Podcasts

Did you inherit money from abroad and are having difficulty collecting the assets?

Receiving an inheritance from abroad can be complicated. Claiming an inheritance is full of bureaucracy, as each organization has to verify the beneficiary’s identity.

If you’re a beneficiary to an account in another country, the rules and regulations different firms have are complicated. In order to simplify the process, download the free resource “How to Claim an Inheritance from Abroad.”

There are a series of steps an investor can take to make receiving their inheritance easier. The Inheritance Book was written for investors living in Israel receiving an inheritance from the United States. The book is a step-by-step guide for the inheritance process. You can buy the book on Amazon.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to https://goldsteinongelt.com/radio-show

Season 2022 Episode 5: Yishai and Malkah get at what Whoopi Goldberg meant when she said the Holocaust was not about race. Then, Rabbi Shalom Schwartz on how to make the Ten Commandments a central pillar of societal life. Finally, Table Torah on the why God showed Moses a menorah of fire!

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Fascinating explanation by Rav Nachman Kahana on Parshat Terumah.

• Depending on your situation, you can have stocks, bonds, ETFS, mutual funds in the account
• High-dividend positions may be tax advantageous
• Tax-deferred growth is a positive… unless your stock drops in value and you lose the opportunity for a write-off

Rabbi Nachman Kahana - Parshat Mishpatim 5782

Parshat Yitro - Rav Nachman Kahana

If you are going to pick individual stocks, how should you choose them? Should you pick growth or value stocks? Is it a good idea to try to pick one stock for your portfolio?

In this week’s show, Efraim and Doug talk about what if someone wants to invest in the market without professional advice.

Doug explains what the difference between growth and value stock is and the different ways to invest.

Does every company start from growth and slowly move to value?

Tune in to the whole show to hear a tip on how to avoid paying fees to a mutual fund company.

Efraim is a first-year business student, former IDF officer, and an entrepreneur, launching the “Day with an Officer” business. Contact him at: efraim@goldstein.co.il

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to https://goldsteinongelt.com/radio-show

Why is retirement in Israel is different than retirement in America, or anywhere else on the globe?

It’s because retirement plans need to be specific to individuals.

Your retirement plan should reflect your individual goals and the current size of your nest egg.

If you’re an American living in Israel and having a difficult time working with an American firm, it may be time to switch to an Israeli company that can help you keep your dollar assets and retirement accounts in an American brokerage firm.

Retirement in Israel doesn’t mean you have to give up the benefits of an IRA account. It just means you need the advice of a CFP (Certified Financial Planner) who understands cross-border investing and your individual situation.

In order to create a long-term financial plan you need to find a balance between growth and risk.

The toolkit, “Opening U.S. Brokerage Accounts from Overseas,” a financial guide on brokerage accounts for U.S. investors living in Israel might also help make a difference financially.

Rethink your retirement:

Download the free resource, “What Every American Who Retires in Israel Should Know”. The resource is a summary of retirement in Israel. Have you recently moved to Israel from the United States? Transform your future. Download the free resource and rethink your retirement.

The toolkit, “Opening U.S. Brokerage Accounts from Overseas,” a financial guide on brokerage accounts for U.S. investors living in Israel might also help make a difference financially.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources, go to https://goldsteinongelt.com/radio-show

We will be discussing the most pertinent and important issues regarding the in-gathering of the exiles and bringing the Jewish people back to their homeland via Jewish Aliyah to Israel.

What is the difference between "Term" and "Whole" life insurance?

Term life insurance is pure insurance; you pay the insurance company a premium, and if you die within the predetermined period, then they’ll pay your heirs/estate a lump sum of money.

Whole life insurance has a cash component – part of your premium goes into a savings account which you can access if you ever are short of cash. The rest of your premium goes to buy the life insurance itself. Since the entire premium doesn’t go to the insurance component, whole life policies tend to be more expensive than term policies.

Is buying life insurance just throwing money out of the window?

While it is true that you personally won’t benefit from life insurance, your loved ones will receive money when you die, which should replace your lost income.

Additionally, you can use the savings component of a whole life policy as an additional part of your financial plan – withdrawing funds that grew tax free. (Note, income tax is paid on investment gains from withdrawals. I’m not a tax advisor. For tax advice consult an accountant.)

Which policy should I choose?

Listen to the podcast for more tips on how to decide which type of life insurance is best for you.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to https://goldsteinongelt.com/radio-show

The Dvar Torah from Rav Nachman Kahana for this week's Parshat Bo.

Have you ever felt as if all the forces in the universe were stacked against you improving your financial situation?

That doesn’t need to be the case!

Today, Doug brings back one of the Goldstein On Gelt podcast’s most popular guests, Joe Saul-Sehy to discuss Joe’s new book, Stacked (co-written by Goldstein On Gelt former guest, Emily Guy Birken).

This book provides a huge amount of information about personal finance in a way that’s fun to read and inspirational. Doug and Joe discuss whether there are certain people who should NOT keep track of their money. They also answer the question about whether you should buy stuff when you can get 0% financing (spoiler: Free money has consequences.). Finally, they dive into the topic of mortgages, how they should be structured, and the benefits of paying it off early.

Joe Saul-Sehy hosts The Stacking Benjamins Show. Follow him on Twitter @AverageJoeMoney

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to https://goldsteinongelt.com/radio-show

Monte Carlo simulations take a huge amount of data and possible variables and let you know the chance of a specific outcome. Financial planners use Monte Carlo simulations to look at all sources of cash flow, income from investments, possible market scenarios and predict whether you’ll “make it” in retirement.

While Monte Carlo simulations are a starting point to financial planning, Doug’s interview with Dr. Harry Markowitz titled Can Modern Portfolio Theory Make You a Better Investor? highlights all the options.

Can you predict what your financial future will look like?

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes downloadable resources, go to https://goldsteinongelt.com/radio-show

Rav Nachman speaks about the Parsha and current events.