DEAR MR. BERKO: You have said often that the $85 billion a month the Federal Reserve injects into the banking system has forced stock prices to rise. Could you please explain why or how in simple layman’s English? Also, could ...Read More »
It’s very unlikely that a significant housing bubble is forming, most experts say. For example, reports from Capital Economics and Redfin asserted no such bubble is forming – at least not on a national level. Capital Economics recently addressed concerns ...Read More »
DEAR MR. BERKO: I was thinking of buying another 100 shares of Altria Group Inc. because it pays a 4.95 percent dividend and because it seems to be a decent growth stock. I bought 100 shares in 2010 at $24, ...Read More »
DEAR MR. BERKO: I’m 76, and my husband of 51 years, who was a certified public accountant, died at his desk last February doing tax returns. My husband’s broker called to express his condolences and asked me to bring him ...Read More »
Many homeowners are unsuspecting victims of medical problems, ranging from asthma attacks to lung cancer, caused by components and conditions in their residences. This was revealed in a new study by the Environmental Protection Agency and the Department of Housing ...
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DEAR MR. BERKO: I’ve worked for the government for 23 years. The government does all my retirement stocks and bonds, and it also gives me a good pension and pays for all my health insurance, which is lucky for me. ...Read More »
DEAR BENNY: I have been considering a 1031 action for some time, and I have wondered what happens if the intermediary holding the escrowed funds goes bankrupt. Is the intermediary allowed to co-mingle my funds with funds of the company? ...Read More »