MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Berkshire Chamber     Berkshire Community College     City of Pittsfield    
Search
Home About Archives RSS Feed
The Retired Investor: Auto Insurance Premiums Keep Rising
By Bill Schmick,
04:36PM / Thursday, February 15, 2024
Forget fuel and food, auto insurance leads the way in areas where inflation is ramping higher. The rise in premiums has far outpaced the overall inflation rate and we could see further gains in 2024.    Auto premiums are up 43 percent in the past three years and there is no sign the rate increases are over. In 2023 alone, auto insurance prices rose 19.2 percent, as registered by the Consumer Price Index (CPI). The January 2024 CPI data just released this week shows a 20.6 percent increase from last year. It is one of the greatest contributors to the inflation rate and exceeded the price gains in almost every other spending category.   Industry analysts'

0 Comments
Read More >>

The Retired Investor: Electric Vehicles Hit a Speed Bump
By Bill Schmick,
04:13PM / Thursday, February 08, 2024
Electric vehicles are piling up in dealer lots. Consumers are by-passing EVs for gas-powered autos and hybrids while unwanted EVs sit at the dealerships for months. Production is being cut at the Big Three auto companies. What happened to the EV boom?   The green revolution promised that electric vehicles were the wave of the future. Government incentives were offered to boost purchases in the name of clean energy as a way to fight climate change. Over the last few years, wealthy American consumers waited in long queues for their chance to plunk $75,000 or more down for their vehicular status symbol.   Auto producers worldwide scrambled to build their version of

0 Comments
Read More >>

The Retired Investor: Economics According to Trump Supporters Part II
By Bill Schmick,
04:32PM / Thursday, February 01, 2024
The economic condition of the country has convinced a minority of the population that the only person who can save the country from economic ruin is Donald Trump. The growing budget deficit and persistent inflation are two areas of growing concern for that bloc of voters.   However, more and more Americans are paying attention to those areas as we head into 2024. Last week, I pointed out some areas of economic contention between Trumpers and those against him such as illegal immigration. Inflation is another major gripe for Trumpers. That seems to fly in the face of economic facts.   The inflation rate has dropped in half over the last year, according to

0 Comments
Read More >>

The Retired Investor: Economics According to Trump Supporters
By Bill Schmick,
04:30PM / Thursday, January 25, 2024
Inflation, government spending, immigration, jobs, and fossil fuels are just some of the areas that are motivating partisan politics as we enter 2024. Both sides are adamant that their approach is correct. Is there a common ground?    In this land of deep divides, neither side seems willing to listen or understand the position of those who disagree. Today, I am giving my two cents on explaining why former President Trump's supporters believe their positions are best for the country and them. The hope is by deepening your understanding of the "whys," the willingness to compromise might also be enhanced.   The former president has the backing of

0 Comments
Read More >>

The Retired Investor: Stanley Cup Joins Long List of Fads
By Bill Schmick,
04:28PM / Thursday, January 18, 2024
Bell bottoms, Cabbage Patch dolls, pet rocks, Disney popcorn buckets — the list goes on. This year it is the Stanley Cup Quencher in a rainbow of colors. Fads are part of our society. They are different than trends or cults and most have a limited life.   There are fads everywhere you look. Fashion, diets, music, clothes, and especially toys. Who remembers the Power Rangers? They seem to come out of nowhere, blaze a path of widespread adaption by multitudes of people, and then crash into sudden decline seemingly overnight.   Take the Stanley Cup for example. I had no idea that the thermos company of my youth had transformed its reliable "hammer

0 Comments
Read More >>

Pittsfield.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