http://flagship4.vanguard.com/VGApp/hnw/web/corpcontent/vanguardviews/jsp/VanViewsNewsLinksArticle.jsp?chunk=/freshness/News_and_Views/ALL_gnmatips_04222003.html(Latest Vanguard news.)One comment I found new and interesting was by the TIPs guy who said one should expect total returns over time (he didn't say how long, as I remember) that equal the interest returns at the time you invest (I presume with reinvested dividends). In the TIPs case currently, that would mean low 4.0s (including inflation component). I wonder if this would generalize to other funds. Of course, if a fund is now paying 4% interest and over time averages 6% interest, your capital loss is why you wouldn't average 6%.