The Aaron Katsman Show

Believe it or not, but receiving a substantial inheritance can leave you worse off than you started if you do not plan accordingly. On this week's show, I'm sharing with you the importance of TAKING YOUR TIME before making financial decisions. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter:...

Let's set aside for a moment the debate of whether or not the FIRE movement is even "worth it" and let's think about what a meaningful retirement actually means to us. From what I've been reading about those who advocate for the FIRE movement, I would argue that it is time for us to evaluate as a society what it means to simply live a meaningful LIFE. ----------------------------------------------...

To err is human, but what's most important to remember as these inevitable setbacks come is to LEARN as we move forward. When it comes to our investing mistakes, we want to avoid becoming - what I like to call - a "repeat offender." We want to prevent ourselves from making the same mistakes over, and over, AND OVER again. Today I am sharing a few tips to help us all stay on track and make the most...

While I'm not an accountant - nor do I play one on TV - today we are talking about tax-loss selling. Many of us have experienced significant market gains over the past year, but there are always inevitable losses - which if handled correctly we can actually profit from. Listen in on this week's show to learn all about it (and please speak to your accountant!). -------------------------------------...

Why should you diversify your portfolio? This is a question I get asked all the time. Why can't you just invest it all in index funds and be done with it? Let's take a look together to see what the top-performing stocks have been over the past 15 years to see the true importance of diversification. ---------------------------------------------------------------------------------- SOCIAL LINKS: Fac...

Most of us rationally know that stocks do not innately hold sentimental value. Why is it then that most of us are hesitant to sell or adjust an inherited portfolio? On today's show, we are talking about thinking rationally about how an inherited portfolio can serve us best. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebo...

Is there a golden rule about whether you should rent or buy? I'm here to give you some food for thought as I go through some cold hard facts, as well as dive into the pros and cons of both options. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: ht...

They say that it's easy to build wealth when you start young, but is that really true? Today I will show you how saving a few thousand dollars a year can pay out BIG TIME over the decades. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www...

I am joined this week by Ahuvah Berger Burcat, co-founder of the popular Facebook group Living In Israel Debt Free. Together we discuss what it takes to make it financially in Israel, even if you don't make aliyah with millions. ------------------------------------------------------------------------ ABOUT OUR GUEST: Ahuvah Berger Burcat: Chaos organizer. Demand Generation professional. Mosquito a...

Where are the opportunities and developments in Asia that Israel needs to be aware of? How can we bridge the network gaps that exist to create a stronger and more stable future both for ourselves and globally? Rebecca Zeffert, Founder and Executive Director of the Israel-Asia Center, joins me on the show today to share her wealth of knowledge with us as we are in what seems to be the Asian Century...

Michael Zwick of Inherit More joins me on the show this week to talk all about your inheritance journey. Learn about the process of finding and receiving an inheritance, even when there are at times unknown assets. ------------------------------------------------------------------------ ABOUT OUR GUEST: After obtaining his bachelor’s degree in economics from Yeshiva University and law degree from...

What do you need to do in order to build a successful Start-Up in Israel and launch a global brand? According to our guest today, Assaf Luxembourg, it may just come down to getting out of the startup mentality and shifting focus to being an innovative company in your industry. ------------------------------------------------------------------------ ABOUT OUR GUEST: Assaf Luxembourg is a Business D...

According to Fidelity Investment's recent study, women tend to outperform men when it comes to investment success. Today we are discussing why that is and what we can all learn from this to apply to our own investments. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/Aar...

We are officially in the final quarter of the year so it's time to drop your excuses and start getting a hold of your finances. Today I'm sharing with you some action steps to take to get your finances moving in the right direction. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://tw...

Another year is coming around which means it's a great time for us to reflect on the past and look towards the coming year. What are your financial goals? Planning your financial future without defining your goals is a waste of time and energy. Take some time before the new year comes around to truly consider what you want your money to do for you. Shana Tova! -------------------------------------...

We have had a record number of people rushing to make Aliyah this year despite a global pandemic. The financial shift from "chutz learetz" to Israel isn't always a smooth one, but with the right information at your disposal, your financial Aliyah can be very successful. This week I am joined by Baruch Labinsky of Labinsky Financial to discuss the biggest issues olim face when it comes to their fin...

Today I'm speaking to you 20 and 30 somethings who have experienced a windfall from a Hi-Tech exit or otherwise. Let's talk about the philosophy of money to avoid any downfalls moving forward. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https:/...

Keren Pensia? Kupat Gimel? Bituach Menahalim? Keren Histalmut? Which one is for you and what does it all mean? Whether you are a brand new oleh or if you have been here for 20 years, the pension system is, in one word, confusing. This week I am joined by Gadi Last of the IAL Group to shed some light on this mystifying topic. ------------------------------------------------------------------------...

So you got that dreaded letter from Wells Fargo? Not all hope is lost. You don't have to, and you should most likely NOT simply take all of your money out of America and move it over to outside of the US just because certain brokerage firms will not work with you as an ex-pat. There are PLENTY of firms that can help you (this guy included) to continue to maintain your current investment portfolio...

This week's show is for all of you Americans living abroad with investments in the US. When the time comes (cue "The Circle of Life" in the background) the inheritance process may be complicated. You may need the dreaded transfer certificate. I am joined by lawyer extraordinaire Ariel S. Rosenzveig, who specializes in elder law, trusts & estates, tax planning, employment law, and mediation and he...

There are certain times of the year that naturally inspire personal reflection, Rosh Hashana, Yom Kippur, the start or end of a school year. I believe birthdays are the perfect time to not only reflect back on our life on a personal level, but it is prime time to look back on our past financial mistakes and make a plan for a brighter, more profitable future. ---------------------------------------...

We all know unfortunately that financial issues are one of the top reasons for marriages to fail. As we are in wedding season now in Israel, let's take a few minutes to give you newlyweds out there a few tips so you can start your marriage on solid financial footing. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/...

Sometimes we all need a good nudge or a kick in the pants in the right direction when it comes to debt. I implore you: do not ignore your debt! If it's too overwhelming to work out on your own, ask for help from a trusted financial advisor. Begin your journey towards being debt-free today. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: ht...

If you don't have any money... you can't buy anything, right? If only the rules of Monopoly were actually taken into consideration in our everyday lives. There are many things we can learn from Monopoly that can be practically applied to our financial advantage. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/Aaron...

This week I have gotten a couple of phone calls with the same question: "I have inherited $300,000, what should I do with it?" The thing that I find interesting about this question is that quite often when people ask, they already have an answer they want to hear and they are not always willing to hear advice but are rather seeking validation. Every situation is completely different and if you spe...