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...would have grown to $2.9 million by 2008. That same portfolio rebalanced annually would have grown to $3.5 million, according to the Schwab Center for Financial Research. Keep at least 25% of your stock allocation in foreign companies to hedge against a weak dollar and a lagging U.S. economy. Limit your Treasury securities to 10% of your bond holdings to hedge against a widely anticipated surge in government borrowing rates. (See 10 things to do with your money right...
...Quincy House Masters had been planning the event since January. But because of increasing budget cuts over the course of last semester, budget considerations impacted the event in a “pretty major way,” Gehrke said, adding that the Masters had to limit the number of alumni invitations to the event due to fiscal constraints...
...artworks that Mr. and Mrs. Obama will be borrowing from Washington museums to decorate their private home, as well as the parts of the White House’s East and West wings. However, rules dictated by the Committee for the Preservation of the White House serve to limit a building-wide aesthetic overhaul. Works considered for inclusion in the permanent collection, which constitutes most art displayed in public spaces, must have been made over 25 years ago, and their creating artist must be deceased. This accounts for the collection’s overwhelming focus on 18th- and 19th-century...
Balaraman is a senior originally from the San Diego area, who despite the drastic change in weather, has established himself as an important part of the water polo team here at Harvard. That said, he doesn’t limit his play to sports. Balaraman and his roommate showed off their philanthropic sides by offering their services as a package deal at Kirkland’s Date Auction last night...
Nearly two weeks after stealthily returning to the country, ousted Honduran President Manuel Zelaya remained bunkered in the Brazilian embassy with dozens of supporters. Honduras' de facto leader, Roberto Micheletti, gave Brazil's President 10 days to decide what to do with Zelaya but backed off a plan to limit news broadcasts and restrict public meetings after lawmakers objected. The U.S. and other nations have condemned the June 28 coup that forced Zelaya from office, though a U.S. diplomat blasted Zelaya's "irresponsible and foolish" return from exile before a deal was struck to resolve the crisis...