
01/03/12, 05:46 PM
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SM Entrepreneuraholic
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Join Date: Sep 2007
Location: Southern Virginia
Posts: 9,558
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Quote:
Originally Posted by ryanthomas
Thought about it, I'm guessing it's a government bond fund of some sort.
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You're right.
It is TIP (ISHARES TREAS INFLATION PROTECTED SECS FD) currently yield is 4.47%.
I suck at buying stocks, so I am trying to be a little more conservative this year. Inflation is expected in 2nd half of year, or at least that's what some project, so I thought this might be a good place to park some money.
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Rich
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