Mar 1, 2014

For retiree, dividend matters more than stock price

DEAR MR. BERKO: I retired at 55 in 1997 and moved my $460,000 401(k) to an individual retirement account to be managed by our broker. By late 1999, my portfolio […]

Feb 26, 2014

Consumers: Mortgages easier to obtain

A majority of consumers now feel it’s easier to obtain a mortgage loan, according to Fannie Mae’s National Housing Survey. Fifty-two percent of respondents in the company’s latest survey said […]

Feb 26, 2014

Complex returns call for accountant

DEAR BENNY: I own a small apartment building which is about 200 miles away from my home. Periodically, I drive over to the property so that I can inspect it […]

Feb 26, 2014

Bitcoin likely to go the way of tulip bulbs

DEAR MR. BERKO: I’m very interested in investing in Bitcoin. We are working with a professional financial adviser we heard on satellite radio. He has earned doctorates from the University […]

Feb 24, 2014

Why is unemployment still so high?

There’s good news and bad news about the North Carolina job market. The good news is that more jobs have been created in recent years. Since the job market began […]

Feb 24, 2014

New policy helps seniors qualify for loans

DEAR BENNY: We have a three-season beach house, a second home, with a high-interest jumbo mortgage that we would like to refinance. Our current mortgage lender says we do not […]

Feb 24, 2014

Picking right stock is like taking pot luck

DEAR MR. BERKO: In September, you recommended three marijuana stocks. One was GW Pharmaceuticals, which tripled. Another, CannaVest, went up 50 percent. Terra Tech was 10 cents a share, and […]

Feb 18, 2014

Double-check home payment records

COMMENT FROM A READER:   I enjoy reading the column by Benny L. Kass in our local paper and find it very insightful. I want to share some additional information […]

Feb 18, 2014

Club membership requires suitable options

DEAR MR. BERKO: Four months ago, I was allowed to buy in as a new member of a large, successful investment club. I’m being mentored by an older member, and […]

Feb 18, 2014

E-signatures allowed on homebuying documents

Electronic signatures are now being accepted on an increasing number of homebuying and financing documents, including Federal Housing Administration loans. In its ongoing bid to modernize its processes, the FHA […]

Feb 14, 2014

Banks earn billions on excess reserves

        DEAR MR. BERKO: I’m 71 and retired. I own a duplex with no mortgage, and I live in one side and rent the other. I have $186,000 in my […]

Feb 13, 2014

Kitchens, master suites define luxury

Luxury homes, a property niche that was hit hard by the recession, is back in popularity with buyers. Following the recent recession, interest in large and expensive homes dropped dramatically […]

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