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...forget that 529s are investments There is risk in any 529 fund and, in most cases, no guarantee that you won't lose money. Pick a plan that has a range of investments, from stocks to a money-market fund or other cashlike option, so that you can move into safer securities as your kids get older. (In other words, you shouldn't be loaded up on tech stocks when Junior is, well, a high school junior.) Most plans you buy directly (i.e., without a financial adviser) include age-based portfolios. That means the fund company decides how you should...

Author: /time Magazine | Title: Money: Do 529s Pay? | 1/22/2006 | See Source »

...Democrat issue. It's a very basic one. A President, Democrat or Republican, has every right to act unilaterally at times to defend the country. But a democracy cannot work if the person who is deputed to execute the laws exempts himself from them when he feels like it. Forget the imperial presidency. This is more like a monarchical one. America began by rejecting the claims of one King George. It's disturbing to think we may now be quietly installing a second one. Andrew Sullivan's blog, the Daily Dish, can be found at time.com

Author: /time Magazine | Title: We Don't Need a New King George | 1/19/2006 | See Source »

Martha won't get what she wants. Neither will studio bosses and movie exhibitors, if Soderbergh and his fellow incendiaries have their way. But forget for the moment the promise and threat that Bubble holds for The Future of Movies. This is a fascinating drama for Right...

Author: /time Magazine | Title: Movies: Let the Revolution Begin | 1/15/2006 | See Source »

...individual's perception," he said to King, "my recollection." And he's right. Any memoir is unavoidably filtered through the author's memory and feelings and the inherently impressionistic nature of any literary medium. But before we get lost in an epistemological fog, let's not forget that there's a difference between unavoidable distortions and willful deceptions. Some falsehoods come with the territory of the memoirist; others must be deliberately imported into it. That's a distinction that memoirist Mary Karr, author of The Liars' Club and Cherry, is adamant about. "This is not rocket science," she says. "This...

Author: /time Magazine | Title: The Trouble With Memoirs | 1/15/2006 | See Source »

...reeled at the severity of the incident. The similar JetBlue incident on Sept. 21 came to mind, in which an airplane had to make an emergency landing with its front landing gear stuck sideways. And who could forget the tragic Southwest Airlines catastrophe—which came barely two weeks before the Midwest incident—in which a jet trying to land in heavy snow and ice slid off a runway at Midway International Airport in Chicago, crashing through a fence, injuring 10 people, and killing a 6-year...

Author: By James H. O'keefe | Title: Leaving On A Jet Plane? | 1/12/2006 | See Source »

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