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Friday, April 13, 2012

Personal Finance Daily: 10 of the world's fastest supercars

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MarketWatch
Personal Finance Daily
APRIL 13, 2012

Friday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

You thought we were going to bombard you with tax stories today, didn't you? Nope. We've got some car stories for you, instead. We'll have more tax news on Monday.

In the meantime, take a look at Jennifer Waters's column on the true costs associated with car ownership. The price tag on the car is not necessarily proportional to the other expenses, such as maintenance, fuel, depreciation and insurance. You might be surprised to learn that a less-expensive economy car might cost you more in the end that a sedan with a higher sticker price.

And it you're anticipating a really huge tax refund, well, we've got a slide show on 10 of the fastest and most expensive production cars in the world, starting with the renowned Bugatti Veyron — which will cost you a couple of million dollars, but which also can go 268 mph. Dream on.

On a more practical note, our Weekend Investor feature takes a look at how stocks are topping bonds in the hunt for yield. Many companies are now paying dividends well in excess of their own bond yields. The yield spread of U.S. BAA-rated corporate bonds over the Standard & Poor's 500 Index dividend yield is near its lowest level in almost 45 years.

Anne Stanley Managing Editor, Personal Finance

10 of the fastest super cars in the world

From the Bugatti Veyron Super Sport to the famed McLaren F1, take a look at some of the fastest and most expensive super cars in the world.
Read more: 10 of the fastest super cars in the world.


Surprise: Cars cost a lot more than you think

Before you buy that "cheaper" car, calculate the true cost of ownership. You might be surprised by what you find.
Read more: Surprise: Cars cost a lot more than you think.


How to deal with a hostile tenant

Much is written about how tenants have been victimized by landlords, but sometimes the landlords are the victims.
Read more: How to deal with a hostile tenant.


INVESTING

Funeral giant: Look but don't touch

In the stock market, bad news brings out buzzards and buyers. The birds are circling to see if the company is dead, the buyers are figuring things will get better when the news passes.
Read more: Funeral giant: Look but don't touch.


Stocks now top bonds in the hunt for yield

Dividend-paying stocks' appeal has cooled recently, but the drivers for these stocks and investor's desire for income persist.
Read more: Stocks now top bonds in the hunt for yield.


ECONOMY & POLITICS

Obamas report 2011 income of $789,674

President Barack Obama and his wife Michelle reported lower income in 2011 than in 2010, tax returns released Friday showed, reducing their effective tax rate to 20.5% from just over 26%.
Read more: Obamas report 2011 income of $789,674.


Credit union battle with banks heats up

A more than decade-old effort by credit unions to expand into more small business lending is gaining momentum on Capitol Hill, driving worried banks to step up their congressional lobbying in an effort to protect their turf.
Read more: Credit union battle with banks heats up.


Are baby boomers taking all the jobs?

The U.S. economy is finally creating jobs again, but most of them seem to be going to aging baby boomers, not to young adults just starting out on their careers, writes Rex Nutting.
Read more: Are baby boomers taking all the jobs?


Consumer sentiment declines in April

Consumer sentiment defies economists' expectations in early April, easing on worries about current conditions, according to the University of Michigan/Thomson Reuters.
Read more: Consumer sentiment declines in April.


U.S. cost of living climbs 0.3% in March

The cost of living rose in March even as the price of gasoline leveled off, the U.S. government reported Friday.
Read more: U.S. cost of living climbs 0.3% in March.


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