Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
TIPS are a risky asset short term, primarily because of their poor liquidity. (Even in normal times the spreads on the longer ones approach 50bp.) Planning on rebalancing out of them into stocks during a crunch might not be a great idea; for exampl…
You'e not missing anything. In order to invest competently, you need 4 skills/proclivities:
1) The horsepower to do the math.
2) An interest in the subject.
3) The knowledge base (historical returns, a working grasp of the finance literature)
4) Th…
Mr. Braham:
Thanks for your insightful comments.
You are quite correct that nothing in life is riskless, least of all in investing.
"Riskless" is a financial term of art that can mean several things, most commonly that if these vehicles fail to d…
