rider: inflation.
And, in fact, that’s a pretty good argument, given the vast amounts of money being thrown by the government at our financial woes. For that reason, you should be thinking about investing in Treasury Inflation-Protected Securities, or TIPS. But you have plenty of time to mull this one over, so there’s no need to rush.
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