Goldstein On Gelt

Planning for a happy retirement is not only a question of money.  There are many other factors to consider. Wes Moss, financial planner, podcaster, and author of You Can Retire Sooner Than You Think, talks about what makes a happy retirement. Retirement is not only about leaving the daily grind of going to work--it should be a time for doing what you have always dreamed of, but were unable to do during your working years. A happy retirement takes into consideration factors other than the size of your bank account. Listen to find out what else you need for an enjoyable retirement. Have you recently received a letter from your U.S. brokerage firm asking you to transfer out your account? What should you do? Douglas Goldstein, CFP®, explains the steps you can take if you need to end your existing brokerage relationship. Don’t miss this free download of a toolkit that can guide you through the process of managing your U.S. accounts from overseas. Follow Wes Moss at: http://www.wesmoss.com and on Twitter @WesMoss36

Do you have more job security as an employee or as an entrepreneur? Taylor Pearson, author of The End of Jobs, explains why becoming an entrepreneur does not mean giving up the security of having a job, why jobs are becoming a thing of the past, and how entrepreneurial skills can help you write your life script. What does the future hold for traditional jobs, and what are the growing industries that today’s university graduates should be focusing on? Should you be concerned about a drop in the bond market? Today, Doug Goldstein, CFP® looks at reasons why a bond may decrease in value, and what you can do if you decide to invest in bonds instead of stocks. Follow Taylor Pearson at https://taylorpearson.me/ and get the first three chapters of his book for free here. Follow him on Twitter @TaylorPearsonMe.

Do financial laws make U.S. citizenship a burden for American expats? Curtis Poe, a writer on U.S. expat issues, explains why many banks don’t want U.S. citizens as clients and describes the difficulties American expats may face in getting jobs. Get a link to a free resource specially geared to American expats about opening a U.S. brokerage account from Israel. Does the discrimination that American citizens face abroad make it worthwhile for expats to renounce their U.S. citizenship? What are the most common financial myths? On today’s show, host Douglas Goldstein CFP® debunks financial myths, such as not being able to transfer funds to/from America or that you always have to support your adult children. Follow Curtis Poe on: http://www.overseas-exile.com/

To become a top investor, you need to develop certain personal qualities. Award-winning speaker and author Corey Poirier explains why personal passion and knowing your goals are necessary for financial success. Find out why learning how to deal with failure is important to success. For more information about Corey Poirier’s public speaking course, click here. Follow Corey Poirier’s other work at - http://thepassioncure.com/ and on Twitter @thatspeakerguy. Today’s show features financial advisor Joe Saul-Sehy as a guest co-host, along with regular host Douglas Goldstein, CFP®. The discussion focuses on why dividends are an important part of an investment and why it’s not a good idea to include working after retirement as part of your financial plan. Follow Joe Saul-Sehy at www.stackingbenjamins.com and on Twitter @AverageJoeMoney

Thinking of early retirement? Darrow Kirkpatrick, author of Can I Retire Yet? and Retiring Sooner, shares how he retired early (age 50) and discusses the investing strategies to make early retirement possible. Find out how to estimate how much money you’ll need in retirement. If you retire early, consider when your pension payments will begin. Should you apply to claim Social Security early (age 62) or wait until you later (age 70), when the benefits are greater? Listen to the show to find out more about Social Security, spousal benefits, and outside pensions. Follow Darrow Kirkpatrick at: http://www.caniretireyet.com

Many investors find the idea of socially responsible investing (SRI), appealing. What makes a company socially responsible? How can you solve ethical dilemmas that can arise in business? Rabbi Shaya Karlinsky, head of Darche Noam institutions, explains how Jewish thought can answer some of the most difficult moral questions in the investment world today. Should you invest in a self-driving car company that pre-programs its cars to kill pedestrians? Is it appropriate to invest in a tobacco company? Apart from moral issues, another question that investors often ask is what form their investment should take – stocks and bonds, or real estate? Find out what you need to know about investing in real estate and being a good landlord. Follow Rabbi Karlinsky at: www.darchenoam.org and on Twitter @Shapells.

Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Economist John Williams defines inflation and unemployment statistics and explains what these figures reveal about living standards. How do inflation and unemployment statistics affect investors, especially if those investing in TIPS (Treasury Inflation Protected Securities)? Follow John Williams at www.shadowstats.com  and on Twitter @shadowstats. Also, in this financial podcast, find out how to manage your money when you live outside the United States. How should you plan your retirement, and what should you do with your IRAs?

One of the biggest problems facing young adults today is student loan debt and the cost of higher education. David Carlson, founder of the millennial personal finance blog Young Adult Money and author of Hustle Away Debt, discusses whether debts incurred by tuition fees are really worth it. Find out how to get out of debt, what “side hustles” are, and how they can help you improve your financial situation. Follow David Carlson at: www.youngadultmoney.com and on Twitter: @davidcarlson1 Taking on personal debt is a personal decision. But what happens when governments take on too much debt? Find out what Doug Goldstein CFP® thinks about The Courage to Act: A Memoir of a Crisis and Its Aftermath, which was written by Ben Bernanke, Chairman of the Federal Reserve Bank. How dependent is one of the world’s most powerful and influential economies upon one man, and is this always a good thing? Read Doug’s book review here.

Are you looking to avoid making investment mistakes? Then, this week’s episode is for you. The first thing to do if you want to avoid investment mistakes is to understand your financial portfolio and clarify your financial goals. Every investment should be understood as simply one part of the financial picture. Coordinate your investments and make sure that you are diversified. Download the free resource Watch out for this investment mistake to help you avoid making common investing mistakes. Want to become as rich as a king? Trying to manage your money better? Trying to understand your investment portfolio in a way that optimizes on growth? Doug Goldstein and Susan Polgar co-authored Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing. The book explains how winning chess strategies can be applied to your investment portfolio. Find out how you can make the right moves with your investment portfolio and become a strategic investor. Download the free resource: Watch out for this inv

How should you manage your retirement nest egg? Managing your retirement portfolio is complex and it’s different for every retiree. Every investor wants to keep their nest egg safe. What is the best way to protect your nest egg from breaking? How should you manage your money at each stage of your retirement? Listen to the podcast to discover the three things you can do to stop your retirement nest egg from breaking. Download the free resource 3 Steps to Stop Your Retirement Nest Egg from Breaking to learn more. Planning for Retirement Are you planning on retiring in the near future, but do not know what financial moves you need to make first? Everyone has different retirement needs, but there is a common series of steps you can take to plan for retirement. Learn more about retirement planning at Doug Goldstein’s corporate website. Redefine how you think about your retirement. Download the free resource: 3 Steps to Stop Your Retirement Nest Egg from Breaking

American tax laws originally enacted to combat money laundering and terrorism adversely affect the millions of American citizens living abroad. Colleen Graffy, a former United States Deputy Assistant Secretary of State for Public Diplomacy and Professor of International Law at Pepperdine University, explains why FATCA (Foreign Account Tax Compliance Act) restrictions are unfair to law-abiding U.S. expats. Did FATCA lower the value of U.S. citizenship? Follow Colleen Graffy on Twitter @Colleen_Graffy Whether FATCA applies to you or not, you need to prepare for retirement. Consider whether dividend-paying stocks are appropriate for retirement savings. Find out more, and also how to download a free copy of The Retirement Planning Book, written by Douglas Goldstein CFP®, by listening to today’s show.

When was the last time you thought about your investment goals? Every investor has a different reason for investing. The three primary reasons for investing are growth supplementing your income divestment Once you know why you are investing, it is easy to find the most appropriate investments to meet your goals. The free resource Three Goals of Investing – Which One is Yours is a comprehensive overview of the primary reasons behind investment portfolios and how investors can shape their portfolio based off their specific goals. Download the free resource: Three Goals of Investing – Which One is Yours? Once you know your investment goals, make sure you have the temperament to withstand volatility both within the stock market as a whole and in your own portfolio.

Are you a cross-border investor living a multi-currency lifestyle? Specifically, do you live in Israel but your money lives in America? Living a multi-currency lifestyle comes with its own series of complications. You need to convert currencies, be concerned about volatility in different markets, and keep in mind economic shifts and investments in different countries. The Goldstein on Gelt Show was created for Americans living in Israel. In a regulated financial world, an investor needs to really understand the market. Expand your financial understanding with the free resource How to Manage a Multi-Currency Lifestyle . Get this high-level overview of currency trading and tips on creating a financial portfolio that’s designed for your lifestyle. Download the free resource: How to Manage a Multi-Currency Lifestyle

Have you ever made an investment mistake? Investors make mistakes without even realizing it. Take a moment to think about how you coordinate your investments, and what motivates your financial decisions. For instance, how do you decide to design your portfolio or diversify your accounts? Are you a DIY investor or do you prefer to use a money manager? Hopefully, by becoming a strategic investor you can learn to avoid investment mistakes. The free resource Watch Out for this Investment Mistake is a comprehensive summary of mistakes made by investors. Download it free, here. For further information on strategic investing, read Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing and start making wise investment decisions. Download the free resource: Watch Out for this Investment Mistake Where do you get investment advice? Have you recently joined the investment world and don’t know where to turn for advice? Do you have unanswered questions about your investments? Are you wondering wha

Should you buy stocks now? Are today’s market conditions conducive to buying stocks? The truth is the market is unpredictable. There is no perfect time to buy stocks. No one really knows how the market will move, and there’s no guarantee of returns. So why should you invest in the stock market? There is one over-arching reason someone should invest in the market: if you think tomorrow’s financial future will be better than today. If you’re an optimist and think the best is yet to come, then perhaps you should start investing. The free resource The #1 Reason You Should Buy Stocks Now can answer your questions about the stock market. Download the free resource: The #1 Reason You Should Buy Stocks Now The video What Do I Need to Know About Investing in Stocks? explains which kinds of investors should invest in stocks, how investors can get into the stock market, and what kinds of information you can find out about a stock.

Are mutual funds safe investments? The word on the street is that mutual funds are “safe” because they are a diversified investment, but is that really true? Can mutual funds have risk? In other words, can you lose money with mutual funds? Listen to today’s show to learn more about mutual funds and the risk they have. What makes a fund conservative, moderate, or aggressive? How do smart investors use mutual funds to diversify their portfolio and minimize risk? It’s important to understand the details of any mutual fund you have in your portfolio. Finding a brokerage firm Have you recently been asked to close your account simply because you don’t have an American address? While some investment firms decide not to work with expats, others welcome an expat’s legitimate business. If your U.S. brokerage firm kicked you out, get in touch. The free toolkit Opening U.S. Brokerage Accounts for Overseas was created for investors living who want to open a U.S. brokerage account. Download it now!

Are you interested in increasing your retirement income? After retirement, retirees typically support themselves on their work pension, government pension, and investments. Unfortunately for most retirees the sum isn’t enough, and they need ways to increase their retirement income. Are you receiving enough income from your investment portfolio? There are ways to organize your investments in order to increase income. For investors who are looking to increase their retirement income, Doug outlines their options. Changing your investment portfolio Have you considered different types of income producing investments such as CDs, bonds, and dividend paying stocks? Download the free resource How Can You Increase Your Retirement Income. The resource is a comprehensive overview of how to increase your retirement income. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Download free resource: How Can You Increase Your R

Do you keep money in the bank and not the stock market? Having money in the bank can offer investors a sense of security. But, leaving money in the bank can impact your long-term financial plan. There are times when it’s appropriate to keep the bulk of your savings in the bank, and other times when investing in the market may be a better alternative. The right answer as to what you should do with money in the bank depends on your financial goals, your risk tolerance, and your time frame. Doug created the free resource What Should You Do With Money in the Bank. The summary features the advantages and disadvantages of keeping your money in the bank. Download it now! Download free resource: What Should You Do With Money in the Bank   Getting into the Stock Market What kinds of risks are you interested in taking as an investor? Today’s episode explains how investment decisions are dependent on an investor’s personal interest in risk. If you’re not already receiving updates on new episodes, sign up now, and as a s

One of the characteristics of bonds is that they are predictable. That means, when you buy a bond you generally know how much income you will get and when. However, there are a series of unexpected risks associated with bonds. There are no guarantees in the world of investing. Before you begin to invest in bonds you should understand the possible risks involved. Doug created a free resource titled Risks of bond investing. The resource highlights different risks associated with bonds including interest rate risk, credit risk, and default risk. Throughout the month, The Goldstein on Gelt Show discussed the fundamentals on bonds. On November 28th, the show will host a free webinar titled How to Invest in Bonds for Safety and Income. The webinar is designed to be a conversation surrounding the principles of bonds. Register today. Seats are limited. Download free resource: Risks of bond investing If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook

Even though a bond is considered a loan to a corporation/government/municipality, different types of bonds function differently. In fact, there is a difference between U.S. and Israeli bonds. The difference between U.S. and Israeli bonds is specifically in municipal bonds. Municipal bonds are a specific kind of bond that are free from local, state, and federal tax. In an effort to get investors to support municipal bonds, they are frequently tax-free in America. However, these bonds are not recognized as tax-free in Israel. Therefore, the yield they have may not be a “true” yield taking foreign taxes into account. Learn about what types of bond are appropriate for you. Should you invest in U.S. or Israeli bonds? Defining your portfolio The Goldstein on Gelt Show has created a free resource “How to Choose the Right Type of Bond for You.” The resource features the different characteristics of municipal bonds, corporate bonds, and U.S. government bonds. On November 28th, The Goldstein on Gelt Show will host a fr