DEAR MR. BERKO: I retired at 55 in 1997 and moved my $460,000 401(k) to an individual retirement account to be managed by our broker. By late 1999, my portfolio had increased in value to $605,000, so we took out ...Read More »
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DEAR MR. BERKO: I’m very interested in investing in Bitcoin. We are working with a professional financial adviser we heard on satellite radio. He has earned doctorates from the University of Phoenix, Brixton University and Concordia College. He is very ...Read More »
DEAR MR. BERKO: I want to invest $51,000 in high-yield preferred stocks (I can afford some risks) and need to get as close to 11 percent as possible. A friend of mine recently invested $38,000 in preferred stocks and recommended ...
Tagged with: American Community Development Group Banco Santander ImmunoCellular Therapeutics Malcolm Berko preferred stocks PrivateBancorp Stock Yards Bank & Trust Taylor Capital Group Terra Tech Yukon GoldRead More »
DEAR MR. BERKO: In early 2012, you recommended Flagstar Bank at 80 cents a share, and I bought 3,000 shares for $2,400 as a speculation. Flagstar had a 1-for-10 reverse split, and I now have 300 shares that trade at ...Read More »
DEAR MR. BERKO: In 2008, you recommended Bank of America’s 7.25 percent convertible preferred stock at $720 a share. It yielded 10 percent, and you said it was a safe investment. We bought 30 shares for $22,000, and they’re now ...Read More »