Read Doug’s articles originally printed in The Jerusalem Post.
Last week I wrote about a widow who wanted to boost monthly investment income she received from her portfolio. If you missed the column, here’s the bottom line: Consider bonds. (Click here to read the article).
What’s the easiest way to buy bonds?
“Isn’t there an easy way for me to get monthly income from my portfolio… kind of like a pension?” my client inquired…. Read more
A recent widow in her seventies came into my office in Jerusalem for an initial meeting on how to increase her investment income. She said that the $25,000 per year from her portfolio and pensions was simply not enough income to maintain her lifestyle.
The pension stopped – Oy!
Her husband’s pensions stopped when he died,… Read more
“I’m making aliya next month, Doug,” a soon-to-be-retired doctor called from New York to tell me. “Now that I’ll be living in Jerusalem, should I move my investments to Israel and transfer all my brokerage and bank accounts to one of the Israeli banks?”
Look at each part individually
Moving yourself and your family to Israel,… Read more
Many American brokerage companies have stopped servicing their clients who have foreign addresses, including those who made aliya. These firms have decided that government regulations have simply made the job of maintaining clients overseas too complex. For some people, it may seem like bad news when their broker sends them a letter saying,… Read more
If you’re an oleh from the United States and you’re considering putting your money into an Israeli or other foreign mutual fund, think again.
Owning a foreign mutual fund may cause increased U.S. taxes
If you have money in a teudat sal,… Read more
I recently met with a woman who wanted help understanding and organizing her money, specifically her U.S. dollar investments.
“I’m totally overwhelmed with statements,” she told me as she emptied envelope after envelope onto my desk. “I have no idea what I own and I don’t know how to read all this stuff.”
By the time our meeting ended,… Read more
Expecting an inheritance?
Here are 5 of the toughest questions you will likely have when receiving an inheritance:
- What paperwork do you need so that you won’t suffer problems and delays in getting your inheritance?
- What’s the quickest way to transfer inherited brokerage and retirement accounts to you?
If you leave your children an inheritance, what will your kids do with your money one day? Most people I meet who receive an inheritance manage the cash influx well. Together, we create a financial plan and then invest according to the plan.
However, sometimes the recipients of large lump sums,… Read more
Two years after being diagnosed with pancreatic cancer, my father passed away. He left his daughters a houseful of memorabilia and his investment accounts.
Along with the emotional turmoil, I was faced with the task of processing the estate. I learned a few valuable lessons that I hope you can use to organize your own finances to make it easier for your heirs (in 120 years…)…. Read more
Are you finding it hard not to worry about your stocks? Even experienced investors tremble when the market goes crazy. Here’s what you can do now to minimize your worries:
Ignore the news.
Avoid the “hot” tips that you hear from friends or read about on the internet…. Read more