I’ve posted Entry #191 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called TIPS, IBonds and CDs Are Better Alternatives to Stocks Than Bonds.
Juicy Excerpt: Perhaps most important of all, it is an easy thing to shift money from TIPS or IBonds or CDs to stocks when stock prices drop. Bonds are like stocks in that there are time-periods in which you are down and in which you very much do not want to sell. The Valuation-Informed Indexer looks to stocks for growth. So he always wants to be able to take advantage of the juicy long-term returns available when stocks are selling at fair-value prices or better. You don’t want to be stuck in bonds at such times.