Read Doug’s articles originally printed in The Jerusalem Post.
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
Do your aging parents find it easy to discuss money and their personal finances with you?
Many older people don’t like talking about anything financial because they were raised to believe that personal finance is too private to discuss with anyone – even with their own children. Some folks are sensitive about money because of emotional baggage associated with their past…. Read more
Here’s a story that’s supposed to illustrate a quick way to invest in the stock market and make a lot of money:
They say that legendary investor Peter Lynch, who ran one of the biggest mutual funds of all time, discovered L’eggs, not from his market research, but rather from his wife…. Read more
“What investment tool I can use to make money like the rich people?” a new client asked me. I could see he wasn’t looking for an in-depth financial education about how to identify great stocks. He just wanted a simple system he could easily follow to increase his chances of making money…. Read more
When you withdraw money from your IRA (or if you inherited an Individual Retirement Account from someone and you take yearly distributions), don’t fool yourself.
Just because you withdraw money from a retirement account does not mean that you actually made that money. Rather, you might just be pulling out your principal…. Read more