Goldstein on Gelt

Think you can outsmart the stock market? Think again! Investors who chase market highs and lows often lose out on long-term gains. This episode reveals why emotional decisions and frequent trading are draining your wealth, and how a simple, steady approach can help you build a strong, diversified portfolio. You'll learn why staying invested matters, how compounding grows your wealth over time, and...

Opportunities to build significant wealth don't knock every day. The key is being prepared when they do. These rare, game-changing events—often called "tail events"—can transform your financial future if you position yourself correctly. This episode unpacks how to spot these opportunities, why diversification is essential to mitigate risk, and how patience and automation can keep you consistent an...

Did you know your U.S. IRA could still provide major tax advantages even after making Aliya? In this episode, special guest Yaacov Jacob, an expert accountant with extensive experience helping cross-border clients, joins the show to reveal essential strategies for Americans living in Israel. Together, we unpack the differences between traditional and Roth IRAs, explore how Israeli and U.S. tax sys...

Are your investments suffering from information overload? If financial headlines make you feel like you're riding a rollercoaster blindfolded, you're not alone. This episode dives into the sneaky biases that derail your decisions—like recency bias and emotional investing—and shows you how to fight back. From crafting a solid investment plan to tuning out the noise, you'll learn how to cut through...

Unlock the secrets to growing your wealth while living abroad! Managing U.S. investments from Israel comes with unique challenges, but with the right strategies, you can maximize your portfolio, cut down on taxes, and even help others in a tax-smart way. In this episode, we dive into powerful ways to take control of your finances, reduce risk with smart diversification, and turn your investment wi...

Discover how to evaluate your portfolio like a pro, keep your investments balanced, and focus on strategies that truly build wealth. Are your investments calling the shots in your life? Too often, people fall head over heels for a single stock, forgetting the golden rules of smart investing. This episode dives into how emotional attachment can derail your financial plans and why it's so important...

Required Minimum Distributions (RMDs) don't have to be a headache! Think of it like this: it's your money graduating from retirement savings school and finally heading out into the world. In this episode, we break down what RMDs really mean for your IRA, how to dodge those nasty penalties, and how to use these withdrawals to your advantage. Whether you're managing your own account or handling an i...

Ready to stop sweating every market wobble and start investing like a pro? This episode on asset allocation has the answers you've been Googling at 2 a.m. Discover how to build a portfolio that's as calm under pressure as your favorite Zen master, learn why diversification is the financial equivalent of not putting all your eggs in one basket (because who wants scrambled retirement plans?), and fi...

Retirement planning doesn't have to feel like a chore! It can be the key to unlocking your dream lifestyle in the golden years. Dive into the secrets of crafting a retirement strategy that's not just secure but exciting. From transitioning from saving to spending to creating a steady mix of income streams, learn how to turn your retirement dreams into reality. Whether you're just getting started o...

  Let's face it—scammers are getting sneakier, and your hard-earned money is their ultimate prize. Don't let them win! Marketing guru Jay Schwedelson shares eye-opening insights into the clever tactics scammers use to grab your attention and trick you into risky decisions. Learn how to recognize these schemes and take control before they can do any damage. You'll discover simple, no-nonsense strat...

Are you ready to take control of your cross-border finances like a pro? In this episode, we tackle the challenges expats face with managing investments, handling multiple currencies, and staying ahead of regulatory headaches. Say goodbye to confusion and hello to clarity with tips to protect your wealth and make your money work for you. Whether you're balancing dollars and shekels or safeguarding...

Think T.O.D. Accounts Are Simple? Think Again! T.O.D. accounts might sound like the shortcut to estate planning bliss, but for cross-border families, they can lead straight to chaos. Tax traps, legal tangles, and probate drama are just a few of the surprises waiting for unsuspecting heirs. Don't let a so-called "simple solution" turn into a family nightmare—learn how to sidestep the pitfalls and b...

Why Even Millionaires Can Feel Cash-Strapped and What to Do About It Rich on paper but broke in reality? It's called a liquidity trap, and it's more common than you think! If your wealth is tied up in real estate or illiquid investments, accessing the cash you need can feel like breaking into a locked safe. Learn how to make your money work for you, avoid the headaches of financial inflexibility,...

Thinking about renouncing your U.S. citizenship? It's a decision that comes packed with complex financial and emotional considerations! Eli Clark, an international lawyer with a focus on cross-border estate planning, joins us to unpack the nuances. From untangling complicated banking woes to understanding the infamous exit tax, there's a lot at stake. We dive deep into what it really means to leav...

Investing can feel like riding a roller coaster, but the secret to success isn't in predicting the market—it's in mastering your emotions. Is your portfolio still working for you, or are fear and excitement driving your decisions? This episode reveals how unchecked emotions can derail even the best financial plans—and what you can do to stay in control. Learn how to align your investments with you...

Struggling to feel in control of your finances? Sometimes, investments can take unexpected turns, especially if you're dealing with cross-border accounts or unfamiliar tax rules. This episode dives into how to recognize when your portfolio is steering off course, why you should always trust your gut, and the importance of simplifying your strategy. Learn why risky investments, hidden tax consequen...

Worried about whether your money will last through retirement? You're not alone, but there's a powerful tool that could help turn your concerns into confidence: dividend-paying ETFs. These handy investments could pay you regular income—without you having to lift a finger. Imagine setting up a second paycheck just from your portfolio! Whether you're looking for potential stability during market ups...

Estate planning may sound like a snooze, but there's one powerful document you can't afford to ignore: the enduring power of attorney. In this episode, Doug Goldstein and Mirit Hoffman uncover why this single document is your secret weapon for staying in control of your finances and healthcare, even when life throws unexpected curveballs. Plus, discover how to avoid the headaches of guardianship,...

What happens to your U.S. investments when you're gone? Spoiler: It's not as simple as your heirs calling dibs! This episode uncovers the hidden complexities of transferring U.S. brokerage and IRA accounts for those living in Israel. From joint accounts with rights of survivorship to individual IRAs, understanding the necessary paperwork—like death certificates and transfer certificates—can preven...

Ready to Master Your Finances in Israel? Discover the P4 Approach! 🌍💰 Are you an American living in Israel or planning to move and wondering how to take control of your financial future? This episode is your roadmap to building a personalized financial plan that aligns with your unique goals and circumstances, no matter where life takes you. Meet the P4 Approach—a proven strategy to help you sta...

Navigating major life transitions can be overwhelming, especially when your financial stability is at stake. Whether you're approaching retirement, considering a career change, facing a divorce, or dealing with an inheritance, each of these milestones presents unique challenges that require careful planning and informed decision-making. If you're an American living in Israel with U.S. investments,...

Understanding how behavioral finance impacts investment decisions is crucial for achieving long-term financial success. This episode dives into the psychological biases that often lead investors astray, such as overconfidence, loss aversion, and herd mentality. By recognizing these patterns, listeners can take control of their financial decisions, avoid common pitfalls, and build a more resilient...

Managing capital gains taxes is a critical aspect of financial planning, especially for cross-border investors with U.S. brokerage accounts who may be dealing with two (or more) tax jurisdictions. This episode explains the importance of understanding realized and unrealized gains, highlighting how misinterpreting these can lead to unexpected and often costly tax bills. The discussion focuses on th...

Overcoming money silence and fostering healthy financial dynamics within families are crucial for financial well-being. This episode delves into the challenges many face when it comes to discussing money with loved ones, especially across generations. Learn how to break the taboo of money silence , establish open financial communication, and create a supportive environment for discussing financial...

Ever wondered why inheriting money can feel like a burden instead of a blessing? When you receive an inheritance, it's like a bittersweet hug from the past. Dealing with it can be both emotionally and financially challenging. This episode delves into the complexities of inheriting money and explores the psychological barriers that can prevent heirs from accepting their new assets. It offers practi...