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...consumer price index. The bonds, which are riskier than those issued by the government, yielded 4.71% last week. Brokerages like Charles Schwab offer both products. Or you can opt for the original inflation-protected securities, known as TIPS, issued by the U.S. Treasury, or mutual funds that invest in them, such as PIMCO Real Return Fund or Vanguard Inflation-Protected Securities. --By Barbara Kiviat

Author: /time Magazine | Title: Money: Ways To Trim Inflation Risk | 10/6/2003 | See Source »

...terrorists [AFTER 9/11: THE SAUDIS, Sept. 15]. Afghanistan, Iraq, Saudi Arabia or any other state is not our ultimate enemy in this war; intolerant beliefs like Wahhabism are. Installing friendly governments in Afghanistan and Iraq or dropping smart bombs is not enough to defeat that enemy. We must invest in the foundations of Islamic society and support the mosques, madrasahs and imams committed to a moderate, tolerant and responsible interpretation of Islam. MARK LENZ New York City...

Author: /time Magazine | Title: Letters: Oct. 6, 2003 | 10/6/2003 | See Source »

...economists—even liberal ones—accept the fact that most taxes, including income taxes and payroll taxes, distort incentives to some degree. On this point, we are all Feldstein-ians now. But those taxes are justified to the extent that they provide the revenue needed to invest in public infrastructure and services...

Author: By Eoghan W. Stafford, | Title: Bush's Distorted Economics | 10/1/2003 | See Source »

...popular board shorts worn by surfers--and those who imagine themselves as surfers. Kors took his inspiration from the pleasure-seeking jet-setters on the island of Capri. But you don't have to be superrich to take on this reinvention of '70s hot pants--just rich enough to invest in cellulite cream...

Author: /time Magazine | Title: Fashion: Longing for Shorts | 9/29/2003 | See Source »

...Another reason to invest in Italy is that we have beautiful secretaries." SILVIO BERLUSCONI, Italian Prime Minister, on why American businessmen should invest in his country...

Author: /time Magazine | Title: Verbatim | 9/29/2003 | See Source »

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