Dear Mr. Berko:
Palm Beach Research Group, a financial think tank in Florida, is offering a plan called FS2081. The folks there say it’s unknown to the public but guaranteed to pay me $11,384 a month. This plan is used by members of Congress to supplement their retirement income and has been paying them and knowledgeable investors monthly incomes since 1920. PBRG also offers great advice on the stock market, cryptocurrencies, options and other lesser-known investments. What can you tell me about this financial think tank? I’m especially interested in the $11,384 guaranteed monthly income. I’m thinking of selling my 281 shares of Pfizer, which I bought at $35 last year on your recommendation. I think I’d like to use that money to trade cryptocurrencies, as recommended by PBRG. PBRG has made very profitable trades, with lots of short-term returns of over 2,000 percent. That kind of profit is hard to resist. I’m waiting for your response.
—SB, Akron, Ohio
Dear SB:
Please, please and a thousand pleases, don’t. Palm Beach Research Group is an assembly of flimflammers, pseudo-apostles, psychopaths and sociopaths who think they’re a think tank. Many folks who’ve had contact with PBRG would call it a stink tank. This insidious group of grifters scams most everybody who’s foolish enough to subscribe to its numerous tip sheets, which should really be called dip-sheets, if you get my drift.
PBRG is a malignant cancer that primarily infects investors with room temperature IQs and should be prohibited from disseminating its crapulous advice on the internet. PBRG peddles its proprietary research to male investors with postherpetic neuralgia, to right-handed stupids who are morbidly obese, to women with severely impaired cortical functions and to frightfully simple Americans who believe in Santa Claus and the Easter Bunny. Meanwhile, PBRG’s $11,384 deal, “guaranteed like Social Security,” is a risible scam that’s pure cotton candy dreams with sugarplum promises wrapped in candy cane packages. It’s baldfaced bull, just like PBRG’s innumerable “stock profits” and 2,000 percent cryptocurrency profit claims. Here’s an interesting question: If the people at PBRG can make 2,000 percent returns trading cryptocurrencies, why would they waste time and money selling “how to” tapes and not use that knowledge to make money themselves and make it faster? I could continue for pages with complaints about PBRG, including some so bizarre they deserve mentioning by Ripley’s Believe It or Not! If you’d like to have an afternoon of great fun, go to Google and type in “complaints Palm Beach Research Group.” You’ll be gabberflasted and then thankful that you followed my advice.
Don’t, don’t, please don’t sell Pfizer (PFE-$43.25). Though its shares suffered a sad-sack performance during most of the 2000s, this research-based global pharmaceutical company finally has its pills in order. This year, PFE comfortably exceeded its consensus earnings by discovering new synergies to reduce costs, corporate tax cuts and an accelerating top-line growth. If you watch TV, you’ll note the frequent adverts for Xeljanz, a rheumatoid arthritis drug with revenues up 34 percent from a year ago, and Eliquis, a blood thinner with revenues up 36 percent. PFE’s Prevnar 13 and Lyrica have provided further support. And I must mention Ibrance, an oncology drug with $2 billion in revenues; it should be up 26 percent. All those drug commercials are so hale and wholesome and the “patients” so vibrant that I want to run out and get me some of that stuff. PFE’s fecund pipeline is well-stacked with late-stage pharmaceuticals, and PFE believes that it sees opportunity for 25 approvals by 2020, with at least 15 having blockbuster potential.
PFE trades at a low 14 times this year’s expected earnings of $2.15 a share, up 21 percent from 2017, and has a $1.36 dividend yielding 3 percent. PFE expects earnings of $2.40 a share next year, an increase of 11 percent, and a dividend of $1.46. This should be made possible by significantly improved profit margins and a 12 percent growth in sales. Buy more PFE shares.
Please address your financial questions to Malcolm Berko, P.O. Box 8303, Largo, FL 33775, or email him at mjberko@yahoo.com. To find out more about Malcolm Berko and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.
©2018 Creators.com
- Posted December 25, 2018
- Tweet This | Share on Facebook
A think tank's guaranteed income or Pfizer?
headlines Oakland County
- Youth Law Conference
- Oakland County Executive Coulter announces $3M pledge by Penske Family Foundation to Integrated Care Center
- Jury convicts Kalamazoo man in 2005 cold-case sexual assault
- Whitmer signs bills defending Michigan’s fair and free elections by protecting Michigan voters and supporting public safety
- Supreme Court doesn't seem convinced FDA was unfair in blocking flavored vapes as teen use increased
headlines National
- Lucy Lang, NY inspector general, has always wanted rules evenly applied
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2024 Year in Review: Integrated legal AI and more effective case management
- How to ensure your legal team is well-prepared for the shifting privacy landscape
- Judge denies bid by former Duane Morris partner to stop his wife’s funeral
- Attorney discipline records short of disbarment would be expunged after 8 years under state bar plan