On Apr 15, 2:40*pm, Horace Heffner <hheff...[at]mtaonline.net> wrote:
- quote -

You can buy TIPS using Treasury Direct from your bank account. I
wonder if you can open an IRA in the bank of your choice and buy TIPS
from there using Treasury Direct.

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In article
<2ec3dbca-443b-44df-aa7d-4393956d975a[at]h1g2000prh.googlegroups.com> ,
Horace Heffner <hheffner[at]mtaonline.net> wrote:

- quote -

If you are in US government backed instruments and insured accounts,
what downside is there? And if you pick some small outfit that nobody
has heard of, and they get in trouble, are they going to have the
reserves to cover you before they fold up and need hand you off to
the insurance company?

-john-

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I'm looking for a low market exposure brokerage in which to hold TIPS
in an IRA for 10 years or more. This is intended to be a repository
for the highly secure portion of a portfolio, similar in function to
gold, but without the downside risk, and with the prospect of making a
small amount above inflation. I would therefore like to avoid market
makers and investment banks and brokerages or wire services owned by
such or with significant exposure to market conditions. The only such
brokerage I have found so far is Edward Jones, but I would like to
find one or more alternatives with lower markups and commissions.
Please feel free to respond to hheffner at mtaonline.net. Thanks.

Horace Heffner

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