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ETFs have distinct advantages over open-end stock funds. They tend to be widely diversified, and investors can get a daily view of what's in the fund. The annual management fee is low, and ETFs are tax efficient because the stocks within them seldom change and their unusual structure ensures that holders rarely if ever get socked with a capital-gains distribution. You can even sell an etf short (bet on the price to fall). There are disadvantages, like trading commissions that can quickly erode the benefits of ETFs, which for that reason make no sense for investors...
...Administration hawks, however, don't agree - and not simply because they see the Israeli-Palestinian conflict as a dangerous distraction from what they consider the priority of getting rid of Saddam Hussein (the Old Guard tend to see Iraq as secondary to the war on al-Qaeda, and in some cases, to securing peace between Israel and its neighbors). Underlying the dispute are different views of how to conduct U.S. foreign policy in the Middle East in general, and in the Israeli-Palestinian context in particular. It's not coincidental that Vice President Cheney, Defense Secretary Rumsfeld and other strong...
...Israel's 1967 borders, creating a Palestinian state in the West Bank and Gaza. The view associated with Cheney, Rumsfeld and others is skeptical about the wisdom of Israel ceding the West Bank, suggesting that the territory remains indispensable to the country's ability to defend itself. They tend to see the continuation of a low-intensity war between Israel and the Palestinians as representing little threat to U.S. interests or regional stability, and like Sharon and Bibi Netanyahu, the Bush administration hawks tend to reject the very premise of the Oslo Accords. They have persuaded President Bush to adopt...
...Siegel wanted to bring US Airways out of debt without bankruptcy. But TPG, while encouraged by union concessions, was adamant that the airline undergo a thorough restructuring in the courts to write off debt. Texas Pacific is content to wait and work at turning around the airline. "We tend to like complex things. We're problem solvers," says Coulter...
...most part, SAHD homes are the same as other households, except that Dad--not Mom or another caregiver--oversees the home front. There are, however, a few differences. Once they get home, female partners tend to do an equal share of the housework and cooking, unlike male partners in traditional households, who leave most of those tasks to their wives. And dads' management styles can appear testosterone driven. Building inspector Larry Picarello recalls moms in the neighborhood "freaking out" when they came over and found his two boys, Forest, 10, and Luke, 8, climbing ladders and scaffolding on the site...