DEAR MR. BERKO: Please explain moat stock and tell me whether Apple is a moat stock. Our broker believes that Apple could go to $150 a share this year and advises us to buy 300 shares. We would appreciate your ...Read More »
DEAR BENNY: We plan to add a new room to our house and have talked with several contractors. We are about to select one but don’t know what kind of contract to use. Can you assist? – Betty DEAR BETTY: ...Read More »
DEAR MR. BERKO: Please explain dumbbell investing. We have $166,000 to invest and the broker recommended a strategy called dumbbell investing. Next question: What’s wrong with young people today? Our 33-year-old son graduated from University of California with a 3.79 ...
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The mortgage foreclosure rate has dropped to a more normal rate. This was the major point in a report recently issued by the Mortgage Bankers Association. “The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally ...
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Successful real estate investing requires math. It’s not rocket-science math, so don’t get anxious if you’re not a math whiz. But you do need to know how to do basic arithmetic very regularly. Two of the most important math formulas ...Read More »
DEAR BENNY: I am a board member of our association, and am responsible for landscaping, grounds maintenance and security. Over the years, our association has had a number of contractors who render service to us – whether this be in ...Read More »
DEAR MR. BERKO: When American Airlines came out of bankruptcy in December 2013, I invested $9,600, buying 400 shares at $24. My wife’s been telling me to sell for over a year, but my gut says to hold. Your opinion ...Read More »
DEAR BENNY: Our mortgage lender just sent us the yearly statement of interest that we paid in 2015, and we believe it is wrong. We obviously want to include the correct amount of interest on our tax return. What should ...Read More »