TIPS tip: nix the TIPs, they're worth zip.

[pedorrero]

This topic comes up sometimes: whether TIPS are a good inflation hedging bet in your portfolio. (I always say "No," but mainly because I'm a pessimist.)

Here is a view on that topic by Mogambo Guru, which if you can get behind the lunatic schtick, is actually written by a real-world money manager:

Here's the link:

http://www.dailyreckoning.com/Writer.../MG050907.html