Investors frequently diversify their portfolios between stocks, bonds, and cash in order to find the best tool for making money. Some people also diversify between different sectors of the economy, and invest in different countries around the world. However, an important but often overlooked type of diversification is active and passive management. … Read more
At a recent client meeting, the husband asked, “Why don’t you make all of the decisions in managing our money?” I answered:
“Investment advisors don’t take discretion”
In Israel, there are two different licenses: investment advisor and money manager. As an investment advisor, my job is to talk to people about their needs and educate them about the possibilities…. Read more
My clients often ask me how I manage my own money. I’m happy to answer this question.
Not everyone should invest the same way
Investments aren’t a matter of “one size fits all.” All folks have their own personal circumstances, risk tolerance, and goals. Therefore, I wouldn’t recommend you copy my portfolio because my needs are probably different from yours…. Read more
When you go to an investment advisor and open a brokerage portfolio, who actually watches your money?
The answer depends on the type of account you open. Generally, investment accounts are handled by a team: an investment advisor, money manager (if selected), and you. Each plays a different role, and it’s important to understand the different functions…. Read more
The title of this article is a rhetorical question. You may not have a choice… many Israeli banks no longer provide investment services for accounts held by American taxpayers.
To be compliant with new American regulations, many Israeli banks no longer open investment accounts for Americans. While dual American-Israelis can continue with banking and checking services,… Read more
Though there are many questions you should ask when selecting someone to help you handle your money, consider these three:
#1 Who is the subject of the first meeting
At your initial meeting, the advisor should spend much more time asking you questions than lecturing about who he is…. Read more
Summer’s here! But before you head to the beach, consider the following:
Suntan lotion: The sun’s negative effects and its ability to cause skin cancer are only seen many decades later. Though your great tan might give you a “healthy” look, it could lead to your demise in the future…. Read more
Here’s a story that I’ve watched unfold many times in my conference room. Do you recognize yourself, or perhaps your parents?
She made a lot of money
I sat with a new client, a woman whose husband of over 50 years had handled all of the money decisions, and she proudly told me about all of the successful stocks that he had chosen…. Read more
Are you drowning under the paperwork related to your U.S. brokerage account? Securities regulations require investment companies to provide a great deal of information to their clients. This transparency is ultimately meant to help the consumer. However, if you are like many people, you toss the paperwork without actually reading it…. Read more
Typically, retirement income consists of pensions from work and the government (If you’re an American receiving Social Security and an Israeli pension, see our free video webinar on the “Windfall Elimination Provision” that will cut your Social Security payments).
For many retirees, pensions aren’t enough to meet their needs…. Read more
