MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Southern Berkshire Chamber     Lee Chamber     Lenox Chamber     Berkshire Community College    
Search
Home About Archives RSS Feed
The Independent Investor: Epidemic Pulls Pork Prices Higher
By Bill Schmick,
05:38PM / Thursday, May 16, 2019
The African swine fever could cause prices in China to spike 70 percent or more this year. The highly infectious disease is spreading throughout Asia and could lead to a large increase in the price of pork here at home as well.   Before you ask, this highly infectious virus, while deadly to pigs, is not harmful to humans. The problem is that when even one pig is tested positive, the entire herd needs to be slaughtered as quickly as possible. There is no cure.   The government is taking this epidemic seriously, and well it should. Tough new government rules have been implemented this month in Chinese slaughterhouses and processing plants to identify and test for

1 CommentRead More >>

The Independent Investor: What Does Your 401(k) Investments Look Like?
By Nate Tomkiewicz and Bill Schmick,
05:14PM / Thursday, May 09, 2019
It might surprise you to know that many retirement savers religiously contribute to their tax-deferred savings plans but have no idea what investments they own. Many plan representatives simply suggest that if you don't know, just invest in a target date retirement fund. Is this a good idea?   Most 401(k)s and 403(B)s plans, for example, have between 20 and 30 investment options you can choose from.  This menu of choices normally includes bond and stock funds as well as international funds. There are also balanced or blended funds, which invest in a mixture of stocks and bonds. Many plans also have some kind of annuity-like investment as well as target date

0 Comments
Read More >>

The Independent Investor: What You Need to Know (But Don't) About Buying an IPO
By Bill Schmick,
05:42PM / Thursday, May 02, 2019
An initial public offering of a stock, called an IPO, can be either a sucker's game or a chance for instant riches. Determining the outcome requires a great deal of work, knowledge, and luck. Most investors have none of the above when it comes to IPOs.   I want to share with you a recent conversation I had with a conservative client (a vegetarian and yoga teacher) on this subject.   "I want to buy some stock of this company that makes a vegetarian form of hamburgers. How do I do it?" she asked.   "Why do you want to buy it?" I asked, before explaining the mechanics of such a purchase.   "Well, it tastes

0 Comments
Read More >>

The Independent Investor: CBD Is a Real Market
By Bill Schmick,
05:28PM / Thursday, April 25, 2019
Cannabidiol is popping up all over the country. Local drug stores, supermarkets and health food shops, among other retailers, can't seem to get enough of this stuff on the shelves. Is this a fad, a fake, or does it have some real health benefits?   It's called CBD, for short, and this oil can be eaten, inhaled, and/or applied to the skin.  It is a substance extracted from the flowers and buds of the marijuana and hemp plant. And no, before you ask, you can't get high from it.     Back in the day, (when I had hair to my shoulders, along with my buckskin jacket) I simply smoked marijuana or ate it in cookies. It contained THC. THC, a

0 Comments
Read More >>

The Independent Investor: The Cost of Rebuilding God's House
By Bill Schmick,
05:04PM / Thursday, April 18, 2019
Sometimes a tragedy can bring people together. In the case of the devastating fire that swept Paris' Notre Dame Cathedral, the world wept. But even before the fire was completely extinguished, the business community was already making plans to rebuild the 850-year-old edifice.   The price tag will likely be in the multibillion-dollar range. A preliminary assessment of the damage thus far includes two-thirds (about 100 meters) of the roof and the destruction of a spire, which the world witnessed on television. At least a 62-foot expanse of stained-glass windows was also severely damaged.   What we don't know as of yet, is how the 800-pipe organ, one of

0 Comments
Read More >>

NorthAdams.com is owned and operated by: Boxcar Media 106 Main Sreet, P.O. Box 1787 North Adams, MA 01247 -- T. 413-663-3384 F.413-663-3615
© 2008 Boxcar Media LLC - All rights reserved