DEAR MR. BERKO: My 67-year-old father will retire late this year and need at least $24,000 annually – plus annual inflation adjustments – from his nearly $600,000 individual retirement account. His broker, who I think is a dummy, discussed his ...Read More »
DEAR MR. BERKO: In the summer of 2008, when the stock market was tanking, I had $1,500 to risk and bought 50 shares of Actavis PLC at $21. Now my husband is pressuring me hard to sell. He wants me ...Read More »
DEAR MR. BERKO: Last May, Congress stopped the National Security Agency from collecting and storing our personal and business calls on their servers. Our broker says the National Security Agency will require American Telephone to maintain all this information on ...
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DEAR READERS: Dozens of readers have asked about the Hostess bankruptcy and what I think the effects of automation (robots) will be on the future job market for their kids. I fondly remember Hostess, the maker of Twinkies. Our high ...Read More »
DEAR MR. BERKO: We met when you spoke in Oklahoma City in 2001. You told me to buy 50 shares of Apple at $22. I did! Now, after two splits, I have 700 shares, and that good luck seemed to ...Read More »