Age and risk in investing through life’s lens
The piece argues that age shapes risk tolerance in investing and that life stage, family duties, and need for emergency funds drive conservative choices with retirement in sight. It notes youth favors risk for growth while approaching retirement emphasizes preservation, highlighting gradual shifts in financial strategy. It defines Speculation as employment of funds with risk and warns safety of principal becomes secondary.
MENTIONED IN THIS ARTICLE
Bob Upton
Keith Johnson
E.D. Jones & Co
Mandela press trip to Los Angeles boosts anti-apartheid push
Nelson Mandela and Winnie Mandela drew about 7,000 mournful yet hopeful admirers at Los Angeles City Hall in bright sun as they urged continued sanctions to end white minority rule in South Africa. The visit included meetings with Bush aides, a talk at the Armory Building, and a concert expected to draw 75,000 and raise over $1 million for the ANC.
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Los Angeles
Nelson Mandela
California
South Africa
Mandela
Winnie
Hollywood
African National Congress
Washington
Bush
James Baker
Natan Sharansky
Soviet Union
Anti- Defamation League
Yasser
Arafat
Armory Building
Memorial Coliseum
Hydrogen leaks grounded NASA space shuttles
NASA halted all three space shuttles after hydrogen leaks appeared on Atlantis and Columbia. Atlantis leak discovered during fuel loading led to rollback to the hanger to inspect the fuel tank, while Columbia had a prior leak before a May liftoff. Officials said the fleet will remain grounded until leaks are understood, fixed, and tested, with completion possibly extending into next year.
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Washington
NASA
Columbia
Lenoir
Kennedy Space Center
Florida
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