Can retirees leave their principal intact and only live off interest? In today’s low-interest rate environment, probably not. So how can retirees know how much they can safely withdraw?
Learn how capital gains tax strategies can be especially useful to dual citizens who may be liable to pay taxes in two countries
So many things can go wrong in investing and not catching a problem early could be very costly.
Doug Goldstein, CFP® and director of Profile Investment Services, Ltd, and Meb Faber, chief investment officer of Cambria Investments Management, the challenges investors have in finding the right investments. Meb thinks the most commonly overlooked investment is investing in a professional financial advisor! Meb has some theories as to why investors have trouble. One of […]
A stockbroker isn’t the same thing as a money manager or financial planner. The jobs have two totally different objectives when it involves investing your money.
Doug advises both senior parents and their adult children about how to begin the process of helping with the parents financial responsibilities in a respectful and sensitive manner.
Instead of rushing to spend/invest an inheritance, slow down and consider the options. There are many details involved in managing an inheritance, especially if it includes IRAs or other American accounts.
Doug explains what a REIT is and its potential benefits. If you are interested in the real estate market, make sure to tune in.
Doug discusses early retirement. If you are interested in early retirement, there are two changes you should make in your investments to increase your chances of financial success.
Doug shares what you, an investor with a foreign address, can do and what factors an investor should be taken into consideration.
Should investors pay more attention to the analysts predictions of what might happen or their own financial goals and dreams?
Doug shares some examples of investment scams and stresses the importance of maintaining a realistic view on the situation.
What choices are there for conservative investors? Should your investment portfolio include certificates of deposit (CDs)? Learn different ways to buy a CD.
Investors should always have a strategy. If you don’t want to build a diversified portfolio by yourself, work with a money manager to choose the well-diversified investments.
Discussing how the millennial generation can start investing by suggesting smart money habits that make investing money and decreasing debt both possible.
Be sure your investment decisions are within your comfort level. Investors shouldn’t lose sleep over their investments. Don’t let what MIGHT happen affect your decision making.
Whether combining accounts is something you want to do, or not, these 6 steps are still good for getting the marriage off on the right foot.
Doug offers examples of when splitting up a brokerage account is a good idea, and identifies when a joint account is desirable.
An investor's money choices should align with what they value in life. Explore how to realign thinking and make smarter investments based on personal values.
A major mistake new retirees make is failing to make a sound retirement budget. Here are some practical suggestions to find the ideal retirement budget and still reach your personal goals.
Three common-SIMPLE-mistakes investors make with their money. Doug explains what leads to these mistakes and how to fix them
The benefits and pitfalls of investing in the international market, why people are interested in owning US. accounts and why having a cross-border specialist if planning to invest outside your country.is a necessity
Do you ever wonder if Doug takes his own advice? Find out...
Many investors don’t have the heart to hang onto a stock that was decimated in a market crash. For investors who don’t want to take their chances with the market, Doug has some safer choices.
Doug explains margin accounts or borrowing money to make an investment. He offers 4 questions to ask yourself before making such a risky investment move and why margin accounts may be a bad idea.
Avoid the common mistakes parents make when they invest in their kids’ futures. Doug covers some of those mistakes and has some useful strategies to use in planning gifts for the future.
Graham Hill believes you can live on less. His TED Talk, “Less Stuff, More Happiness” presents his unique view on society’s misguided need to get more $, more power, more stuff…just “more” in general
Dividends are often a trap. Learn how it’s easy to be fooled by high dividend returns. How can you determine if a high dividend is worth the risk?
Many investors use “financial forecasting,” and base their investment strategy on what they think might happen in the markets. Is that a good idea?
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?
Is creating a trust appropriate for your estate plan? Learn about the ramifications of trusts on probate, inheritance, and maintaining control of your assets.
Spending money can be an educational experience. Find out how to teach your kids how to make better choices about spending money.
When a professional provides client references, will you get an objective opinion?
Find out how the BUZZ Index works and why people may be more inclined to tell the truth on social media platforms than in polls.
Is there a magic amount of savings that enables you to retire? What factors, other than age, should be taken into consideration when determining when and where you’ll retire?
Find out why women in particular should research what they may be entitled to when they retire, whether single, married, or divorced. Depending on your situation, it may be more than you think.
Learn why cheapskates rarely suffer from “buyer’s remorse,” and get tips for how to teach children the advantages of delayed gratification. Learn why 'cheapskates' rarely suffer from “buyer’s remorse,” and get tips for how to teach children the advantages of delayed gratification.
If you want your money to grow faster than the bank’s interest rates, should you invest in the stock market? Is there a “safe stock?” What should conservative investors do with their investments?
Why do some people prefer to bet in a casino, where the odds are stacked in favor of the house, rather than putting their money into the stock market, where chances of making a profit are much higher?
Many retirees’ biggest worry is that they will outlive their savings. In today's show, Doug shares tactics for preparing financially for a long life, so that you will always be able to pay your bills.
The real key to building wealth? It's obvious: Make more money. Today's program discusses why you should think out of the box when deciding on a profession rather doing what seems easiest.
Investing wisely is more than just choosing high-yielding investments and optimizing your asset allocation. Today's broadcast shares tips about investing wisely and how to plan your estate
Should retirees keep any money in the stock market? Some say retirees should cash out completely, others say leave money in stocks to protect against inflation. Doug discusses both options.
Many teenagers have no idea about how banks work, budgeting, or bill paying, and as a result can fall into the cycle of debt from an early age. Learn how teenagers can become fiscally responsible.
How might Trump's winning the White House affect the U.S. economy, stocks, and other investments?
What is the best way to increase your odds at making a profit in the market? Why do people equate gambling with buying stocks, and why are they wrong?
Is it fair to say investing in stocks is like gambling?
What’s the first thing you should do if you receive a sudden windfall, such as an inheritance, legal settlement, or bonus?
Find out what “conscious money” is and why doing a value review should be an important step in deciding how you invest.
Why are low interest rates harmful to your investments? Discover the most effective ways to invest your money and stay ahead of inflation.
Should you invest domestically or abroad? While it might seem best to invest in your home country because you are familiar with it, investing with geographic diversification may be more profitable
Especially during the holiday season, cyber crime is on the rise. How can you keep your money safe?
Schools don’t make financial education a required subject. This episode explains the best ways you can learn about personal finance and how to manage your money.
Financial fitness isn’t only about staying within your budget and savings. It’s also about monitoring your stress level on financial issues.
Being a disciplined investor is more than watching the markets. It also plays into how you discuss financial concerns with your spouse and teach money to your children.
Should a volatile market be cause for concern? On today’s financial podcast, Doug Goldstein talks about the importance of accepting the ups and downs of the market if you are a long-term investor.
How much of your income do you need to put aside to achieve financial independence?
If you receive a sudden financial windfall--such as an inheritance, legal settlement, or bonus--what’s the first thing you should do?
On today’s show, Doug examines generational giving. Learn about the tax considerations involved in gifting money to your children
Estate expert Peggy Atkins Munro, author of Estate and Trust Administration for Dummies, explains the basics that everyone should know when dealing with an estate,
Did you inherit your parents’ irrational financial decision making gene? Are you able to discuss managing their finances with them?
Find out the best ways to organize your information and why storing it in the cloud is not always the best idea.
Do you really think Israel will jeopardize its relationship with the United States to protect information about Americans’ accounts here that those Americans are supposed to be reporting to the IRS anyway?
When thinking about retirement, you should base their retirement on personal choices. Discover the eight steps you need to take when you plan for retirement.
On today’s show, learn about the adverse results of not taking “required minimum distributions,” and find out how to avoid the most common mistakes people make when planning for retirement.
Do you have more job security as an employee or as an entrepreneur? What does the future hold for traditional jobs, and what are the growing industries today’s university graduates should focus on?
Find out the factors you should take into account if you are considering investing in an airline and what it takes for an airline to be profitable.
Does the discrimination that American citizens face abroad make it worthwhile for expats to renounce their U.S. citizenship?
Did you know that financial struggles are often caused by a lack of self-confidence and that stay-at-home mothers often feel guilty about not earning money, even though they're doing an important job?
Did you know it is NOT a good idea to include working after retirement as part of your financial plan? Learn more....
When planning your investments or for retirement, you don’t only need to look at the central banking system, but also at the circumstances in your own life, such as your age.
Learn the investor’s best response to unexpected headlines and what to expect as financial markets react to the upcoming U.S. elections.
Veteran U.S. accountant and tax advisor Philip Stein explains what your tax obligations are to the IRS as a U.S. citizen living abroad. Find out what you need to report.
If you retire early, consider when your pension payments will begin. Should you apply to claim Social Security early or wait until you later, when the benefits are greater?
How much money do you give your adult children, and should this be at the expense of your future retirement?
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.
Find out how to get ready to live your dreams and how to avoid some of the most common retirement mistakes on the way.
A discussion on why objectivity should be an important component of your investment strategy and the five emotional triggers that cause the most damage,
Who is the best person to brainstorm and deliberate with about your financial decisions? What should you do if there is no one to talk to?
Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Also find out how to manage your money when you live outside the United States
Find out how women can improve their financial situation and what they should do in the event of a divorce or the death of a partner.
Find out how to get out of debt, what “side hustles” are, and how they can help you improve your financial situation.
Whether Clinton or Trump is elected, the American president must take America out of the current recession and restore America’s greatness.
Listen to The Goldstein on Gelt Show to learn why being frugal isn’t enough to make you rich.
Learn the most useful tools for cross-border estate planning, which strategies may be available to you, and what you need to know if your heirs are not U.S. citizens.
Financial expert Peter Dunn discusses the most common money mistakes that arise during divorce
FATCA (Foreign Account Tax Compliance Act) restrictions are unfair to law-abiding U.S. expats. Did FATCA lower the value of U.S. citizenship?
Three tools that may help you to invest for retirement in today’s low-interest environment and shares his predictions for inflation and interest rates.
Politicians often quote 'unemployment data,' especially around elections. But what do these figures mean? What does "unemployed" actually mean?
Learn how to approach your personal investments like a venture capitalist, and make sure your emotions aren’t affecting your decisions.
When deciding on specific investments, is academic research helpful?
How do retiring to Israel and making aliya affect your finances? Will you still pay U.S. taxes? Will you be able to maintain your American retirement and investment accounts?
How safe and efficient is online banking compared to brick and mortar banking services?
On today’s show, Doug shares some tips useful to Americans living in Israel and many other countries.
Why is it sometimes good to take Social Security early? Why it is usually better to wait?
Should today’s turbulent markets be compared to the Great Depression of the 1930s?
Professor Lewis Mandell, financial economist, author discusses risk management and explains why he thinks the popular tactic of portfolio rebalancing may be a mistake.
Find out what the differences are between strategic asset allocation and tactical asset allocation, and which may be best for you.
Can you avoid stringent U.S. tax legislation aimed at Americans living abroad by renouncing your American citizenship?
Doug discusses the best ways to save money and manage your investments successfully.