Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Tue, 23 Oct 2018 00:03:14 EDT en-us The Independent Investor: The Student Loan Crisis http://www.iberkshires.com/blogs/Bill_Schmick?bid=3740 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3740 Thu, 18 Oct 2018 16:14:00 EDT   Student loans have now become the second-largest pile of consumer borrowing, after home mortgages. What's worse, it is the fastest growing slice of American household debt and shows no sign of slowing down.   Young Americans are going to college in droves. At the same... @theMarket: Will China Be Next? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3731 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3731 Sat, 06 Oct 2018 10:37:00 EDT After this week's trade deal between the U.S., Mexico, and Canada, investors are waiting to see if China will now come to the table. What would it take for that to happen?   Mid-term elections could be the trigger. It wouldn't surprise me to see a deal before November... The Independent Investor: Estate Planning Is for All of Us http://www.iberkshires.com/blogs/Bill_Schmick?bid=3730 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3730 Fri, 05 Oct 2018 14:32:00 EDT Here is a trick question. What did Aretha Franklin, Tupac Shakur, Martin Luther King, Jr. and Abraham Lincoln have in common? They are all famous people who died without a will.   In the case of the "Queen of Soul," she died in August leaving $80 million and according to... @theMarket: The Market's Last Quarter http://www.iberkshires.com/blogs/Bill_Schmick?bid=3727 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3727 Fri, 28 Sep 2018 16:29:00 EDT Today marks the end of the third quarter for stocks in 2018. But it is the fourth quarter that will determine what kind of year it will be. Let's place our bets.   First, we should look at what could go wrong over the next three months. Tariffs probably lead the list. More of... The Independent Investor: Credit Freeze for Free http://www.iberkshires.com/blogs/Bill_Schmick?bid=3726 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3726 Thu, 27 Sep 2018 15:30:00 EDT It just got cheaper to freeze your credit files, thanks to the Economic Growth, Regulatory Relief and Consumer Protection Act. But should you do it?   The law, signed by President Trump back in May, only took effect this month. It requires the three major credit reporting bureaus... @theMarket: Record Highs and More to Come? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3722 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3722 Fri, 21 Sep 2018 16:03:00 EDT The Dow and the S&P 500 Indexes made record highs this week. That's right, we broke the levels of January and we closed out the week holding these new higher levels. So much for the bear's prediction of a 5-7 percent pullback.   Over two weeks ago, when I published my... The Independent Investor: Dogs and Their Cars http://www.iberkshires.com/blogs/Bill_Schmick?bid=3721 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3721 Thu, 20 Sep 2018 16:50:00 EDT Pet ownership in America is well over 50 percent. Nine out of 10 of these owners view their pet as part of the family. As such, dollars spent on traditional pet ownership areas such as food, veterinary needs and boarding have expanded to include things like exercise and travel. For more and more... @theMarket: September's stock market http://www.iberkshires.com/blogs/Bill_Schmick?bid=3709 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3709 Fri, 31 Aug 2018 16:47:00 EDT Next week, Wall Street's big boys return to their offices. Campaigning for mid-term elections moves to the front burner, and tariff threats between the U.S. and China will likely escalate. Welcome to one of the worst months of the year for stocks.   It is true that both... The Independent Investor: How Prepared Are You to Sell Your Company? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3708 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3708 Thu, 30 Aug 2018 19:24:00 EDT If you are a small-business owner and are toying with the idea of someday selling your company, you should pay attention. Only one in five small businesses put up for sale result in a closing. How do you become one of those success stories?   Where I live and work, nestled in the... @theMarket: Record Highs Coming Up? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3703 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3703 Sat, 25 Aug 2018 11:10:00 EDT As of Friday, we were in striking distance of a record high on the S&P 500 index. We have been here before, but something tells me that this time we just may break through. But for how long?   Granted, stock market volumes are exceptionally light, which is understandable, since...