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...sound of revelation is everywhere: in living rooms where investment clubs meet, the ones that still bother to meet, anyway; on the cell phones of the flat-busted, way-cool crowd, which stopped day trading months ago; and in the hallways of mutual-fund companies where hotshots are trying to make sense of something they were never programmed to comprehend. So this is a bear market, they sigh...

Author: /time Magazine | Title: It's Generation B | 3/12/2001 | See Source »

STAYING POWER The grass is always greener in the other mutual fund, and investors are jumping funds 47% faster than they did four years ago. The average holding period is down from 5.5 years to 2.9. In the '90s, performance chasers poured $91 billion into funds after they peaked. Result: bad. Leapfroggers paid a 20% penalty in performance, says a recent study...

Author: /time Magazine | Title: In Brief: Mar. 12, 2001 | 3/12/2001 | See Source »

...taxed at the child's low rate. But this jacks up the amount of money a family is required to pay for tuition, because a child's income is weighted more heavily than a parent's assets. Families in lower tax brackets might be better off with ordinary mutual funds...

Author: /time Magazine | Title: In Brief: Mar. 12, 2001 | 3/12/2001 | See Source »

...bracket 28% tax bracket 529 plan Mutual fund 529 plan Mutual fund...

Author: /time Magazine | Title: In Brief: Mar. 12, 2001 | 3/12/2001 | See Source »

...example, every time you have a conversation with a friend, you are exchanging conversational "services" for an important but immeasurable kind of mutual benefit. You expend some time and effort because you place more value on the joys of friendship than you place on the resultant time and energy lost. Similarly, in each and every case, those who exchange goods and services value the things they are receiving more than they value the things they are giving up. As a result, all parties are enriched as different kinds of property flow from those who value them less to those...

Author: By Stephen R. Piraino, | Title: Free Trade's Next Frontier | 3/6/2001 | See Source »

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