a blog about investing

Articles

Read A Few Dollars More articles

30 Minutes

Watch Bill Schmick’s TV series

Latest Posts

Markets are at an important level

Stocks spent the last week consolidating. It was a necessary exercise, since stocks were overbought. Now that condition is behind us, and markets climbed higher by the end of this week. We are now at an important level. Call it a moment of truth that will indicate to investors whether the correction is over. read more…

The Rise of the Robots in banking

If you think the human factor is rapidly disappearing from the workplace, you may be surprised to know that Skynet has arrived and even C-3PO and R2-D2 are being left behind. Nowhere is this change more apparent than in the nation’s banking system.   read more…

Markets need a break

The stock market has climbed 10% in the last three weeks from its February lows. That is a substantial gain, over a year’s worth of historical performance for the S&P 500 index. And as such, it’s time for a break.sleep bulls read more…

30 Minutes

All Posts

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…

Could Greece upset the applecart?

 

 

This week a parliamentary vote to elect a president failed in Greece. National elections have now been called for late January. The outcome could trigger a revolt against an austerity program that has brought years of suffering and pain to the population. read more…

Santa comes to Town.

Pessimists are on vacation this week. It doesn’t matter that the indexes are overbought. That markets are hitting new highs without a pause. It’s Christmas and Hanukkah week. The Big Guy has come to town. read more…

IRA Distribution Time

Information abounds on why and when you should contribute to a tax-deferred savings plan such as an Individual Retirement Account (IRA). Less is known about what happens in retirement when you have to take money out of these plans. For those who turned 70 ½ years or older in 2013, pay attention, because it’s distribution time. read more…

It’s all in the way you say it

“I know nothing in the world that has as much power as a word.” Emily Dickinson

The Fed ended the stock market decline this week by simply changing a sentence or two. In the space of a few hours, global markets soared, creating billions of dollars in gains for investors worldwide. Don’t ever doubt the power of words. read more…

The election investors ignored

japan-flag-1421127-sLast weekend Japan held “snap” elections, which gave Prime Minister Shinzo Abe the mandate to continue his pro-growth economic policies. No one outside Japan seemed to care. The Nikkei stock market index fell 1.6% and traders moved on. That may prove to be a big mistake. read more…

Follow A Few Dollars More

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

Archives

Post Categories

Print Friendly