Word: pros
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...even the pros can consistently pick the market's tops and bottoms. That's why individual investors are well served by a disciplined approach: investing a certain amount each month, perhaps in a broad-based index fund like the Wilshire 5000. Such dollar-cost averaging ensures that you'll buy more shares when prices are relatively low. And there's also no better time to start a regular investing program...
...grim news: Gritta predicts the buyouts will provide a few benefits to consumers in the form of "seamless international travel and more frequent flyer miles." But, he warns, the cons will far outweigh the pros in the long run. "And just try using any of those frequent flyer miles," Gritta says...
...picture? More Republican retreads and old pros, and plenty of low profiles. Of course, most Cabinet members slip into obscurity by the time the new term gets underway, but Bush seems determined to avoid any controversies he can in the meantime. Next week: labor secretary, energy secretary, transportation secretary, UN representative, and most of the rest of the White House staff...
Leave it to George W. Bush and his fondness for old Republican pros to finally fill his vacancy at defense secretary ... with a former defense secretary, Donald Rumsfeld...
...essence, rubbing it in the face." Echoes David Falk, who represents Michael Jordan: "The public has no taste for listening to people complain publicly about their worth, and frankly neither do I. I applaud [Tiger] for his stance. I just think the stance should be taken privately." Some golf pros are also happy that Tiger is taking on the PGA, which they perceive to be haughty in its treatment of the talent...