I was recently chauffeuring my husband around as we did errands before he left for another two-month run on the road. He was kicked back in the passenger seat when suddenly he bolted up and as if in shock, pointed and exclaimed, “Would you look at that?!”
My thoughts immediately went to the worst, and my eyes darted to the left and right to see what tragedy had occurred in our path. When I couldn’t find any type of destruction or horror, I asked him what he was talking about. With a deliberate point of his finger he added, “What would Ronald McDonald think?”
As an investor, you may find that the elements of your portfolio that seem to draw most of your attention are stocks and bonds. After all, these investment vehicles, and others derived from them, provide you with potential growth and income opportunities — which is why you invest in the first place. Yet, you also may find significant value in a more humble financial asset: cash. In fact, you might be surprised at the various ways in which the cash, and cash equivalents, in your portfolio can help you complete your financial picture.
Dear EarthTalk: What is “genetic pollution” as it pertains to the bioengineering of animals, fish and plants, and what happens if they cross breed with their wild cousins?
— R. Ahearn, Rome, N.Y.
Genetically modified organisms are those that have been altered by scientists to include genes from other organisms (known as transgenes) that may impart specific benefits. For instance, crop seeds that have added genes which resist the effects of herbicides can allow farmers to spray their fields liberally with herbicides to kill undesired weeds without the fear of killing their marketable crop along with them.