Are you prepared for a financial emergency?

What would happen if you were hit with an unexpected medical bill or layoff or your adult son or daughter needed a quick loan to get out of a financial jam? According to the Federal Reserve’s 2017 Report on the Economic Well-Being of U.S. Households, 40 percent of respondents said they wouldn’t be able to […]

Does it still make sense to itemize deductions?

With the April 15th tax deadline coming up quickly, I’m getting questions from readers who are still trying to decide whether or not to itemize their tax deductions for 2018. Some are puzzling over the new itemization rules; some are wondering if itemizing is still worth the effort. While many people may be worried that […]

CenturyLink Doesn’t Seem Promising

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 […]

Communications giant a good buy despite recent woes

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 […]

Career coaching may boost grads chances of landing a job

Do you have a recent college graduate living in your basement? Is your child getting close to graduating from college with few or no job prospects on the horizon? Has your son or daughter boomeranged back to you after some time living on his or her own? If so, you are not alone. Here are […]

Can finance and romance go hand in hand?

Q: My fiancé and I are in our late 30s, and this will be the first marriage for both of us. As we make plans for the future, one of my concerns is that we haven’t spent much time talking about our finances. I know money differences are a big cause of marital problems. What […]

Delta stock may perform well, but it’s still an airline

Dear Mr. Berko: I just sold 100 shares of Procter & Gamble, which I bought at $91 in 2017. They’re still $91 each. I’d like to buy 200 shares of Delta Air Lines because my UBS stockbroker recommends it. — P.R., Kankakee, Ill. Dear P.R.: If only you had waited a few weeks. P&G is […]