Word: byes
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...bye-bye to bonds. As investors look forward to equities rebounding, some may be thinking about abandoning bonds. But Bill Gross, chief investment officer of Pacific Investment Management Company, says it's actually a good time to buy bonds backed by the Government National Mortgage Association, known as Ginnie Mae. They're offering yields of 6% to 6.5%. The government guarantees principal and interest on Ginnie Maes, which gives them the highest credit quality...
...space-poor reality while searching for a photograph earlier this week, and inspired by the goings-on in Brunei, I decided it was time for some serious mid-summer cleaning. Just like my new hero, the good prince Jefri, I am going to embrace minimalism: Good-bye to the extraneous belongings cluttering up my life. Adios to the stacks of unread magazines. So long to the furniture taking up precious floor space. I will catalogue, tag and drag my possessions out into the sunlight, and await bids from the public...
...long-term interest rates have crept back up and brought mortgage rates with them, in spite of the Fed chairman?s rate-slashing leadership from the short-term side. And if refinancing slows down demand, home prices - especially at their present giddy heights - could drop like a brick. Bye bye, boom...
...SYNC Boys to Men: Celebrity album smash gets grudging critical respect. Bye Bye Bye to rivals...
...Bye now." As the van pulls away and I step back into my exhausted trot, I realize that Caroline is of Lowell now in a way that her mother, father, aunts and uncles never will be. She's history, like her grandmother. She's the little girl who got whacked at the Spinners game...