Infrastructure group may be a good, if boring, bet

Dear Mr. Berko: I bought 175 shares of Macquarie Infrastructure in late 2017 at $66. The 11 percent yield was so attractive and my broker was so enthusiastic that I didn’t read anything about the company and was happy with that high yield. A couple of months later the company reported lower earnings, cut the […]

Tax season provides opportunity to refresh your tax IQ

It’s tax time again, and I’m getting lots of questions, especially from young people facing tax bills for the first time. Understandably, they want to know how they can reduce their taxes. And I’m glad they’re asking because, while it’s easy to rely on tax software or have a professional do your taxes, I think […]

The real reason Amazon left Queens and Italian shoes

Dear Mr. Berko: Our investment club thinks Amazon didn’t leave Queens because of that $3 billion; Amazon believes Rep. Alexander Ocasio-Cortez would create sticky problems if they opened offices in Queens. Your thoughts, please. Your opinion also of Tod’s, the Italian company making those expensive, beautiful shoes? R.A., Mecklenburg, N.C. Dear R.A.: That $3 billion […]

How to Talk to Your Girls (and Boys) About Money

Recently, I’ve focused a lot on the challenges women often face in securing their financial future. In spite of the advances women have made, they still face personal, cultural and social hurdles when it comes to dealing with money. So, you can imagine how pleased I was to see the theme for this year’s International […]

Single-payer health insurance is in the cards

Dear Mr. Berko: I strongly object to “Medicare for everyone.” Can you explain to me how it makes economic sense? — C.L., Jonesboro, Akansas   Dear C.L.: “Medicare for all,” snappy shorthand for a single-payer health care system, may be a huge plank in the Democratic Party’s platform, and it’s not a fantasy for the […]

Old, discolored aluminum gutters can be painted

Dear James: My house has old white aluminum gutters. They look terrible, but they leak at just two seams. Is it possible to seal those leaky seams and paint the aluminum gutter with a fresh white coat? — Rick R. Dear Rick: Old discolored gutters can make an entire house look run-down and in poor […]

Investment in Pests Had a Good Run

Dear Mr. Berko: While working for Rollins back in 2003 through late 2008, I bought 2,000 shares at $5. Rollins is now $39 a share, and after reinvesting the small dividends, I have 2,400 shares worth $93,000. My wife wants to sell, and she thinks we should buy Five Below. But because Rollins is in […]

Ways to spread out the taxes on lottery winnings

Q: I have an unusual question for you. If I win a large prize in the lottery, should/could I establish a nonprofit corporation to receive the prize? I asked a financial adviser about this, and he said I could do it and also keep the identity of the manager (me) hidden from the public. There […]