Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
Asset-Rich, Cash-Poor
Ever feel “asset-rich but cash-poor”?
That was the shock a retired couple shared with me recently. They spent years building a portfolio of real estate, relying on rental income to fund their lifestyle. But when unexpected expenses hit—helping family, covering medical bills—they found themselves in trouble. Their wealth was tied up in properties,… Read more
Get More Out of Your Retirement Savings
“How do I make my savings last?”
It’s a question I hear all the time from retirees who worry that their pension isn’t stretching as far as they’d hoped. Recently I sat with a client who shared this exact feeling. After transitioning to part-time work, his income dropped significantly. Even though he had a 7-figure investment portfolio,… Read more
Market Stress Got You Down? This Strategy Helps
Are market swings making you anxious about your investments? You’re not alone. Many investors feel overwhelmed by market volatility. One of my retired clients who typically enjoys managing her portfolio recently told me the constant fluctuations leave her feeling stressed. If you’re in a similar situation, there are ways to manage your emotions and make smart decisions,… Read more
Quick Investment Decisions Can Be Dangerous
Have you ever found yourself making a snap decision, only to realize later how risky it was? Sometimes investors make quick decisions that have devastating consequences.
Recognizing Investment Pitfalls
Investment strategies often highlight the potential for high returns, without dwelling on the potential adverse effects… much like parents might think they save time by not securing their child into a highchair…. Read more
Is Fear of Losing Money Preventing You from Making Financial Decisions?
Fear of managing your hard-earned money can be paralyzing, but small steps can lead to significant financial gains. As a financial planner, I’ve seen many clients whose fear of making a mistake prevents them from making any financial decision, good or bad. I recently met with a woman who was widowed for more than 20 years and left her money sitting in a bank out of fear and uncertainty…. Read more
How to Make Your Charitable Giving More Impactful
Have you ever felt your charitable donations could be more impactful?
Some people worry their charity isn’t making the difference they intended. Strategic philanthropy can make the world a better place and also benefit your financial health. Here’s how to ensure your charitable giving has the strongest effect:
Align Giving with Family Values
To maximize the impact of your charitable donations,… Read more
What’s Your Investment Persona? Uncover Your True Style
I recently sat down with a client who had just moved to Israel and wanted to review his investment strategy. As we started the conversation, he asked, “Doug, how do I know if I should take big risks or play it safe with my investments?”
This is a question I hear often,… Read more
How One Widow Took Control of Her Finances
Have you ever felt like your investments were no longer working for you? Like you’re stuck in a financial situation that doesn’t align with your goals or comfort level? Recently, I spoke with a widow living in Israel who faced this very issue. Despite having a well-established portfolio in the U.S.,… Read more
How to Reduce Investment Stress: Expert Strategies
Are your investments keeping you up at night? Many investors experience anxiety, especially during market upheavals. Your investments should be a tool that gives you peace of mind, not increased anxiety. If your finances are causing you stress, perhaps it’s time to take a step back and ask yourself, “Why do I feel this way about money?” … Read more
What Drives Your Investing Decisions?
Have you ever found yourself making investment decisions driven by fear or overconfidence? These common emotional stimuli can hinder your financial success. Read on to see how biases like overconfidence, confirmation bias, and loss aversion can impact your investments. More importantly, discover how you can avoid these pitfalls to make smarter,… Read more