Word: bondses
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That same year Waddle married Jill Huntington, whom he had met at a cosmetics counter in Silverdale, Wash. She provided the unquestioning devotion he had been seeking all his life. "She loves me unconditionally, although for the longest time I didn't appreciate that," says Waddle. "This tragedy has done...
Greenspan has now lopped two full points off the federal funds rate, a point of that between meetings. Short-term interest rates now start at 4.5 percent, and everything from mortgages to car loans to corporate bonds should now be a little cheaper. Wednesday, he even managed to catch the...
The average eBay user stays on the site for an hour and a half, which is an extraordinarily long time by Internet standards (even the bookish Amazon.com user only hangs around for 18 minutes). That's because visitors don't just bargain-hunt or post pictures of their mint-condition...
But the debate over Social Security was never over the arguments. If it had been, people might have started to notice that stocks simply can’t out-perform bonds forever. If stocks did consistently offer a better return for the risk, then who in their right mind would...
Had cooler heads prevailed, people might have also noticed that no Social Security system would be able to pay the full returns from its investments. During the campaign, Bush repeated the mantra that even safe investments could get better returns than the Social Security trust fund—rock-solid...