Word: investers
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...works only half the time. Russia's nuclear security, the report concluded, "may not be sufficient to meet today's challenge of a knowledgeable insider collaborating with a criminal or terrorist group." The Bush Administration's response? Conditions can only get better, officials say, as the U.S. continues to invest $1 billion annually in improving Russia's nuclear warehouses. --By Mark Thompson/Washington
...those who haven't played, it's hard to understand why so many would invest so much in a mere fantasy game. The starter software kit costs $40, as does each of three add-ons that let you explore different continents on Norrath (a fourth arrives in October). There's also a monthly fee of $12.95 for the online service. Yet hundreds of thousands regularly pay up--and not just teenage boys. The average age of EverQuest players is 31, and they include as many lawyers and homemakers as students and Silicon Valley geeks...
Further up the risk spectrum, junk bonds can be an attractive option for picking up some income. The worst news on bankruptcies and defaults is already factored into junk-bond yields of 11% or more on many funds, which are the best way to invest here. But stay away from those laden with still troubled telecom bonds. Two quality junk-bond funds are Northeast Investors Trust and Pimco High Yield...
...rise, banks like Bank of America and Bank One, which have below-market PEs, should rise as loan demand and credit quality improve. And it may pay to think small. In general, small-cap and mid-cap companies have more attractive valuations. Focus on well-run mutual funds that invest in companies with market values of less than $5 billion. Two solid choices are CGM Focus and Armada Small Cap Value. Remember, eventually stocks will rally...
...there may be a subtler explanation for why breast-fed babies are smarter. Think of the duration of breast-feeding as a measure of the interest, time and energy that a mother is willing to invest in the child during the whole upbringing period. As the authors note, it may be that "mothers who spend more time breast-feeding during the first year of life also spend more time later interacting with the child...