Monday, July 24, 2017
This News Is Not Surprising
This One Money Mistake Most Millennials Are Making Will Lose Them Millions Over A Lifetime
The one big mistake: not taking advantage of the stock market by investing while we are young, when our money has time to grow.
Via The Washington Post:
(BroBible.com)
The one big mistake: not taking advantage of the stock market by investing while we are young, when our money has time to grow.
Via The Washington Post:
Fearing the market, millennials are putting their money in savings accounts. And the potential loss of future earnings is huge, like $3.3 million huge, according to new analysis by NerdWallet.Sixty-three percent of 18- to 34-year-olds surveyed are saving for retirement in a savings account, a strategy that could lose them millions over the course of the 40-year period. Millennials fear the volatility of the stock market, but research shows that even if someone invested only over the 10-year period, the numbers still come out in favor of the stock market by a wide margin.
The online site says it looked at 40 years of market returns and interest rates. Using that data, they factored in how much a 25-year-old earning $40,456 saving 15 percent of this income could amass, assuming the market does what it’s done.
(BroBible.com)
You Can Blame The Cayenne & Macan For This
Ferrari SUV, due in 2021, won’t have visible rear doors
The Italian brand continues to deny the existence of Ferrari SUV, but reports say it's coming in 2021 with hidden rear doors
The long-rumoured Ferrari SUV is still on the cards, according to auto analyst Max Warburton, who claims the future model is being called an FUV (Ferrari Utility Vehicle) and does not have visible rear doors.
While Ferrari continues to be evasive on the topic, a more practical model has huge potential for the Italian brand, given the trend for high-riding vehicles and the popularity of ultra-luxury SUVs worldwide, and particularly in the growing Chinese market.
Competitors Lamborghini, Rolls-Royce and Aston Martin are already far into development of their respective SUVs, while Bentley’s Bentayga accounts for a significant portion of its sales.
(AutoCar.co.uk)
The Italian brand continues to deny the existence of Ferrari SUV, but reports say it's coming in 2021 with hidden rear doors
The long-rumoured Ferrari SUV is still on the cards, according to auto analyst Max Warburton, who claims the future model is being called an FUV (Ferrari Utility Vehicle) and does not have visible rear doors.
While Ferrari continues to be evasive on the topic, a more practical model has huge potential for the Italian brand, given the trend for high-riding vehicles and the popularity of ultra-luxury SUVs worldwide, and particularly in the growing Chinese market.
Competitors Lamborghini, Rolls-Royce and Aston Martin are already far into development of their respective SUVs, while Bentley’s Bentayga accounts for a significant portion of its sales.
(AutoCar.co.uk)
This Supercar Is Aging Well
As the iconic Ferrari F40 turns 30, a look back at its development
The F40 is easily one of the greatest Ferraris ever produced: It was one of the first road cars to have a top speed of 200 mph, it celebrated the company's 40th anniversary, and it was the very last model that founder Enzo Ferrari was able to see to completion. To celebrate this historic car's anniversary, Ferrari collected some anecdotes from people who worked on the F40 project, and they reveal some interesting details about the car's development.
(AutoBlog.com)
The F40 is easily one of the greatest Ferraris ever produced: It was one of the first road cars to have a top speed of 200 mph, it celebrated the company's 40th anniversary, and it was the very last model that founder Enzo Ferrari was able to see to completion. To celebrate this historic car's anniversary, Ferrari collected some anecdotes from people who worked on the F40 project, and they reveal some interesting details about the car's development.
(AutoBlog.com)
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