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...that you have avoided joining the stampede of writers to New York? Did you ever consider that? Yes, but I really just like being home. I'm a huge homebody and I just love it here. New York is great to visit, but I just would never dream of moving anywhere. Anywhere. If it weren't for book tours, I would never leave my house...
...Instead, Strumeyer believes investors should compare muni yields to those of high-quality corporate bonds. Recently, Vanguard's Term Tax Exempt fund, a huge muni fund with $21 billion in assets, had an implied yield of about 3%, according to Regent Atlantic's Cordaro. A similar corporate bond fund, BlackRock Intermediate Bond II, had yield of 8.5%. Even assuming a 35% tax bracket, the corporate bond fund is yielding nearly double the muni fund...
When the good news broke, Richard Phillips' ship, the Maersk Alabama, blew its horn three times in celebration from where it was docked in the Kenyan port of Mombasa. The crew also set off a red flare and unfurled a huge American flag at the top of the boat. Phillips, the Alabama's captain, had been rescued after nearly five days of captivity in a rescue operation in which three of the four Somali pirates holding him on a lifeboat were killed. The fourth was captured...
...Mexico City residents currently heed such advice. Keen on long showers and washing their cars, homes and clothes well, the average Mexico City resident uses 300 liters of waters per day compared to 180 per day in some European cities, says Arreguin. Furthermore, on Easter Saturdays, residents traditionally have huge water fights, in which everyone from grandparents to young children join in hurling bucket loads over each other. Piet Klop, an investigator at the Washington-based environmental think tank World Resources Institute, says that people will not learn to ration water unless it hits their pockets. "We need to understand...
...Agriculture estimates that livestock contribute 5.3% to total GDP, up from 4.8% during 1980-81. But, says K.K. Singhal, head of dairy cattle nutrition at the National Dairy Research Institute in Karnal in northern India, "while livestock plays a crucial role in the economy, global warming is becoming a huge worry. We're trying to find indigenous solutions, because our realities are very different from the West." (See 10 things you should know about the world's cheapest car, India's Nano...