You're right about that, but Thrustvectoring is right too. The lowest risk investment that will make you the most over the long term, at least historically, has been index funds. Of course, environments change, and past performance is not a guarantee of future results. As you correctly imply.
I think most responsible advisors would not say, "Put everything here!" Or, "Put everything there!"
You need to diversify a bit, and that diversification should be informed by your own personal appetite for risk. If you have a low appetite for risk, TIPS are the way to go. Maybe some small percentage of your assets diversified across other asset classes.
Conversely, if you have a high appetite for risk, I believe a responsible advisor would still recommend some smaller percentage in TIPS, and then maybe the majority of your holdings diversified across other asset classes.
I think most responsible advisors would not say, "Put everything here!" Or, "Put everything there!"
You need to diversify a bit, and that diversification should be informed by your own personal appetite for risk. If you have a low appetite for risk, TIPS are the way to go. Maybe some small percentage of your assets diversified across other asset classes.
Conversely, if you have a high appetite for risk, I believe a responsible advisor would still recommend some smaller percentage in TIPS, and then maybe the majority of your holdings diversified across other asset classes.