Decision may mean retail arbitrage will no longer be legal in Europe

More than 2 million Americans make a full-time or part-time living selling merchandise on eBay, Amazon, Etsy and other online retail platforms. For many smaller sellers, this activity takes the form of retail arbitrage: buying merchandise at retail from brick-and-mortar stores and then reselling it online for even more money. If you have ever been […]

Cutting health insurance not ideal to save for college expenses

Dear Mr. Berko: I pay over $33,000 a year for health insurance for me, my wife and my four children. That’s more than we’ve spent on doctor bills and medicine in the past 10 years for our whole family, including our 9-year-old black Lab. My insurance agent and I are good friends, so I’m reluctant […]

Partial owner’s unpaid judgment can throw wrench into house sale

Edith: Five siblings have a contract to sell their father’s house that they inherited. One has a judgment against him. The broker says the house can’t close without that judgment being paid off. None of the others want to pay the judgment, because it is more than that sibling’s one-fifth share of the sale proceeds. […]

Ongoing quality crisis makes water utility stocks a good choice

Dear Mr. Berko: I’ve got a bug in my ear telling me to invest in water utility stocks. My parents live in Flint, Michigan, and my brother recently moved to Pensacola, Florida, and had to buy a water purifier. He says Pensacola has the worst water quality in the country. There are horror stories about […]

Financial lessons can add meaning to personalized holiday gifts

Dear Readers, Feeling generous but worried about overspending? The holidays can do that to you. But I believe with a little creative thinking, you can express your spirit of generosity without blowing your budget. Of course, giving traditional gifts is fun and I enjoy choosing what I think is ideal for someone. However, I also […]

Growth and merger make Dollar Tree outstanding long-term pick

Dear Mr. Berko: I recently discovered Dollar Tree, and its prices are awesome. I buy everything there that I can, and I figure we save $65 to $70 a week for my family of six. I’m thinking of buying 150 shares for our joint account and 50 shares for my individual retirement account. What do […]

Big health insurance companies are good for long-term growth

Dear Mr. Berko: What do you think of the big health insurance companies, such as Aetna, Cigna, UnitedHealth Group and Anthem? My stockbroker wants me to sell UnitedHealth Group short because he thinks President Donald Trump and his followers are going to cut medical costs by allowing insurance companies to reduce reimbursements to doctors and […]