Recent history also suggests REITS are not exactly ballast in down markets.
Everybody knows you need fixed-income securities as ballast in a portfolio.
And the Germans badly want the British aboard the euro-ship, in part as counter-ballast to the French.
Although there is an additional cost in fixing reinforcement cables and ballast, Garvey believes the future economic prospects for his invention are good.
Lower turbines should, together with clever design and material selection, help reduce the turbines' weight, and thus their need for ballast, which in turn should reduce sub-sea costs.
Built in 1997 with 1.2 million tons of concrete and ballast, Hibernia (ChevronTexaco owns 27%) sits on some 700 million barrels, producing 150, 000 barrels a day.
Built in 1997 with 1.2 million tons of concrete and ballast, Hibernia (ChevTex owns 27%) sits on some 700 million barrels, producing 150, 000 barrels a day.
Yes, bonds are still valuable ballast for every long-term portfolio, but in terms of looking for where the best incremental returns are likely to be going forward, Fidelity is clearly on the record: Stocks, not bonds.
"If you are travelling 20, 000 km, it is rather unlikely that an organism will survive this, as ballast water is not the most cosy environment to live in, " said Dr Gastner.
Since then, flora has sprung up along the embankments, ballast, bridges and walls, creating meadows, wasteland and wooded areas in which a vast range of animals live: there are 220 species of plants and animals, including bees, butterflies, toads, hedgehogs, French oaks and sycamores, and 21 bird species, including the endangered spotted fly catcher.
Call it the Das Boot effect: With their deep keels and heavy ballast, J-boats push such a mass of water that they tend to hunker down in a breeze, submerging the bow and stern and soaking practically everyone on deck.
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