Word: worthely
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...have in short-term securities like bank CDs, interest-bearing checking accounts, money-market mutual funds and Treasury bills, the better shape you'll be in to ride out a market slump and invest again when the economy stabilizes. Typically, a decent cash cushion is three to six months' worth of living expenses if you are working and 12 months' worth or more if you are retired. Double the cushion if you can. "Believe me," says William Jordan, president of the Sentinel Group, financial planners in Laguna Hills, Calif., "you will not look back at this period...
...part of the housing bill passed over the summer) that uses up to $300 billion in FHA guarantees to encourage mortgage servicers to move people out of adustable-rate subprime loans into fixed-rate loans with lower face values. And if Treasury owned a few hundred billion dollars worth of mortgage securities, it could put pressure on servicers to renegotiate loans rather than foreclose on them...
...there any chance that any of the bailout money will be recouped? Yes. Mortgage-backed securities are still, you know, backed by mortgages. They're worth something--and in some cases more than what the feds would pay for them...
...real issue is cocaine and heroin.” “That’s what people are going to jail for, that’s what people are dying from,” Brownsberger said, adding that the ballot measure on marijuana is “not worth pursuing.” Supporters of the initiative argue that the current criminal penalties against marijuana cause more damage to users than the drug itself does, and that the initiative will expand civil liberties while saving police money used to combat and incarcerate marijuana users. “Decriminalize...
...didn’t anticipate it to be so much work but it was worth it—it was awesome,” Olinto said...