DEAR MR. BERKO: I’m 71 and retired. I own a duplex with no mortgage, and I live in one side and rent the other. I have $186,000 in my individual retirement account ($88,000 of which is in an IRA ...Read More »
DEAR MR. BERKO: I want to invest $51,000 in high-yield preferred stocks (I can afford some risks) and need to get as close to 11 percent as possible. A friend of mine recently invested $38,000 in preferred stocks and recommended ...
Tagged with: American Community Development Group Banco Santander ImmunoCellular Therapeutics Malcolm Berko preferred stocks PrivateBancorp Stock Yards Bank & Trust Taylor Capital Group Terra Tech Yukon GoldRead More »
DEAR MR. BERKO: I have $11,000 to invest for my individual retirement account and have been looking at American Airlines Group Inc., which is the new company formed when US Airways Group merged with American Airlines. I’ve sent you my ...Read More »
DEAR MR. BERKO: In early 2012, you recommended Flagstar Bank at 80 cents a share, and I bought 3,000 shares for $2,400 as a speculation. Flagstar had a 1-for-10 reverse split, and I now have 300 shares that trade at ...Read More »
DEAR MR. BERKO: In 2008, you recommended Bank of America’s 7.25 percent convertible preferred stock at $720 a share. It yielded 10 percent, and you said it was a safe investment. We bought 30 shares for $22,000, and they’re now ...Read More »
DEAR MR. BERKO: I want to invest in a solar energy/utility stock, and my broker recommended that I buy 200 shares of a company called SolarCity, which he says is run by the same person (Elon Musk) who runs Tesla ...Read More »