14 of 14 people found the following review helpful
If you want to invest in TIPS, you need this book!,
This review is from: Explore TIPS: A Practical Guide to Investing in Treasury Inflation-Protected Securities (Paperback)
My wife and I are retired, and the cornerstone of our portfolio for the past few years has been I-Bonds and TIPS. We made that decision after reading Zvi Bodie's book "Worry Free Investing." We're glad we listened to him, because rather than suffering through the financial travails of the past few years, our portfolio has substantially appreciated in value. However, while Dr. Bodie and others such as Larry Swedroe and Dr. Annette Thau make a good case for owning inflation protected securities, in my opinion, they lack the detailed mechanics for buying, holding and selling these instruments. The Finance Buff's book "Explore TIPS - A practical guide to investing in Treasury Inflation-Protected Securities" addresses that gap. Consider it, if you will, a shop manual that you can use to be a successful TIPS investor. The Finance Buff provides up-to-date and in-depth information on secondary markets, auctions, TIPS ETFs and the effects of inflation and deflation on TIPS, so that the reader can make informed decisions. And we have found his insights to be real eye-openers. He provides many specific formulas and analyses that backs up his findings, which we have put these to good use. Recently, my wife and I have been very concerned with the effects of possible deflation on our TIPS portfolio, and this book turned around our thinking (as well as eased our fears.) While "Explore TIPS...' is expansive and detailed, one does not need to be an expert in Finance to understand its contents. It was written very clearly, it addresses a wide audience and it addresses just about everything I can think of on this subject -- all under the covers of one book. In my opinion, if you want to invest in TIPS, you need this book!