Dear Mr. Berko: I'm a 41-year-old happily married woman with two boys. Before my dad passed away in late 2008, he invested $60,000 and bought 2,300 shares of AT&T at $26 a share for me. He told me to keep it for the rest of my life and said it would be the icing on my retirement cake if I reinvested all the dividends each quarter. That was ...Read more
Dear Mr. Berko: I took your advice on AT&T. I'm holding my nose and reinvesting the dividends on 800 shares. I also bought 500 shares of Edwards Lifesciences at $22 in 2009 and have a huge profit. Is this a buy, sell or hold? -- NL, Wilmington, N.C.
Dear NL: You're a darn smart lady.
Research and development remains among the most ...Read more
Dear Mr. Berko: My stockbroker had me buy 200 shares of Apple last November at $221. His firm has a bullish report that says Apple will turn back to my purchase price in the coming six months, and he wants me to buy 200 more shares. I'd appreciate your thoughts. -- BG, Akron, Ohio
Dear BG: Your broker may be vaping too much THC. Why did CEO Tim...Read more
Dear Mr. Berko: I'd like to speculate with about $30,000 and buy six or seven stocks selling for less than $10. Could you recommend some cheap issues that have a chance of doubling in price over the next few years? I won't blame you if they crash. -- KM, Wilmington, N.C.
Dear KM: Here are seven names that were found in Bernie Madoff's back ...Read more
Dear Mr. Berko: I'm looking for higher yields, and my stockbroker is recommending that I buy 500 shares of CenturyLink. It pays a wonderful $2.16 dividend that yields about 17 percent. Sometimes the dividend exceeds the company's net income. For example, last year, CenturyLink earned only $1.10 a share but paid a $2.16 dividend. How can a ...Read more
Dear Mr. Berko: I bought 500 shares of AT&T at $32 in 2012, and I'm losing money. I should have sold the stock in 2016 when it hit $44, but my stockbroker talked me out of it. Now I want to sell it and buy 100 shares of Apple, which is way down from its high price. My broker is adamant that I keep AT&T, and he doesn't care for Apple. I'd ...Read more