Word: rental
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...rented a Focus in Oregon this summer and can't say I fell in love. The car lacked basics like an armrest and a driver-side trunk release--forget cruise control--and emitted a high-pitched whine at 60 m.p.h. O.K., it was a stripped-down, beat-up rental. But people, please, can't you do better...
...Thomas is using a crowbar to pull nails from the frame of the house he grew up in and now rents out. Unemployed since Katrina flooded the Hyatt and took his job as a banquet captain, he is spending his time renovating. The city is in dire need of rental housing like his, since Katrina destroyed some 43,000 units, including 5,000 public housing apartments. Standing in the doorway, the 62-year-old points to empty lots where houses once stood nearby. He hasn't seen the neighbors at all, but believes his renovation, lonely as it is, will...
...Ocean Springs businesswoman Eleanor "Cissy" Jordan lost 45 rental houses and a commercial building, all bought on The Point by her grandfather, a Lebanese immigrant who came to Biloxi in 1926. Losing them wiped out 90% of her income. "The casinos are the only entertainment game in town for those of us who have been through so much emotionally over the past year," says Jordan...
...have ample assets or can easily live off your bond, rental or other income or your stock dividends without selling the underlying assets, you may not need an income annuity, which is really just insurance that you will never run out of money. If you don't need it, don't pay for it. If you buy an immediate annuity and die soon after, you will have given an insurance company what could have gone to your heirs...
Here's the situation: You're in a strange city, you've ditched the rental car, and you want to walk around town, check out museums, restaurants and maybe do some shopping. The catch is, you hate looking like a tourist with a giant paper map. Pioneer's AVIC-S1 is one of the first GPS navigators with a "pedestrian" setting. In addition to telling you what interstate exit to take, it plots a path for you along boulevards and side streets, keeping in mind that your walking pace may only be two or three miles per hour...