As Purim approaches, thousands of Israeli children and families grapple with poverty
When you opened your morning newspaper recently (or these days clicked on the headlines), what did you see? Let’s take a look at some of the things that you might have noticed:
None of this news exactly inspires confidence in world markets. If you are the kind of person that gets seriously worried by news events, it may be difficult to smile. However, before you call your money manager to sell your portfolio, remember that today’s news becomes tomorrow’s history, and that no one can predict tomorrow’s news. For all you know, next week’s headlines may be a lot more optimistic.
For this reason, instead of basing investment decisions on today’s headlines, it might be wise to think about the fundamental reasons why you invest. How do you decide what stocks and funds to buy? On what do you base your investment decisions? Are they based on how many Americans are going to be working this year, or on where the world will be in five years?
Ask yourself two things: 1. What is your tolerance for risk? Can you hang on through the ups and downs? If no, don’t get involved in the market in the first place. 2. Do you need risk? Depending on the amount of money you have and your expenses, you may not need to take on so much risk.
If you have both tolerance for risk and your financial plan calls for risk, learn about stocks in the online stock course at www.LearnAboutInvestments.com. If you lack either or both of these traits, that’s fine. It just means that the stock market might not be the right place for you. It’s not for everyone.
About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm located in Jerusalem. He specializes in working with clients who live outside of the United States and want to maintain a U.S. brokerage account. Doug’s newest book, co-authored with Susan Polgar, about how using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. 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 firstname.lastname@example.org
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The Palestinian Authority, led by the “moderate” Abbas, and murderous terrorism are synonyms.
Kerry…and Bide…and EVERY DEMOCRAT just happened to be unavailable to meet with Netanyahu.
I’d rather you label me a concerned Jew, an Israeli. Someone who cares about the future of my nation
Goldberg chose to believe two impossible things before I had breakfast this morning.
The State Department claims Bibi revealing details of the bad Iranian deal to Americans would be a “betrayal”.
“Please stop shushing me” They kept shushing! Shushing seems to be how Leftists do Israeli politics!
Labor-Livni post-Zionist party’s campaign based on their claim they know how to keep the US happy
Mentioning genocide in the same breath as Susan Rice crosses a redline about Obama’s foreign policy
What are the ramifications of giving up your US citizenship? Would it effect your visiting the US?
Chasidim believe that Metzitza B’Peh (MbP) is an essential part of the circumcision ritual.
AMERICAN INTERFERENCE in ISRAELI ELECTIONS is IMMORAL and 1000% CHUTZPADIK!
Extremism from Jews is considered a “danger;” Arab extremism and anti-Jewish terror is “legitimate”
Why is it necessary to be accountable in business and in life? And how does it differ from guilt?
Big questions this week: Does materialism make people happy? Can one be happy with what they have?
The necessity for setting financial goals and how to realize your life’s dreams.
Discussing the connection between speech and thought and how a foreign language affects decisions?
Can a business trying to find solutions to world problems be profitable?
In our second podcast this week, Doug meets James Clear, entrepreneur and expert on personal habits. How easy is it to change your behavior to achieve your goals? And how can you improve your financial habits if they are deeply ingrained? Listen to your favorite personal finance show for the answers to these questions and […]
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