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...Earlier this year, mutual-fund company T. Rowe Price tried to determine the optimum retiree portfolio - the mix of stocks and bonds that would produce the highest returns without the risk of the nest egg running out. To do this, the analysts ran something called a Monte Carlo simulation, which mimics the real-life ups and downs of the market. Most of the time, the market goes up slightly. But some years - ka-pow! - stocks and bonds do spectacularly poorly. What T. Rowe Price found should frustrate anyone who has spent time wondering if 25% of a portfolio should...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...Persian or Siamese in the coastal enclave can be traced back to him and his neatly kept log book. But his business is also a story of unlikely survival. While pet food is not among the items blocked by the Israelis from entering Gaza, it is expensive getting Meow Mix into the territory. Gazans must improvise on pet food. "These goods are luxury items," he says, standing before a wall of mostly empty fish tanks. "People need political and financial stability before they can afford to buy a cat, a fish tank, or even a bird." (Read about entering Gaza...

Author: /time Magazine | Title: Raising Cats in Gaza: A Pet Store Owner's Lament | 10/7/2009 | See Source »

...Plenty of people in the U.S. could make the same observation. Nationwide, 10% of shopping-center stores sit empty, according to the real estate analytics firm Reis. That's the highest percentage of vacancies since 1992 - what you get when you mix a bad recession with a commercial real estate bust (thanks to years of overzealous building). (See pictures of Americans in their homes...

Author: /time Magazine | Title: The 'Vacancy' Blight: Finding New Uses for Empty Stores | 10/3/2009 | See Source »

...author Gabriel García Márquez its prize in 1982 in part to affirm the global influence of Latin America's magical realist tradition. Now, giving Rio the Olympics sends a strong signal to the rest of the developing world that the Brazilian model - the post-ideological mix of orthodox market economics and progressive social policy championed by Lula - is the one to follow. "The IOC decision is an embrace of Brazil's practical way of doing things the past two decades," says Paulo Sotero, director of the Brazil Institute at the Woodrow Wilson Center in Washington...

Author: /time Magazine | Title: Olympic Dreams Realized, Brazil Takes the Spotlight | 10/3/2009 | See Source »

...Manhunt Triacetone triperoxide (TATP) is a notoriously unstable chemical compound known among Palestinian militants as umm shaitan, or the mother of Satan. Many would-be bombmakers have suffered severe burns while trying to mix the explosive in makeshift laboratories. For terrorist groups, however, the risks of TATP are outweighed by the advantages. The white, sugarlike powder is lightweight and nearly odorless (the better to evade bomb-sniffing dogs) and contains no nitrogen (foiling scanners that detect nitrogenous bombs). Its basic ingredients - acetone, hydrogen peroxide and acid - are readily available in beauty supplies and home-improvement products. Al-Qaeda operatives have...

Author: /time Magazine | Title: An Enemy Within: The Making of Najibullah Zazi | 10/1/2009 | See Source »

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