When building your investment portfolio, keep the following three tips in mind:
Diversify your investments
It’s never a good idea to keep most of your money in a single stock or investment. Even if the firm is solid, you never know what the future may bring. If the company tumbled,… Read more
One of the most heartbreaking phenomena among senior citizens is investment fraud. Unfortunately living in Israel is not an insurance policy against financial deception. Recently I met with several victims of financial deceit to see what damage control can be done and what they could do to protect themselves in the future…. Read more
If you are in a high tax bracket in the United States, you may own some municipal bonds in an effort to minimize your tax bill.
First of all, what are muni bonds? As their name suggests, these are issued by government entities. When you purchase a municipal bond,… Read more
The “three-legged stool” approach to retirement – a traditional pension, social security, and individual savings plans – is not necessarily stable anymore. Instead of depending on an increasingly cash-strapped government or pension plans with portfolio managers whose actual investment results may fall short of your anticipated benefits, perhaps it’s time to look inward…. Read more
As the medical adage goes, “an ounce of prevention is better than a pound of cure.” This expression rings true when it comes to personal finances, too. As any financial professional might tell you, people who are deep in debt due to bad spending habits find their bad fiscal habits extremely difficult to change…. Read more
Many Americans in Israel received a surprise letter from their U.S.brokerage firm letting them know that their brokerage accounts couldn’t be serviced because they had an Israeli address on file. The lawyers for the U.S. brokerage firm felt that their firm couldn’t conduct business inIsraeland, as such, clients were left in the lurch…. Read more
