Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
Adding Global Assets to Your Retirement Portfolio
Putting a portion of your retirement portfolio in another country is a good way to diversify risk on a global level. The risks associated with the economy of any single country can be mitigated by purchasing assets in other countries. Geographic diversification can be achieved through a U.S. brokerage firm by buying foreign stocks,… Read more
The Opposite of Spoiled
As a financial advisor, I sometimes come across parents who, in trying to avoid spoiling their children, have passed down negative or unhealthy attitudes to money, either by not speaking about it at all or not teaching their children to relate to money appropriately. This is often reflected in poor spending habits,… Read more
Are Junk Bonds Worth the Higher Yield?
Higher yield usually means greater risk. Frequently, investors are mesmerized by high-yield bonds and ignore the reason for the high yield. Higher yield bonds mean that there is a greater chance the bond might default. Investing in a bond fund or an exchange-traded fund diversifies away some of the risk, but won’t completely protect you from defaults on principal or interest payments…. Read more
The Costs and Benefits of Early Retirement
Early retirement may sound appealing. But like most things, timing and planning are essential.
Assuming that you have planned your retirement with the help of a professional financial advisor, you should know how much money you will need to support your future lifestyle.
If your retirement income won’t suffice, you may need to consider part-time work…. Read more
The Anti-Emergency Fund
No matter how well you plan, unexpected surprises can derail your budget. While it’s a good idea to have an emergency fund, if you have one, how do you decide when to dip into the fund? Is replacing a broken microwave an emergency?
There are a set amount of expenses that aren’t emergencies,… Read more
Protect Your Retirement from Inflation
As you read this, inflation is eating away at the value of your money, and you need to protect your retirement from inflation. Over time, American’s inflation rate has slowly eroded the value of the dollar to the point where $1 today would only have been worth 4.8 cents in 1913 dollars…. Read more
Skyrocketing Interest Rates Draw Yield-Seeking Investors in Droves
With skyrocketing interest rates, investors are looking for a way to make more money. Yield-seeking investors have started looking at bond funds, which can offer diversification and professional management.
How’s the fund’s performance?
Just because the pros manage mutual funds, that’s no guarantee of returns. In fact, when a mutual fund company buys bonds,… Read more
Do Dividend-Paying Stocks Provide Enough Income?
Equity ownership
When a corporation sells shares of its own stock, these represent ownership in the company. In other words, a purchaser of even just one share of stock in a company is an owner of the company, albeit a very small owner. As a company prospers, it has the option to reinvest profits back into the business…. Read more
How to Stay One Move Ahead in the Game
One of my favorite hobbies is playing chess. Apart from the challenge of checkmating my opponent, I enjoy the lateral thinking, planning, and strategic thinking skills that are involved in the game.
Recently, I was privileged to interview Israel’s top chess player, Grandmaster Boris Gelfand, on The Goldstein on Gelt Show…. Read more
What You Need to Know About Timing the Market
This is the final installment of our series on investment strategy. This week’s article is about market timing, which is essentially the opposite of dollar-cost averaging.
Pros who believe they can put their money into the market at “optimal” times monitor trends and other financial criteria. They believe that markets follow predictable patterns and that market timers can select stocks before they shoot up…. Read more