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Weiss Research and Granite Point Mortgage Trust

Business / Taking Stock /

Dear Mr. Berko: I made the mistake of writing a $198 check to Weiss Research for Larry Edelson's stock market advice. Weiss promised to return my money if I wasn't satisfied, but the publisher won't respond to my requests for a refund. I can't find a workable email address for Weiss Research or Martin Weiss. Please help me.

Secondly, my ...Read more

Should You Invest in a Disreputable Company?

Business / Taking Stock /

Dear Mr. Berko: I won't own stock in companies that sell guns, sell tobacco, sell liquor, poison the environment or cheat the American public as banks and health insurance companies have. My stockbroker recommended that I buy 300 shares of Pfizer. But I don't want to invest in a pharmaceutical company that is being sued for hundreds of ...Read more

Widow Gets a Free Lunch and Bad Financial Advice

Business / Taking Stock /

Dear Mr. Berko: I've enclosed my check for you to review my portfolio. My husband passed away four years ago, and I'm now a 71-year-old widow. A lady friend and I attended an invitation-only lunch for seniors two weeks ago, which was very interesting. The speaker believes that in the coming years, we're going to have a stock market crash and ...Read more

Stay on the Iron Mountain

Business / Taking Stock /

Dear Mr. Berko: In early January 2016, I had a $16,000 certificate of deposit that came due and couldn't stomach the low yields. An accountant friend told me about Iron Mountain, which he hired to store the records for his practice. It yielded 8 percent, and I bought 400 shares at $25 on his recommendation. It went up to $41 in each of the ...Read more

Cat Bonds Explained

Business / Taking Stock /

Dear Mr. Berko: Could you please tell me what cat bonds are and how they're different from other bonds? And could you tell me the name of the college that offers annuities yielding 10 percent? I'd like an answer without your usual abrasive sense of humor. -- SD, Fort Walton Beach, Fla.

Dear SD: Catastrophe bonds, or cat bonds, are inherently ...Read more

 

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