Dear Mr. Berko: A good friend, who is a mechanical engineer, just bought 8,000 shares of Capstone Turbine, a company he believes offers the best and cheapest power-generating sources in the country. The stock trades at $1.03, and I’d like ...Read More »
We told our son that if his high school grades were good, we'd pay for his college education. We consider his 3.36 grade point average very good. However, my job was downsized last March, and now we don't have the income to pay the $30,000 annual sum to cover the costs of tuition, fees, books and room and board.
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DEAR MR. BERKO: I recently celebrated my 80th birthday. I’m fairly healthy, and I have a good monthly income from Social Security and two pensions, plus more than $286,000 in the bank earning almost nothing. I figure that, at my ...Read More »
Dear Mr. Berko: Back in July, you wrote that the country would fall off a financial cliff if the Bush tax cuts were not extended by Congress. You predicted that the market would crash, that consumer spending would fall and ...Read More »
Dear Mr. Berko: I bought 200 shares of Fastenal at $44 in 2010 and now have 400 shares after it split 2 for 1 the following year. Fastenal ran up to $55 this year, but I didn’t think to sell ...Read More »