Word: longer-term
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...scale compared with 7.4 for the recent Turkish disaster ? the destruction was limited by the enforcement of strict building codes, some of them modeled after those in California. Still, a death toll of over 1,800 is high for a natural disaster in an industrialized country, and may provoke longer-term questions about patterns of development. "Natural disasters worldwide have increased eightfold since the 1970s, but there?s been very little concern for environmental issues in the rush to make money," says TIME correspondent William Dowell. "Events such as the Taiwan quake may prompt governments to think beyond the narrow...
...whose lending and other businesses tend to slow. You also want to avoid highly speculative (read Internet) companies with little or no earnings. Even steady growth stocks like food and beverages tend to lag as their earnings cheapen in an inflationary climate. Fixed-income investors should avoid longer-term securities because prices fall as rates rise, and if you have to sell before a bond matures, you could lose money...
...there is a longer-term takeaway that is much more important for you to understand. So much of the do-it-yourself financial revolution that has gripped this country is incredibly positive. The combination of cheap commissions and readily available information has empowered individuals to take better care of their finances, in many cases, than a broker or adviser ever could...
...half as much as a bypass operation, which can run $40,000 or more. Gene therapy has no fixed price yet, although it is expected to cost significantly less than bypass surgery. There's no argument that laser therapy provides short-term relief for severe angina. Some studies suggest longer-term benefits. One found that almost three years after tmr, patients who had the worst form of angina (class IV, the kind that wakes you up at night) could maintain on average class I or II (pain with exertion only...
Besides using the money to fund student groups or "immediate gratification" events, students should consider putting the funds toward longer-term projects that the College has been unwilling to devote its own funds--things like the renovation of the embarassingly out-of-date Malkin Athletic Center. And although $40,000 is peanuts given the cost of constructing a new, real student center, a donation to the cause would be a symbolic step that would certainly get the attention of Dean of Students Archie C. Epps III, who has voiced support for constructing a "College Hall" on the site...