Word: yielding
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Dates: during 1990-1999
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...homosexuality, the message of Christianity is as St. Augustine described: "With love for mankind and hatred of sins." Had Mr. Araujo a true understanding of the religion he so belittles, he'd see how Christians can reject some of the harshness of the Old Testament and still refuse to yield on this issue of gay "rights." The sanctity of marriage is not something Christians can toss aside in an effort to conform to a shallow, PC understanding of Christian love and tolerance. BRONWEN C. MCSHEA...
...another--and leading people there--ever since the love-bead days when he edited the Whole Earth Review. In this short, trenchant book, he explains how the networked economy is turning old economics upside down: the more plentiful things are, the more valuable they become; dumb parts, when connected, yield smart results; and if you really want a business to grow, give away your product free. Fun reading--even if you aren't trying to figure out how to survive online...
...early bird catches the worm, and in this case, rising early on a Saturday will yield its own rewards. Tickets for Billy Joel's concert at the Fleet Center on December 3rd go on sale at 10 a.m. Though they'll cost a pretty penny, who wouldn't put their last dollar down to hear a live rendition of "We Didn't Start the Fire" from the Piano Man himself? Call 931-2000 for ticket information...
...this summer's shake-out among hedge funds (big buyers of junk paper), coupled with a belief in an imminent recession, has widened the spread between high-yield and government bonds to extraordinary levels. Speculative bonds now yield almost double what you get on risk-free Treasury bonds--a remarkable opportunity...
Here you, the individual investor, have the edge on me, the professional money manager. Buying the high-yield bonds of individual companies, as I would have to do, would leave me vulnerable to the junk market's current illiquidity (expressed as the large gap between the price at which you can buy and sell the same bond). But you can buy shares in a diversified junk-bond mutual fund with a good record, such as Fidelity High Income or Vanguard High-Yield Corporate Portfolio. You'll get a high yield and the potential for capital gains when the market steadies...