Investing: Two-Sided TIPS

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Another option is to buy a TIPS mutual fund. As the TIPS market balloons, fund firms are responding. There are about 20 offerings to pick from. You should look for a fund with at least a few years' track record as well as low expenses and above-average returns. Eric Jacobson, a senior analyst at fund tracker Morningstar, recommends Vanguard Inflation-Protected Securities and Fidelity Inflation-Protected Bond. And for fans of exchange-traded funds, which trade like stocks, there's iShares Lehman TIPS Bond Fund. Funds that buy TIPS are conservative investments. But don't forget that even they can lose money if interest rates go up and bond prices fall. Alas, the protection perk gets you only so far.

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Secretary of State HILLARY CLINTON, responding to NATO pledging an additional 7,000 troops to the war in Afghanistan. Clinton also acknowledged that "our people are weary of war" and cited President Obama's pledge to begin withdrawing U.S. forces in July 2011
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