DEAR MR. BERKO: Please explain moat stock and tell me whether Apple is a moat stock. Our broker believes that Apple could go to $150 a share this year and advises us to buy 300 shares. We would appreciate your ...Read More »
DEAR MR. BERKO: Please explain dumbbell investing. We have $166,000 to invest and the broker recommended a strategy called dumbbell investing. Next question: What’s wrong with young people today? Our 33-year-old son graduated from University of California with a 3.79 ...
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DEAR MR. BERKO: When American Airlines came out of bankruptcy in December 2013, I invested $9,600, buying 400 shares at $24. My wife’s been telling me to sell for over a year, but my gut says to hold. Your opinion ...Read More »
DEAR MR. BERKO: I have $48,400 to invest and want to get an 8.0 percent yield on a portfolio of dividend stocks. I want stocks that trade only on the New York Stock Exchange, and I don’t want cheap stocks, ...Read More »
DEAR MR. BERKO: We’re 59 and both retired with a decent municipal pension. We have too much cash in our money market account and the adviser thinks we should buy 100 shares of NextEra Energy. This stock has a low ...Read More »
DEAR MR. BERKO: Why did American Express lose the Costco account? We have 300 shares of American Express that we bought at $64 in 2013 and it hasn’t done well since. Our broker of 16 years wants us to sell ...Read More »