Dear Mr. Berko: I have $64,000 invested in Chinese stocks, and I’m ahead by $6,000. What do you think of the Chinese market today for the next three years? Are there any Chinese stocks you would recommend? Also, what do ...Read More »
Dear Mr. Berko: Is it possible to explain — simply — how the U.S. is lending money to Spain, Italy and other European countries so that they can pay their debts? How important is Europe to the world economy and ...Read More »
DEAR BENNY: My wife and I signed a purchase agreement in June 2011 with anticipated delivery of November/December. In September, we were advised that delivery would be delayed until March/April of 2012. When we asked the reason for the delay, ...Read More »
Dear Mr. Berko: I'm a 35-year-old physician, and I'm finally getting married. A jeweler in Chicago has shown me a nearly flawless, $58,000, 5-carat diamond for my fiance’. It's a wonder to look at and seems like it could be a good investment. When I asked the jeweler how much this stone could be worth in 10 years, he couldn't answer me. So I'm putting this question to you. – WS, ChicagoRead More »
DEAR BENNY: We moved to Jacksonville, Fla., in 2010, but still own a home in Pensacola that we are renting to some friends. We got a check in the mail for an alleged overpayment from escrow. I remember telling my wife they had the home insurance wrong on the HUD-1 form, so we figured it was discovered and they reimbursed us. So we used the money to pay bills.Read More »
Dear Mr. Berko: I have a little over $12,000, and I would like to speculate with it and buy one of two stocks that trade below $10 a share. Please recommend a few low-price issues that can maybe double their value in two or three years. I don't want to lose this money, but I'm willing to take a chance if there's a possibility that I can double my money. – TJ, Rochester, Minn.
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