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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 16, 2003
Page
43
A Greek restaurant owner contrasts profits with life investments and explains that true profit includes education, family success, vacations, and health. The piece urges counting blessings, planning enjoyable home activities, and seeking counseling to improve life satisfaction. It ends with a mailing address for Susan Bondy in The Gazette.
The seven day average yield on money market mutual funds declined to 0.52 percent for the week ended Tuesday from 0.53 percent. 30 day yields fell to 0.52 percent while the average portfolio maturity rose to 58 days.
Health insurers and employers push consumer driven plans with high deductibles to curb costs. Jan Dodson, a Fort Worth worker, joined in 2001 and pays 68 dollars every two weeks from a health spending account. Critics warn plans may raise burdens on low income and chronically ill patients while encouraging care avoidance.
Retirees face subpar earnings from CDs and government bonds as inflation outpaces returns. Some seek longer term or riskier bets, including municipal bonds or mortgage backed securities. Experts urge patience but advise possibilities like annuities to beat inflation.
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