A Week's Worth

• Oh Henry! It looks as though Toyota has passed industry icon Ford to become the world's No. 2 automaker (behind No. 1 GM). Preliminary figures released Friday showed the Japanese automaker sold 6.78 million vehicles last year versus the 6.72 million sold by the corporate legacy of Henry Ford.

• Hidden fees: It may cost more to own that mutual fund than its expense ratio suggests. A new study of 30 of the largest funds by the Zero Alpha Group, a nationwide network of investment advisory firms, found that, on average, 43 percent of a fund's real charges were not included in its expense ratio. The main culprit was trading costs, which aren't tallied in the expense calculations. One solution: Sock your money in a pillow. Better solution: Invest in index funds, where trades are far less frequent.

• Excuses, excuses: Thinking of taking a personal day? Try something more convincing than the lines Accountemps came across when it asked 150 executives to recall the most imaginative reasons they'd heard from employees. Among them: "My cat has hairballs." "My garage door is broken." "I'm going to jail." One worker was honest, at least: "I need a leave of absence to try another job. But if it doesn't work out, I'd like to come back."

• Mark your calendars: The Monitor is hosting a panel of four experts on ethical investing this Thursday. The event will be here in Boston from 6:30 to 8:00 p.m. To reserve a seat, call 800-261-2006. If you prefer to see the Webcast, log in to www.csmonitor.com. Yours truly will be moderator.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK