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College savings accounts are not risk-free

 

A national debate over whether to tax “529” college savings plans has turned the spotlight on these plans and how they work. Do they really help parents save the money their kids will need for college? The answer depends on how they are invested and how they are managed. read more…

More stimuli equal higher markets

 

We can thank Mario Draghi, the head of the European Central Bank, for snapping the stock market out of its month-long lethargy. This week, the ECB launched a trillion dollar program of monetary stimulus that gave investors worldwide a shot in the arm. read more…

30 Minutes

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College savings accounts are not risk-free

 

A national debate over whether to tax “529” college savings plans has turned the spotlight on these plans and how they work. Do they really help parents save the money their kids will need for college? The answer depends on how they are invested and how they are managed. read more…

More stimuli equal higher markets

 

We can thank Mario Draghi, the head of the European Central Bank, for snapping the stock market out of its month-long lethargy. This week, the ECB launched a trillion dollar program of monetary stimulus that gave investors worldwide a shot in the arm. read more…

The tail that wagged the dog

Rarely do we see a single financial asset, in this case oil, have the ability to sway the prices of trillions of dollars worth of investments on a daily basis over such a prolonged period of time. read more…

What will the New Year bring?

crystal-ball-875370-sIt was a good year for the stock market. The S&P 500 Index was up in excess of 12.5% with the other averages putting in a good performance as well. Naturally, investors are hoping for another year of stellar returns. Is that a reasonable expectation? read more…

What’s happening to the movies?

Have you noticed that American movies seem to be long on bullets and increasingly short on words? That despite flop after flop at the box office, the same movies are coming out with sequels? Get used to it because, increasingly, American viewers are a distinct minority when it comes to the box office. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More

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