Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
When Should You Invite Your Adult Children into Your Financial Life?
Do you find it difficult to talk to your adult children about your financial life? Do you need to change your own mindset from viewing them as “little kids” despite the fact they might tower above you? If your children have matured into responsible adults, now may be the time to start including them in financial discussions. … Read more
The Impact of the War on Our Clients and Operations
Soon after October 7, I was approached by a U.S. journalist who said he was working on a story “on how the war in Israel may be impacting financial advisors.” He explained, “I noticed on your profile that your firm works in both the U.S. and Israel, so I was hoping you’d be open to talking about how the conflict is impacting you,… Read more
Why Partnership Matters to Unlock Cross-Border Financial Success
In finance, the right partnerships are key to success, especially when managing U.S. investments from Israel. At Profile Investment Services, Ltd., our 20+ year collaboration with Portfolio Resources Group, Inc. (PRG) has been pivotal. Our shared commitment to supporting Israel was highlighted recently when PRG proudly joined in sponsoring the American Friends of the Israel Defense Forces,… Read more
Is Money Your Friend or Foe? How to End Financial Fears
Managing money is scary for many people, especially olim who move from America to Israel who may struggle to navigate Israel’s financial system. For that reason, it can be especially helpful to work with a cross-border advisor who understands the challenges of having U.S.-based investment accounts while living in Israel. … Read more
Tackling Investment Stress: Find Your Path to a Balanced Portfolio
The Psychology of Investment Risk
Investing in the stock market is not solely a financial decision; it’s also an emotional one. Understanding the psychology behind investment risk is crucial. Many investors face anxiety due to market volatility, and it’s essential to recognize how these emotions impact financial decision-making. The key is to strike a balance between the potential risks and your emotional response to market swings…. Read more
Lost in Digital Translation: How Face-to-Face Advising Enhances Investment Outcomes
Understanding the Limitations of Digital Communication
In an era where digital communication reigns supreme, the financial advising industry faces unique challenges. As both a U.S. and Israeli licensed financial professional, I’ve observed firsthand the pitfalls of relying solely on digital channels, such as text messaging or emails, for nuanced financial discussions…. Read more
Tailoring U.S. Investment Portfolios for Living in Israel
Israeli investors, including American olim, who have U.S. investment portfolios tend to have a global outlook on the markets. They’re interested not only in investing in Israeli-based companies but in diversifying their assets with purchasing stocks or funds in other countries as well…. Read more
Managing Money as a Couple
Money is one of the biggest stressors in any marriage, especially when each person has a different approach to managing money. As a couple, it’s important to be united in your financial decisions.
If you need help managing money as a couple, consider these points:… Read more
Maintaining Financial Independence in Retirement
Many of my clients are people in their 70s who worry about maintaining their financial independence in retirement. If this is something you’re concerned about, here are a few tips to consider.
Diversification
As your portfolio grows, it’s natural for it to start skewing towards the riskier side. Your net worth may become overconcentrated in the stock market,… Read more
The Expat Investor’s Dilemma
When establishing life overseas, many expats share the same experience — American banks and brokerage firms may no longer be interested in serving them. Whether you’ve worked with these businesses before moving abroad or are interested in establishing accounts with them now, here are three reasons why expats are facing the issue of American firms not wanting to work with them…. Read more