We don't use a stockbroker and want your thoughts on which stocks to sell so we can raise the money our kids need. My wife and I are both retired civil service employees with good pensions and have no debts.Read More »
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After nearly 14 months of serious objections by lobbyists of the banking industry, the Treasury hopes to issue its first floating rate bond late this year or early in 2014. The specifics aren't published yet and probably won't be until a couple of weeks prior to the issue.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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Dear Mr. Berko: I bought 100 shares of Best Buy in the beginning of 2011 at $32, and now it's $26. Please tell me what you think its prospects are for this year and next. Do you think I should buy another 100 shares or hold what I have? Or should I sell my stock and take a loss?Read More »