Word: popular
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Dates: during 1990-1999
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NOWHERE TO HIDE Putting your assets in a trust in banking-friendly nations such as the Cayman Islands is becoming popular. And it can protect assets if you get sued. But foreign trusts do not excuse you from paying taxes. Yet that's exactly the kind of tip you'll get from thousands of websites offering "expert" advice on moving your money offshore. If the site recommends a "pure" or "constitutional" trust, steer clear. Read about this and other traps and scams at www.assetprotectioncorp.com...
Despite all that, the war on social promotion will probably continue, part of a politically popular get-tough approach that emphasizes accountability in schools as the best way to get them in shape. To its credit, Chicago has poured $50 million a year into programs that directly target retainees. But that money could just as well be spent on things like smaller classes, individual tutoring and improved teacher training without also flunking massive numbers. "Retaining students," Chicago education researcher Suzanne Davenport says, "is a blame-the-victim solution." But it will last as long as politicians continue to believe they...
Unfortunately for the industry, one of the most popular ideas, at least for now, is to have practically no manager at all. Nearly one out of every five new investment dollars is now going into low-cost index funds, which automatically mirror the performance of benchmarks like the Standard & Poor's 500. Already this year $18 billion has flooded into Vanguard, the behemoth that pioneered the practice. Says John Rekenthaler of funds researcher Morningstar. "Indexing is an ongoing challenge that most of the competition is not facing...
Tarzan is a movie to restore a proud tradition of popular art. And it gives the Disney company something to yell about. From the treetops, in triumph...
...perform as advertised. As if that were not bad enough, they also found evidence that using androstenedione might actually make men's breasts bigger and increase their risk of heart disease. Though the studies are not conclusive, they remind us how little is known about many of the most popular dietary supplements...