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Instead, consider TIPS, or inflation-protected Treasury bonds. Uncle Sam isn't going to default on his debt (or, if he does, the world economy will be such a mess that nothing else will be worth investing in either). And TIPS guarantee you can't lose money after inflation. They...

Author: /time Magazine | Title: The Trust-No-One Investing Plan | 6/24/2002 | See Source »

Despite a worldwide slowdown in business travel, airlines are jetting ahead with long-term plans to upgrade their business-class perks. The reason: they don't want to be left behind when the sector takes off again. Cathay Pacific spokesman Patrick Garrett admits that investing in luxury touches like an...

Author: /time Magazine | Title: Hot Seat | 6/24/2002 | See Source »

Show them the money. Giving your kids money--an allowance when they're young and, the Gallos suggest, a prepaid credit card like Visa Buxx when they're teens--is key to teaching them how to live within their means as adults. Use the start of an allowance (or a...

Author: /time Magazine | Title: A Guide for Silver Spoon Parents | 6/17/2002 | See Source »

Venture capitalists are investing heavily in nanotechnology, which promises industrial advancements, such as nanoscale powders that strengthen steel and materials that allow for smaller chips. Samsung is using carbon nanotubes, fibers just 2 nm wide, to develop high-resolution TV screens; dozens of newcomers will use them to build everything...

Author: /time Magazine | Title: Board Of Technologists: High Tech Evolves | 6/10/2002 | See Source »

Later in the afternoon, Summers spoke to a gathering of about 500 members of the Harvard Alumni Association about his priorities in his "freshman year" at the University. He stressed familiar themes about the importance of strengthening undergraduate education, expanding into Allston and investing in scientific research. He concluded with...

Author: By Jonathan H. Esensten, CRIMSON STAFF WRITER | Title: Rain Soaks Graduates at Morning Commencement Exercises | 6/6/2002 | See Source »

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