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However, there are some disadvantages to this plan. The investment vehicle is strictly limited to college expenses. One cannot have a 529 plan to take spring break trips to Cancun or purchase expensive shopping items in order to be as trendy as their peers. The fund is strictly there to provide access to higher education for those who would not necessarily be able to afford...

Author: By Patrick Jean Baptiste | Title: Investing in the Future | 3/24/2010 | See Source »

...herein lay the problem of most scholarships. A grant and scholarship exists to provide an education using a fixed amount of money. An education is an investment and so is a high school graduate. If we take a high school graduate, the money we put into his education, and the school he attends all as investment vehicles, then scholarships should be turned into college savings plans that pump an initial volume of funds into a portfolio that is guaranteed to bring a positive return...

Author: By Patrick Jean Baptiste | Title: Investing in the Future | 3/24/2010 | See Source »

...Beijing, echoing a common sentiment. But at the same time, Chinese authorities must be hoping that the dispute can be contained. After all, with a mere 2% of its $26 billion in revenue derived from China's search business, Google is one of the few multinationals that can take a principled stand...

Author: /time Magazine | Title: Is Google the Omen of a U.S.-China Trade War? | 3/23/2010 | See Source »

...doesn't, the U.S. Congress, already threatening new tariffs against Chinese imports, will be furious. One hopeful sign: a U.S. Treasury team was recently in Beijing, no doubt talking about exactly this subject. Politics is rearing its head on both sides of the Pacific these days. And it may take an optimist on the scale of a Sergey Brin to think that anything good will come...

Author: /time Magazine | Title: Is Google the Omen of a U.S.-China Trade War? | 3/23/2010 | See Source »

...Leger says she would take any honest work, like sweeping the streets, to support herself and her 6-year-old daughter. And securing jobs for the hundreds of thousands of unemployed is a long-term goal for the Clinton Bush Haiti Fund. But St. Leger is skeptical when asked about the estimated $2.2 billion reportedly spent in postearthquake Haiti - with about $780 million spent by USAID and Department of Defense humanitarian aid. "If they've spent billions of dollars," she says, "I haven't seen it. We are living here day to day. We are bathing in dirt when...

Author: /time Magazine | Title: Haiti: A Visit from Two American Presidents | 3/23/2010 | See Source »

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