This morning while laying in bed I get this ticker symbol in my head, WIP. Now before you say yeah, right another loony tune from V. Consider what I was thinking of. I wanted a safe vehicle to invest in if inflation spikes which it may.
I know, I know you are saying I just made this one up. Honest to God I didn't. I had the Yahoo block in my head just setting there and walla and in it came "WIP". So this morning I type in WIP and find this. What are the chances of that happening coming up with a perfect ticker symbol for fighting inflation without research. Most will not believe a word of this crap and I understand, but I ain't normal, if you knew me personally you would know that fact as well.
Look below what blew my mind came up. Frigging weird stuff but it is a fact, honest to God I promise.
http://finance.yahoo.com/q?s=WIP
1. If inflation rises, your principal will remain intact and you'll collect a solid stream of income.
2. If the U.S. dollar decreases, WIP would appreciate in value. You are effectively investing in foreign bonds with currencies that would be rising against the U.S. dollar.
3. If stocks fall, there's no historical correlation to WIP. In fact, the S&P 500 has a slight negative correlation to foreign bonds, but not necessarily a significant one.
In effect, you have non-correlating assets in your portfolio, which is the heart of true diversification; specifically, your portfolio can still zig independently of whether stocks are zagging, zigging or spelunking!
Ok just thought I would share this one.
I have no clue how it came but it did.
Do your own research and for fun track this for sometime and lets see how it turns out.
"WIP"
a HEDGE AGAINST HYPERINFLATION,,,,,maybe so.
Yours truly,
V.
Lehman Execs Have No One to Blame but Themselves
-
The U.S. bankruptcy-court examiner investigating the collapse of Lehman
Brothers Holdings Inc. issued a stinging report Friday that accused senior
executiv...
1 day ago


