| Personal Finance Daily MAY 04, 2012 Friday's Personal Finance Stories By MarketWatch Don't miss these top stories: When the Kentucky Derby is run Saturday, only 20 horses will enter the starting gate. But hundreds of owners will be cheering them on thanks to myriad partnership structures. But, Jennifer Waters writes in our SportsWatch column today, investing in a racehorse is a risky bet that you wouldn't want to stake your retirement or much of anything else on — except maybe immeasurable merriment, race horse owners say.Also on MarketWatch today, we have a preview of the weekend's other big sporting event: Berkshire Hathaway's annual shareholder meeting in Omaha, Neb. Questions about Warren Buffett's health and the company's succession plans are likely to dominate.— Anne Stanley , Managing Editor, Personal FinanceKentucky Derby an investor's dream that few live Thinking of investing in a race horse that will take you to the Kentucky Derby? Don't stake your retirement on it; there are far more losers than winners in horse racing. Read more: Kentucky Derbv an investor's dream that few live. When your mortgage servicer changes The typical mortgage loan may be sold two, three or even four times to other lenders. Here's what to watch for. Read more: When your mortgage servicer changes. 10 most versatile cars under $20,000 Are you cheap but demanding? Good for you. You want a car with great mileage, but also safety and versatility. This week, NADAguides, from the National Automobile Dealers Association, announces its top 10 picks for the most versatile cars under $20,000. Read more: 10 most versatile cars under $20,000. Tire-pressure monitoring systems not precise While tire-pressure monitoring systems are great safety aids, they may allow tire pressure to fall 25% below the recommended level before giving a warning, and some tire experts say such a loss is too great. Read more: Tire-pressure monitoring systems not precise. Ford retirees face buyout dilemma In what's been described as the first offer of its kind, retired Ford workers will soon have to decide whether to take a lump-sum distribution from their defined benefit plan, or take (or continue taking in some cases) their pension in monthly installments. Read more: Ford retirees face buyout dilemma. INVESTING Buffett, Berkshire face test of investor patience Berkshire Hathaway shareholders are looking for reassurances that Warren Buffett is still on top of his game and that the holding company remains relevant in a digital age. Read more: Buffett, Berkshire face test of investor patience. The gold market's steep wall of worry While bullion's listless behavior over the last couple of months is undeniably frustrating, a very robust wall of worry is being built. Read more: The gold market's steep wall of worry. Pensions swap stocks for bonds, capping rates Company pension plans, which manage almost $7 trillion in investments, are likely to help keep bonds yields relatively low, as they shift out of equities and riskier assets into fixed income to better match their liabilities. Read more: Pensions swap stocks for bonds. ECONOMY & POLITICS U.S. economy gains 115,000 jobs in April Just 115,000 jobs are created in the largest global economy during April, as the public sector sheds another 15,000 workers. A drop in the jobless rate to 8.1% mainly reflects an uptick in the number of people who stopped looking for work. Growth in payrolls is revised higher for February and March. Read more: U.S. economy gains 115,000 jobs in April. We're sick and tired of stinky jobs numbers These jobs numbers aren't good. They stink. But they don't stink nearly as much as they did the last time the unemployment rate was this low. Read more: We're sick and tired of stinky jobs numbers. What stimulus? Government is holding us back Everyone's worried that the economy may go over a "fiscal cliff" next year, but they're missing the fact we've been falling down a "fiscal hill" for two years already. Read more: What stimulus? Government is holding us back.  MarketWatch has sent you this newsletter because you signed up to receive it.To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111 | |  |
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