Word: investments
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Dates: during 2000-2009
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...Despite surveys that show a rise of anti-American sentiment in recent years, many Britons still love America, and the British political classes invest great importance in their country's "special relationship" with the U.S. Still, it's safe to say that the sharp sense of disappointment expressed by Cameron isn't uncommon. "The past eight years have been dominated by the troika of Bush, Rumsfeld and Cheney, who have become increasingly unpopular in Europe," says Brooks Newmark, an American-born Conservative MP. He's an enthusiast for John McCain, who has cultivated close links with British Conservatives and addressed...
...Hold More Cash This crazy ride may not be over. So the more cash you have in short-term securities like bank CDs, interest-bearing checking accounts, money-market mutual funds and Treasury bills, the better shape you'll be in to ride out a market slump and invest again when the economy stabilizes. Typically, a decent cash cushion is three to six months' worth of living expenses if you are working and 12 months' worth or more if you are retired. Double the cushion if you can. "Believe me," says William Jordan, president of the Sentinel Group, financial planners...
...Casey said he was hopeful that, despite the economic downturn, the federal government would continue to invest in higher education...
...some students, this financial crisis will hit hard. In addition to losing potential jobs, students who belong to one of a slew of “investment clubs” may be losing real money as well. Acumen Financial Association is one of Harvard’s many pre-professional investment clubs, but it is probably one of the least well known. A select group of seven undergraduates pooled thousands of dollars—at least $1,000 each—and invest and manage those funds in the market. The nearly 800-point nose dive in the Dow Jones...
When Bear Stearns collapsed in March, The New York Times described the storied Wall Street investment bank as “a throwback to a bygone era,” a place with a “cigar-chomping, suspender-wearing culture where taking risks was rewarded.” Some Harvard researchers may have found the link between the culture and the bust. Men with higher testosterone levels are more likely to opt for high-risk investments, according to a study by a Harvard anthropologist and a visiting economist. The researchers gave 98 male Harvard undergraduates $250 and asked...