Student Loans vs Retirement: One is Already Winning

Posted by David Siminoff on 12/6/18 8:30 AM
Pink unicorns. Humans who fly (without tech help). Bigfoot. Nessie. Can we add "low-stress retirement" to that burgeoning list of myths in our modern society? 
How many times have you heard your grandparents mutter wistfully about a simpler time ? Money was different—looser, cheaper, and easier to come by. Pensioners (old people living on 401k-like savings) had enough money to cover their nut, or living expenses . They typically fully-owned their homes. There was a culture 50 years ago which shunned plastic (credit cards), debt in general (car loans), and viewed a mortgage as a 30 year loving slog to be paid off
Read More

Topics: Finance

There is a bifurcation in America regarding access to public services.

Posted by David Siminoff on 11/27/18 8:14 AM
Recently, Alexis Madrigal wrote an article for The Atlantic taking umbrage (feigning surprise?) at the notion that there is a bifurcation in America regarding access to "public" services. The cover ran a picture of a big Malibu blaze from the recent fires and discussed, more or less, how appalling it was that the wealthy—who own large, expensive (and expensive-to-insure) homes... should have quasi-private firefighters called out to help them in times of need. 
Read More

Topics: Finance

Monopolies can be good if you own one. Here's how to get there.

Posted by David Siminoff on 11/15/18 4:08 PM

They switched mailing addresses. Headquarters. The dazzling headline was basically "About A Third Of The Top 500 Execs Are Moving To The East Coast" - and a sub-titled "Into Two Buildings". That was more or less the crux of the story. Huge screamy national news. Sorta of the same global import as the Normandy Beach storming, right? 

That's how big Amazon has become. That's how powerful they are. Are they a monopoly now? Are they that good? ("Yes, monopolies are in fact good if you own one." - Bill Gates) But of course they're not a monopoly .. yet. Maybe they have a call option on being one. David Faber is even threatening to do a story on them: The Amazon Generation (when he produced for CNBD The Wal Mart Generation, it was within 5 minutes of WMT's peak).

Read More

Topics: Finance

Have a question about the article?

Information is Power.

Tips, tricks, news, and more. Stay ahead of the game on school, college, careers, finance, and life. 

Want more about of Shmoop? Try Shmoop Premium. 

  • No ads
  • AP Prep 
  • Test Prep
  • College Prep
  • ACE-accredited Courses
  • Finance Courses
Start Shmoopin'

Join our Newsletter.

Recent Posts