Word: nest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
While a person's house is a nest egg, since it can be borrowed against or sold, the huge appreciation of real estate values in the 1970s tended to lull U.S. homeowners into the belief that they did not need financial savings as well. The roaring bull market of the 1980s has also contributed to that attitude by creating a so-called wealth effect in which stockholders feel rich on paper. The catch is that home values and stock prices can fluctuate, often cruelly, even though their growth seems so dependable during some periods. Says John Godfrey, chief economist...
Attitudes about saving differ strikingly between members of the baby-boom generation and their parents. Barton Goldberg of Delray Beach, Fla., a retired retailing executive, and his wife Rita recall saving a $1,800 nest egg in the 1950s on a salary of only $13,000 while living in New York City and rearing two children. When the family moved to Virginia, where living costs were much less, the Goldbergs were able to save nearly half of Barton's take-home pay. Says their daughter Jane Warden, 34: "My parents were very big bargain hunters. My mother would wait...
...fences. These are the homes of the wealthy landowners and businessmen who pulled most of the strings of power before the military coup of 1979. They shop at U.S.-style malls on the Boulevard de Los Heroes, favor the Mercedes-Benz SL and try to overlook the rat's nest of tin and cardboard huts that besmirches their view of a nearby hillside...
...expenses are spiraling out of reach faster than college costs, which have been increasing about 7% annually. How is a family's nest egg supposed to keep up? A new special-purpose financial institution, the College Savings Bank of Princeton, N.J., is offering a novel solution: a certificate of deposit featuring an interest rate tied to an annual index of higher-education costs. Says Bank Chairman Peter Roberts: "With us, families have shifted the risk ((of rising tuition and inflation)) from the household to the bank." Even if a child skips college, the parents can still cash in the CollegeSure...
...requires. Gerald is there to catch naps, sun and only the occasional fish. Even a sexual strike by Lucy cannot force him to build a decent hut or a productive garden. There is perhaps a parable here, which Roeg does not force: that woman, however liberated, will build a nest, and that man will wander, if only in his mind, no matter how circumscribed...