DEAR MR. BERKO: I just retired at age 67, and my certified public accountant, who is a friend, insists that I hire a money manager to run my $680,000 individual retirement account. Do you have any idea how difficult it ...Read More »
DEAR MR. BERKO: My broker is touting a low-priced telephone company called Cincinnati Bell and seems to have an inside track on the company. He thinks that changes in the direction of the company’s business to a fiber-optic cable communications ...Read More »
DEAR MR. BERKO: I was looking at the Yorkville High Income MLP ETF, which is an energy-related issue that has fallen almost 50 percent in value from its high price but yields a very good 14.2 percent. Though the value ...Read More »
DEAR MR. BERKO: My 67-year-old father will retire late this year and need at least $24,000 annually – plus annual inflation adjustments – from his nearly $600,000 individual retirement account. His broker, who I think is a dummy, discussed his ...Read More »
DEAR MR. BERKO: In the summer of 2008, when the stock market was tanking, I had $1,500 to risk and bought 50 shares of Actavis PLC at $21. Now my husband is pressuring me hard to sell. He wants me ...Read More »
DEAR MR. BERKO: Last May, Congress stopped the National Security Agency from collecting and storing our personal and business calls on their servers. Our broker says the National Security Agency will require American Telephone to maintain all this information on ...
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DEAR READERS: Dozens of readers have asked about the Hostess bankruptcy and what I think the effects of automation (robots) will be on the future job market for their kids. I fondly remember Hostess, the maker of Twinkies. Our high ...Read More »