Even with the bonds rebounding over the past two months on speculation the Fed is poised to slow its rate hikes, the Bloomberg index of Treasury Inflation Protected Securities, or TIPs, is headed for a loss of nearly 10% this year.
Peter Essele, senior vice president for investment management and research at Commonwealth Financial Network, explains why it makes sense to consider longer-term fixed income investments.
Savvly's new pooled equity index fund has some similarities to a tontine, an investment that pays out at higher amounts as other participants die or withdraw early.