Multiple colours in an NSString or NSMutableStrings are not possible. So I've heard a little about the NSAttributedString which was introduced with the iPad SDK 3.2 (or around 3.2) and is available on the iPhone as of iPhone SDK 4.0 beta.
I would like to have a string that has three colours.
The reason I don't use 3 separate NSStrings, is because the length of each of the three NSAttributedString substrings will be changing often and so I would prefer not to use any calculations to re-position 3 separate NSString objects.
If it's possible using NSAttributedString how do I make the following - (if not possible with NSAttributed string how would you do it):

Edit:
Remember, @"first", @"second" and @"third" will be replaced by other strings at any time. So using hardcoded NSRange values won't work.