DFIP

Actuary_7894

For my taxable brokerage acconts: VCRM - intermediate managed municipal bond funds JMST - short term municipal bond funds In my retirement accounts: BNDW - general worldwide bond funds DFIP- inflation protected tips PAAA - some higher yield and more risk It's probably overly complicated, but it works alright.

ConsiderationRoyal87

Unlike Series I savings bonds, TIPS are not inherently advantageous during periods of high inflation. TIPS are marketable securities like other bonds, and carry the same risks. If you believe inflation will be *unexpectedly* high, it makes sense to buy TIPS bonds. If you believe inflation will be unexpectedly low, it makes sense to take a short position. And because they're traded on the secondary market, you don't need to buy them individually. You can hold them more easily through a fund. There are many funds: [DFIP](https://us.dimensional.com/etfs/dfip/inflation-protected-securities-etf) / [FIPDX](https://fundresearch.fidelity.com/mutual-funds/summary/31635T104) / [VTIP](https://investor.vanguard.com/investment-products/etfs/profile/vtip) / [VIPSX](https://investor.vanguard.com/investment-products/mutual-funds/profile/vipsx) / [STIP](https://www.ishares.com/us/products/239450/ishares-05-year-tips-bond-etf) / [TIP](https://www.ishares.com/us/products/239467/ishares-tips-bond-etf) / [SPIP](https://www.ssga.com/us/en/individual/etfs/funds/spdr-portfolio-tips-etf-spip) / [SCHP](https://www.schwabassetmanagement.com/products/schp) / [PBTP](https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&ticker=PBTP). Some focus on short-term TIPS.