Dear Mr. Berko: Please explain to me what a business development company is and how it works. Also, my brother, who is a certified public accountant, has recommended that I buy 1,000 shares of Main Street Capital. What do you ...
Tagged with: BDC
Read More »Q: I am writing as I live in a condo complex consisting of 296 units and we had a meeting on March 29 to elect new board members. At this meeting two new members were elected, but due to these ...
Tagged with: association
Read More »Q: Last July, an elderly homeowner paid an “attorney” $500 to make her President of our Condo Association. She was not a board member, nor had permission of the board to hire anyone. There was a meeting with only 4 ...
Tagged with: condo
Read More »Every once in a while I read a book that’s just so interesting and relevant that I can’t stop talking about it. Big Shifts Ahead: Demographic Clarity For Business by John Burns & Chris Porter is one of those books. ...
Tagged with: migration
Read More »Dear Mr. Berko: We bought $50,000 worth of the 5.3 percent Tesla bond in August 2017. Our stockbroker wants me to sell, take a tax loss and use the remaining money to buy 200 shares of Tesla stock. My wife ...
Tagged with: Disney
Read More »By Nasar. El-arabi It is not lost on anyone that a bad credit record does not bode well for people looking to buy a home. At least if you are looking to borrow from traditional lenders. Historically, a bad credit ...
Tagged with: credit
Read More »Q: My daughter is about to close on a condo unit, as the first owner of the unit. She is buying the unit all cash. The cost for owner’s title insurance is over $3,000 and she asked me why she ...
Tagged with: condo
Read More »Dear Mr. Berko: My stockbroker had me buy 300 shares of General Mills in the summer of 2016, for which I paid $71 a share. In the past 12 months, I’ve had a 29-point loss. I never thought that a ...
Tagged with: general mills
Read More »Do you know what security means? The word originally comes from two smaller Latin words – se meaning “without” and cure meaning “care.” So, the essence of security is being without care. It’s a state of mind where you are free from anxiety.1 Entrepreneurship and financial ...
Tagged with: cash flow
Read More »Q: We are in the process of selling our house, and have just read about some scams that somehow are able to divert the sales proceeds away from the seller to some far-away place across the globe. Do you know ...
Tagged with: title
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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
