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Malcolm Berko: Broker gives Erie reader good advice

2014-10-01 09:45:20| Paper - Topix.net

Dear Mr. Berko: I'm considering the purchase of 500 shares of TECO Energy because I'm attracted to its 5 percent payout and its potential growth in prosperous Florida. But my broker tells me that United Technologies, which pays only 2 percent, is a better buy for appreciation and dividend increases.

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