I just finished reading "Why I Left Goldman Sachs," a revealing expose written by Greg Smith, a 12-year veteran.
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My pharmacist son-in-law likes to research small, unknown stocks that trade below $10 a share and invest in a few hundred shares of each. He has had a few big wins, but over the past decade I think his many small losses have used up most of his big gains.Read More »
We have an insurance agent who sold us a Mercury General automobile insurance policy and told us if we also purchased our homeowners policy from Mercury that we could get a big reduction in our rates.Read More »
I work for Social Security and have their Thrift Savings Plan. I would like to transfer some of my money from the very conservative and guaranteed G Fund that just pays about 2.2 percent to the F Fund that pays 4.28 percent but isn't guaranteed even though the money is in bonds.
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Our broker wants us to buy 300 American Express for our growth and income portfolio. Please advise.Read More »
I asked my broker about a good inflation hedge, and he pushed us to invest $25,000 in American Century Global Gold Fund. My wife and I are very concerned about inflation when we both retire in nine years at age 67. We have a $141,000 portfolio of income/growth stocks you recommended in the past, and we reinvest all the dividends as you recommended.Read More »
I want to invest about $50,000 in gold or silver or gold bullion or coins as an inflation hedge. Then, 21 years from now, when I'm 67, I'll retire and then sell the gold or silver and invest the profits in stocks and bonds that pay good income.Read More »
I'm a married, 37-year-old, self-employed plumber with three children and have barely managed to keep my head above water these past few years. Because I'm a conservative investor, the broker for my small pension plan wants me to buy $5,000 of the Goldman Sachs Growth & Income Fund, which is up over 12 percent for this year.Read More »
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.Read More »