December 2, 2017, 6:00 AM
Dear Mr. Berko: My 83-year-old dad can no longer manage his $565,000 stock and bond portfolio, so it has become my responsibility. I am an accountant and familiar with the stock market. My dad and I, having read your column for nearly 35 years (I’ve been a reader since I was 20), trust your advice. Dad’s portfolio has mainly utilities and blue chips. I recently sold his speculative issues. There is one stock that I haven’t been able to figure out just yet: H&E Equipment Services. Dad bought 700 shares of the stock several weeks before Thanksgiving last year at $14, but there’s not much written about the stock. I asked two stockbrokers, who are clients of mine, and neither of them had heard of the stock. Dad told me to do anything I want with it, but I prefer to ask your advice first.