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Interest rates may look like chicken feed right now--but inflation is low too, so your real return is richer than it looks. Even when bonds yielded 8% in the early 1990s, their return after inflation was under the 3.2% you can net on today's 4.8% bonds (see chart). That's why you shouldn't join the herd of investors stampeding into high-yield--or junk-bond--funds; so far this year, the public has poured $9 billion into these buckets of risky corporate debt, nearly half as much as the money attracted by all stock funds combined last...
ORGANIC Hens live cage free and eat organic feed. Eggs cost $3-$4 a dozen...
...policy have been out in the open over the past two weeks, with Secretary of State Colin Powell speaking in favor of immediate movement toward some provisional form of Palestinian statehood as a means of creating hope among ordinary Palestinians to counteract the despair on which the extremist organizations feed. But the White House has distanced itself from some of Powell's remarks, and more hawkish elements in the administration are adamantly opposed to any steps they would construe as "rewarding terrorism." The latest bombings may have exacerbated the internal conflict in the administration, and delayed the announcement...
...most excruciating example of an needlessly elaborate game strategy came in Argentina's final outing, against Sweden. With the Swedes reluctant to leave their own half, the South American champs were easily able to feed the ball to Pablo Aimar and Ariel Ortega, who were in turn meant to create scoring opportunities for Gabriel Batistuta. Both of these diminutive players have had the misfortune of being tagged "the new Maradona." Perhaps the heavy burden of that label compelled them to show off their dazzling skills every time they received the ball, weaving one way, then the other, deceiving a couple...
...These are also the best times to see Australia's most famous fauna up close and personal. Giant gray kangaroos feed in the clearings, and emus?those large, ungainly, flightless birds endemic Down Under?stride comically along the corrugated dirt road that loops the Pinnacles Desert. Though now protected in the area, the birds were in the past a source of food for Aboriginal tribes. Artifacts at least 6,000 years old have been uncovered here, leading geologists to assume that the area was once inhabited. Entry into the park is just $4 a person; accommodation and tours...