Look what Bill Gates is buying!
The Microsoft tycoon is betting on little-known inflation funds. Should you? Of course Bill Gates has more money than God and he probably he is buying everything but Microsoft stock. I do find it curious what his investment manager is buying now, Western Asset Clay/ US Treasury Inflation Protected Fund. The Fund’s investment objective is to provide current income. Capital appreciation, when consistent with current income, is a secondary investment objective. Under normal market conditions, the Fund will invest at least 80% of its total assets in inflation-linked securities and at least 60% … Read more