Goldstein on Gelt

Do you look at the news and think that the world is in crisis? How should you invest when things are looking tough around you?  First, it is essential to break down your goals into short-, medium- and long-term investments.  It is important to understand that short term investments should be held in a less risky portfolio, and the longer-term goals can be exposed to a riskier portfolio. A way to u...

When should you let go of financial responsibility? When is it time to delegate some of financial responsibility to your spouse, children, or someone else close? The specific financial responsibilities to be delegated depend on your specific situation. Often they include, giving someone power of attorney, check writing ability, and/or trading authority. Letting go of financial responsibility is a...

What are the steps you need to take before retirement? What are the critical things you must do before you clean out your desk at work? Hopefully you've accumulated a significant amount of savings to supplement your pensions before you retired. But how that money is invested may be even more important than the fact you have savings. An investor should consider their portfolio's asset allocation an...

  If a bond is actually a loan, how and why do people invest in them? In this week's show, Doug and Efraim talk about how bonds are affected by inflation and interest rates.  What are the differences between high and low interest rates, and what causes them to change? Doug explains why when the government is concerned about the economy, the Fed lowers the interest rates which affects the banks and...

For nearly two years investors faced the chaos of Coronavirus. Today, we're facing the chaos caused by the Russian invasion of Ukraine. We can't predict how either of these two events will end, but we do know that sometime in the future there will be more chaos wreaking havoc on the market. What should an investor do when the markets tumble? There have always been wars, plagues, and major upheaval...

What is the first thing you should do after you inherit your parents' stock portfolio? Start with a financial planning outlook. Take a moment to think about your own needs , and determine if the inherited stocks meet those needs. If not, then decide how to sell them and what to invest in instead. The important thing is that even though at one time the assets were your parents' stock, you don't nee...

What do you need to do to have a financially successful retirement? Even if you're lucky enough to receive a work and/or government retirement pension, chances are it won't cover all your expenses. That is why folks increasingly depending on their investment portfolio to sustain their retirement. Have you set up your investment portfolio for success? The free resource " Do These 4 Things to Have a...

Everyone wants a successful investment portfolio – but the definition of a successful investment portfolio is different for everyone. What would need to happen in order for YOU to consider yourself successful at investing? Do you need to redefine your definition of success or redesign your portfolio? Download the free resource " Three Tips for a Successful Portfolio " which gives three simple tips...

When should you speak with a financial advisor? While you should always speak with a financial advisor if you have unanswered questions about your investments, that is not the only time you should consult with a financial professional. To find out when you need to get professional financial advice, listen to this podcast, and then download the free resource 4 Times You Should Speak with a Financia...

Did you inherit money from abroad and are having difficulty collecting the assets? Receiving an inheritance from abroad can be complicated. Claiming an inheritance is full of bureaucracy, as each organization has to verify the beneficiary's identity. If you're a beneficiary to an account in another country, the rules and regulations different firms have are complicated. In order to simplify the pr...

Does your American brokerage firm want to end your relationship because you live in Israel (or anyplace else other than the USA)? Why would a U.S. broker not want to work with an account with a foreign address? Brokerage firms in the United States may drop clients living in Israel because of the fear of not knowing their client properly and extra bureaucracy involved in having clients who live ove...

If you are going to pick individual stocks, how should you choose them? Should you pick growth or value stocks? Is it a good idea to try to pick one stock for your portfolio?  In this week's show, Efraim and Doug talk about what if someone wants to invest in the market without professional advice. Doug explains what the difference between growth and value stock is and the different ways to invest....

In this down to earth show, learn how to use Yahoo! finance to help you research stocks. Efraim is ready to start investing. Listen to Doug's tips on how to research a stock and understand all the numbers. While you listen, open up Yahoo! finance , and follow along as Doug and Efraim click through the different tabs. After listening to this show, you'll be prepared to research stocks. Doug explain...

Why is retirement Israel is different than retirement in America, or anywhere else on the globe? It's because retirement plans need to be specific to individuals. Your retirement plan should reflect your individual goals and the current size of your nest egg. If you're an American living in Israel and having a difficult time working with an American firm, it may be time to switch to an Israeli com...

Have you ever felt as if all the forces in the universe were stacked against you improving your financial situation? That doesn't need to be the case! Today, Doug brings back one of the Goldstein On Gelt podcast's most popular guests, Joe Saul-Sehy to discuss Joe's new book, Stacked (co-written by Goldstein On Gelt former guest, Emily Guy Birken ). This book provides a huge amount of information a...

Do you have enough money to retire and be financially secure? How do you even know what "enough" money is? Thinking about your retirement can be overwhelming, and it is natural to be concerned about retirement. The good news is the more carefully you plan for retirement, the more likely you'll be able to make it financially. If you're worried about retirement, download the free resource , "You'll...

What is the best way to plan in order to achieve a financially secure retirement? Is there a secret that wealthy people have that "ordinary folks" can imitate? A financially secure retirement is determined predominately by a person's savings and investments. As you get older and your savings increase, the features of your investments should change. Take stock of where you are now, and determine a...

What are your unanswered questions about creating a retirement plan? Today's show features a listener's question about what he needs to do to create a retirement plan and create a long-term retirement strategy. Retirement planning is not "one size fits all." Financial situations are often complex and intertwined with an individual's personal finances. Some investment vehicles are better tools than...

Have you heard the financial lessons of "Scatter Man" and "Generous Mom?" While identifying characteristics have been changed to maintain the privacy, there are important financial lessons to be learned from these two real-life investor stories. Learn why Scatter Man's diversification techniques don't work. Instead, Doug explains how to consolidate your money and how to put yourself in a position...

Do men and woman have different financial priorities? In this week's show, Efraim and Doug talk about what's the best way to set up your financial priorities and how to talk about it with your spouse. What is the best time of day to have a financial discussion with your spouse? Listen now to find out what Doug has to say about holding on to "good debt," and why it might be a good idea to have a lo...

This week Doug discusses what are the key elements in a strong and healthy relationship. Most people think its "talking to one another". But when is it right not to talk about money? Efraim Goldstein, Doug's son, and happily married for two years and looking to continue to strengthen his marriage, asks the questions all newlyweds should know. When is it the best time to talk to your partner about...

Retirement isn't only a topic for old people, plenty of young people are concerned about it too! Today, Efraim, a young adult not even finished with university studies, asks Doug why young people like himself should be concerned about retiring… even before they start to work. In this week's show, Efraim, Doug's son comes back with more questions about retirement. What should a young adult do to pu...

In this week's show, Doug's son, Efraim, an aspiring real estate mogul, pops into the studio and asks Doug questions about investing in real estate. In the past decade real estate prices have shot up, is now a good time to buy a house or did you already miss the chance to buy at a good price? How does the increase in housing costs relate to the steady growth of the stock market? Is it better to bu...

Israeli divorces are different than American ones. Jay Hait, a licensed lawyer in both America and Israel, joins the show to discuss the financial implications of divorce in Israel. Learn what the most common financial mistakes made when getting a divorce and how to avoid them. Every couple needs a financial plan. Jay highlights some of the legal issue about Israeli divorces and stresses the impor...

What does financial freedom look like to you? Believe it or not, everyone has different definitions of what financial freedom is. What situation would you have to be in to feel financially secure? Linda P. Jones, the founder of Be Wealth & Smart VIP Experience , an online investment program that mentors woman financially, joins the show today to discuss common conceptions of financial freedom and...