DEAR MR. BERKO: Is McDonald’s stock one of Warren Buffett’s largest holdings? How many times has McDonald’s split? Please tell me when McDonald’s will split again. I bought 100 shares in October of last year at $94, and I’m ahead by only 7 points. Should I continue to hold this issue for future growth, [...]
DEAR MR. BERKO: I’m 68, and my wife is 66. I’ve worked as a diesel mechanic for 42 years, and my wife was head of our church’s religious school from 1997 until last year. I still work two days a week because we need the extra money, and my wife also works two days a [...]
DEAR MR. BERKO: Last April, IBM reported lower revenues and profits, and the stock dropped 25 points, to $195. I’ve been looking for an opportunity to buy the stock because the new CEO seems like a very sharp lady. So do you think this is a good time to buy 100 shares? Also, what do [...]
DEAR MR. BERKO: This may sound undoable, but I would like to be an aggressive investor with five or six speculative stocks that have good long-term potential (not more than three years) and get a dividend income of 5 to 6 percent. I have done some research and found a number of interesting stocks. However, [...]
DEAR MR. BERKO: Why is President Barack Obama reducing the amount of our future Social Security income increases, and why is he limiting the amount of money we can invest in our individual retirement accounts and 401(k) programs? I voted for Obama because I believed he represented justice, fairness, brotherhood and equality. But I didn’t [...]
DEAR MR. BERKO: Do you think interest rates are going to rise? Because I believe they will soon, I would like to sell U.S. Treasury bonds short. What’s the best way to do this? – PT, Cincinnati DEAR PT: A short sale is betting that an investment will decline in value, and if it [...]
Some readers have asked for my opinion on the Japanese stock market, the Japanese economy and the stocks of Toyota, Mitsubishi, Honda, Canon, Sumitomo and other large Japanese companies. Well, except for a few electronic gadgets, a 310-year-old samurai sword I own, four great Yokohama tires I bought for an SUV, and an old Honda [...]
DEAR MR. BERKO: I envy the politicians, including Bill Clinton and George W. Bush, who invested money in the deals with The Carlyle Group and made millions. Now that The Carlyle Group has come public (May 2012), it has lowered the bar and will accept a minimum of $50,000 (I can afford $125,000), and I [...]
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 [...]
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 [...]