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...people that age who have no stock options whatsoever. Some of them, in fact, have no stock. Given all we read about 28-year-old Internet executives whose holdings were cut by recent stock dips to only about $40 million, or investment bankers who now feel they have a nest egg large enough to allow them to ease into retirement at 27, or 30-year-old writers who wandered onto the staff of the right sitcom while waiting for the first novel to jell and have now been able to purchase a small publishing house, I just thought...

Author: /time Magazine | Title: The Young and the Debtless | 9/6/1999 | See Source »

...FUTURES Worried your nest egg won't be big enough? A free online service will forecast the long-term value of your 401(k). After years of consulting for big pension funds, Nobel-prizewinning economist Bill Sharpe packaged his simulation software into the easy-to-use www.financialengines.com If you want to pay $14.95 a quarter, the service will advise you on how to improve your asset allocation. Compare its forecasts with ones from www.fplanauditors.com which uses historical data to evaluate all your assets...

Author: /time Magazine | Title: Your Money: Aug. 23, 1999 | 8/23/1999 | See Source »

...nest of gamblers, Wall Street can take a while to place its bets. But when it does... Nearly a full week after a tame inflation report made it apparent that the Fed would raise rates once, and just once, when it meets this Tuesday, the markets finally got used to the idea on Monday. The Dow came charging out of the gate to steam up more than 130 points, and after a midafternoon lull sprinted through the tape at 199.15 ? well into record territory. And all this on the eve of a rate hike? Welcome to the "discount" rally...

Author: /time Magazine | Title: Cocky Market Crows In Record Results | 8/23/1999 | See Source »

...used to having the last laugh in this party, was not having much fun. In his speech he never mentioned Ventura. And he and Gargan, once friendly, haven't spoken in years. Gargan intends to move party headquarters away from Perot's home roost of Dallas to Gargan's nest in Florida's Cedar Key. He and patron Ventura made clear they're not interested in a third Perot run for the presidency. "We are going in a whole new direction," Gargan said...

Author: /time Magazine | Title: The Ventura Way: If It Isn't Fun, I Quit | 8/9/1999 | See Source »

...want to invest in any other candidates until they saw what young George was going to do. Michigan Governor John Engler, meanwhile, was recruiting a mighty power base among the nation's G.O.P. Governors, the only Republicans who got away with their shirts after the 1998 elections. From his nest down in Austin, campaign guru Karl Rove lured moneymen and operatives from every important state into a Virtual Smoke-Filled Room built out of calls and faxes and 300 e-mails a day. And all the while, Prince George stayed home, breaking all the rules of politics and inventing...

Author: /time Magazine | Title: Who Chose George Bush? | 6/21/1999 | See Source »

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