Word: safe
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Dates: during 2000-2009
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Even a disciplined approach, though, allows wiggle room to get more or less aggressive. Right now it pays to play things safe, says Richard Bernstein, chief investment strategist at Merrill Lynch: "There is nothing wrong with cash." Yet be warned: yields on money-market funds and bank CDs are low and going lower. Don't plan on holding lots of cash for more than six months. One good option, says Bernstein, is Treasury bonds, which on a total-return basis have outperformed stocks in five of the past eight years--a first since the Depression. He believes that trend will...
Investor Wilbur Ross called attention to the "relatively unparalleled" values in the muni-bond market in March, when he revealed a $1 billion position. Muni yields almost never beat Treasury yields because both are considered safe, but the income from munis is tax exempt. That anomaly occurred earlier this year, and even though some order has been restored, muni yields remain historically high. "These aren't as safe as cash," says Mark Soehn, managing director at Financial Solutions Advisory Group in Chicago. "But the risk is well worth it." He recently put his clients into the BlackRock International Municipal closed...
...tension between tradition and the future remains as fraught as ever. Even though she has avidly researched her past, Yalini’s future remains undetermined by it. Speaking of her parents’ feelings towards her own generation, she says, “We are not quite safe, and they would like to see the matter settled: we leave them with queasy stomachs and unsettled Hearts. But although we are the children of our parents, we have entered other countries in which the rules of Marriage—Love Marriage, Arranged Marriage, and all that lies in between?...
...complicated. Such proximity implicates not only the gun owners, but also their roommates, neighbors, and friends by possessing a firearm. While a gun owner might be a completely responsible, law-abiding citizen, those around him may not share the same moderation or restraint, and the lack of a secure, safe space on campus results in a potential risk to all. Having a weapon on campus is a social contract with those who share living space—without the consent of one party, no such contract can be legitimate...
When it comes down to it, universities are supposed to be a safe haven were students can, for at least four years of their lives, study and grow without worrying about the peril of the outside world. Guns on campus, however, bring that very danger into the midst of a student’s living environment. In the aftermath of great terror like the Virginia Tech massacre, not only is heightened fear expected, but so too is the potential for hatred and vigilante retribution. Rather than succumb to such emotions, we can instead respect the memory of the dead...