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...analysts ran something called a Monte Carlo simulation, which mimics the real-life ups and downs of the market. Most of the time, the market goes up slightly. But some years - ka-pow! - stocks and bonds do spectacularly poorly. What T. Rowe Price found should frustrate anyone who has spent time wondering if 25% of a portfolio should be in international bonds or small-cap stocks. No portfolio is 100% safe from disaster. (See pictures of the stock market crash...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...studies Computer Science at the GSAS, spent four years at the University of Pennsylvania, a campus with a higher incidence of robberies than Harvard, according to statistics from the U.S. Department of Education...

Author: By Damilare K Sonoiki, CONTRIBUTING WRITER | Title: Grad Student Mugged In Porter Square | 10/9/2009 | See Source »

Nevertheless, Menino appears to be taking Flaherty’s challenge seriously. According to a story in The Globe on Tuesday, Menino has spent $1.7 million on his reelection bid—on track for the most expensive mayoral campaign in City history...

Author: By Michelle L. Quach and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Menino Faces Call For Reform | 10/9/2009 | See Source »

Indonesians will have to wait a little longer to see U.S. President Barack Obama indulge in a bowl of bakso - a kind of Indonesian meatball soup - and visit the neighborhoods in Jakarta where he spent time as a young boy. Anticipation of visit from Obama after he attends an Asia Pacific Economic Cooperation (APEC) summit in Singapore in November was high until the Indonesian press got wind of his decision to reschedule the trip until sometime next year. "Many people will be disappointed but I think they understand that he has a lot on his plate back home," says Dennis...

Author: /time Magazine | Title: Indonesia Will Wait Longer for Obama | 10/9/2009 | See Source »

...ller was born in 1953 in the village of Nitzkydorf, Romania. Europe's agonizing political history was already in her DNA: her father had served in the Waffen SS, the crack combat troops of the Nazi Party, and after the war her mother spent five years in a Soviet work camp. Müller was a member of Romania's German-speaking minority - almost no one in Nitzkydorf spoke anything else. This paradoxical sense that even in her homeland, she was in exile, would have a profound effect on her work...

Author: /time Magazine | Title: German Writer Herta Müller: Another Nobel Surprise | 10/8/2009 | See Source »

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