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...years. That trounces the S&P 500's 18% gain. A dip in stocks worldwide this spring shook emerging markets the hardest--India dropped 29%, Egypt 37%--but even that falloff didn't dampen the enthusiasm more than temporarily. According to AMG Data Services, money moved into emerging-market mutual funds and ETFs at the rate of $3 billion to $5 billion a month in the quarter leading up to the correction. Those funds lost money in the May and June swoon, but by the beginning of August, they were again taking in hundreds of millions of dollars a week...

Author: /time Magazine | Title: global investing: The Allure of Over There | 8/20/2006 | See Source »

Income annuities should not be confused with variable annuities. Variable annuities let you save tax deferred through standard mutual funds and may offer certain guarantees (like a minimum return). But they often have high expenses and commissions. Immediate-fixed annuities are simple, low-cost products that let you plunk down a pot of money and get a secure monthly income for life (or some other designated period...

Author: /time Magazine | Title: Income to Count On | 8/13/2006 | See Source »

...meet at at a mutual friend's wedding, where she is a late-starting bridesmaid and he's a bemused onlooker. It quickly becomes apparent that they share a past and a little less quickly we learn that, yes, they were once married. Not long after we discover that neither has any particular objection to a roll in the hay, just for old time's sake and just so long as its over and done with before she has to catch her early morning flight home...

Author: /time Magazine | Title: A Split-Screen View of Love | 8/11/2006 | See Source »

Masters makes the most of her exclusive access, detailing the battles that Spitzer has fought over the past seven years, which range from crackdowns on pollution and gun violence to suits against banks and mutual funds companies...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Masters Delivers in Spitzer Biography | 8/11/2006 | See Source »

Already, U.S. officials are finding it hard to keep up the optimistic spin. Shi'ite and Sunni politicians may now sit together, but their mutual hostility is undiminished, undermining the government--and al-Maliki can only look on helplessly. A political lightweight and compromise candidate, the Prime Minister doesn't have the clout to bash heads, much less deliver on his promises to pursue insurgents with "no mercy" and crush the militias "with an iron fist." As the politicians continue to bicker, the big tent is looking shaky; there were calls last week for several ministers--including the Interior chief...

Author: /time Magazine | Title: Life In Hell: A Baghdad Diary | 8/6/2006 | See Source »

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