Word: bondses
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Robert Nathan, 70, economic consultant, Washington. Nathan believes that "stocks and bonds are for the birds under current economic conditions. They are not adequate hedges against inflation. Land is the best." For investors who need income, Nathan suggests buying "real property-apartments, office buildings, things that offer a reasonable return...
Michael Halberstam, 46, cardiologist and author, Washington. Halberstam chooses real estate investments, largely because he regards his knowledge of stocks and bonds as "minuscule." But, he reasons, "I do know that the home I bought ten years ago has appreciated 300%. That is certainly not the case with the stocks...
Murray Weidenbaum, 52, economist, St. Louis. He has been putting his money into short-term securities like Treasury bills. When interest rates peak and start declining, he plans to shift into three-to-five year Treasury notes and perhaps municipal bonds to lock in the higher rates. Less than one...
There are even more tangible benefits for America. For every $1 that the U.S. contributes to international financial institutions that give aid, the recipients spend $2 to buy goods and services in the U.S. For every $1 paid by the U.S. into the World Bank alone, $9.50 flows into the...
BECAUSE AS THE divisions firm up, we reanze that one of the few bonds remaining in contemporary American culture is Sport, more precisely. Televised Sport. Don't believe me? Check the ratings on Super Bowl XII--it was the most-watched television extravaganza of all time. Then see where the...