Wear Reese Witherspoon’s $540 Sandals — For Only
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By Sasha Charnin Morrison for UsMagazine.com. To read more of the Recessionista blog, click here.
I happen to really love the Target’s more, but you choose.
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What was even more shocking is that they looked just like the Yves Saint Laurent sandals Reese Witherspoon has been wearing the past few summers. (Cat Deely and Sienna Miller have also sported them.) And those gold flats cost $540!
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I love a gladiator, but I also like a take on a classic thong sandal every spring. Instead of clomping around in a faux Haviana, this would be a first choice.
I was cruising the Target site and came across a cute pair of sandals. I had to look at them twice because the price said … $8.04!
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I love mixing this with pale or washed-out denim and leather; metallic and shiny textures will luxe up the look. For a dose of pure luxury, go on the wild side and wear those real diamond studs you got for your birthday!
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Everyone wants a little leather or an even better look, a fleece version of the motorcycle jacket. We have found the jacket for less. I love this Swell.com version, which retails for $62, because it recalls the day of tough girls from the late 1970’s and 80’s like Joan Jett.
I have never seen anything like this Element Port-Fleece jacket, which is similar to one Katie Holmes sported while filming in Australia. It’s moto madness — everyone loves this jacket: girls, boys, kids, dogs!
Purchase information: Buy it here.
Element Port Sweater. Take a dive off the Port side. Asymmetrical zip jacket-look sweater features a motorcycle jacket cut with collar, angled zip pockets at sides, heavy distress wash, novelty snaps, and metal logo plate. Cotton/polyester fleece. Element.
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Cameron Diaz certainly has a knack for finding amazing accessories.
Look at this bag. It’s Aldo and hello? It looks just like her Marc Jacobs bag! I mean, wow! Our accessories editor,Ed hardy hats, Hannah, found this and immediately it was like, bingo — feeding my obsession.
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Aldo really brings it. The color is lovely, the size, shape,Ed hardy underwear, price. It feels both classic and very luxe, And at $34.98…what’s not to love?
By Sasha Charnin Morrison for UsMagazine.com. To read more of the Recessionista blog, click here.
I always marvel at her street clothes and want to buy them off her back because somewhere in my fantasy mind, I will look like her. Reality check! I may not be as fab and tall and blonde but I can find something that’s equally posh and polished for less and still feel special.
In: Ralph Lauren · Tagged with: Ed hardy hats, Ed hardy under
Neil Patrick Harris Reveals Names of Twin - Hollis
– After more than 14 years as the head of urban clothing company Baby Phat, Kimora Lee Simmons is saying goodbye to the brand. “It’s time for me to move on and further expand my other businesses and create a new phenomenon. I adore all those who have faithfully been with me since the beginning. I’m forever dedicated to my family, fans and customers,” Simmons, 35, said in a statement. “My inspiration has always come from the fabulous women who have been with me through the years as we’ve grown from young party girls to power players! We’re ready for our next journey together and we’re taking a whole new generation of incredible young women with us. Girl power unite!” [Coco Perez]
– He may have nabbed a pay raise for the third season of Jersey Shore, but Mike “The Situation” Sorrentino’s real earnings come from his endorsement deals. In addition to receiving a salary of $60,000 per episode, the 27-year-old reality star will rake in appearance fees ranging between $15,000 to $50,000 this year — bringing his total earnings to nearly $5 million! [Huffington Post]
– Neil Patrick Harris is such a tease! The 37-year-old How I Met Your Mother actor — who recently announced he’ll be expecting twins via surrogate with partner David Burtka — hinted he would share the name of his children Saturday. “Hey there,Hollister, Twitterland. As you followers have been so nice to me, I thought I’d return the favor with a scoop: we’ve decided to name our tw,” he wrote,G-Star, purposely cutting off the message. [CNN]
– How does Taylor Momsen achieve a great smoky eye? “I have a bounty of products. Bedhead’s black eyeliner is really good — it lasts a long time — but the only thing is you can’t smear it, so I have smudge black eyeshadow around it,” the actress, 17, says. “Also, lately I have been using red eye makeup!” [Just Jared]
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– Lady Gaga has surpassed Britney Spears as the most followed person on Twitter — for now, at least. With more than 5.7 million followers, the 24-year-old singer thanked fans for helping her achieve “my reign as Twitter queen.” [USA Today]
In: Seven · Tagged with: G-Star, Hollister
Cadet Calvinites, Report For DutyaCheap Boss
This morning, our senior market editor.outlet online brand clothing, Marina, and I went to check out Calvin Klein’s offering for Fall.outlet online wholesale clothing. And though Kevin Carrigan wholesale and outlet online the design team helming the Calvin Klein wholesale and outlet online Calvin Klein Jeans lines aren’t on exactly the same nouveau-futuristic wavelength as Collection creative directors Francisco Costa (women’s) and Italo Zucchelli (men’s), there’s plenty of the sleek.outlet online brand clothing, slightly severe return to minimalism that characterized the Collection runways (wholesale and outlet online their assortment of high-nineties supes). Slim separates—”cadet-inspired,” the company has it—came in black wool, some snaked with gleaming zippers,Cheap Boss, as in a chic, asymmetrical jacket. A one-button women’s suit with inlaid leather panels,Burberry clothing, new for this season, was sharp. But best overall,Cheap Laguna Beach jeans, Marina and I agreed, was the men’s footwear. A pair of side-buckled Chelsea boots (bottom) lightened up the military tone of the men’s collection, and I loved the angular rubber soles on a pair of black lace-ups (top) from the Jeans collection.
Photos: Matthew Schneier
—Matthew Schneier
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Levi Johnston I Regret Apologizing to Sarah Pali
So why did he apologize to Sarah in the first place? “That was something I did to make my fiancée happy,” he said. (Johnston and the former Vice Presidential candidate famously traded insults via the press following his early 2009 breakup with Brisol.)
Will he be a better leader than Sarah, Alaska’s former governor? “Let’s hope so,” he says during the interview. “I can’t guarantee or promise you anything but I’m gonna try… That’s the goal.”
If Levi Johnston could take back anything, it would be… posing for Playgirl? His on-off, on-off relationship and engagement to Bristol Palin, mother of his son Tripp, 20 months?
VIDEO: The couple in happier times
Nope. For Johnston, his biggest and only regret is a public apology he made to his famous would-be mother-in-law, Sarah Palin.
“I don’t really regret anything,” Johnston, 20, says in a CBS Early Show interview broadcast Friday morning. “But the only thing I wish I wouldn’t have done is to put out that apology [to Palin and the Palin family].”
PHOTOS: Levi and other stars who had terrible summers
“‘Cause it kind of makes me sound like a liar. And I’ve never lied about anything. So that’s probably the only thing. The rest of the stuff I can live with.”
“If we do win, I’m going to have to give up Hollywood for three years.”
Johnston — he and Bristol, 19, called off their second engagement last month — recently signed on for a reality show and is running for mayor of Wasilla, Alaska.
PHOTOS: Look back on Levi and Bristol’s romance
Kim Kardashian, Justin Bie - Juicy Couture tracksu
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O’Reilly, 60,Juicy Couture tracksuits, claimed that he wasn’t interested in sexy older women when he was Bieber’s age. “I wanted to be a baseball player [when I was 16],” he said. “I didn’t want to hang around with Kim Kardashian…I had a baseball bat and a bat and [a pair of] ice skates! That’s what I was doing.”
PHOTOS: Famous older women who date younger men
Suggesting a double standard at work, O’Reilly finally noted, “I will tell you this: If a 16-year-old girl was pictured with a 29-year-old man in any of that, he’d be in big trouble.”
What do Jennifer Aniston, Kim Kardashian and Justin Bieber have in common?
PHOTOS: How Kim has overshared with her fans
PHOTOS: Kim in her younger years
Joking that Kardashian is “42,” (she’s 29) and that Bieber, 16, “looks like Ringo Starr,” the O’Reilly Factor host wondered if the The Graduate/”Mrs. Robinson” themed pics were appropriate.
Panelist Rebecca Diamond argued: “It’s every sixteen-year-old male’s dream to have pictures with Kim Kardashian.”
“I think it’s gross,” Republican strategist Margaret Hoover said during the chat. “It’s a 16 year-old having an affair with a celebutante!”
A week after O’Reilly called Aniston “destructive to society” for playing a single mom in The Switch,NFL Jerseys, he took aim Friday at Kardashian and Bieber, who recently posed together by the beach for an Elle magazine photo shoot.
They’ve now all raised the ire of Bill O’Reilly.
Tell Us: do you agree or disagree with O’Reilly?
In: Baby Phat · Tagged with: Juicy Couture, NFL Jerseys
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1. Matthews China Fund. The San-Francisco-based fund family invests exclusively in Asia, seeking companies with long-term growth prospects, strong business models.outlet online brand clothing, quality management teams, and reasonable valuations. The managers of the firm's China Fund–U.S. News's top-ranked fund among those that invest in Pacific/Asia stocks with the exception of Japan–look to capitalize on long-term growth trends with investments in companies like Digital China, a play on the country's demand for IT services.outlet online wholesale clothing. The duo invest heavily in the consumer sector, in stocks like China Mobile and Golden Eagle Retail Group, given the population's growth in income and spending. From the fund's inception in February 1998 through the end of June, it gained an annualized 13 percent, besting the MSCI China Index by an average of 10 percentage points per year. "Matthews does Asia very well and they do China well," says Rocco. Pluses include management's proven expertise, solid research (the team visits companies it invests in), wholesale and outlet online reasonable expenses, he adds. Annual fees for the fund are 1.21 percent.
With the latest forecast that China could take the reins as the world's largest economy as soon as 2030, experts are debating how its growth should be measured and if it will indeed outmuscle the United States. But regardless of when (and if) China will reach that milestone, the country's powerful and growing influence on the world economy cannot be ignored.
Although China funds haven't offered a smooth ride, the category has rewarded investors with an average gain of 14.3 percent per year over the past five years through August 19. Over that time period, the average domestic stock fund lost an annualized 0.3 percent. "It's a big, growing, burgeoning country with just a slew of opportunities and obviously a very large population to work with if they can get rolling and free up things–by that I mean the free-enterprise concept–there are great opportunities for China going forward," says Roseen.
[Use our Mutual Fund Score to find the best investments for you.]
[What China's Currency Reform Means for Investors.]
2. Guinness Atkinson China and Hong Kong Fund. The London-based Guinness Atkinson team follows the same basic strategy in all six of its mutual funds. Management sizes up companies by comparing their past and projected returns on investment (ROI), measuring valuation, analyzing earnings trends, and considering their relative performance over three, six, and 12 months. Edmund Harriss and James Weir employ this methodology to weed through the universe of companies traded on Hong Kong and Chinese exchanges. The fund's top three holdings were recently Weichai Power Co., Dongfang Electric Corp, and Yanzhou Coal Mining Co. The fund's 10 percent annualized return ranks it in the top 10 percent of its category over the past 15 years.
Here are three China funds for such investors:
Another factor to consider before jumping into China: You may already have it in your portfolio, Rocco points out. Vanguard Total International Stock Index, for example, holds a quarter of its assets in emerging markets, including a 5 percent stake in Chinese stocks. And T. Rowe Price's actively managed Emerging Markets Fund has nearly 20 percent of its assets in China, but investors also get exposure to countries including Brazil,Wholesale Paul Smith, South Korea, India, and Russia. Even domestic funds can provide China exposure,Wholesale Ed hardy silk scarves, as many U.S.-based companies are big beneficiaries of the country's growth. Caterpillar is an indirect play on China, says Rocco, where the maker of construction and mining equipment is rapidly expanding its operations.
Should you reserve a spot in your portfolio for this emerging superpower? Investors would be wise to consider the country's big economic picture, which isn't as black and white as the numbers. That picture is full of contrasts. Factors fueling China's incredible growth include an influx of foreign capital, a boom in productivity, growth in foreign trade, the creation of a middle class, and economic reforms. But concerns remain over China's currency policy, heavy dependence on exports, its regulatory environment, and the deterioration of its actual environment–to name a few.
"To make a bet on a particular market is not a good idea for most investors," says Rocco. "Who it does make sense for is people who already have a well-balanced portfolio wholesale and outlet online understand that they may already have a significant amount in China. It's more akin to buying a stock than fund–high-risk and high-reward for people with a long time horizon who understand what they're doing."
As is the case with other emerging markets, Chinese investments are notoriously volatile. Consider the performance of China-region mutual funds over the past few years. Virtually all stripes of mutual funds took a deep dive in 2008, but China funds particularly fell hard. During that year, the average fund focusing on this region lost more than half of its value, making China-region funds the second-worst performing category behind Latin America, according to Lipper. China funds made a big comeback in 2009, rocketing nearly 70 percent, but they're down about 1.5 percent so far this year (still less than the average world equity fund). Look at historical calender-year returns and you'll see similar swings in performance. Given the singular focus of these funds, investors should be "risk-seeking and risk-tolerant," says Lipper senior research analyst Tom Roseen.
3. SPDR S&P China ETF. Looking for China exposure on the cheap? This exchange-traded fund (symbol GXC), which holds about 130 stocks, charges 0.59 percent in annual fees (compared with 1.21 percent for Matthews China and 1.58 for Guinness Atkinson China & Hong Kong). The fund mirrors the market-capitalization weighted S&P China BMI Index, which measures the universe of publicly traded companies domiciled in China that are legally available to foreign investors. Holdings are spread throughout a handful of sectors, with a third of the fund's assets recently in financial stocks, followed by telecommunications (20 percent), and energy (16 percent). Market giants dominate the portfolio; Recently.outlet online brand clothing,Wholesale Christian Audigier, its top three holdings were China Mobile, Industrial wholesale and outlet online Commercial Bank of China, and China Life Insurance.
"It's more complicated than saying 'I'm going to pick the biggest, most fast-growing country,'" says Bill Rocco, Morningstar's lead analyst on China funds. "There's going to be ups and downs–political events along the way, trade issues … and there's a debate about whether superior economic growth translates to superior stock market performance. There's certainly research that shows no correlation."
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Spotted: Partners in scene-stealing, Chloë Sevigny wholesale and outlet online Liz Goldwyn.outlet online wholesale clothing. The pair turned heads at back-to-back events in L.A. this weekend in some straight-from-the-runway Miu Miu and (we’re guessing here) trademark quirky vintage. At Friday night’s Prada book launch,Wholesale Rock Republic jeans, Sevigny’s Fall ‘09 Miu Miu navel-plunger with exposed bra (see here on how to rock the lingerie trend) would be an obvious choice for most daring ensemble, but Liz’s fully covered cat-print dress is just as sexy—the red lip wholesale and outlet online tousled hair don’t hurt. The next night.outlet online brand clothing, at MOCA’s 30th anniversary party, the duo both showed more skin. Goldwyn’s flamingo pink harem pants ensemble drew attention to her,Wholesale Lyle&Scott, um.outlet online brand clothing, palm trees, while Sevigny’s Spring ‘10 Miu Miu look was all about her California tan wholesale and outlet online long gams. (Ed.’s note: Both of Sevigny’s Miu Miu looks were number 34 on the runway. Coincidence?) What do you think of the friends’ attention-grabbing looks? Leave your comments below.
Photo: Andreas Branch / Patrick McMullan
—Alison Baenen