Word: poore
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...already be so well diversified that you need not make many adjustments. A disciplined investment approach through good times and bad is ever the best policy. Trying to time the stock market is especially futile. In the 20 years through 2006, the Standard & Poor's 500 returned an average annual 11.8%, but the typical stock-fund investor earned only 4.3%, according to a study by research firm Dalbar. Fund fees play a role in that gap. But investors' errant attempts to move in and out of stocks at lows and highs are mostly to blame...
...Branson and his team actually seem to have hope for air travel in the U.S., where poor service and perpetual bankruptcies have turned the industry into a sick national joke. Customer complaints soared 60% last year, a number that will surely get a boost from the 300,000 passengers who endured the abrupt cancellation in early April of nearly 3,300 American Airlines flights for inspections; there may be more at other airlines this summer. Crushed by high fuel prices, four airlines have declared bankruptcy since March...
...this so-called third-Way economics is amplified in Michael Reid's Forgotten Continent: The Battle for Latin America's Soul (Yale University Press; 400 pages). Reid, editor of the Americas section of the Economist, concedes that Latin America's chronic ills, especially its inequality between rich and poor, are among the world's worst. But his comparison of past and present yields a more sanguine picture: the region is "one of the world's most important testing laboratories for the viability of democratic capitalism as a global project." Reid insists that Latin America's democratic and capitalist reforms...
...think we have tried to take each freshman on his or her own terms—male or female, white or person of color, heterosexual or gay, rich or poor...
...behind the show, those episodes can’t have come cheap. Yet Fox was content to air the show only on Friday nights (its support: reruns of the execrable “’Til Death”), then stomp it out as soon as it got poor ratings. Last I tuned in, no one watches network television on Friday nights. Either Fox is letting seven-year-olds program its schedule, or “Jezebel James” was dead in the water before it even got a chance. And that’s a waste...