Word: borrowing
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...York-based financial planner Melissa Levine says an IRA also gives you more flexibility. Instead of picking from a handful of mutual funds, an IRA offers infinite choices: stocks, bonds and funds. There are drawbacks: you can't borrow against your savings, as you can with a 401(k). But if you lose your job, you'll have to pay back any loans against your 401(k) anyway. If you don't, the loan amount is usually treated as an early distribution--that 10% penalty again...
Granting the poor title to their homes and businesses would allow them to use that collateral to borrow or raise capital for business expansion, De Soto says. He notes that the property-title revolution of the 18th and 19th centuries was a catalyst for capitalism's triumph in Western Europe and North America...
Nish scoffs at traditionalists in the U.S. who object to meddling with the sacred cows of Japanese cuisine. "The Japanese are very good at borrowing things and making it their own - even in their cooking," he says. "Tempura came from the Portuguese. It's been argued that even sushi was a Korean development. So why shouldn't we borrow from the Japanese and make it ours...
...borrow...
Patrick is in college at UCLA, and Morgan has graduated and moved away, but the feeling of family among the three adults grows ever stronger. They borrow one another's cars. Jim comes downstairs to use Adair's copier. Adair runs upstairs to borrow tomatoes from what she calls "the Jimstore." Bill or Jim often cooks dinner for the other two. Indeed, a colleague once quipped that Adair's divorce was better than most people's marriages...