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Style and Substance: Top 10 Luxury Cars Driven by Women


Style and Substance: Top 10 Luxury Cars Driven by Women

Subtlety, sophistication and safety are among the attributes that matter most to women who buy luxury cars. But horsepower has its place, too.

Thelma and Louise sought top-down glory in a light blue ’66 Ford Thunderbird convertible. Carol Brady settled for a Plymouth station wagon, an eminently practical choice — and about as exciting as a soft-boiled egg. The luxury vehicles with the highest percentage of women drivers today aren’t at either of these extremes. Rather, they’re some of the most well-balanced cars out there, from a shapely, sporty BMW roadster to a quartet of safe yet chic Volvos.

“The common denominator with most of the vehicles on this list is that they’re all sophisticated, refined vehicles with complex surfacing and highly-evolved design,” says Imre Molnar, dean of the College for Creative Studies in Detroit, Mich., where he runs one of the world’s largest transportation design programs.

Molnar calls out the “flame surfacing” that chief BMW designer Chris Bangle employed — sometimes controversially — when creating the BMW Z4, which heads up our list of the top 10 luxury cars driven by women. The Z4's body blends convex and concave shapes inspired by a flame. When designing the car, Bangle even commissioned a group of dancers so that he could model the roadster's form in part based on their spontaneous body movements. "Women are responding to this fluid, organic, inspired form,” Molnar says.

Besides sophistication, women are also looking for subtlety. “I think women have such a good eye for detail,” says Vicki Vlachakis, designer of the Saturn Sky, which is popular with women, according to CNW Marketing Research data, but isn't on our list because it's not a luxury car. “The attention to detail is really important on the interior; on all of the key driving interfaces such as the gauges, shifter area, steering wheel and seats.”

Styling and aesthetics alone won't win women over, though. “To put it bluntly, women are more practical than men when it comes to cars,” says Art Spinella of CNW Marketing Research. “Whereas men tend to buy cars that are more testosterone-based and macho [see our men's list], women are into cars that are sophisticated and sensible.” The Lexus IS, which ranks 10th, offers strong performance from two available V6 engines, but still returns decent gas mileage at an estimated average of 27 mpg for combined city/highway driving in the IS 250. Likewise the sporty BMW Z4, which cranks out more than 200 hp but gets 30 mpg on the highway.
The Audi A3 hatchback (ranked third) and Volvo V70 wagon (ranked fourth, along with the Volvo C70) further prove the practicality point with versatile interiors that can be configured to accommodate lots of cargo. “Women don’t see any perceived value in the macho qualities that are in men’s favorite cars, like the Hummer,” Molnar says. “They’re completely unseduced by the idea of a car’s primary purpose being an image-maker.”

Safety is another top concern among female drivers, which explains why Volvo, whose reputation is built on safety, has several cars on the list. “Women generally care much more about safety than men,” says Marti Barletta, founder and president of consulting firm The TrendSight Group, and author of PrimeTime Women: How to Win the Hearts, Minds and Business of Boomer Big Spenders. "Take the Volvos on the list: The company doesn’t do much marketing specifically to women, yet women gravitate toward their safety features and are clearly responding to the brand."

The percentage of primary male drivers for our list of the 10 vehicles most driven by men averaged 90.8 percent, versus an average of 51.9 percent for women. That’s a big difference and, while it clearly can’t account for all buyers of high-end cars, the discrepancy between the percentages of male versus female primary drivers does imply that men are buying more high-end cars than women.

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Living in the lap of luxury


Amidst the stunning backdrop of the South East Wales countryside sits the bustling town of Cwmbran, and a luxurious Redrow development that epitomises success, glamour and understated chic.

The beautiful John Fieldings Gardens development in Llantarnam, on the edge of the town, incorporates sumptuous designs with contemporary living. Its sophisticated aesthetics and designs lend themselves to those who wish to invest their career successes in a property that will exude confidence, accomplishment and lavish comfort.

Debby Pavitt, area sales manager for Redrow (South Wales) says: “We have designed John Fieldings Gardens around the idea of chic, glamourous living. The homes themselves have nods towards traditional styles but we’ve combined the comfort of those styles with the obvious benefits and practicalities of a contemporary lifestyle.

“We currently have four and five-bedroom properties available to move into in June, and a stunning five-bedroom ‘Windermere’ style show home is open now to give visitors a taster of the life that could be theirs!”

The five-bedroom Windermere home at Redrow’s popular John Fielding Gardens has been fully furnished by a team of professional interior designers to create a sophisticated and stylish look, intended to fuel the imaginations of visitors to this stunning property.

Other large detached homes featured at the development include the stunning four-bedroom ‘Welford’ style home, currently available from £444,950. This property enjoys two en-suite bathrooms, fitted wardrobes, a spacious family room, utility room, study and separate dining room – as well as under stairs storage, a downstairs cloakroom and a detached double garage.

A selection of five-bedroom homes – with prices from £459,995 - is currently available – the ‘Wharfe’ and ‘Blenheim’ styles as well as ‘Windermere’ designs similar to the show home – all are spectacular detached properties with double garages.

The ‘Blenheim’ style home is a magnificent example – a deluxe property it boasts five spacious bedrooms and two bathrooms decorated in a contemporary understated design that accentuates the effortless style of the property. It also enjoys a fabulous walk-in wardrobe, separate dining room, a spacious family room and separate breakfast area, in addition to a utility room and storage spaces.

Debby continues: “All the properties available have been decorated to the highest standards – they are all sizeable homes perfect for a growing family, or for those who just want to enjoy a bit more space!”

Cwmbran is a growing town that offers an increasing amount of local amenities such as shops, banks, restaurants, pubs and sports facilities. Close to the all-important M4 corridor, the cities of Newport and Cardiff are both easily reached, as is Bristol.

Karnataka to launch luxury tourist train

After the famous Palace on Wheels in Rajasthan and Deccan Odyssey in Maharashtra, Karnataka is now all set to launch South India's first luxury train that will take Indian and foreign tourists on a journey through the rich natural and cultural heritage of the state.

Designed to give the well-heeled tourists a taste of the state's royal past on board, for a princely sum of course, the weeklong tour starting from Bangalore will offer them a varied visual treat. This would include the famed palaces of Mysore, ancient temples of Hassan, Belur, Halebid and Hospet, the Jain pilgrimage at Shravanbelgola, the world heritage site at the ruins of Hampi, Dandeli wildlife sanctuary and, finally, the breathtaking beaches of neighbouring Goa.

To be operated as a joint venture between the Karnataka State Tourism Development Corporation (KSTDC) and the Indian Railway Catering and Tourism Corporation (IRCTC), the launch of the luxury train is scheduled for November 1 when the state celebrates its 51st foundation day.

The train, which is likely to be named as the Golden Chariot, will be fitted with all the five-star luxuries and comforts including a spa and gymnasium, restaurant coaches, TV lounges, conference coach and internet connectivity, according to KSTDC Chairman and state Tourism Secretary IM Vittalamurthy.

With 19 coaches and 110-passenger capacity , the luxury-on-wheels is basically targeted at foreign tourists with whom the two Palace on Wheels trains in Rajasthan have proved to be immensely popular. Karnataka received as many as 5.40 lakh foreign visitors in 2006. But the KSTDC also plans to market it for corporate conferences, promotional events as well as wedding packages, its Managing Director Prashant Kumar Thakur said.

The fare, which has yet to be finalised, is expected to be slightly less than the $ 400 per day charge on the Palace on Wheels for foreigners or its equivalent in Indian currency for the Indian tourists. It will run round the year and is expected to be heavily booked months in advance by foreign tour operators.

The coaches of the train are being readied at the Indian Railways' Integral Coach Factory in Chennai and, after interior designing, will be available for trial runs in September-October.

The IRCTC, which handles the catering and tourism operations of the Railways, will look after the running and maintenance of the train while KSTDC will be the host onboard in partnership with private hospitality groups.

Tom Funke: Must-see places in the Upper Peninsula

While I'm certain that most of us are not chomping at the bit to make travels to the snowbound Upper Peninsula, here are three places you really need to visit. Make plans to visit these great examples of the beauty and diversity the U.P. has to offer.

BROCKWAY MOUNTAIN WILDLIFE SANCTUARY
If it's hawks you seek, Brockway is for you.

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Brockway is also for those wishing to find rare plants, examples of boreal forest, and rock outcroppings.

An appealing feature is you can experience all of this by hiking less than a mile through the 400-acre Brockway Mountain Wildlife Sanctuary.

Owned and managed by Michigan Audubon Society, the real heroes in preserving this sanctuary is the Copper Country Audubon Society. For years, they have been raising money to buy land in Keweenaw County.

May is a great month for hawk watching, as they find their way north and use the Keewenaw Peninsula as a launching off point to Canada.

Flowers are diverse and abundant, including twinflower, orchids, and the rare wild lilac, which is only found in Keewenaw County. The trail is rolling and has many roots and rock outcroppings, so wear rugged footwear.

From Eagle Harbor, take Brockway Mountain Drive seven miles and look for an entrance sign on the north side of the road.

LAKE BAILEY
If you are looking for a climb and a great view, this is the place.

However, pick your days wisely, as the trail at the Lake Bailey Sanctuary is frequently fogged in. The two-mile, one way trail starts in a cedar swamp, which is usually dry enough to traverse in the summer. The trail quickly climbs in elevation, giving you the opportunity for a gut-wrenching climb to the top.

This sanctuary has recently had an 80-acre addition, protecting the majestic trees that have mostly been free from lumbering. At the turn of the last century, only the largest of the trees were harvested from the area.

The trail is steep; you'll experience a 300-foot climb in less than a quarter mile.

The physical experience is worth it and rewarding, you are surrounded by over 250 different species of plants, several of which are threatened and endangered. Look for the fringed polygala or rare Heart-leaved Arnica.

Not surprisingly, the area is home to well over 100 species of birds. Lake Bailey is located just east of the intersection of Brockway Mountain Drive and M-26.

ESTIVANT PINES
If you like big things, this nature preserve in Copper Harbor is just the right spot. Estivant Pines, owned by the Michigan Nature Association, is home to 300 - 500 year old white pines. These monarchs of the forest average four feet in diameter and over one hundred feet tall.

Since its inception in the early 1970's, this nature sanctuary is a hotbed for land conservation as the Michigan Nature Association continues to battle land speculators in purchasing land around this sanctuary for future protection.

A true David and Goliath epic, the small, non-profit organization is making headway against multi-millionaire land development companies.

Currently at 377 acres, they are working on a 128-acre addition.

Two trails, totaling 2.5 miles, take you by massive red oaks and yellow birches. Make sure to look down and around, as there are many orchids and over 85 species of nesting birds in the sanctuary.

From the blinker light in Copper Harbor, go east 0.2 miles, then south 1.3 miles past Lake Manganese. Turn west on Burma road 0.6 miles to sanctuary entrance on south side of road.

Tom Funke is a freelance writer who has extensively traveled Michigan's Upper Peninsula.

How To Raise A Millionaire!

How To Raise A Millionaire

By Erwin Bogs Rempola, author of the book "Discovering True Wealth" available at online bookstores worldwide.

I remember a long time ago when I was still in elementary, my mother always told me to study hard. She told me that education is the only thing that I will inherit from her. Everyone thinks that I was an easygoing person then, but now everyone's saying that I inherited my mother's brain. It's true my mother is very talented; she was a Mathematics teacher in college, high school, and in elementary. I'm lucky to have her as my mother. She was very understanding and very confident in us children.

When I was in college, I couldn't concentrate on my studies. I realize now that I was probably just bored. In college, they teach you how to memorize the books, how to do reports, how to be on time, and how to follow rules. They teach you how be the best worker. They teach you how be successful as an employee. They don't teach you how to become a millionaire.

In college, there is no Money 101, Stocks 101, Real Estate 101, Investing 101, or Home-based business 101. These courses do not exist in college. Instead, they teach you how to create reports, how to follow rules, and how to be a manageable person. They teach you how to make other people rich such, as your employers.

Don't get me wrong. I have nothing against education. I'm not telling you to stop your children from going to school. In fact, I learned a lot from going to school. I tell my children to study hard and stay in school. Nevertheless, at home I teach them what they don't learn from school. I teach them what I learned on my own about money management.

I learned the hard way. Nobody taught me about money management in high school or college. I learned bookkeeping from the navy. I learned about stock market from my friends and self-research. I learned real estate from vocational courses and self research. I learned sales from Navy Recruiting. I want my children to learn now what I had learned the hard way. I want them to learn while they are still at school--something that I didn't learn when I was at school.

Here's what you should do to raise a financially intelligent child:

1. Education is the best inheritance. Tell them to stay in school and get good grades.

2. Reward them when they get high grades (A+). It is not a bribe. It is something they look forward to. Children will do their best when they know that they'll get something from it. My son is in Taekwondo. Whenever he has a tournament, I tell him that I will buy him a video game if he brings home a medal. One tournament, he was so motivated that during the first fight, he made his opponent cry. However, every time he loses, I don't discourage him. I tell him, son, there is always next time.

3. Give your children monthly allowances (just for kids in high school and up). Kids should learn how to budget their own money. If they spend their monthly allowance in one day, it's okay. The next month they will learn from their mistake. Spending all their money in one day is not good because now they know how to be broke. Next time they will save it for future use.

4. Don't take them whenever you go shopping. If they do come with you, don't buy the anything they want. Next time you go shopping they will not go with you even if you ask because they think you're boring and they know that they will not get anything they want. Buy them only what they need.

5. Assign them chores in the house. In other countries, rich children have maids and when they grow up they don't have skills because they never had the chance to learn housework. When their parents are gone they don't know what to do with their inheritance that they lose in a heartbeat.

6. Don't buy them gifts on their birthdays. Instead, buy them savings bonds, stocks; put the money on their savings or educational IRA/ESA. Encourage guests not to bring gifts. If they really willing want to bring gifts, tell them to give cash or buy savings bonds instead.

7. Teach your children (elementary) how to count money. Teach them the value of the dollar. Tell them that money will grow if they save them.

8. Tell your kids (high school) to watch CNBC or History Channel instead of watching MTV. You parents too, instead of watching drama series, you can learn a lot by watching CNBC and History Channel.

9. Talk about money at dinner. As a Parent, if you are in real estate, talk about real estate at dinner, if you are in stock investing, talk about it at dinner. If you want them to be a lawyer, doctor, or engineer then talk about it at dinner. Just don't force them to be what they don't want to be. Talk to them about successful people like Bill Gates and Donald Trump.

10. The most important thing you can teach your children is to teach them how to manage money (bookkeeping). For elementary age, whenever you give your children money, ask them what happened to it the next day. You'll be surprised what happened. If they lost it, then they need money counseling. Bottom line is they have to account for it. With teenagers, tell them to give you a breakdown of how they spend their allowance for the month. It doesn't matter what they spend the money on. Don't be mad if they bought something that you don't like. Bottom line is they have to know what they spend their allowance on. Bookkeeping is one of the skills a businessperson should have. If they can't account for what they spent on monthly, then how are they going to account a large amount of money in the future.

There are more ways to teach you children about money. The most important thing is you have to teach them when they are really young. Teach them now!

For more information on How To Raise A Millionaire, please read the book "Discovering True Wealth" written by Erwin Bogs Rempola available at online bookstores worldwide.

Self-made millionaire: Don’t take no for an answer

Venture capitalist Neville Jordan says he has spent a lifetime ignoring people who told him his ideas would not work and should not be done. The technology entrepreneur, listed on last year’s National Business Review Rich List as worth $70 million, advised science and creative arts graduates at last week’s Auckland campus graduation to do the same.

“Allow yourselves that feeling of pride as you receive your degree, savour the moment and the satisfaction of graduating but do leave some room for that little internal voice – ‘what else is possible, what might others say that can’t be done but which might lead me into new and interesting pastures?’,” Mr Jordan said.

The Endeavour Capital Ltd chairman and Royal Society president recalled lying about his age at 13 to get a job in the freezing works over summer and cleaning Wellington sewers to make money during the other school holidays before going to university. His father had died when he was young, so he had to finance his studies through those jobs and a bank loan.

As soon as he had repaid the loan, he left his public service job (against his boss’s advice) to go to the United States on a Rotary study award that took him to the Apollo Centre mission control in Houston. “That changed my life.”

He returned, worked for IBM for five years then left to form his own company (also against his managers’ advice) making communications equipment.

The company grew, he floated it on the American stockmarket (despite colleagues’ saying it was too risky), merged it with an American competitor, enabling him to sell shares and create a $40 million venture capital fund, which he invests solely in New Zealand science, technology and creative companies.

“I’m not saying ‘you can’t do that’ but rather ‘here are some ideas how we can proceed, here is how we can support your enterprise, have you thought of this, what do you think about that?’.”

Want to be a millionaire? Build savings, little by little

The Minneapolis- St. Paul Star Tribune
Published Saturday, April 21, 2007
Who hasn’t dreamed of becoming a millionaire? For many, this dream typically includes a lottery win, a professional sports career, perhaps marrying rich. Rarely does it revolve around saving $50 here and there.

Yet ask any financial adviser about their millionaire clients and they’ll say they have at least one "millionaire next door" - the guy who’s worth seven figures, but lives life as if his bank balance has fewer zeroes.

It’s those clients that inspired Kevin McKinley, a certified financial planner with Robert W. Baird & Co., to analyze his family’s finances to find ways to save money "with minimal loss of enjoyment or satisfaction." Finally - a list that doesn’t include cutting out lattes or canceling cable.

McKinley is finding that his bag of money-saving ideas keeps growing; once you start thinking this way, it’s hard to stop. Here are my 12 favorite money-saving tips - in no particular order - from McKinley’s list.

● Cancel your gym membership. It’s cheaper to pay per visit if you rarely go. Another option is to exercise outdoors, or at home.

● Consolidate your credit cards. Find a low- or no-interest offer and pay less in interest and fees.

● Shop around for prescriptions; prices vary. You might qualify for help through the Partnership for Prescription Assistance (www.pparx.org).

● Save more for retirement. Contributing to your workplace 401(k) will reduce your taxable income. You may even get additional matching money from your employer.

● Raise your insurance deductibles. Doing so should reduce the premiums you pay. Be sure you can afford to pay the deductible, though.

● Boost interest rates on your savings. Move money earning next to no interest into an account earning a higher rate.

● Try the "un-happy" meal. Keep a bag of cheap toys in your car and order off the dollar menu for your small kids.

● Ask for a cash discount. It doesn’t hurt to try. Stores pay an "interchange fee" of 1 or 2 percent for Visa and other card companies to process customer payments.

● Talk to your neighbors. Companies might give price breaks for services if your neighbors sign on too. This strategy works well for other stuff. Do we each need our own snowblower or chainsaw?

● Get an air popcorn popper. It sounds quaint, and microwave packets are so easy, but McKinley estimates that microwave popcorn costs 10 times more than a jar of kernels.

● Don’t buy or rent DVDs. Take full advantage of your cable package and record movies, whether on a digital video recorder or good old VHS.

● Ask for a fee waiver. Say you’re hit with a bounced check fee or are told a money order will cost you. Tell your bank you don’t want to pay the fee. McKinley says: "What’s the worst they can say?"

Make Your Child A Multi-Millionaire

Earlier this month, in Pensions For All The Family, I wrote about my search for a first-rate pension to help me invest for retirement. After days of number-crunching, I decided that the best option was to open a DIY pension known as a Self-Invested Personal Pension, or SIPP. With a SIPP, I enjoy complete control, freedom and flexibility over which assets I keep inside this tax-free wrapper.

For the record, my research revealed that the Hargreaves Lansdown Vantage SIPP had the lowest charges of any SIPP. It has no set-up fees, no or low ongoing management fees, low share-dealing commissions, and offers deep discounts via the HL fund supermarket. You can order a brochure for this SIPP here.

At the same time as starting a SIPP for myself, I also opened one apiece for my young son and daughter. My intention is simple: to take advantage of many decades of growth to create financial security for my children by providing them with large pension pots. Indeed, if they decide to retire at, say, age 68, then my daughter has roughly 65 years to go and my son has over 62 years.

What's more, although neither of my children pay tax, they can still claim basic-rate tax relief on gross contributions of up to £3,600 per tax year. Thus, even though my children have never, ever paid tax, for every £78 that I contribute to their SIPPs, the government adds a tax refund of £22. In effect, paying into their pensions means £1 turns into £1.28 on day one, which is a 28% uplift.

So, by taking advantage of over sixty years of growth, plus tax relief, my modest contributions can produce spectacular results. For example, let's say that I decide to contribute the maximum £3,600 a year to my three-year-old daughter's SIPP for the next five years. If this grows at, say, 9% a year after charges, here's what she can expect to have at age 68:

Tax year
Net

contribution (£)
Gross

contribution (£)
Value at

age 68 (£)

2006/07
2,808
3,600
975,045

2007/08
2,808
3,600
894,537

2008/09*
2,880
3,600
820,676

2009/10*
2,880
3,600
752,914

2010/11*
2,880
3,600
690,747

Total
14,328
18,000
4,133,920




*Note that basic-rate tax relief on pension contributions falls to 20% from the 2008/09 tax year onwards, which means that my net contributions will have to increase to £2,880 in order to invest £3,600.

As you can see, my contributions over five tax years total £14,328, or £18,000 after £3,672 of tax relief is added. However, growing at 9% a year after charges, this pension pot would be worth over four million pounds in 65 years' time. This neatly demonstrates the remarkable power of compound interest over long periods of time.

Alas, the big problem with the above calculation is that it doesn't take account of the impact of inflation, which is the tendency for the cost of goods and services to increase over time. So, let's assume that my daughter's pension pot grows at, say, 5% a year above inflation, which is similar to stock-market returns over the past century. At 68, her pot will be worth £390,150 in real terms, after adjusting for inflation. This could buy her a pension worth roughly £20,000 a year in today's money, which would be pretty useful.

Finally, unless I live to the grand old age of 104 years or thereabouts, then I'll be long dead and gone when my daughter and son come to claim these pensions more than six decades from now. Hence, I've decided to place my children's contributions into the cheapest, simplest stock-market investment available: an index-tracking fund. Armed with their index trackers, all my children need to do is sit back and wait for compound interest to work its magic -- assuming that the world as we know it still exists in 2072, that is!