Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
What Type of Millionaire Should You Be?
Do you dream of joining the ranks of the world’s millionaires? Whatever your ambitions, understanding the different types of millionaires is a key to success. From net-worth millionaires who’ve accrued their wealth through investments, to asset-value millionaires whose fortunes lie in tangible assets, to cash-flow millionaires who leverage the power of passive income,… Read more
Why I’m Not Afraid of Being Replaced by a Robo-Advisor or AI
I’m fascinated by AI tools and find my curiosity only heightens when I aim to incorporate them into my everyday life (full disclosure: this article is penned by a living, breathing human—not AI). Though Robo-advisors and Certified Financial Planners (CFP®) both strive to provide sound financial advice, there exists a vast contrast in their approach and overall capabilities…. Read more
Is a Mortgage the Best Way to Finance a Home?
Did you find the house of your dreams and now want to know what the best way to finance a home is? There are multiple options available and it can be difficult to determine which is the best one: should you take out a mortgage or liquidate investments and use that money?… Read more
How to Choose the Right Financial Advisor for You
Financial Planning: When to Merge Assets in a Second Marriage
Making financial decisions as part of a second marriage can be tricky. Recently I was helping a woman who had remarried and was looking for advice on how to handle her new financial situation. Second marriages, where each spouse brings assets, debts, and children with them, need to be managed with sensitivity…. Read more
The Best Way to Draw an Income from Your Investments
Investing isn’t just about accumulating wealth; it’s also about creating a sustainable income stream that you can rely on for life. Benjamin Franklin said, “Money makes money. And the money that money makes, makes money.” That is all well and good, but in order to make this work, you need a smart investment plan…. Read more
Investing in Non-Publicly Traded REITs: What You Should Know
Real estate investment trusts (REITs) can be a great way to diversify your portfolio. Before you invest in a REIT, it’s important to know the difference between “private”/“non-publicly traded” REITs and publicly traded REITs.
A REIT is an organization that owns, manages, and operates property. This can include residential and commercial properties,… Read more
Are You Waiting for a Tragedy Before You Learn About Your Family Finances?
When I help people manage their U.S. investment accounts, I often see a familiar dynamic where one spouse has a more active role in the family’s finances… to the point where the other spouse doesn’t really know what is going on.
I recently met with an older couple where the husband had handled the family’s finances…. Read more
Will Your Investments Help You Realize Your Dreams?
What is the goal of your investment portfolio? Do your investments just serve you, or do they have a broader reach? Many investors’ ultimate goal is to create wealth that will enable them to meet personal financial goals and make a lasting impact on the world. If this describes you,… Read more