Explore TIPS

I wrote the book Explore TIPS to help other retail investors understand a unique and important investment vehicle – the inflation indexed bonds called TIPS. Starting from the very basics, what TIPS are and how they work, the book guides you through

• How to invest in TIPS through mutual funds and ETFs
• How to buy individual TIPS directly from the U.S. Treasury
• How to buy TIPS on the secondary market
• TIPS strategies

See detailed Table of Contents on the right hand side.

The book is available at Amazon.com and Barnes & Noble. It qualifies for free shipping over $25 if you combine it with other items.

Buy PDF e-Book

You can also buy the book in PDF format (for uploading to your favorite e-Book reader, for example) for $9.95 directly from me.

• Praises

  "I would highly recommend it"
  - Larry Swedroe
  
  "It is the ideal book for anyone interested in the subject, and everyone should be interested in this subject."
  - Zvi Bodie
  
  "Consider it, if you will, a shop manual that you can use to be a successful TIPS investor."
  - Rich
  
  "Highly recommended for any do-it-yourself investor."
  - Mike Piper
  
  "By buying this book you open for yourself the door into the world of truly safe investments."
  - P. Rank
  
  "The book is well written and a good value for those who are new to TIPS."
  - Paul
  
  

• Questions, Comments?

  Click Here

• Table of Contents

  1 Bonds Refresher

  • CDs Are Bonds Too
  • Bonds Trade
  • Present Value and Yield to Maturity
  • Price, Interest Rate, and Duration
  • Bond Ladder and Bond Funds
  • Bonds and Taxes
  • More on Bonds

  2 TIPS Basics

  • What Are TIPS
  • Real vs. Nominal
  • Why Buy TIPS?
  • TIPS vs. Nominal Bonds
  • TIPS vs. I Bonds
  • Interest Rate Changes
  • TIPS and Taxes
  • Risks in Investing in TIPS
  • How to Buy TIPS

  3 TIPS Mutual Funds and ETFs

  • Fund vs. Individual Bonds
  • Understand Yield Numbers
  • Distributions
  • Open-End TIPS Mutual Funds
  • TIPS ETFs

  4 Individual TIPS - Auctions

  • Bond Lingo
  • How TIPS Are Issued
  • Why Auctions?
  • Which Account
  • Know the Schedule
  • Read the Announcement
  • Place Order
  • Read the Auction Result

  5 Individual TIPS - Secondary Market

  • What Is the Secondary Market?
  • Why Buy on the Secondary Market?
  • Understand TIPS Quotes
  • When to Buy
  • Which TIPS?
  • Where to Buy
  • Selling

  6 Holding TIPS

  • How TIPS Are Adjusted for Inflation
  • TIPS During Deflation
  • Original Issue Discount (OID)
  • Bond Premium Amortization
  • Market Discount

  7 TIPS Strategies

  • How Much In TIPS
  • TIPS Fund or Individual TIPS

  Appendix: TIPS Data and Resources

  • Government Data
  • News Media
  • My Spreadsheets