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Home / Columnists / Berko / BERKO: Foreign real estate too risky for retiree (access required)

BERKO: Foreign real estate too risky for retiree (access required)

DEAR MR. BERKO: I'm 84, and my wife is 82 and in good health. Our only debt is $5,300 on our home, and we live frugally. I invested $60,000 in three Puerto Rican bonds years ago. They paid $3,600 a year tax-free, but now they are defaulting and won't pay interest. We need to replace ...

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