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 »
There have been significant changes in the housing market in recent months. Examples: The all-cash share of home purchases has dropped to its lowest level since 2009. The number of institutional investor buyers is at a 15-year low. Distressed sales ...
Tagged with: institutional investorsRead More »
DEAR BENNY: My boyfriend and I have been living together for several years. We have decided to buy a house, and then in about a year, get married. Although we love each other, I have friends in similar situations who ...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 ...
Tagged with: Malcolm BerkoRead More »
A record number of prospective renters are actively seeking an apartment residence that meets their lifestyle needs. The national occupancy rate in May reached 95.3 percent, the highest ever, reports Axiometrics, a real estate analytics firm. “The May rate historically ...
Tagged with: Jim WoodardRead More »