Word: mckinnon
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...economy, but he knows from his father's experience that politicians who don't appear to take voters' pocketbook fears seriously pay for their callousness at the polls. "This President is acutely aware of the impact of the economy, both on regular Americans and on Presidents," says Mark McKinnon, a campaign 2000 veteran who still advises Bush. "Americans fundamentally understand a President can't move the markets, but they want to be assured that he cares about it and is doing...
...economy, but he knows from his father's experience that politicians who don't appear to take voters' pocketbook fears seriously pay for their callousness at the polls. "This President is acutely aware of the impact of the economy, both on regular Americans and on Presidents," says Mark McKinnon, a campaign 2000 veteran who still advises Bush. "Americans fundamentally understand a President can't move the markets, but they want to be assured that he cares about it and is doing...
...money back down the road. So bonds, unlike stocks, almost never go to zero, making them the ultimate trust-no-one investment. What's more, they can provide ballast for a sinking stock portfolio. "Bonds have actually outperformed stocks over the last five years," points out portfolio manager Ian McKinnon of the Vanguard Group. While stocks have gained 6.1% annually over that period (and lost a ton lately), bonds have earned better than 7% per year...
...taxable account, municipal bonds look good right now, says Vanguard's McKinnon. Low-cost muni funds are available from Vanguard, as well as from Fidelity, T. Rowe Price and USAA, with yields of 3% to 4%, tax free. McKinnon also likes REIT funds, which invest not in bonds but in the income-rich shares of real estate investment trusts. Vanguard's REIT fund yielded 5.3% last year; another economical choice, Cohen & Steers Realty Shares, yields...
...with another member of the press corps. "I predict that you...will have a relationship that goes beyond hand holding," he says of the fling. Bush never leaves PG-13 territory, but that has not kept the White House from fretting about the movie. Former campaign media adviser Mark McKinnon persuaded Pelosi to show him a copy. Afterward, he sent White House counselor Karen Hughes an e-mail saying there was no great damage. Late-night comedians and columnists are likely to have a different view, though, using the video to open up a new season of poking...