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...Rethink all the ways you are using leverage, such as carrying credit-card debt while owning stocks or borrowing against your home to buy a boat. As rates go up, the investment or enjoyment return on whatever you purchased must go up commensurately for the arrangement to make sense. Dump as much debt as you can. If the economy tanks and your income goes down, high-rate credit-card debt, especially, can ruin you. Pay off high-rate non-tax-deductible debts first. If possible, consolidate your nondeductible debts--including auto loans--into a deductible home-equity loan. Target variable...

Author: /time Magazine | Title: How To Beat The Fed At Its Own Game | 5/29/2000 | See Source »

...exactly the opposite. You say people ought to dump the stocks that are in their portfolio because we are headed for a terrible crash, which is something you have been saying now for four years...

Author: /time Magazine | Title: Will The Dow Ever Hit 50,000? | 5/22/2000 | See Source »

...reviewed the ruling and her options for taking Elian from the Miami house, Reno said she had to prepare for the worst: that there might be guns in the house, or in the crowds outside; that old women would throw themselves in front of federal vehicles; that dump trucks filled with gravel would block intersections. The INS team wanted to go in before dawn, but Reno worried about the image of a nighttime raid. So grim was the picture the Attorney General was painting, it appeared to the aides that she would prefer to wait some more...

Author: /time Magazine | Title: The Elian Grab | 5/1/2000 | See Source »

Even in the U.S., which has some of the toughest environmental laws, safeguarding rivers and reservoirs is a constant struggle. While many companies obey the rules, others still try to use waterways as dump sites. American environmental-enforcement officials have been bombed, shot, run over and sued while trying to perform their duties. But the most demoralizing blows invariably come from their employers: the Governor or commissioner who wants to shield a political contributor or recruit polluters to the state by shutting down environmental enforcement. Some environmental cops must dodge both bullets and their bosses to protect the public from...

Author: /time Magazine | Title: Handcuffed Cop | 4/26/2000 | See Source »

...called Stock Solutions that will put its investments into more "transparent" portfolios. Fund owners will have online access to information on stock holdings and their allocations, albeit with a two-week lag (instead of the three months or six months it takes most fund companies). That way, you can dump a fund sooner if you don't like its dogs...

Author: /time Magazine | Title: In Brief: Apr. 24, 2000 | 4/24/2000 | See Source »

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