Goldstein on Gelt

Stretching is not only for the gym… if you have a "Stretch IRA" you can s-t-r-e-t-c-h out the taxes due on your inherited IRA (Individual Retirement Account). If you pay taxes later, you have more money to invest now! CPA and Estate Planning Attorney Jim Lange discusses with Doug how to best title and organize inherited IRAs so beneficiaries can defer taxes. Jim stresses the importance of setting...

We are living in "the age of longevity" where 20-year-olds can expect to live to 100! Does this mean the current retirement system will soon be obsolete? Professor Andrew Scott, an economics professor at the London Business School and author of The 100-Year Life: Living and Working in an Age of Longevity , discusses how retirement planning needs to change to face the challenges of an extended life...

Retirement planner Nahum Daniels, CFP®, discusses with Doug how retirees can maintain a steady cash flow in retirement without receiving a paycheck. Nahum and Doug compare and contrast the benefits of fixed annuities, index funds, passive investing and bonds. Is one investment vehicle better than the others? Are bonds appropriate for retirees? Many retirees have a large percentage of bonds in thei...

Does a stock market trader need to be lucky? Or is there a skill that can be learned to get stock market trading success? Jack Schwager, author of the Market Wizard series, examines the difference between having "luck" in stock market trading and having a well-informed system or algorithm to choose trades. Unfortunately, some investors think intuition is all they need to make great stock choices....

Can analysts predict the factors that drive investment returns? Does the "dual momentum" approach improve investment returns? Gary Antonacci, winner of the Wagner Award for Advances in Active Investment Management, explains how he combines two strategies in his dual momentum approach. Can relative momentum (buying stocks that perform better than their peers) and time series momentum (buying on pos...

Are you afraid to begin market trading? Aaron Fifield, the host of the financial podcast, Chat with Traders takes the mystery out of market trading is and explains how to get started. Doug and Aaron discuss what sort of attitude best serves a trader. They also debunk misconceptions people have about market trading. Aaron offers advice for newcomers who might be intimidated by bigger traders and co...

Attitude is everything and Jen Sincero, New York Times bestselling author of You Are a Badass at Making Money: Master the Mindset of Wealth , explains how a positive money mindset is critical to financial success. Jen is a firm believer that you create your financial situation based upon how you think about money. She and Doug discuss common delusions people have about money, and provides tips on...

Doug welcomes Meb Faber, chief investment officer of Cambria Investment Management, to the show to discuss why people have a hard time finding the right investments. Listen as they explore common mistakes investors make when choosing their investments. Meb reveals a good investment that is commonly overlooked: investing in a financial advisor. Meb expounds on why a money manager is a sound investm...

Ellen Rogin, CPA, CFP®, and The New York Times bestselling author of Picture Your Prosperity: Smart Money Moves to Turn Your Vision into Reality joins the show to help motivate listeners to reach their financial goals. You can do it! Ellen and Doug talk about the effectiveness of imagining your ideal life as a motivator towards making good decisions. Ask yourself, "What would my ideal retirement l...

Tobias Carlisle, author of Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations   joins Doug to discuss the difference between deep value investors and franchise investors. What type of investor are you? You're a deep value investor if you look for small companies that have the potential to be great. The deep value method is a long-term approach that r...

Doug makes a convincing case for REITs (Real Estate Investment Trusts) for people wanting to invest in real estate. REITs may be a good alternative for people who want to own real estate but want to avoid the "mess" of being a landlord. Doug explains what a REIT is and its potential benefits. He also discusses the problems of doing business outside of the U.S. with "packaged products." Listeners w...

Professor Elinor Ostrom, winner of the 2009 Nobel Prize in Economics, explains what common pool resources are and how this concept encourages preservation of the environment. We were privileged to interview Professor Ostrom a few weeks before she passed away in 2012.

Have you been approached by a "too good to be true" offer or other investment scheme? Many people are tricked by questionable investment offers. What's the biggest mistake these people make? They don't read the fine print. Doug stresses the importance of understanding all your investments before making a financial decision. He suggests consulting a professional money manager or a trusted advisor w...

Has the firm holding your U.S. brokerage account asked you to transfer your assets out because you no longer have an American address? Doug shares an experience he had when he helped an American living in Israel with their U.S. brokerage account. There are certain issues investor needs to know before moving their U.S. based assets. When that dreaded letter comes in the mail, Doug has insights on h...

Want to learn about a solid strategy to diversify your investments? Doug recalls his interview with Nobel Prize winner Dr. Harry Markowitz about Modern Portfolio Theory. The conversation gave practical advice about using market analysis to find the right investments for a well-diversified portfolio. (Listen here to their discussion) If you don't want to build a diversified portfolio by yourself, y...

The host of the Mo' Money Podcast, Jessica Moorhouse tells Doug what millennials need to know about investing. They discuss the financial difficulties the millennial generation deal with and how that poor preparation can be countered. Jessica emphasizes the ideal financial plan of both reducing debt and investing money for the future. One of these planning techniques is creating smart money habits...

Does fear drive your international investing decisions? Listen for tips on how to minimize your fear of investments. Don't let what might happen affect your decision making. Bearing that in mind, Doug also suggests that diversifying the currency in your portfolio is crucial for people who save in one currency and spend in another. Be sure your investment decisions are within your comfort level. In...

Christine Benz, the author of Morningstar's 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances   and senior columnist for Morningst a r returns to talk withDoug about how investors can use the "bucket strategy" to manage their fear of risk. She shares how investors can manage risk in this "war on savers" market. In today's current market, risk is becoming more of a necessity...

Michael W. Zisa, a high school finance teacher and author of The Early Investor , is an advocate of teaching personal finance so kids can start investing at an early age. Michael shares what it's like to teach young investors to make wise and informed investments. He describes the encouraging response to his class and what are some of the investment basics he covers with his students. Why joint br...

Can decision fatigue be partly to blame for a bad investment choice? Nyle Bayer, an experienced money manager, examines what decision fatigue is and how it can cause you to make poor investment choices. Nyle has worked in the financial sector for many years with his father who is also a financial advisor and CFP®. He discusses what factors he has personally observed that could result in a bad inve...

Professor Tomas Lindahl, winner of the 2015 Nobel Prize in Chemistry, talks about his research with DNA and the human genome. Dr. Lindahl shares insights about the vulnerability of your DNA… and how it might be possible to fix it. Is a cure for cancer on the horizon? Discover why medical research is one of the most important investments there are.

Professor Robert C. Merton, winner of the 1997 Nobel Prize for Economic Sciences and professor of finance at the MIT Sloan School of Management, explains how a longer average lifespan affects retirement planning and what you need to do to plan for your old age today. Follow Professor Merton at: www.robertcmerton.com

Professor Robert Shiller, winner of the 2013 Nobel Prize in, and author of Finance and the Good Society , talks about how financial institutions and innovations could ultimately be used to improve the quality of society. How can high finance be used to reduce inequality among people? Follow Robert Shiller at www.robertshiller.com

Professor Arieh Warshel, winner of the 2013 Nobel Prize in Chemistry, talks about the role of chemical processes in daily life and how these aid scientific breakthroughs. Find out why there has been a "brain drain" in recent years, as many scientists and researchers look for research funding abroad, and what expat Israeli intellectuals are doing about academic boycotts.

Economics Professor Alvin Roth of Stanford University won the 2012 Nobel Prize in Economics for his work on market design. What is "market design," and how can it be applied to kidney donation, getting married, and medical students choosing residency programs?