DEAR MR. BERKO: In September 2011, you recommended the Nuveen Municipal Value Closed-End Fund for my brother, who bought it at $9.39 to yield over 5.2 percent. My brother invested $26,000 in this fund, and he’s been happy with its ...Read More »
DEAR MR. BERKO: We are in our early 80s and in good health. Four years ago, we had $106,000 in CDs and money market accounts. Today we have $88,000, earning less than 1 percent. Our balance is lower today because ...Read More »
Today’s homebuyers represent a variety of values, customs and cultures. A new survey reveals that Caucasian, African-American and Hispanic homeowners are far more alike than different when it comes to the home buying process. However, key differences arise when considering ...
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DEAR MR. BERKO: Last May, when visiting with some family in Wisconsin, I shopped at a SuperAmerica convenience store and I was surprised when the owner (he said he was a franchisee) told me that his store was part of ...Read More »
When a new housing boom is emerging, potential “flippers” come out of the woodwork in droves to try for big-profit investments they’ve seen promoted on TV. That’s what’s happening in many markets today. As most people know, house flipping is ...Read More »