True or False: Ethanol Is Cheaper
(MONEY Magazine) – More flexible-fueled cars are coming out. Is one the answer to your soaring gas bills? Let the numbers be your guide.
47% of car shoppers believe they would save by driving an ethanol-fueled car and...
$2.43 is the recent national average for a gallon of ethanol (E85). That's less than regular gas. But...
15% is how much lower your gas mileage can be with ethanol, so...
8% is how much more you'll typically spend on fuel with an ethanol-powered car.
NOTES: Based on 2006 models. SOURCES: Autobytel,U.S. Department of Energy, Fueleconomy.gov, National Ethanol Vehicle Coalition.
Moneymatics UP? DOWN? WE DO THE MATH.
Equity-indexed annuities. The term may make your eyes glaze over, but insurance agents are pushing them, claiming they're better than regular fund portfolios. Are they? A simple analysis.
Annuity = Higher fees and expenses + Big penalties for early withdrawal + Ph.D. in math needed to calculate value
Well-balanced fund portfolio = Modest operating costs + Transparent pricing + Safety in diversification
BOTTOM LINE Forget the annuities. For more in-depth analysis, turn to page 106.
...Rank yourself: Enter your salary at GlobalRichList.com. If you make $100,000, say, you're the 39,615,049th-richest person in the world...