Do you want steady income from your dollar deposits?

While some people set up their investment portfolio in order to grow their bottom line, others want their investments to provide a steady income.  If you want your dollar deposits to provide income, take the following three steps:
#1. Create an “income oriented” financial plan
Look at the overall economy when creating your financial plan…. Read more

Should You Have Bonds in Your Investment Portfolio?
Bonds in investment portfolio

The past few weeks I’ve written a lot about bonds and considered whether bonds should be in your investment portfolio.  Many people love the income and relative safety bonds provide, but other people hate them.  It’s important to understand why investors love and hate bonds.
Predictable interest rate
LOVE: Folks who despise uncertainty buy bonds because of the “fixed income” schedule…. Read more

Are You Getting High Interest Rates on Your Dollar Deposits?
High interest rates

Do you remember the good old days of getting high interest rates on your dollar deposits?
Remember when you used to look forward to getting your monthly statement because the high interest earned made a substantial difference in your bottom line. This doesn’t necessarily only have to be a memory of the past – you can still get high interest on dollar deposits if you know where to shop…. Read more

Want to Boost Your Monthly Investment Income?
Boost monthly investment income

Last week I wrote about a widow who wanted to boost monthly investment income she received from her portfolio. If you missed the column, here’s the bottom line: Consider bonds. (Click here to read the article).
What’s the easiest way to buy bonds?
“Isn’t there an easy way for me to get monthly income from my portfolio… kind of like a pension?” my client inquired…. Read more

How To Squeeze More Dollars Out Of Your Investments
Increase investment income

A recent widow in her seventies came into my office in Jerusalem for an initial meeting on how to increase her investment income. She said that the $25,000 per year from her portfolio and pensions was simply not enough income to maintain her lifestyle.
The pension stopped – Oy!
Her husband’s pensions stopped when he died,… Read more

Should You Leave Your Children an Inheritance?
Leave your children an inheritance

If you leave your children an inheritance, what will your kids do with your money one day? Most people I meet who receive an inheritance manage the cash influx well. Together, we create a financial plan and then invest according to the plan.
However, sometimes the recipients of large lump sums,… Read more

Why Receiving an Inheritance is Difficult: It’s not “free” money
receive an inheritance isn't easy

Two years after being diagnosed with pancreatic cancer, my father passed away. He left his daughters a houseful of memorabilia and his investment accounts.
Along with the emotional turmoil, I was faced with the task of processing the estate.  I learned a few valuable lessons that I hope you can use to organize your own finances to make it easier for your heirs (in 120 years…)…. Read more

Is it Hard Not to Worry About Your Stocks?
worry about your stocks

Are you finding it hard not to worry about your stocks? Even experienced investors tremble when the market goes crazy. Here’s what you can do now to minimize your worries:
Ignore the news.
Avoid the “hot” tips that you hear from friends or read about on the internet…. Read more