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Harvard may tout itself as a breeding ground for independence, but coping with mental health is not effective as an exercise in self-reliance...
Mutual funds run by managers tout their stock-picking prowess. But over the past 12 months, only 40% beat the returns of funds pegged to broad market indexes. And the index funds offer lower fees and taxes. Little wonder they're growing far faster. Consider funds like the Vanguard Index Total Stock Market, pegged to the Wilshire 5000 index. It's less volatile than the S&P 500, and its stocks are not so richly priced...
There are plenty of risks for investors in this brave new e-world. So-called boiler-room operators who tout highly speculative or fraudulent stocks in order to unload them at a profit--pump and dump in the parlance--can reach vast audiences through chat rooms and bulletin boards. The Securities and Exchange Commission has been flashing red lights, bringing--and winning--40 complaints alleging scams against stock promoters since 1996. (The rule here: if it sounds like too much of a good deal, it probably is. The agency has a cyberspace alert on its website: www.sec.gov...
Below is our tout sheet, based on watching trailers, listening to sages and making stuff up. Fact is, no one knows what works. Barry Sonnenfeld, director of last year's gigantic Men in Black, says he's in the dark. He is sure of only one thing: the blockbuster of summer '99 will be an update of '60s TV's The Wild, Wild West. Starring Will Smith. Directed by Barry Sonnenfeld...
...year a third of Philip Morris' $72 billion in revenues came from selling cigarettes abroad--712 billion of them. "The West got the Russians out and the Marlboro Man in," sighs Witold Zatonski, a leader in Poland's anti-smoking crusade. In Warsaw's streets, signs for L&M tout the "American way." Joe Camel, banned in Boston, boogies in Buenos Aires; the Marlboro Man rides on in Taiwan. One target of overseas advertising: women, who represent only 5% of the world's smokers...