Word: funds
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...driver, Jean Germain, a strapping gentleman from Haiti, came rushing over to take a garment bag from her hands. In lieu of a bonus, last year Orman opened a retirement account for him and made the maximum contribution of $5,000. The cash is sitting in a money-market fund until she decides that the market has bottomed out. She plans to dollar-cost-average into exchange-traded funds and a few individual stocks, as she suggests doing in her books. (Read "Lay Off, Suze Orman...
...said. She values her five homes at $15 million: the San Francisco town house; a two-bedroom beach condo near Fort Lauderdale, Fla.; a house in South Africa; and two apartments in Manhattan. Orman believes that people who don't have money shouldn't buy things--they should fund their IRAs instead--while those who have a lot of it should spread it around. Her biggest indulgence is the $300,000 to $500,000 she spends each year flying on private planes. She's also eaten out every night since November to support the restaurant industry...
...past few months, though, Kapitalizm's jaws have snapped shut. The global credit crunch has hit the economies of Eastern Europe hard. In Hungary and Latvia the International Monetary Fund has stepped in with emergency aid. (Latvia's government collapsed anyway.) Currencies have crashed, leading the European Central Bank to help Hungarians and Poles keep paying their foreign currency-denominated mortgages by pumping in euros. The fear now is that the region's banks could collapse, especially if Western banks yank credit lines to eastern subsidiaries. Such a move would be counterproductive. Western banks, particularly in places such as Austria...
...Returning for a fifth season of athletic eligibility meant that Stack-Babich had to spend the fall away from Harvard and his teammates. After spending that time working at a hedge fund, cooking his own meals, and trying out that whole yoga thing, he’s happy to be swinging the bat again—something he didn’t do for the first time in rehabilitation until late October. What’s more, he’s making up for time lost with his new teammates by becoming a mentor to Harvard?...
...experience suggests it is difficult for an individual to make such judgments. And the existing market for these kinds of policies leaves a lot to be desired. A 2006 Commonwealth Fund study found that only 1 in 10 people who shopped for insurance in the individual market ended up buying a policy. Most of the others couldn't find the coverage they needed at a price they could afford...