Dear Mr. Berko: I have been told by a well-connected lawyer friend that the Obama administration is proposing a 1 percent tax on all transactions to raise money for a bigger stimulus package and to increase social benefits. I’m told ...
Read More »University of Phoenix stock gets passing grade
Dear Mr. Berko: I recently hired a University of Phoenix graduate over a University of Florida graduate because I felt the Phoenix student would give me more bang for my buck in our accounting department. I’m interested in owning shares ...
Read More »Family needs advice on what to do with $16M inheritance
Dear Mr. Berko: When my wife’s grandfather passed several years ago, he left us $16 million after taxes, legal fees, etc., from his businesses and real estate in California. We have a modest $260,000 joint account plus two IRAs worth ...
Read More »To sell or not to sell kidneys
Dear Mr. Berko: My wife and I together were making $88,000 to $110,000 per year between 1996 and 2007 and were able to save almost $50,000 during that time, even with two kids. So in late 2006, we bought a ...
Read More »The truth about the recession being ‘over’
Dear Mr. Berko: I continue to read in the local paper and on TV that revenues and profits for many companies are increasing by 10 percent or more, and then the stock market jumps 200 points or more. A 10 ...
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