Doug discusses his recent meeting with someone who received an inheritance. Not only did the guy receive significant funds, but the inheritance included financial disorganization.
The father’s investments were scattered in different companies, private equities, and over 20 physical stock certificates. His investment portfolio was not only big, but a big mess!
Both generations’ disorganization caused the inheritor to lose huge sums of money.
Listen to find out the 5 things you must do to keep track of your investments.
If you’re afraid your own disorganization may be causing you to lose money, click here for an excellent article you can read on the topic.
By Moshe Herman
Every Hebrew month has its own special energy. Rebbetzin Amit Yaghoubi talks about the power of the month of Kislev, the significance of the 8 days of Chanukah, and gives us an easy way to bring miracles into our lives.
Contact: atrebbetzins@gmail.com
By Vera Kessler
Do your spending habits and investments align with your values?
In other words, what do want your money to do for you? Do your habits, practices, and investments reflect that?
Sarah Li-Cain, a financial storyteller for Beyond the Dollar Podcast explains the importance of knowing what you value as an investor. Sarah and Doug discuss how to identify your values and how to be mindful about what you do with your money. If your spending habits and investments don’t help you meet your goals, then a realignment is in order.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https://goldsteinongelt.com/radio-show
Rebbetzin Nechamy Simon is the co-director of the Teaneck Chabad House. She gives an amazing, in-depth interview about the kabbalistic aspects of the holiday of Hanukkah (Chanukah), including the dreidel, the lighting of the Hanukkah menorah, and the darkness associated with this time of year.
Concepts to remember:
*Everything comes from Hashem--our periods of personal darkness and light are just facets of the greater picture.
*Everything physical is a manifestation of something spiritual
*Jews are here to be a light in the darkness--a light to other nations
*We should take a moment each day just to experience the pleasure of simply being
*Just as we light the Hanukkah candles incrementally, one at a time, so too we increase our personal growth one step at a time. We celebrate each little step. The journey itself is part of the mission.
*Our soul is like a ladder; we must focus on going up one rung at a time
*Things in life don't get easier, but we get stronger
*8 is the number of transcendence. We are above nature, and G-d can create miracles for us, even if we don't deserve them
Contact: atrebbetzins@gmail.com
By Vera Kessler
By Moshe Herman
Rebbetzin Chaya Chitrik of Chabad of Istanbul, Turkey, shares with us some powerful life changing perspectives on seeing the revealed good in our lives. When we proactively seek out the positive aspects of people and situations, and when we really rewire our brain to look for our blessings (instead of things that are going wrong), we draw down revealed good from Hashem. You see what you focus on. When we seek out the positive, our world doesn't change; how we see it and how we experience it changes. Think good and it will be good is not just a saying--it's a way of life.
Contact: atrebbetzins@gmail.com
By Vera Kessler
By Moshe Herman
Rebbetzin Miriam Mammon talks about the often forgotten mitzvah of self-care. When you take care of yourself, you are really and truly able to give of yourself to others. When you just give and give and give, you feel depleted emotionally and exhausted physically. You become bitter and resentful, and then no one really benefits from your giving. However, if you do make the time to take care of yourself (and it doesn't have to be a lot of time), you fill yourself up so that you can give to others without resentment. Rebbetzin Miriam also talks about what self-care really is, and she also discusses knowing the right type of self-care to give yourself. If you are giving to yourself physically, but what you really need is emotional or spiritual self-care, you will not feel fulfilled. When you give yourself the right kind of care, you begin to come to life!
Contact: atrebbetzins@gmail.com
By Vera Kessler
Listen to this important episode where I discuss the best way for busy investors (like you) to track the markets.
• Focus on five critical points that need your attention:
• Focus on interest rates and inflation
• Review market trends
• Examine your specific investments
• Turn to your advisors
• Review your overall plan
Look at how great investors are managing their money in good and bad market by tuning into this episode. These can be the most important few minutes of your day.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https://goldsteinongelt.com/radio-show
By Moshe Herman
Rebbetzin Shifra Sharfstein is co-director of Chabad at Georgia Tech and Georgia State Universities. She talks about the real meaning behind prayer--establishing a close connection with Hashem. Nothing in life is by chance. Hashem prepares our path for everything. When you start your day with meaningful prayer, you own your day. You don't have to pray for a lengthy amount of time. Saying just one prayer with devotion from your heart is worth more than reciting the entire prayer book and not feeling anything. Rebbetzin Shifra also gives us some tips on how to fit even just five minutes of prayer into our day.
Contact: atrebbetzins@gmail.com
By Vera Kessler
By Moshe Herman
Rebbetzin Shula Bryski, the rebbetzin of Chabad of Thousand Oaks in California teaches us to be truly present in the moment. Being present in the moment and appreciating what we have and what is all around us leads us to develop an attitude of gratitude. Having an attitude of gratitude is what brings us happiness. She also tells us that Hashem is with us at ALL times, and we need to be grateful for everything--the revealed good, and also those challenging situations that don't feel so good. This is because everything is from Hashem. Happiness is an inside job!
By Vera Kessler
By Moshe Herman
Dr. Tamar Perlman teaches us practical and effective strategies to parent our teenagers. This is where Torah meets psychology. In order to develop a relationship with our teens, where they will talk to us and open up to us, we need to be curious about them--we need to deeply listen to what they are telling us. When we speak with our teens, we need to to respect who they are as individuals; they are not us, they are their own person. Respect leads to impact. If we want them to listen to us, we need to begin by respecting them. Once we develop a relationship with us, our words and advice will have a deeper impact on them, and we will be able to better guide them. They want to see that they really matter to you. This interview has so many more nuggets of wisdom, and the ones mentioned above are explained more deeply in the interview. If you have teens, you need to watch this interview!
By Vera Kessler
By Moshe Herman
Rebbetzin Nomi Freeman gives a powerful interview on near death experiences (NDE). She shares stories from people who have had near death experiences (NDE). Rebbetzin Nomi also speaks about the after death communications she received from her father who passed away. She emphasizes that in the after world, good deeds, forgiveness and Torah knowledge are the currency and those are the things that matter most to Hashem. We have an opportunity now, in this life, to amass our "riches" and to do teshuva for the things we have done wrong. This is a very powerful and meaningful in-depth interview that has the potential to be lifechanging!
By Vera Kessler
Rebbetzin Sarah Feldbrand talks about the importance of personal growth through working on your middos (character traits.) She emphasizes that we can't control what happens to us, but we can control our reactions. We can control our anger; we can increase our patience; we can deepen our bitachon (trust in G-d.) The first thing we need to to is to observe ourselves and notice our triggers. Then we need to dig down to the root and discover why we were triggered. We then need to figure out what would prevent us from being triggered. Most importantly, we need to remind ourselves that Hashem is in charge! We need to communicate with G-d all day long, asking him for Divine assistance to help us with our personal growth.
Character traits that we must remove from ourselves as soon as possible: Anger and Arrogance.
The supreme (best) character trait: Humility.
To ask Rebbetzin Sarah for guidance in your personal matters, please email her directly at ask.the.rebetzin@gmail.com
By Vera Kessler
By Moshe Herman
Rebbetzin Yehudis Golshevsky, director of SHIVITI www.shiviti.org.il, teaches us how we can all achieve true joy, starting by changing our perspective/mindset. Rebbetzin Golshevsky shares with us concrete tools on how to look at the positive aspects of a person/situation and how to thank Hashem for the good AS WELL AS the seemingly bad. She shows us how to discover the pleasure in simplicity, and also how to cultivate gratitude. Joy revitalizes the body. We find strength and joy in our connection with Hashem. Rebbetzin Golshevsky explains how to make the concept of joy a reality in our lives. Contact: atrebbetzins@gmail.com
By Vera Kessler
By Moshe Herman
Chaya Mink-Benchemhoun hosts incredible Torah classes on Zoom every Wednesday evening. (If you miss a class, she sends out a recording.) Her classes are truly inspiring! For more information about Chaya's classes, please email me at atrebbetzins@gmail.com, and I will connect you with Chaya.
In this interview, Chaya shares with us incredible stories of inspiration and acts of kindness that go beyond. In one true story that she shared, Chaya relates a time when a friend of hers who did not observe shabbat, decided to keep shabbat fully just one time, and as a result, a sick man in the hospital recovered and was able to go home! We don't always know the effects our actions have on others.
Chaya also shared another story about how she sent food to a friend, just out of kindness, not realizing that her friend didn't know how she would feed her kids that day!
Our actions have direct reactions. If you are presented with an opportunity to do a mitzvah or an act of kindness for someone, seize the opportunity! Our mitzvahs have the power to protect us.
By Vera Kessler
Do your spending habits and investments align with your values?
In other words, what do want your money to do for you? Do your habits, practices, and investments reflect that?
Sarah Li-Cain, a financial storyteller for Beyond the Dollar Podcast explains the importance of knowing what you value as an investor. Sarah and Doug discuss how to identify your values and how to be mindful about what you do with your money. If your spending habits and investments don’t help you meet your goals, then a realignment is in order.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https://goldsteinongelt.com/radio-show
By Moshe Herman
Rebbetzin Chanie Fogelman, the co-director of Central Mass Chabad, in Worcester, Massachusetts, gives an in-depth explanation of Sukkot, Shemini Atzeret, and Simchat Torah. She also explains the connection between all the fall Jewish holidays, from Rosh Hashahna to Yom Kippur, all the way through to Simchat Torah.
We begin the fall holidays with Rosh Hashana, the Jewish new year, which is the day where we crown G-d as King of the world, and receive a judgement for what our life will hold for us during the upcoming year.
Rebbetzin Chanie then explains that between Rosh Hashana and Yom Kippur are the Days of Awe where we have an opportunity to repent for our sins and apologize to those whom we have hurt.
On Yom Kippur, our judgements from Rosh Hashana are sealed. Rebbetzin Chanie explains that on Yom Kippur, Moshe received the second set of tablet on which the 10 commandments were written. This second giving of the 10 commandments is a symbol that the connection between a Jew and G-d is unbreakable, no matter what a person has done. (The first set of 10 commandments were brought down by Moshe on the holiday of Shavuot. However, when Moshe saw Jewish worshiping the Golden Calf, he smashed the stone tablets on which the 10 commandments were written, and broke them. Therefore, he needed to get a second set from
G-d. It's this second set of 10 commandments, which were not broken, that Moshe gave to the Jewish people on Yom Kippur.)
Right after Yom Kippur, we celebrate a holiday called Sukkot. We go out of our secure homes and eat (and sometimes sleep) in a flimsy hut called a Sukkah, which is built outside. The walls of the Sukkah are like the arms of a person, enveloping you in a hug and holding you close. This symbolizes G-d's closeness and love for each and every Jew, no matter where they are in their level of observance. On Sukkot, we shake 4 species. Each specie represents a different type of Jew--all of whom are beloved by G-d. The etrog symbolizes the person who learns Torah and keep the mitzvot (commandments.) The lulav symbolizes the person who learns Torah, but doesn't keep most of the mitzvot. The hadassim symbolize the person who keeps the mitzvot, but who doesn't learn Torah. The aravot symbolize the person who doesn't learn Torah and doesn't keep the mitzvot. All the species are shaken together and represent the fact that all Jews are needed, and we all complete each other.
The eighth day of Sukkot is a holiday called Shemini Atzeret. The number 8 is above nature, and symbolizes that G-d's love for us is above anything that any of us do; no matter what, G-d loves us unconditionally. The bond between a Jew and G-d is unbreakable. On Shemini Atzeret, G-d stays close to us for one more day, giving us strength for the entire year!
The day after Shemini Atzeret is Simchat Torah. On this day, we finish reading the entire Torah, and we dance around happily with the Torah. The Torah scroll is closed when we are dancing to symbolize that any Jew, whether they are well-versed in Torah or not, is invited to partake in the holiday because they are beloved by G-d.
For those of you who speak Hebrew, the following website features the Rebbetzin's dear brother who passed away, sharing the Lubavitcher Rebbe's teachings on Sukkot: https://www.youtube.com/user/ponipoy
By Vera Kessler
By Moshe Herman
Rebbetzin Brynie Stiefel of Chabad of Voronezh, Russia, talks about the real meaning behind the Jewish holiday of Yom Kippur, the holiday of atonement for our mistakes. On Yom Kippur, we focus on our soul, not our body. Rebbetzin Brynie also discusses forgiveness of ourselves and others.
She delves into the 4-step process of teshuva, returning our soul to its original state of holiness and purity:
1. Confession--say out loud what you did wrong
2. Feel sincere and true regret about what you did wrong
3. Commit to not making that same mistake again--action step
4. Give extra tzedakah (charity) to atone for the mistake
Rebbetzin Brynie also talks about the connection between Yom Kippur and Purim, highlighting that our goal in this world is to take the physical and elevate it to the spiritual.
By Vera Kessler
Emotions are important part of being human, but leave them out of your financial decisions!
Behavioral finance expert, and The New York Times best-selling author Dr. Daniel Crosby explains four issues that can derail your financial decisions.
Instead of making decisions based on feelings and instinct, learn how to implement a more reliable system. Should you turn your behavior on its head and integrate the good, bad and ugly of emotional bias in your decision making?
Do investors fail because the market is bad or because of their own errors?
Consider benchmarking your financial successes, not to the market, but to the things in life that are meaningful to you.
Learn how to develop a system that works for you and use it to automate your investment choices.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https://goldsteinongelt.com/radio-show
By Moshe Herman
By Moshe Herman