If you knew, then clearly you followed your own advice and made a ton.
BTW, your comparative chart is significantly misleading....unless you meant it to be. The comparative does not take into account the distributions which is the mammoth proportion of the accumulated and compound income from TIP. The only thing you see is the market rise in the ETF over that time... Try pumping into that chart that additional COMPOUNDED distribution/return.
You might be more than surprised to see the results....OH MY!!!!
If you are going to wait until TIP gets down to the price it was in 2009....you had better hope that cash is king...because you won't be investing in TIPS any time soon. Oh and BTW, your cash won't be worth a cup of sand by then anyway....at least I will have been getting and spending the monthly distribution along the way.
Good Investing (or in your case sitting and waiting), Ken
Please explain your reasoning. 12/2009 is the low and was a bargain looking back, but why is that the "fair" value?
The way I see things is that TIPS are to protect against inflation. In 12/2009 we were worried about deflation, so TIPS took a hit. If we do get inflation to return, the prices should increase to reflect the inflation. With corn prices up, this affects gasoline and food for the next 6/12 months and should also add to inflation and in turn this would also mean an increase in the TIPS value.