Is a 30,000 Dow Possible?

Is a 30,000 Dow Possible?

Dear Mr. Berko: Last February, you said the Dow Jones industrial average could pass 30,000 in 10 years. Considering the possibility of higher interest rates, dangerous international situations — Brexit, Catalonia, the Kurds, North Korea, global warming, the Middle East, Afghanistan, the economic failure of Puerto Rico, Venezuela, Brazil and Argentina — the huge costs…

Virtual Reality and its Role in the Next Technology Stock Boom

Virtual Reality and its Role in the Next Technology Stock Boom

Virtual reality, often referred to as VR, has recently received an unprecedented amount of hype in global news. With almost every tech giant investing hundreds of millions in VR technology, it must make you wonder what’s fueling this “gold rush” mentality. There is increasing convergence between communications, entertainment and media. It was initially started by…

FINRA's Coming Database, S&P and Moody's

FINRA's Coming Database, S&P and Moody's

Dear Mr. Berko: My brother-in-law, who is a longtime human resources officer with a New York Stock Exchange brokerage, told me that the Financial Industry Regulatory Authority is establishing a new database to improve regulatory enforcement. This database will include information about all Americans’ brokerage accounts, their personal financial information and the details of every…

Sears and Coke

Sears and Coke

Dear Mr. Berko: Sears finally reported a profit last May — $2.28 a share. My stockbroker had me buy 1,000 shares in early June at $7 because he thought Sears had turned the corner to profitability. He insists Sears will trade in the low $10s this year and wants me to buy 1,000 more shares.…

Planning a Funeral

Planning a Funeral

Dear Carrie, I just watched my best friend experience the death of her mother. Not only did she suffer a loss but the process of making funeral arrangements seemed more difficult and costly than they needed to be. What is your advice for other families going through this? –A Reader Dear Reader, First of all,…

Our Tax System

Our Tax System

Dear Mr. Berko: This is our third request for a copy of your column. Two years ago, our investment club read and discussed what you wrote about 10 families paying taxes at different rates because of income differences. It showed how our tax system favors the wealthy at the expense of the poor. It’s become…

Just Buy It

Just Buy It

Dear Mr. Berko: My 19-year-old daughter is a saver and wants to buy 47 shares of Nike. I don’t know enough about stocks to advise her. What can you tell me about Nike? Would she be making a wise decision? — FS, Kankakee, Ill. Dear FS: Nike, the Greek goddess of victory, was born in…