Word: templeton
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There are many other brand-name funds, including Franklin Templeton, Dreyfus and broker Smith Barney. Always check out a fund's long-term record before you buy. Ask friends about their experiences with specific funds. Pay closer attention to those who have stuck with a fund for at least a few years. The biggest mistakes people make in mutual-fund investing? "Focusing on the short term rather than the long term is one," says Vanguard's Bogle, "and not giving adequate thought to an overall balanced investment program as distinct from randomly picking funds is another...
...developments in religion for more than two decades. "Given the deep passions it stirs, it's a newsmagazine's most treacherous field," says Ostling, who has written or reported 38 TIME cover stories on religious topics and won most of the major religious journalism honors (including the prestigious Templeton Award). Nothing stirs up passions like Bible scholarship, he adds, which makes this week's cover story about Jesus particularly tricky--and timely. "Ignorance among younger Americans is so sweeping," says Ostling, "that our culture is in danger of losing its grasp of the one book in human history that...
...years of covering the religion beat for TIME, Ostling has written or reported on 36 cover stories on religious themes. He has won all six major prizes for religion reporting, including the prestigious Templeton Award. Like Bonfante, he found fresh reasons for optimism about the state of American Catholicism. "I continue to be amazed at the resiliency of this, the largest spiritual community in the world," says Ostling. "What other institution could have survived such turbulence over a generation and survived with loyalties largely intact? Our polling shows the usual wide disagreement with church teachings on hot-button issues...
DIED. JEROME ZIPKIN, 80, social moth; in Manhattan. Loyal, insulting -- often to the same people -- Jerry Zipkin served for half a century as party guest, escort and confidant of socially prominent, financially comfortable women (Betsy Bloomingdale, Pat Buckley). In the '30s his friend Somerset Maugham modeled the snobbish Elliot Templeton of The Razor's Edge on the fashion-obsessed real estate heir. But Zipkin's greatest coup was his relationship with Nancy Reagan. He was with the First Family on the night they captured that title; in the following years, Mrs. Reagan dished and danced with Zipkin so regularly that...
Five others were in serious condition at the same hospital: James Tata, 31, of Fitchburg; John Mead, whose age and address were not known; Cole Lupien, 36, of Templeton; Gary Lusco, 44, of Winchenden; and James McMaster, 18, of Shirley. Tata and McMaster were in the hospital's burn unit...