Goldstein on Gelt

How can you invest for retirement in a low-interest rate environment? One answer is to invest in bonds. Learn why many retirees choose to invest in bonds, what the risks are, and how to buy them. Investing in a bond fund can help diversify your portfolio. This week's Goldstein on Gelt podcast gives a link for a video about bond laddering and an article that explains how bond funds can increase you...

This week, it's Doug's birthday, and to celebrate, he goes back to basics. He shares the wisdom that his mother, a 17-year veteran of Wall Street, taught him, and the stock-picking trick his grandmother, one of the first women to be licensed as a stock broker in America, used.   In today's guest interview, Peter Schiff, economist, financial analyst, and president of the Euro Pacific Bank, discusse...

Financial expert Peter Schiff returns to The Goldstein on Gelt Show with some advice for the 2016 president-elect on the American economy. Whether Clinton or Trump is elected, the American president must take America out of the current recession and restore America's greatness. In his message to the next U.S. president, Schiff explains the effects of a weak dollar on stock prices and much more. Th...

Did you ever wonder why people make such a big deal about interest rates? Doug explains why interest rates affect you, what you should do if you think rates will keep rising, and how the risks of rising interest may impact your financial health.   In today’s interview, Doug meets Anne-Marie Slaughter, president and CEO of New America and author of Unfinished Business: Women, Men, Work, Family , wh...

You don’t need to be an American to trade in U.S. securities. Find out how to invest in one of the most popular investment tools, Exchange Traded Funds (ETFs), even when you don’t live in America. Learn why  ETFs are such popular investments, and how they may improve your portfolio’s return. Listen for the link to a video that will tell you if you need a money manager to handle your ETFs. If you w...

Do you know the implications of moving your money from one country to another? The San Bernardino terror attack had serious repercussions on the world banking system. Learn which measures to take to keep your money out of the hands of terrorists. Does having a U.S. brokerage account protect against money laundering and keep your personal information safe?  Steve Lohr, Pulitzer Prize winning journa...

Retirement planning isn’t only about accumulating enough assets. One of the secrets of financial success is developing good money habits. You can improve your financial habits by following the three T’s. Tune in to find out what these are. Preparing for retirement isn’t only about money. Doug speaks with  Stan Hinden, retired Washington Post financial writer and author of How to Retire Happy: The...

“Save for Retirement” is a common mantra among financial professionals, but what are the specific strategies you should use? What is the secret of successful long-term saving and how can you make sure to stick to your goals? Don’t miss Doug’s top tips, as he explains the best way to save for retirement. Why is it so important to automate your savings? How do you know what you will need when you re...

Did you give (or get) a gift recently?   If you give a sizeable financial gift, who pays the tax? The donor or the recipient? What are gift exclusions and how do they relate to couples?   In today’s Goldstein On Gelt interview, Doug speaks with futurist Martin Ford, New York Times best-selling author of Rise of the Robots: Technology and the Threat of a Jobless Future . Martin questions whether th...

What are the most common questions that investors ask? Doug created a series of 12 short videos with the answers to the questions he is most frequently asked.. Watch the videos at www.profile-financial.com/faq-video . Today, Doug  helps you with your financial paperwork, and lets you know what papers you really need to keep.   In today’s interview Roger Lowenstein, author of America’s Bank: The Ep...

Is the bank really the best place for your money? And what are the best financial habits that you should try to adopt? Doug shares tips to implement financial habits such: When is taking money out of the bank an important financial move? What's the difference between a mutual fund and an ETF?   Today’s guest, Aviad Goz, representative of Franklin Covey in Israel, specializes in the Seven Habits of...

The most common retirement planning mistakes are made by pre-retirees. These include: Overspending Underspending Social security mistakes Doug explains common mishaps people make and offers suggestions on how to avoid them.   Today’s interview with Professor Laurence Kotlikoff of the Economics Department at Boston University, author of Get What's Yours: The Secrets to Maxing Out Your Social Securi...

In today’s show, Doug answers a commonly asked question: Should people entering a second marriage combine their assets? Doug explains the pros and cons of setting up joint accounts with a new spouse, and lists five important factors to consider when making this decision: Prenuptial agreements Financial privacy (separate doesn’t mean hidden) Compromise Account beneficiaries Finding a happy medium  ...

On today’s show, Doug explains an important fact that everyone who has an IRA should know about bequeathing it to the next generation. Find out what a "stretch IRA" is and how it can save taxes for many generations!   For a clear definition of a stretch IRA, see: http://www.investopedia.com/terms/s/stretch-ira.asp   Today, we meet programmer Jeff Kaufman. Jeff and his wife Julia are an amazing exa...

True story: someone had an IRA with a big U.S. brokerage firm, but he lived overseas. Recently, the firm told him that they would stop servicing his account and that he had to transfer his assets out. What should he do? What is the easiest way to transfer an IRA from one brokerage firm to the next? In today's episode of The Goldstein On Gelt Show , Doug explains what you should do if this happens...

Today, Doug returns to the theme of the habits of wealthy people. Adopt these habits of financially successful people  for yourself:   Pay your bills as soon as you get them Read personal finance books. Start by saving – pay yourself first. Set limits on purchases   Today’s interview explores how adding the human touch and a little fun to government policy and individual investing produces results...

On today’s show, Doug talks about good financial habits. The habits of wealthy and successful people include: Automate savings Control impulse spending Track expenses Take advantage of tax-deferred growth and compound interest Maintain an emergency fund Eliminate and avoid debt   When you set up good habits, use the sequence of the three Ts: Target, Trigger, Treat.   Today’s guest takes the theme...

What should you do if your U.S. brokerage firm tells you that they don’t want you as a client anymore? Doug explains why this might happen, and why you should see this as an opportunity instead of a problem.  He also directs you to his popular 10-minute video, "U.S. Brokerage Accounts for Non U.S. Residents," which thousands of people have watched. Watch it here: http://profile-financial.com/video...

Today, investing and banking are processed electronically. What really happens to your money when you invest? Doug answers this question by revealing the differences between banks and brokerage firms and how each one uses and views your money.     In today’s interview, Milton Kotler, president of the Kotler marketing group and co-author of Winning Global Markets: How Businesses Invest and Prosper...

Professor Irwin Horwitz of Texas A&M University returns to The Goldstein on Gelt Show to share his thoughts on the American education system. How will the decline in standards ultimately affect the economy? Are we focusing on the right things in education? Why is it important to stand up for your beliefs and how can you do so in a hostile environment? Doug spoke about: How to get things done Clear...

Andy Andrews, best-selling author of The Butterfly Effect and The Traveler’s Gift , returns to the Goldstein On Gelt Show to discuss: What should you do when you think you have run out of ideas or solutions? How reading biographies and autobiographies can turn your own life around What is the Butterfly Effect, and how does it help you to become a successful parent? Visit Andy’s website, www. AndyA...

Rex Sinquefield explains how and why he developed this investment tool. He also shares his thoughts on the importance of learning chess and why philanthropy is an integral part of personal finance.   What are index funds? How should people invest their money for the long term? Why should schools teach chess? What is the best way to give charity? The Show-Me Institute RexSinquefield.com

Ami Gal, co-founder and CEO of SQream Technologies, discusses how his company’s technology analyzes data quickly and efficiently. Why is quality analysis critical for achieving good results? What data analysis models used in personal finance? Why do Israeli companies have the edge in creating useful high-tech tools?   Follow Ami Gal and SQream at: www. SQream.com

Lisa Daftari, investigative journalist and expert on the Middle East and counterterrorism, discusses the U.S-Iran deal. Why are many people, including some of the Arab world, against the deal? Why is the West negotiating with the current Iranian regime when several American hostages are being held in Iran? What are the financial ramifications of the deal?   Follow Lisa Daftari on: http://www.lisad...