We Provide a Safe Place to Talk About Your Money

Welcome

At Berkshire Money Management, our experienced advisors actively monitor your investment portfolio. We aim to protect your assets and effectively manage your portfolio so that you can realize your financial goals. We also provide financial and retirement planning (including rollovers), financial solutions for college, estate planning, business valuation and other important financial services. Come visit our historic offices in the Berkshires and chat with one of our advisors–and say “Hi” to our pups!

The Extra Mile

Scott C. Little, Vice President, Berkshire Money Management

Scott C. Little, Vice President

Last Thanksgiving, a client emailed me, asking to transfer funds to another account of hers—electronically. But we can’t do that by email. So, I let her know I’d need to call her.

more
Zack Marcotte, Financial Advisor, Berkshire Money Management

Zack Marcotte, Financial Advisor

A client told me he had recently changed jobs and asked if I would roll over his 401(k)—into an existing Roth account. I asked if he knew whether his original 401(k) had been a traditional, or a Roth. Was he sure?

more
Bill Schmick, Managing Director and Portfolio Manager, Berkshire Money Management

Bill Schmick, Managing Director and Portfolio Manager

A family client of mine, led by an 82-year old widow and grandmother, gave me an opportunity to really reach out beyond just business. Over time, I grew to know the family and this lady rather well, and had come to appreciate our conversations.

more

Insights & Advice

The era of U.S. oil independence

Last weekend’s surprise drone attack on Saudi Arabia’s major oil fields was a disaster, but it could have been worse. Fifty years ago, an attack like that would have sent the world’s financial markets into a tailspin and rocked global economies. None of that happened–thanks to the U. S. energy production. Granted, there was an initial decline in the markets until the damage was assessed and experts concluded that the 5.7 million barrels per day (bpd) of crude production could be put back online within three weeks.  The short-fall represented about half of the Saudi’s daily production. Yet, the markets…

more

Maybe you’ll get Social Security after all

Dalton — If Sen. Elizabeth Warren gets elected president, maybe you’ll get Social Security after all. First, a warning: Beware political ideology masquerading as economics I see it on both sides of the aisle with “think tanks” praising a policy that fits their political narrative by bastardizing the math. Full disclosure here: I’ve never voted for Sen. Warren and I doubt I ever will. As an Independent, I vote Democratic from time to time. I’m a huge fan of Deval Patrick, the former governor of Massachusetts. I did vote for McCain over Obama, but then personally spent six figures supporting Obama’s…

more

Investors discover value stocks

Value stocks, those equities that have fallen out of favor, have made a comeback this week. These underpriced orphans have become the new darlings of Wall Street, while high-flyers (think software and some tech) have sold off. What does this say about the markets? The short answer is that we have more room to run. It means, in my opinion, that we will reach and break historical highs in the U.S. averages and that we should have fairly smooth sailing into October. If, at that point, there are breakthroughs in the trade issue and the Federal Reserve Bank cuts interest…

more

Current News: September 20, 2019 What’s a repo rate and why should the markets care?

The amount of cash available for banks to borrow over-night dried up this week for some reason. Interest rates on these short-term funds shot up to almost 10% as a result, which was four times the average of normal costs. This has not happened since the worst of the 2008 financial crisis. Should investors be concerned? Yes and no. What bothered most bond market traders was that no one knows exactly why this occurred. It happened on Monday. Market participants seem to agree that a confluence of events caused this week’s cash crunch. The first event had to do with...

read more