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Another record high


This off again, on again market continues to grind higher, if only by a few points, but it is the direction that counts. This week it was the S&P 500 Index’s turn to chalk up another record gain. And so it goes. read more…

The Millennials and Money

Recent studies indicate our nation’s youth are not investing in the stock markets. That’s nothing new. It takes a rare individual under the age of thirty to have the wisdom to invest at a young age. For those who do, their future could be golden. read more…

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Will the Fed Falter?


As we enter the fifth year of the Federal Reserve Bank’s grand experiment to save our economy, doubts are beginning to surface. After a wonderful run in the financial markets, investors are concerned that the Fed is planning to once again slow their stimulus program.  That would be a mistake. read more…

Rising interest rates spook markets


Over the last month the interest rate on a ten year, U.S. Treasury note has risen half a point.  That may not sound like much in a market that has seen nothing but declines in Treasury yields for years, but investors fear it is simply the start of something big. read more…

Retirement, who can afford it?


Most Americans’ retirement savings are under $25,000. That’s old news. The new news is that with social security in jeopardy, medical costs skyrocketing and the chances of living longer better than ever, how do you expect to retire in the years ahead? read more…

1995 Redux?

By my reckoning, this leg of the stock market rally began about a week after the presidential elections. The rally overall has been going on much longer. The question everyone is asking is how long it can go on without a major correction. read more…

Sticker Shock in the Housing Market


The housing market has been in the doldrums so long that most of us believe that when we are ready to buy a new home there will be plenty of deals out there. Think again, the rising costs of everything from land to labor are causing new home prices to climb. 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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