Goldstein on Gelt

How to Make Money in the Stock Market Month is coming to a close. Today's show will be a recap of what The Goldstein on Gelt Show covered about the stock market during the month and what subscribers can expect next month. If you subscribed to The Goldstein on Gelt newsletter, Doug has sent you an invite to today's webinar. If you did not have the opportunity to attend the free webinar, but want to...

Are you considering stock trading as a way to make money? Don't! While stock trading may pump up your adrenalin, it hasn't necessarily been proven to drive up your market returns. If you're wondering why stock trading isn't as great as it is cracked up to be, download Doug's free resource that explains why. The resource uncovers why stock trading is a bad investment strategy. Doug explains why sto...

How do you protect your investments? Doug created a free resource containing ten steps to help you protect your investments from hackers. These ten steps are effortless and practical. Download Protect Your Investments from Hackers with These 10 Easy Steps . Keep all of your investments secure before investing. Download free resource: Protect Your Investments from Hackers with These 10 Easy Steps D...

Did you get a "Dear John" letter from your U.S. brokerage account informing you that your account will be closed? A Goldstein on Gelt Show listener recently received a letter from their U.S. brokerage firm dropping them as a client. The listener wants to know if there is an easy way to open a U.S. brokerage account from Israel. And there is! There are U.S. brokerage firms that work with cross-bord...

Do you and your spouse have a financially stable marriage? In honor of his 26 th wedding anniversary (BatSheva - looking forwards to many more!!!), Doug created a free resource to help you make sure you and your spouse are mindful of how money affects your marriage. You can build a financially stable marriage in different ways: you can jointly review your financial statements regularly, stay away...

Do PFICs (Passive Foreign Investment Companies) deserve a bad rap? Why do Doug and his guests tell listeners "don't invest in PFICs." Today's guest, Stacy Collier, will explain exactly why an investor should avoid PFICs, otherwise known as offshore mutual funds. Stacy Collier, a U.S. based CPA, specializes in helping U.S. citizens manage their money from abroad. Stacy outlines the good, the bad, a...

Would you trust a computer to make your stock trades? Well, that's exactly what algorithmic trading does. Bert Mouler, founder and CIO of Profluent Capital, develops artificial intelligence that creates an algorithm for optimal trading. Bert explains what algorithmic trading is and how it differs from robo-advisors. He explains why algorithmic trading is efficient, and assures investors that the c...

Why do people like to invest in gold? Investing in gold is like purchasing wealth insurance, but why? Rich Checkan, president of Asset Strategies International, and Doug explore the benefits of owning and investing in gold. Rich explains how gold always keeps its value, what he refers to as wealth insurance. He shares the best ways to store gold and how to sell gold when it is time. He warns liste...

There's more to financial advising than making a client money. How can a financial advisor make the markets more humane? Mihir Desai, professor of finance at Harvard and author of The Wisdom of Finance: Discovering Humanity in the World of Risk and Return wants to demystify financial markets and make them friendlier. He warns the audience that the financial system is broken, and proposes a fix: ch...

American citizens abroad need to pay taxes both to their host country as well as Uncle Sam. What is being done to minimize the tax burden on these Americans? American Citizens Abroad (ACA) is leading the fight for tax reform. Marylouise Serrato, executive director of American Citizens Abroad, explains their position on international American citizens' tax rights. Americans living abroad are curren...

Is Bitcoin a virtual currency or a "real" currency? Can a viable currency be independent of a government or bank? Why don't you see people buying their morning coffee with bitcoin? Brian Patrick Eha, author of How Money Got Free: Bitcoin and the Fight for the Future of Finance , explores the development and phenomenon of digital currencies, including Bitcoin. Brian shares the history of Bitcoin an...

Believe it or not, your financial planner's track record isn't as important as their financial philosophy. This is because your financial planner's main job is to help you gain a sense of control over your financial future, not pick the next hot stocks. There are no quick tricks –financial planning is a process that takes time, especially if you just received an inheritance. Marguerita Cheng, CFP®...

Cross-border investing means you have money in more than one country. How easily can you access your money and what are the tax implications for investing in different countries? When an American citizen moves to Israel, or any other foreign country, there are many things they need to do keep their money accessible. What should international investors do to make sure their money is accessible even...

Globalization connects the world and creates endless possibilities. But globalization is not a win-win scenario for everyone. How are your personal finances affected by a growing global economy? Professor Angus Deaton, Nobel Prize-winning economist and Professor Emeritus at Princeton University, joins the show to talk about the effects of globalization on the economy. He explains why there is stil...

Contracts are an integral part of life. Many of our daily interactions include either a verbal or written contract. What contract is implied when you buy/sell investments? Oliver Hart, Nobel Prize winner and Economics Professor at Harvard University, explains "contract theory." He defines what a contract is and how people enter into agreements. Listen to their discussion of bond contracts and othe...

Joining Doug today are the panelists from the Money Tree Investing Podcast : Joe Saul-Sehy, Miranda Marquit, and Linda P. Jones. The discussion among four top financial podcasts focuses on the real issues brought up in listener questions. Send your questions , or tell me your biggest financial problem!

Should the goal of investing be to beat the market or to meet your personal financial goals? Spencer Jakab, editor of The Wall Street Journal's column Heard on the Street and author of Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor , describes what happens when investors let media pundits (experts) and trends sway their financial habits. Frequently, indiv...

Most adult children eventually face the problem of having to help aging parents with financial decisions. What is the easiest way to have that discussion when the time comes? Carolyn Rosenblatt and Dr. Mikol Davis of Aging Parents offer non-threatening ways to begin the conversation and how to respond if a parent doesn't want to talk about the subject. Approaching an aging parent about their intel...

If you were born between 1982 and 2004 you can be considered a millennial investor. This is because millennials were born near, or came of age, during the 21 st century. Millennial investors are the largest generation in American history, and the most tech orientated. How does their reliance on technology affect their finances? Unfortunately, millennial investors have a reputation for being disint...

What does the perfect investment portfolio look like? Ken French, Professor of Finance at the Tuck School of Business at Dartmouth College, explains how to build a perfect investment portfolio. Since no one is the average investor, figure out how you are different from the average investor, and build your portfolio accordingly. Financial success isn't built by choosing the right stock, but making...

To protect your portfolio's assets and keep investment gains, it is more important to buy at the right price or sell at the right price? Grant Williams, co-founder of the Real Vision Group and author of Things That Make You Go Hmmm… discusses the steps that investors can take to protect their investment portfolio. There is no guaranteed answer, however, there are decisions and precautionary measur...

Your portfolio returns can be affected by not only owning the right investment, but by making sure it is in the right type of account. Bob French, the Director of Investment Analytics at McLean Asset Management, gives insights on how investors can optimize their portfolio returns. Different investments grow at different rates, Bob helps investors put the right investment in the right type of accou...

Retirement is all about cash flow. After all, it's your income that will determine your lifestyle in retirement, not your net worth . Jason Parker, Retirement Income Certified Professional, explains what the term "cash flow" means and why it is important for retirees to have a source of income. Should your net worth should be your main focus in retirement planning or your cash flow? Jason stresses...

Do you ever dream about retiring early? Billy and Akaisha Kadarli share their story of how they managed to retire early, at age 38. Billy, a Wall Street investor, realized he and his wife needed to pull back from work to help their marriage. Billy chronicles the steps he took towards early retirement and explains how he keeps his portfolio healthy. Learn about his market approach as well as his ma...

Are you looking for a way to choose better investments? If so, consider "factor investing." Professor Elroy Dimson of the Cambridge Judge Business School believes factor investing leads to better results. This is because, he says, if you expose your portfolio to a variety of factors (different from just investing in different industries or sectors), these distinctive attributes have a very importa...