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...accounts, pay bills on time, own a home (and get the best rates on their mortgage) and switch to credit cards with lower interest payments. That doesn't mean you put a financial adviser on your payroll for life. I'm a big believer in using financial planners as short-term therapists to get you on the right track--then going back to them only when you feel you need additional help. Check out www.fpanet.org the Financial Planning Association website, or www.napfa.org the website of the National Association of Personal Financial Advisors...

Author: /time Magazine | Title: Money: The Taxman Giveth | 4/19/2004 | See Source »

...like Coca-Cola. But the Atlanta soft-drink giant has been facing multinational malfunctions. In February, India's Parliament alleged that Coke's soft drinks contain pesticide residue. (India levied similar charges against PepsiCo.) Meanwhile, U.S. investigators are probing whether the company oversold its product in Japan to pad short-term results--a practice known as channel stuffing. In Britain, the press has been ridiculing Dasani, Coke's purified-water brand. It turns out Dasani does not flow from mountain springs in Switzerland but from the taps of London. And Coke had to recall Dasani from British shelves after discovering...

Author: /time Magazine | Title: World Briefing: Apr 19, 2004 | 4/19/2004 | See Source »

Although both companies have weathered Japan's decade-long economic stagnation, many analysts say that Akira's workmanlike approach has created the more profitable, financially stronger company. "We do not predict the future," Akira says. "We do short-term projects." Inevitably, some sibling rivalry remains. "My brother is more interested in creating a good company with a high valuation than in creating cities," Minoru sniffs...

Author: /time Magazine | Title: Mori: MORI BUILDING/MORI TRUST | 4/19/2004 | See Source »

...fact, raised the gas tax. As a candidate, Governor Bush vowed to lower it, but he has not yet introduced any decrease. Kerry is trying to blame Bush for record-high gas prices, now more than $2 a gallon in California, but a President has limited short-term tools for steering energy markets. The Kerry campaign reached the $24 billion figure by calculating that gas prices have increased about 24¢ since the beginning of the year, and each penny increase results in consumers paying an additional $1 billion a year (a standard Energy Department assumption). Americans would pay $24 billion...

Author: /time Magazine | Title: Campaign '04: Putting It In Context | 4/12/2004 | See Source »

...recover as you come out of recession, like technology and some speculative companies. So we think we are back to normal, but it is a normal we haven't seen since the 1960s. We think inflation stays at 1% to 2% and long-term interest rates stay under 5%. Short-term rates are lower than they should be. I'd be voting to raise them now. The only thing not back is jobs, which always...

Author: /time Magazine | Title: Investing: Riding Global Growth | 4/5/2004 | See Source »

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