I recently wrote about reverse mortgages for Living on the Cheap for one reason: I was curious! How else do writers get ideas? The problem of being house rich and cash poor can hit at any age, but it is especially painful for someone who is retired. A reverse mortgage is a fancy name for… [Read More]
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Penney’s, Sears, activist investing, and hedge funds
Two American retailers, Penney’s and Sears, are on the verge of collapse. They both faced the same problem: how to stand out in a crowded retail market. Both companies have plenty of competition, not just each other. They compete against such department stores as Kohl’s and Dillard’s, Macy’s and Target as well as against Bed… [Read More]
Paying for college: My MOOC experiment
So much of the discussion about the modern collegiate market is about online courses. Will they be cheaper than traditional courses? Will they be as effective – or more effective? What types of students will benefit the most from them? I have opinions (oh, do I have opinions!), but that’s not a substitute for data… [Read More]
