I have $100,000. I am going to need the money over the next year.
I want to protect its purchasing power relative to inflation and also have some reasonable low risk return.
What would be a good investment option?
I had heard that inflation protected treasury bonds are good for this, but I see that the price of TIPS index fluctuate over time based on inflation expectations.
I want something that I can withdraw easily in a few months as cash (with 30 day notice), and the purchasing power of it cannot decline relative to inflation. In addition, I am assuming I can make some real gain over the period.
Other than ETFs like TIPS, is there a way to get inflation protected treasury bonds for retail investors like me (not a sophisticated investor with experience with complicated financial instruments)? And would that be positive net profit over the time I own them?
What is the real return I can expect under these conditions?