Best Investment on Wall St.? An NYC Taxi Medallion
New York City taxi medallions have outperformed practically every investment imaginable, including stocks, bonds, gold and oil, for years. And yes, you can get in on the action.
New York City taxi medallions have outperformed practically every investment imaginable, including stocks, bonds, gold and oil, for years. And yes, you can get in on the action.
With gas prices shooting ever higher, cities such as Chicago, Las Vegas and Miami have either allowed cab drivers to levy fuel surcharges or are considering them. But in New York, where the drivers of the nation's largest cab fleet are struggling to make ends meet, officials say a surcharge isn't even being considered.
Credit cards will take a traveler a long way in our cashless society -- as long as that traveler isn't trying to take a cab in Las Vegas. Taxis remain among the last holdouts in U.S. society's transition to plastic, a lesson travel writer Randy Diamond has learned the hard way.

