Word: barred
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...Tharp's mother, an accomplished pianist, had put her precocious daughter through the usual cultural paces--lessons in ballet and tap as well as several musical instruments--but the family movie palace is where Tharp got her first real feel for an audience. She'd work at the snack bar and sit in a junked car way up front to watch the movies--westerns, musicals, horror-film fright fests on Friday the 13th. Whenever a plot started to drag, Tharp would have to hurry back to the concession stand. "I learned about pacing," she says. "Suddenly the movie gets...
Every year, millions of business owners agree to put their personal assets on the line. "Even a business with a solid balance sheet may be required to have a personal guarantee," says Therese Franzén, an Atlanta lawyer and chair of the American Bar Association's consumer-financial-services committee. The hope, of course, is that your business will thrive and you'll pay down the loan just as you would a mortgage.(See how to plan for retirement...
...also have plenty of options, including a new infinity pool parked in front of the casual Pool Grille, which specializes in fresh octopus and parrot-fish seviche. There's also the palapa-dotted Jumby Bay Beach - brilliant white sand, turquoise water teeming with crimson-colored starfish and a cabana bar that makes a mean piña colada...
...their savings. Just 34 years out of the chaos of the Cultural Revolution, and less than 15 years down the road from a nasty bout of inflation - consumer prices rose a staggering 21% in 1994 - the Chinese regard real estate as vital security (what Tsinghua's Chovanec calls the "bar of gold" syndrome). Yang says he hasn't even tried to rent out two of his three apartments because "it's not that important to gain income from them; there is security in just owning them. They are paid for, and I know that if I ever get into...
...offering less than 1% return on a standard savings account - and China has only just begun to open the door to its citizens being able to invest legally abroad. For most savers, that leaves real estate or the stock market - and if an apartment is the equivalent of a bar of gold, the stock market is the equivalent of a casino. Generally speaking, the Chinese love to gamble, but they love their bars of gold more. (Read "Five Things the U.S. Can Learn from China...