Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
How to Diversify a Million Dollar Portfolio
Last week I heard from a client who just got a million dollars from cashing out his company’s stock options. Since he had over a million dollars to invest, he wanted to diversify the assets wisely. He pointed out that he had made so much money because it was all invested in one stock,… Read more
Are You Worried About Your Stocks and Market Risk?
If the market goes up, and your stocks make a profit, do you still need to worry about stocks and market risk?
Some folks would say, “Awesome!” But others would worry and think, “What goes up must come down.” Worse yet, people with appreciated stocks realize that if they sell their positions in order to lower the risk,… Read more
Will Your Money Take You to the Moon and Back?
I just saw some of the fantastic “selfies” sent back from Space IL’s Beresheet. As of this writing, it is set to land on the moon on April 11th.
While this is certainly a giant step in Israeli aviation history, it is also a powerful lesson in the power of small steps and compound interest…. Read more
Do These 4 Things to Have a Financially Successful Retirement
To make sure you have a financially successful retirement in Israel, follow these easy tricks.
- Have an emergency fund. No matter how much planning you do, something will likely come up: a health care emergency, a child in need, or a house repair. Many folks must scramble with each surprise occurrence.
4 Times You Should Speak with a Financial Advisor
“I wasn’t sure if I should to speak with a financial advisor,” a new client explained, “because I didn’t think there was anything you could do.” She continued, “But then I read your article, Retirees Fired by Their Brokers in America, on the same day that I got a letter from my brokerage firm telling me that since I live in Israel,… Read more
How to Claim an Inheritance from Abroad
If you’ve ever tried to claim an inheritance from abroad, you know the confusion can feel overwhelming. While the deceased may have meant for you to be an heir, the funds don’t magically end up in your account. You’ve got to deal with quite a lot of paperwork and plenty of notarized signatures…. Read more
Retirees Fired by Their Brokers in America
More and more Americans living in Israel have recently “been fired” by their brokers in America. Their advisors, with whom they may have worked for decades, have informed them that their brokerage firm will no longer service accounts with non-American addresses. Although people of all ages have been ousted, retirees have been hit the hardest…. Read more
Do you want steady income from your dollar deposits?
While some people set up their investment portfolio in order to grow their bottom line, others want their investments to provide a steady income. If you want your dollar deposits to provide income, take the following three steps:
#1. Create an “income oriented” financial plan
Look at the overall economy when creating your financial plan…. Read more
Should You Have Bonds in Your Investment Portfolio?
The past few weeks I’ve written a lot about bonds and considered whether bonds should be in your investment portfolio. Many people love the income and relative safety bonds provide, but other people hate them. It’s important to understand why investors love and hate bonds.
Predictable interest rate
LOVE: Folks who despise uncertainty buy bonds because of the “fixed income” schedule…. Read more
Are You Getting High Interest Rates on Your Dollar Deposits?
Do you remember the good old days of getting high interest rates on your dollar deposits?
Remember when you used to look forward to getting your monthly statement because the high interest earned made a substantial difference in your bottom line. This doesn’t necessarily only have to be a memory of the past – you can still get high interest on dollar deposits if you know where to shop…. Read more