I?m not a investment guru by any stretch of the imagination, so please forgive any ignorance, errors, or awkward questions asked out of doubt.
From what I?ve read, it seems inflation will start to hit next year. (yes? no? civil thoughts?) I?m considering protecting myself with the following strategy:
1. TIPS ? Apparently, the only good way to play these is in an account w/ a tax benefit. (Does this mean: Roth IRA? Roth 401k?) I have a Fidelity 401K account (can invest in both Roth and non-Roth 401k), a T.Rowe price 401k account (from previous job), and a TDAmeritrade trading account. Should I keep some of my funds in my Fidelity account in a TIPS fund (Roth or non-Roth)? What fund should I be looking for? I guess I can open an IRA through Ameritrade and look for TIPS funds to invest in?
2. Gold, Platinum, Palladium, Silver ? I might have missed the boat on Gold? I?ve looked at ticker=GLD. Is Palladium a safe bet? How does one play Palladium? Thoughts on investing in any of these?
3. Real Estate ? I gather this is not the best way to deal w/ inflation, but I just bought a smaller second house. I guess the best way to deal with this is to get a 30-year fixed rate mortgage, and pay it off later when inflation makes the outstanding balance ?cheaper?. In the meantime, I?m going to try to keep it rented.
I realize this is a complex question. Just fishing for thoughts. Thanks.
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