In June 2010, a good friend of ours went to work for Sears Holdings Corp. My wife, who believes Sears will come back, wants me to sell this stock to purchase more Sears stock at $44. Would that be good to do?
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DEAR MR. BERKO: About two years ago, our good friends of 19 years, who are also our next-door neighbors, hired a new money manager. Seeing as these folks tend to be very critical and often find fault with many professionals ...Read More »
DEAR MR. BERKO: Instead of renewing a $7,000 certificate of deposit at JPMorgan Chase for 1 percent about a year ago, we bought 200 shares of JPMorgan Chase’s stock from Fidelity at $31 because it paid a 4 percent dividend. ...Read More »
DEAR MR. BERKO: We are in our early 80s and in good health. Four years ago, we had $106,000 in CDs and money market accounts. Today we have $88,000, earning less than 1 percent. Our balance is lower today because ...Read More »
DEAR MR. BERKO: Last May, when visiting with some family in Wisconsin, I shopped at a SuperAmerica convenience store and I was surprised when the owner (he said he was a franchisee) told me that his store was part of ...Read More »