Word: foreign
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...that was 60% stocks and 40% bonds in 1970 and was never rebalanced would have grown to $2.9 million by 2008. That same portfolio rebalanced annually would have grown to $3.5 million, according to the Schwab Center for Financial Research. Keep at least 25% of your stock allocation in foreign companies to hedge against a weak dollar and a lagging U.S. economy. Limit your Treasury securities to 10% of your bond holdings to hedge against a widely anticipated surge in government borrowing rates. (See 10 things to do with your money right...
...that reported more votes than they had ballot papers. A week before the IEC was to announce the results, I learned that it was considering abandoning these safeguards. I called the chief electoral officer to express my concern. Within two hours, I found myself summoned to meet the Foreign Minister, who, on direct instructions from Karzai, protested my interference in the Afghan election process. At that time, however, my intervention was successful, and the IEC voted to keep the safeguards...
...offering (and frankly, it wasn't much), he wouldn't sail into the maze of islands. The World was a pet project of Dubai's ruler, Sheik Mohammed bin Rashid al-Maktoum, and it was patrolled by security guards in fast boats. Illegal Bangladeshi immigrants and nosy foreign reporters entered at their peril...
...independent National Security Archive at George Washington University recently translated chronicles of the Soviet discussion, mostly from notes taken by Anatoly Chernyaev, Gorbachev's senior foreign policy aide at the time. While the U.S. insists it is not an occupying force as the Soviets were, both missions faced many of the same challenges. "We should honestly admit that our efforts over the last eight years have not led to the expected results," a senior military commander confided to Defense Minister Dmitri Yazov in an August 1987 letter. "Huge material resources and considerable casualties did not produce a positive end result...
...Afghans to maintain their own security," Defense Secretary Robert Gates said in June. The Soviets believed the same thing two decades earlier, although they were disappointed. "There was a simplified view that the presence of our troops would set Afghanistan on the right track," Politburo member and former Foreign Minister Andrei Gromyko said in February 1987. "And now I would not bet a dime that they can create their own Afghan army, no matter how much resources we invest...