Goldstein on Gelt

Many people believe that the typical "white coat investor," i.e. a doctor, surgeon, or dentist, must be wealthy due to the relatively high salary medical professionals earn. Dr. Jim Dahle, author of The White Coat Investor: A Doctor's Guide to Personal Finance , explains why this is not always the case. Many professionals are not financially astute, and they have no idea how to manage their money...

Although budgeting is an important part of personal finance, the real key to building wealth is to make more money. Matthew Paulson, author of The Ten Year Turnaround , discusses why you should think out of the box when deciding on a profession rather doing what seems easiest. Find out how giving charity can change the way you perceive money and help you to earn more. Can international investors o...

Investing wisely is more than just choosing high-yielding investments and optimizing your asset allocation. Dan Solin, New York Times bestselling author of The Smartest Retirement Book You'll Ever Read and columnist in The Huffington Post , shares tips about investing wisely and how to plan your estate so that your spouse is financially safe when you pass away. Avoid Outliving Your Retirement Nest...

Douglas Goldstein, CFP®, a financial advisor who helps Americans living in Israel manage their investments, discusses the benefits and risks of using a credit card with Jason Steele, an expert in the credit card industry. Find out how credit cards really work, and who benefits from your credit card purchases. Can consumers benefit from points and reward schemes without falling into debt? Will the...

Doug meets James Clear, entrepreneur and expert on personal habits. How easy is it to change your behavior to achieve your goals? And how can you improve your financial habits if they are deeply ingrained? Listen to your favorite personal finance show for the answers to these questions and more.

David Bach, author of Smart Women Finish Rich, talks about the "latte factor" and why women need to be in control of their finances. And is it too late to plan for retirement? Find out more on your favorite personal finance show.

What are the habits of the rich, and can they help you to succeed? On this week's show, Tom Corley, financial planner and author of Rich Habits: The Daily Success Habits of Wealthy Individuals, discusses the lifestyle of the rich. Does wealthy always equal healthy, and how do your personal relationships affect your financial success?

Meet legendary author and expert on lateral thinking Edward de Bono. What is lateral thinking? And what is the logic behind his famous book, The Six Thinking Hats? Find out which hat you're wearing.

This week, Julie Deane, founder and president of the Cambridge Satchel Company, returns to The Goldstein on Gelt Show. Find out how her company has mushroomed in the past twelve months, how Julie came to join British Prime Minister David Cameron on a trade delegation to China, and what the future may hold for the Cambridge Satchel Company, a business that originally began in the Deane family kitch...

Financial resolutions are easy to make, but difficult to keep. In order to reach your financial goals, try using these ten investment strategies. Tune into the financial podcast to follow the countdown and learn about effective financial strategies.

Deciding between renting or buying a home is a difficult calculation. How can we balance the quality of life with financial risk? Doug deals with this issue on today's show when he answers a listener's question on how much money he should invest in buying an apartment. There are many advantages and disadvantages with renting or buying a home. Find out what all the considerations are, including the...

Should the Nobel Prize in Economics be given to the person who can discover a way to invest for maximum return but little risk? Can you invest for a maximum return and with a conservative stance? Doug examines both of these concepts on this week's show, giving advice on how to make smart investment choices. Listen to the whole show to get a link to a video clip (free) that can help you determine t...

Many investors are concerned about the economy's prognosis. Is there an investment that can withstand economic turmoil and provide returns for investors? Exchange-Traded Funds (ETFs) are popular among investors and professionals. On today's show, find out what ETFs are and learn: What are the underlying assets within ETFs? How do they trade? What are the costs involved? Professor Donald J. Boudrea...

Is the recent market volatility a sign of hard times ahead? It depends who you ask. Some experts say the market's recent decline is a buying opportunity, while other analysts see it as the beginning of a bigger decline. Doug analyzes the options and shares the opinions of analyst Andrew Roberts (Royal Bank of Scotland) and previous Goldstein on Gelt guest Kimberly Foss. How should their forecasts...

What happens if you have several children and many expenses to cover? Even if you work hard, the bills can seem never-ending. In today's show, Doug answers a listener's question on how to balance your budget and pay the bills. Learn 3 ways to help reduce debt and spend less money so that your paycheck lasts until the end of the month. Professor Aaron Ciechanover of the Technion–Israel Institute of...

Comprehensive financial planning includes cash-flow, investments, and insurance. Are you properly insured? Doug answers a letter from a listener who asks about private insurance policies. How can you determine the most appropriate insurance policy, and make sure your pension plans are properly set up? Don't forget the legal implications of your financial planning and insurance decisions. Veteran l...

What is the best way to invest an inheritance so that its value can grow? Doug answers this question as well as giving tips on how to save money by automating your savings. And today's guest is legal expert Timothy Sandefur.  Find out what the status of "eminent domain" is and if local governments are abusing the power they have to confiscate land and property. Should you invest in real estate if...

Market volatility leads many investors to make a big mistake when planning their finances. Learn how to avoid the most common investing mistakes. How can you make time work to your advantage, both in your investment portfolio and life in general? In today's interview, Jeff Sutherland, former fighter pilot and author of Scrum: The Art of Doing Twice the Work in Half the Time , shares his unique mod...

Is it best to manage your money by yourself or to use a money manager? Today's show discusses money managers: how can you measure a money manager's success? Would you be better off buying an index fund? One of the biggest worries that investors have is market uncertainty. David D. Holland, radio host, author, and financial planner, returns to The Goldstein on Gelt Show to talk about the factors th...

Does investing in rental property lower the risks posed by market volatility? Doug discusses the advantages and disadvantages of investing in the rental property market in the United States. Renting out a property involves challenges, such as finding responsible tenants, handling repairs, adhering to building and safety codes, and much more. Find out how to invest in property without all the hassl...

Who will control your finances if you lose your ability to make decisions? Many senior citizens suffer from memory loss, dementia, and other cognitive disorders as they age. The Alzheimer's Society recently issued a report about the vulnerability of dementia sufferers to financial abuse and the need to protect them. Today's show is devoted to aging and finance and what to do if you, your spouse, o...

How do dropping in oil prices, economic changes in China, and inflation affect your financial plan? What is the best way to respond to market volatility? On today's show, Doug discusses what causes market fluctuations, and what economic changes really mean for your financial plan. Also, sample the new financial podcast " 4-Minute Money Ideas" This financial podcast is the audio version of Doug's a...

What is the best way to invest when there is a strong dollar ? In today's show, Doug answers a listener's question about the best way to invest when there is a strong dollar and you are an American citizen living abroad. Learn the difference between "reference currency" and "living currency." Does the U.S. government possibly discriminate against its citizens who live overseas? Read this article a...

Don't get carried away by rising interest rates. Instead, consider the impact of interest rates on your retirement plan. Doug reviews fundamental points about retirement planning and how to make sure your money is there for you when you actually need it. How should rising interest rates affect the way you handle your investments? Money manager Chris Cogswell returns to The Goldstein on Gelt Show a...

Does being a successful investor influence your retirement age? Find out about the advantages and disadvantages of early and late retirement. Learn about claiming Social Security and the connection between Social Security payments and Bituach Leumi (Israeli National Insurance) pensions . Is there a simple mathematical formula to guide you towards the right decision on when to retire or how to inve...