Now that American Airlines is going to merge with US Airways Group Inc., do you think the resulting company will be a good investment?Read More »
Like most of us, I am looking for higher yields on my certificates of deposit. I have a $7,000 CD, which paid 4.5 percent, that recently came due, and a neighbor, whose husband works in France for an American drug company, told me that they recently bought 300 shares of a French utility called GDF Suez, because it yields 9.2 percent.Read More »
I know the Securities and Exchange Commission tells us not to use past results to judge future performance, but we must select five mutual funds for our 2-year-old granddaughter, whose parents are the most financially naive couple — my wife says stupid — in the Midwest.Read More »
I needed a professional whom I couldn't intimidate (this is important) and who would ask questions about my investment choices, keep me on my financial tiptoes and could make sure that my personal feelings or emotions did not compromise my investment decisions.Read More »
Your answer last month to CC in Vancouver, Wash., about taking $9,000 from his annuity for income confuses me. His adviser said that if he took more than 6 percent of his initial $112,000 investment, or $6,720, his annuity value would be reduced by the difference between the $9,000 he would take and the $6,720 he was allowed to take, or $2,820.Read More »
In the summer of 2009, I had $5,000 to invest in my individual retirement account, and my broker recommended I buy 500 shares of Rackspace US Inc. at $9, and I'm glad I did. The company is in San Antonio, and my husband and I have a friend working there who tells us how enthusiastic he is about this company.
Tagged with: appleRead More »
HSBC Holdings PLC was fined $1.92 billion recently for helping terrorist nations launder trillions of dollars, and its stock actually appreciated after the announcement. The increase in stock price certainly impressed me. So do you think 200 shares of HSBC would be a good long-term investment?Read More »
I'm 41 and divorced with two children. And, thanks to my super dad, I've had a great job for 11 years, with excellent benefits and a very good retirement plan. I have an individual retirement account worth $109,000, consisting only of stocks you have recommended in the past eight years. I got a good bonus this year, and my dad, who retired from Kimberly-Clark, recommends I buy 100 shares of that corporation. What do you think?
Tagged with: stocksRead More »
I want to make a gift to Morning Star Development, an evangelical missionary organization that sends laypeople, doctors, nurses and teachers to Afghanistan to provide schooling, irrigation projects, medical care and nursing care to the poor people who live in the mountain villages. I have three stocks, each worth about $6,000, and want to contribute one of these three for the organization to sell and use the proceeds for its good work.
Tagged with: BerkoRead More »
I am 63 and recently got laid off after 31 years with a Fortune 500 company. Considering the economy here and overseas, why would stocks increase in price? We have a record national debt, and the Federal Reserve prints $85 billion of new money every month and gives it to the banks that won’t lend it to consumers, who are charged $49 to bounce a check.
Tagged with: ObamaRead More »