Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

DEAR MR. BERKO: Please explain moat stock and tell me whether Apple is a moat stock. Our broker believes that Apple could go to $150 a share this year and advises us to buy 300 shares. We would appreciate your ...

DEAR MR. BERKO: Please explain dumbbell investing. We have $166,000 to invest and the broker recommended a strategy called dumbbell investing. Next question: What’s wrong with young people today? Our 33-year-old son graduated from University of California with a 3.79 ...

Tagged with: investment

DEAR MR. BERKO: When American Airlines came out of bankruptcy in December 2013, I invested $9,600, buying 400 shares at $24. My wife’s been telling me to sell for over a year, but my gut says to hold. Your opinion ...

DEAR MR. BERKO: In August of 2014 you told me not to buy Wells Fargo. And in April of 2015 you said that the company would increase its earnings and dividend but that you didn’t care for the stock. This ...

Tagged with: Wells Fargo

DEAR MR. BERKO: I have $48,400 to invest and want to get an 8.0 percent yield on a portfolio of dividend stocks. I want stocks that trade only on the New York Stock Exchange, and I don’t want cheap stocks, ...

DEAR MR. BERKO: We’re 59 and both retired with a decent municipal pension. We have too much cash in our money market account and the adviser thinks we should buy 100 shares of NextEra Energy. This stock has a low ...

DEAR MR. BERKO: We have a $37,000 CD coming due at Wells Fargo. The teller introduced us to a wealth adviser who advised us to invest $25,000 in an annuity, then $6,000 in General Motors and $6,000 in Ford. We ...

Tagged with: stocks

DEAR MR. BERKO: Why did American Express lose the Costco account? We have 300 shares of American Express that we bought at $64 in 2013 and it hasn’t done well since. Our broker of 16 years wants us to sell ...

DEAR MR. BERKO: In 1992, the Jonesboro Sun invited you to speak to its readers. And so did Arkansas State because I remember my dismay when you were introduced to our classroom, and several other classes, too. My classmates and ...

Tagged with: retirement

DEAR MR. BERKO: In February of 2009, I wrote you for advice on how to invest $60,000 for safety and appreciation, and you told me to invest $6,000 each in AFLAC, United Health, Toyota, Federal Express, Panera Bread, Chevron, Boeing, ...

Tagged with: stocks