Read Doug’s articles originally printed in The Jerusalem Post.
World chess champion Susan Polgar once told me that all games of chess will end up as a draw unless one side makes a mistake. After she checkmated me, Susan pointed out that my pieces weren’t coordinated. She explained that individually, every piece on the board is relatively weak. However, when they properly work together,… Read more
A tax lawyer recently called me to ask if I could help one of his clients who is inheriting “all sorts of stuff from America.” That “stuff” turned out to be brokerage accounts at two different firms and a retirement account (IRA). “To make matters worse, Doug,” the lawyer told me,… Read more
A retired couple met me in my Jerusalem office and within minutes of sitting down, it was clear that they each had drastically different views about how to handle their retirement nest egg. The husband wanted to invest heavily in the stock market and the wife wanted more conservative investments to protect their nest egg from breaking…. Read more
Are you having difficulty buying American mutual funds?
Recently, many people contacted me after receiving a letter from their existing American brokerage firm saying, “You can no longer purchase shares in U.S. mutual funds.”
Who says you can’t buy shares in certain U.S. mutual funds?
Ultimately, the compliance division (lawyers) of the mutual fund companies must decide where they want to do business…. Read more