What is the best way to invest when there is a strong dollar? In today’s show, Doug answers a listener’s question about the best way to invest when there is a strong dollar and you are an American citizen living abroad.

Learn the difference between “reference currency” and “living currency.”

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Today’s guest, Mark Divine, a former Navy SEAL and bestselling author of The Way of the SEAL and Unbeatable Mind, compares a long-term investor with a sniper. He speaks about managing your mind and emotions in order to make the right decisions. How can you develop patience, which is one of the most necessary qualities for being a long-term investor?

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 www.GoldsteinOnGelt.com

 

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Doug Goldstein, CFP®
http://www.profile-financial.com
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]