By Malcolm Berko
Published: May 21,2013
DEAR MR. BERKO: You have said often that the $85 billion a month the Federal Reserve injects into the banking system has forced stock prices to rise. Could you please explain why or how in simple layman’s English? Also, could you recommend some Japanese stocks that trade in the U.S. market? An article I read [...]
By Malcolm Berko
Published: May 16,2013
DEAR MR. BERKO: I was thinking of buying another 100 shares of Altria Group Inc. because it pays a 4.95 percent dividend and because it seems to be a decent growth stock. I bought 100 shares in 2010 at $24, and it has been good to me. According to Yahoo Finance, its revenues will increase [...]
By Malcolm Berko
Published: May 15,2013
DEAR MR. BERKO: I’m 76, and my husband of 51 years, who was a certified public accountant, died at his desk last February doing tax returns. My husband’s broker called to express his condolences and asked me to bring him a death certificate to transfer the joint account to a single account, which I did. [...]
By Malcolm Berko
Published: May 10,2013
DEAR MR. BERKO: I’ve worked for the government for 23 years. The government does all my retirement stocks and bonds, and it also gives me a good pension and pays for all my health insurance, which is lucky for me. Last week, my brother told me that he worries about the $16,000 a year he [...]
By Malcolm Berko
Published: May 6,2013
DEAR MR. BERKO: We just had our taxes done by Jackson Hewitt, and I was told that we will get a tax refund of $1,340. The certified public accountant who did our return recommended that we invest in stocks. He said we could make a lot of quick money if we used his friend who [...]
By Malcolm Berko
Published: May 2,2013
DEAR MR. BERKO: Please tell me what you think of VCA Antech, which sells for $21 a share. A couple of folks we know have had good results with a VCA clinic. – SA, Wilmington, N.C. DEAR SA: VCA Antech Inc. (WOOF-$21) was known as Veterinary Centers of America before it changed its name [...]
By Malcolm Berko
Published: April 30,2013
DEAR MR. BERKO: I would like to invest $100,000 of my individual retirement account (which is worth $330,000) in safe dividend-paying stocks and bonds. I am 65 and probably will start using some of this money for living and travel expenses. I met with a “retirement specialist” who is the CEO of his firm in [...]
By Malcolm Berko
Published: April 26,2013
DEAR MR. BERKO: In April 2005, I bought 140 shares of Johnson & Johnson at $72 (including commission). It’s now $80; in the past eight years, it’s gained only 8 points. I guess I should be glad I don’t have a loss. The company’s revenues, earnings and dividends (everything you consider important) have increased every [...]
By Malcolm Berko
Published: April 23,2013
DEAR MR. BERKO: I have been a widower for four years and helped raise six children, each of whom is mostly self-sufficient. My wife and I were very active in raising our children. I began taking Social Security at 70. I really don’t need this entitlement. Starting in 1968, I had a good job for [...]
By Malcolm Berko
Published: April 18,2013
DEAR MR. BERKO: We are nine guys living in a retirement golfing community who began an investment club in January 2003. We each started with a $5,000 investment ($45,000), and every January, we invest another $5,000. So far, we have invested $450,000 in capital, but 10 years later, after more than 150 meetings, we are [...]
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