Personal Finance
How Much Money Do I Need to Retire in Israel?
A lawyer in New York explained to me that he and his wife want to retire in Israel since the majority of their children and grandchildren already live here. “I’ve been working hard to save,” he said, “but I don’t know how much money I need to retire in Israel.”
It’s not only the amount that you have
For this lawyer,… Read more
My Savings are Disappearing, What Should I Do?
How to Invest in Periods of High Inflation
Let’s debunk two main myths about how to invest during high inflation, and then suggest an alternative:
Buy gold – Some people believe that the price of gold goes up during periods of high inflation. But that’s not always true; gold doesn’t always maintain its price. In fact, as I write this,… Read more
How Can You Increase Your Retirement Income?
A Little Bit of Everything – Why Diversification Matters
Why Cash May be More Important than Stocks
How Vacations Can Help You Get Rich
Are You Too Afraid of Losing Money to Invest in the Stock Market?
Are you afraid of losing money in the stock market? Some investors’ fear of losing money compels them to completely avoid the stock market and other volatile investments. This phenomenon is often called “loss aversion.”
People suffering from loss aversion will sometimes wait until they see the market has gone up a lot,… Read more