Why You Should Save For Retirement Over Education: Money in 60 Seconds

What should be a bigger priority for me: saving for my children's education or saving for retirement?

This one hurts me. It hurts me to say this, because I've got children, and I really like 'em a lot. It's gotta be your retirement. I know that doesn't feel right as a parent, but if you have to make a choice, there are scholarships and there are loans for college. Nobody ever got a scholarship for retirement. And so this is one where you need to strap your oxygen mask on before assisting others, and — as much as it hurts me — to put yourself first.

The stock market's had a good year so far. Is now a good time to invest?

Yeah! Wow, what a difference. Remember December? I remember sitting, December 24th, when the market was down like 2.4 or 2.5% and it was just like [choking sound]. And it's up 16% since then. Now it feels like, gosh, maybe this isn't a good time to invest. But let's be perfectly clear: You have no idea. And anybody who says they have an idea has no idea. No one knows where the market is going from one week or one year to the next. There are just too many factors into it. So you want to — for those of you who are familiar with the term — dollar-cost average. For those of you who aren't, you want to invest through up markets and down, a bit out of every paycheck, sometimes it'll be lower, sometimes it'll be higher, and then it evens out over time which doesn't feel sexy, but actually is very sexy. It's very sexy in order to earn market returns, because most folks don't.


And go deeper on topics like cybersecurity and artificial intelligence at Microsoft on The Issues.


Is WhatsApp safe?

WhatsApp had a crazy hack! Hackers were able to get on your phone just by calling it. That's been patched but it's a reminder nothing is ever completely safe in 2019.

Why didn't Uber's IPO perform as promised?

Because they're losing tons of money. Because Lyft didn't do that well. Because their expansion into international markets, where they planned to go, has been harder than expected. Tough times at Uber.

Will cutting Huawei off from American technology hurt?

Trick question! Will it hurt Huawei? Yes, definitely. Will it hurt the American companiesthat supply Huawei? Yes definitely. Will it hurt consumers everywhere? Probably. Unless it changes the dynamics of the U.S. - China trade relationship in such a way that helps everybody, which is possible.

Should more cities ban facial recognition technology?

There's a tradeoff between privacy and safety. San Francisco just blocked facial recognition technology to help privacy but I think most cities are going to care more about their police departments being maximally effective and will choose safety.

In recent years, the accelerating cross-border flow of migrants fleeing violence and poverty has remade the politics of Europe and the United States. A startling new study from Stanford University warns that the conflicts we've seen to date may just be the opening act of a much larger and more dangerous drama.

Here's the study's argument in brief:

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President Donald Trump again dramatically escalated the stakes in the US-China rivalry on Wednesday with a move that made headlines in the US while landing like a grenade in Beijing.

The US Commerce Department announced yesterday that Huawei, China's leading tech company and already the source of major controversy, has been added to a list that prevents US tech suppliers from selling to Huawei without a license. That's even more important than the executive order, also published yesterday, that bans US telecom companies from using Huawei equipment.

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Voters in Australia head to the polls tomorrow to elect a new government. Though few outsiders closely follow politics in this country, this election tells interesting stories about three of the most important issues in today's world: Immigration, climate change, and managing changing relations with China. It's also a country with a steady economy—but lots of political turnover.

Consider:

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