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@theMarket: Stocks Fall as Congress Fails to Act
It should come as no surprise that our politicians failed to compromise on a new bailout package this week. It is symptomatic of a country that suffers from a great philosophical divide. The only entity that investors can truly believe in is the Fed. Keep the faith. click for more
The Retired Investor: How Much Are Your Children...
The short answer is that they are afraid for their kids. It doesn't take a rocket scientist to understand that kids in a classroom are "super spreaders" of virus. Just think of what happens during the Flu season each fall and winter click for more
Long-Time Leader of Berkshire United Way Joins...
Hazzard has 30 years of experience leading and managing health and human service organizations. click for more
Create Strategies to Help Achieve Your Financial...
To achieve these various goals, you may have to follow different investment strategies – and you might have to make some tradeoffs along the way. click for more
@theMarket: Bailout blues
Investors have been giving Congress the benefit of the doubt — until now. A long-promised second tranche of fiscal stimulus was supposed to be passed by the end of the month. The clock is ticking, but the horse-trading has just begun. click for more
The Retired Investor: The Weakening Dollar
Sometimes, investors are so focused on the trees that they miss the forest entirely. Take the U.S. dollar, for example. It has been declining at an alarming rate, yet no one seems to care. click for more
What Should You Do With an Inheritance?
That's because the baby boomers – often referred to as the richest generation in history – are poised to transfer some $30 trillion in assets over the next few decades, according to the consulting firm Accenture. click for more
@theMarket: Vaccine-Driven Markets
Investors are caught in a tug of war. On one side are the growing cases of COVID-19 throughout the country. On the other, the expectations that a virus cure, or at least a vaccine, is just around the corner. The market remains in the middle. click for more
The Retired Investor: Bill & Barbara on Their...
Change has its own way of shaping our future. If you had asked me several months ago if I planned to do anything different, either personally, or career-wise over the coming decade, I would have answered with a resounding "no." And then the Pandemic of 2020 came along. click for more
North Adams Planners Eye Penalties for Permit...
The Planning Board is looking at a zoning change that would give it more authority over permit scofflaws.
$2.4M Grant Will Address Water Issues Around...
The city is using a $2.4 million MassWorks grant to fix infrastructure issues that have slowed attempts to redevelop the Blackinton Mill.
Mezze Restaurant Group Names Two New Co-Owners
In recognition of their many years of service and their importance to the future of the business, co-owners Nancy Thomas and Bo Peabody have announced Linda Stripp and Nicholas Moulton will become new co-owners of Mezze Restaurant Group.
Protect Yourself Against Financial Scammers
Consider this: In 2019, more than 3.2 million fraud cases were reported to the Federal Trade Commission, with identity theft being the most common type of fraud, accounting for about one-fifth of the overall cases. And fraudulent new accounts (mortgages, student loans, car loans and credit cards) amounted to about $3.4 billion in 2018, according to a study by Javelin Strategy & Research.
Licensing Board Withdraws Rusty Anchor's Serving...
The Licensing Board made an about-face and voted 3-2 to rescind the Rusty Anchor's temporary extension of the premise.
@theMarket: COVID Case Concerns Cramp Market Gains
The disparity between rising nationwide virus cases and a rising stock market finally took its toll on investors this week. While damage was sustained to the averages, it was far from a bloodbath. A few more days of the same back and fill would not be a surprise.
Williamstown to Try Outdoor Dining on Spring...
Despite the vagaries of Mother Nature and the voices of those who raised concerns about the plan, the town plans to temporarily close Spring Street to vehicles the next two Saturday evenings to allow outdoor dining.
The Retired Investor: Next Bailout Should Address...
The challenge we face this time around is twofold, in my opinion. We need to continue to help those who have been out of a job, as well as the thousands of workers who are now being laid off as the virus cases delay business re-openings in over half the country.
North Adams Movieplex to Serve Wine, Beer
The commission heard from theater manager Scott Ingalls and attorney F. Sydney Smithers on Tuesday to discuss the beer and wine application.
Managing Withdrawals Carefully Can Protect...
First of all, you need to establish a proper withdrawal rate – the percentage of your portfolio's value needed for one year's worth of retirement expenses.
Downtown Pittsfield's Ambassadors Ready to Assist
Their job is twofold focusing on concierge service and safety. The ambassadors are walking concierges. They are a welcoming, information sharing resource helping visitors and residents find parking, offering directions and wayfinding, and providing information on dining and shopping.
Williamstown Planning Board Stands by Pot Bylaw...
The Planning Board on Thursday decided not to try to alter the language of a bylaw proposal it approved back in March for the planned May town meeting.
@theMarket: Markets Celebrate Fourth of July
The continuing gain in jobs cheered equity markets on Thursday, just before the holiday weekend. Given the surge in virus cases in more than half of the United States at the same time, some investors were dumbfounded. They just don't get it.
The Retired Investor: Big Banks & Big Brother
One might question where and when will this creeping nationalization of the private sector economy come to an end. The Fed is already purchasing bonds from companies such as Verizon on the open market as well as bond funds and exchange traded funds. Will stocks be next?
Work to Achieve Your Financial Independence
Still, as we prepare to observe Independence Day, it's comforting to realize all the freedoms we still have in this country. And taking the right steps can also help you achieve your financial independence.
License Board Permit Rusty Anchor to Open Deck
The board voted 3-2 on Monday to allow the bar on Lake Pontoosuc to open up seating and serve beer and wine on its patio under the governor's orders for Phase 2 that allows for outside dining.
@theMarket: The Virus Versus the Fed
So, what happens now? Most likely, we get a few more rounds of positive economic data points, such as stronger retail sales, higher manufacturing numbers, etc., but those are "rebound" numbers from a low, low base.
The Retired Investor: Corporate Debt & the U.S....
The pandemic and its impact on the American economy required a drastic response from both the federal government and the Federal Reserve Bank. One of the most controversial, but necessary, steps taken by the Fed was to not only purchase private-sector debt, but implicitly guarantee that debt.
Spring Street Will Be Closed Saturday for Outdoor...
At the end of Monday's more than 2 1/2-hour meeting of the Select Board, Chair Jane Patton announced that the street will be closed from 4 to 10 p.m. Saturday.
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