Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
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
4 Qualities to Look for in Choosing Money Managers
Your financial advisor/broker can help you with portfolio planning and carrying out the actual investing. He can suggest suitable purchases, but he cannot follow each and every client’s financial holdings on a daily basis.
That is where a money manager comes in. Financial planners encourage clients to hire a money management team to focus on their portfolios…. Read more
Investing Strategies 101: Buy and Hold
One of the main keys to successful investing is strategy. In the financial world, there are various approaches and strategies for handling your money, and it’s always a good idea to research them to find out whether they could be useful to you.
Over the next three weeks, I will explain the nature of different investment strategies and how they work…. Read more
5 Tips to Following Your Financial Plan
Making a financial plan is about a lot more than juggling annual returns, budgets, and anticipated income and expenses. It is a detailed snapshot of your cash flow as well as your goals, and what you are willing to compromise to achieve them.
Here are five tips to help you create and maintain your financial plan:
Avoid unrealistic expectations.… Read more
