TIPS are not a currency of any kind whatsoever.TIPS are not inflation free currency, you are always lagging inflation because you have to pay taxes on the inflation adjustment. Even in a tax deferred account,you still have to pay taxes when it comes out. Unless you are one of those lucky people to manage getting all of your savings into a Roth IRA. Most people don't make all their money in their 20's and 30's then have no earned income the rest of their life so they cant do Roth conversions every year in their 40's-60's.
They're bonds.
Statistics: Posted by watchnerd — Sat Apr 20, 2024 7:04 pm — Replies 63 — Views 7145