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
This may be an indication that the bond mania is a bit overdone. Although I would caution that there still may be interest (pun intended) in TIP, because many funds, pensions, etc are obligated to buy bonds. So that is why the TIP drive may go on a little while--as it becomes more crowded from investors who are leaving LQD and TLT. Like I said before, make sure you guyz keep the Bernanke snug and toasty and don't let him get ill, because he is YOUR baby. And remember as I pointed out before, that over the long term, TIP is an anti-dollar play--so heaven forbid any real strength in Uncle Buck ($USD) and whiffs of deflation :).