Read Doug’s articles originally printed in The Jerusalem Post.
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
What should you do with your American IRA account (Individual Retirement Account) when you live in Israel?
Your initial thought might be to cash out your IRA account and transfer the funds to Israel. But that’s probably not too wise because of the tax-deferred nature of an IRA.
Moving your retirement account to Israel may be expensive
IRAs are good vehicles for retirement saving because they let you defer paying American taxes on capital gains,… Read more
Moving money from one financial institution to another, or from one country to another, is not as easy as it sounds.
Even though the money may be legitimately yours, financial institutions can make you jump through hoops in order to gain access to it.
Moving money in and out of accounts can look suspicious,… Read more
One of the most common side effects of receiving an inheritance is anxiety. This can be caused by the desire to honor the memory or wishes of the deceased or fear of making a financial mistake. It should be comforting to have more money, but sometimes the cash infusion only increases financial worries…. Read more