Word: plunks
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...rein in its ambitions. Instead of making splashy investments in the U.S. and Europe, the fund is now looking closer to home. It recently bought into Central Huijin Investment Co., a government agency with stakes in several of China's biggest state-run banks and brokerages, and will reportedly plunk an additional $66 billion into the Agricultural Bank of China. To the extent that CIC looks for investments abroad, its chairman, Lou Jiwei, said in a late-November speech, it will stick to index funds--equities linked to the performance of entire markets, not individual companies...
...rein in its ambitions. Instead of splashy investments in the U.S. and Europe, the fund is now looking closer to home. It recently invested in Central Huijin Investment Co., a government agency with stakes in several of China's biggest state-run banks and brokerages, and will reportedly plunk another $66 billion into Agricultural Bank of China. To the extent CIC looks for investments abroad, its Chairman Lou Jiwei said in a late November speech, it will stick to index funds - equities linked to the performance of entire markets, not individual companies...
...Plunk yourself down in a small plastic kayak with nothing but a paddle, and you might think you'll need Hulk-like strength to do anything more than bob gently downstream. But that's a myth that Anna Levesque, 33, is helping to debunk. A professional white-water kayaker and instructor based in Asheville, N.C., she says, "Kayaking isn't about strength; it's about finesse." And once you get the hang of it, "you get a real sense of accomplishment," she continues. "You are the master of your craft...
Automatic checking account withdrawals are used by some churches, and more recently, ATM-like kiosks are now available in many church corridors and lobbies, where parishioners can swipe a card and receive a printed receipt, which they can either save for the IRS or plunk into the collection basket with a flourish, so pew mates will know they're not spiritual freeloaders...
...least cleaning my plate on behalf of all those starving children in Africa. But I can’t even manage that: Every time I open the refrigerator, out tumbles another Tupperware tub full of leftovers. How can I justify that kind of overabundance, that heavy plunk of plastic hitting the kitchen floor? Am I allowed a carefree and extravagant and totally unconstructive summer for myself—what a sympathetic (and perhaps enabling?) friend deems, a “season of grace?...