Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
How Vacations Can Help You Get Rich
Are You Too Afraid of Losing Money to Invest in the Stock Market?
Are you afraid of losing money in the stock market? Some investors’ fear of losing money compels them to completely avoid the stock market and other volatile investments. This phenomenon is often called “loss aversion.”
People suffering from loss aversion will sometimes wait until they see the market has gone up a lot,… Read more
Do Egg Farmers or Nobel Prize Winners Make Better Investment Decisions?
You don’t have to be an egg farmer or a Nobel Prize winner to understand the sense in planning your finances carefully and not putting all of your money in one place. Diversification, the principle of not putting all of your eggs in one basket, applies to life in general and to investing in particular…. Read more
The Downside of Leaving Your Children an Inheritance
Important: Keep in Mind this Advice when Writing a Will
When clients prepare their estates, they often ask me advice when writing a will. I’m a good person to consult with, since my office frequently deals with the practical side of a will. In other words, when clients pass away, their heirs approach us since we’re the ones who actually help them get hold of their inheritances. … Read more
Why Your Investments Must Be Different from Your Parents’ Portfolio
How to Make Money in an IRA
When the Dollar Drops, How Important Is Currency Diversification?
Do you feel worse off when the dollar drops against the shekel? Though some people love to guess future currency moves, watch out for the trap of making a big bet on one currency. A dual citizen, residing in one country and keeping assets in another, should consider currency diversification.
What funds are best for me?… Read more
The Best Way to Fix a Financial Mistake Without Losing Too Much Money
Everyone makes mistakes. What separates the winners from everyone else is how they fix their mistakes.
When playing chess, it’s easy to make the wrong move. If you notice your mistake while the game is on, you can choose one of three responses:
- Ignore it and keep on playing.