Word: nested
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...seen a 50% increase in people looking to [start a business]," says Mitch Free, an angel investor and chief executive of MFG.com, a company that matches up businesses with manufacturers who can produce a company's products. "Once they've been pushed out of the nest, they're going...
...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...
...Hong Kong last week, Metallurgical Corporation of China, a steel mill builder that helped construct Beijing's famed Bird's Nest Olympics stadium, stunned the stock market when it ended its first trading day 12% below its initial public offering price. The following day, an IPO by China Lilang, owner of the country's largest brand of men's clothing, also flopped, ending the day down nearly 1%. To think that less than three months ago, even lightweights like herbal shampoo manufacturer Bawang and furniture maker Hing Lee debuted with double-digit first-day gains...
...McCammack is the owner of two dogs, a Doxon named Tippy and a Basset Hound named Buddy, both of whom nest in his living room. Though McCammack says that though his students seem to enjoy the presence of the dogs, he generally keeps them tucked behind the safety of a baby gate. He also took the precautionary measures of making sure that none of his students had dog allergies...
Either way, parents shouldn't get too used to the echoing hallways, since the recession often means an empty nest won't stay empty for long. And when adult children come home to roost, says Cheryl Pickford, 54, who recently completed an empty-nest workshop in Adrian, Mich., "it's a totally different ball game." Boundaries rule. "If you're not good at saying no," says Caine, "gear...