DEAR MR. BERKO: In May 2013, I bought 1,000 shares of First Trust Intermediate Duration Preferred & Income Fund at $25, which were supposed to pay me 15.2 cents a month, or a 7.3 percent annual yield. The symbol is ...
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DEAR MR. BERKO: We have a rollover individual retirement account with a market value of $318,000. It’s very important to us, and we’ve had the same broker since my husband left his previous employer and went into business for himself ...Read More »
DEAR MR. BERKO: My neighbor subscribes to The Value Line Investment Survey, which recommended the stock of Frontier Communications, which yields 7.5 percent, and Annaly Capital Management, which yields 11 percent. He gave me copies of Value Line’s write-ups on ...Read More »