Dear Mr. Berko: My Morgan Stanley broker just recommended that I buy 800 shares of Mueller Water Products, which trades at $11.75. He insists it's a good stock to hold for 10 years because the water facilities at most cities are poorly maintained and in...

Dear Mr. Berko: I'm 78, and my spouse is 80. We bowl, play golf and bridge together, and I've become a decent tennis player since moving to the Villages from another development in Florida. This been wonderful place to live for years and, now it's...

Dear Mr. Berko: We have a $262,000 portfolio that yields 5 percent, and we need those dividends to live on. Recently, our stockbroker had us take some profits and losses, and now we have about $60,000 in cash to invest. He recommended an annuity that...