I always chuckled in disgust as touting services blasted unsolicited advertisings across my monitor, such as "5 recommended high-yield REITs" and "stocks with 15 percent yields for current income."
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DEAR MR. BERKO: About two years ago, our good friends of 19 years, who are also our next-door neighbors, hired a new money manager. Seeing as these folks tend to be very critical and often find fault with many professionals ...Read More »
DEAR MR. BERKO: Instead of renewing a $7,000 certificate of deposit at JPMorgan Chase for 1 percent about a year ago, we bought 200 shares of JPMorgan Chase’s stock from Fidelity at $31 because it paid a 4 percent dividend. ...Read More »
DEAR MR. BERKO: We are in our early 80s and in good health. Four years ago, we had $106,000 in CDs and money market accounts. Today we have $88,000, earning less than 1 percent. Our balance is lower today because ...Read More »