Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Tue, 27 Jun 2017 13:30:44 EDT en-us The Independent Investor: A Tale of Two Charities http://www.iberkshires.com/blogs/Bill_Schmick?bid=3445 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3445 Thu, 22 Jun 2017 17:47:00 EDT As Senate Republicans unveil their version of a new health care law replacing the Affordable Care Act on Thursday, Democrats are already crying foul. But while politicians are busy back-stabbing each other, there are real people out there who are sick and getting sicker.   These are... @theMarket: Markets in Pullback Mode http://www.iberkshires.com/blogs/Bill_Schmick?bid=3442 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3442 Fri, 16 Jun 2017 17:31:00 EDT Technology stocks continued to consolidate while the Dow made new highs and the S&P 500 Index hovered just below historical highs. Throw in the fact that the markets are notoriously slow and biased to the downside during the summer months, and you have a recipe for further... The Independent Investor: A Tale of Two Charities http://www.iberkshires.com/blogs/Bill_Schmick?bid=3440 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3440 Thu, 15 Jun 2017 19:56:00 EDT We are a country divided. Washington is paralyzed. Half the country considers our president a joke and any and all legislation is dead on arrival, according to the TV talking heads. Social media is filled with outrage and despair. As a result, Americans are supposedly wringing their hands, or... @theMarket: FOMO Fuels the Markets http://www.iberkshires.com/blogs/Bill_Schmick?bid=3438 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3438 Fri, 09 Jun 2017 17:43:00 EDT The fear of missing out (or FOMO) has supported the stock market averages this week. Although it appeared that the indexes simply marked time, appearances can be deceiving.    We made new record highs again this week as investors piled into stocks on any sign of weakness. The... The Independent Investor: The Client Comes First http://www.iberkshires.com/blogs/Bill_Schmick?bid=3436 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3436 Thu, 08 Jun 2017 17:19:00 EDT As of Friday, putting a client's needs first becomes law. Despite a bitterly contested battle by brokers, banks and insurance companies to kill it, the on-again, off-again Department of Labor fiduciary rule becomes effective June 9, 2017. Investors should cheer the news. That's... @theMarket: Markets Still on a Roll http://www.iberkshires.com/blogs/Bill_Schmick?bid=3433 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3433 Fri, 02 Jun 2017 17:55:00 EDT Additional gains propelled stocks higher this week with all three averages closing at record highs once again. Despite the fact that more and more experts are warning of a possible fall in the averages, investors continue to pile into stocks. Should you? The short answer is no, wait for... The Independent Investor: Elder Care in an Age of Confusion http://www.iberkshires.com/blogs/Bill_Schmick?bid=3432 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3432 Thu, 01 Jun 2017 17:54:00 EDT Many Americans confess that they are confused when faced with the myriad Medicare choices available to them. Others are simply not planning, nor saving enough to meet the challenge of health care costs in old age. In response, a whole new industry has sprung up... @theMarket: Markets Climb Higher http://www.iberkshires.com/blogs/Bill_Schmick?bid=3429 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3429 Fri, 26 May 2017 18:37:00 EDT In the absence of any earth-shaking news, stocks tend to follow the recent trend. That trend, since the election has been up, so ... The question to ask: when we can logically expect that trend to change?   As readers may recall, my target for the S&P 500 Index is somewhere... The Independent Investor: Ready For a 20 Percent Correction? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3426 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3426 Thu, 25 May 2017 15:11:00 EDT As the stock market makes new highs, investors tend to get greedy. They also begin to believe that what has happened in the recent past will continue to happen in the future. Actually, history shows the exact opposite. It is time to give the potential downside some thought. Hope burns... @theMarket: The Trump Dump http://www.iberkshires.com/blogs/Bill_Schmick?bid=3425 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3425 Sat, 20 May 2017 10:09:00 EDT Investors were shocked this week when the U.S. stock markets fell almost 2 percent in one day.    Wall Street blamed it on the growing scandals engulfing the White House. However, there was little follow through despite predictions that this was the beginning of the...