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...gain. The study's authors forecast a future global stock premium of 3 or 4 percentage points a year over risk-free money. That still isn't bad, especially over the long haul, but it can't justify the risk of an all-stock portfolio. The LBS scholars suggest putting about 40% of your risky assets in bonds. You should still buy (some) stocks now Are we near the end of this long, grinding bear market, or can stocks still fall further? Answer: Forget the question, because market timing is almost always fruitless. Most of us are better off putting...
...Mississippi three years later in St. Louis. They slept in impossibly close quarters, often sharing the same buffalo-skin teepee with an Indian woman, a French-Canadian interpreter and their baby. They, and several enlisted men, kept journals whose published throw weight equals 13 volumes, 30 lbs., 18 in. of bookshelf and approximately 1 million words. All that evidence notwithstanding, the more we learn about the two captains who gave their names to the Lewis and Clark Expedition, the more powerful becomes their pull on our imagination...
...little better. Led by John Indrehus, a horse packer with a pistol strapped to his belt, the horses struggle over fallen trees, and one, having cut its leg open, bolts, nearly running us down. By late afternoon we climb to the snow line, and the horses, each 1,200 lbs. of skittishness, start shying as they sink into the drifts. Indrehus is worried that one will break a leg under a buried log. "That's why you bring the pistol," he says. Fairchild decides to camp early and send the horses back the next morning...
...federal agency in charge of the nation's air security, over the baggage-screening machines the TSA has ordered to be in operation at all 429 U.S. airports by the end of the year. Denver will ultimately need 50 of these bulky machines, which weigh 10,000 lbs. apiece and stand about five feet high, and the TSA wants them placed in the main terminal, next to the ticket counters. The mere thought of this makes Baumgartner's fleshy face turn red. The machines would take up space currently needed for passengers, he argues, and would add to the congestion...
...Astaire looked back on his career for a TIME story I wrote. (I've borrowed some of that piece for this one). He told Correspondent Martha Smilgis that making the Fred-and-Ginger films was like "running the four-min. mile for six months. I'd lose 15 lbs. during rehearsal. But then you'd get in a winning groove - a kind of show-business dream sequence where you can't do anything wrong. The choreography was a mutual effort: Hermes Pan, Ginger, even Adele contributed. And of course Ginger was able to accomplish sex through dance. We told more...