web analytics
December 27, 2014 / 5 Tevet, 5775
 
At a Glance
Blogs
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



How to Handle the Current Market Volatility

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:

  • According to a report in The Wall Street Journal on June 21st 2012, the United States … unemployment rate went up by a tick to 8.2% – the first such increase in almost a year.
  • Greece threatens to default… again!
  • Facebook IPO stalls

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 doug@profile-financial.com


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “How to Handle the Current Market Volatility”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Ayala Shapira, 11, is fighting for her life after suffering burn wounds when an Arab terrorist threw a Molotov cocktail at the car in which she was riding.
‘Slight Improvement’ in Life-threatening Condition of Firebomb Victim
Latest Blogs Stories
Stairway to success!

My stairs had been built, big and strong-BUT ON THE WRONG SIDE OF THE APARTMENT!

HaTnua Party Meeting

Is his article satire? Or does Kai Bird really think Tzipi Livni heads a “center-right” party?

Shabbat Table

Much as I’d like to see the Jewish nation fully observant forcing Shabbat on people is NOT the way.

Loyalty seems to be a lost trait in Israeli politics, whether it’s to ideals, principles or parties.

Apartment hunting is kinda like dating: You go see anything that looks right on paper-and pray.

Latest headlines say that Prime Minister Bibi Netanyahu’s Likud may only make third place if…

What are the roles of leadership and communication in running a “tight ship”?

Sabraman: Israel’s first superhero, combining the courage of the Sabra and the faith of Abraham.

Is Haredi open-ended learning on charity better than earning a living that would obviate that?

Hanuka is the miracle of emunah- belief in the L-rd of Israel and the light of our faith.

Limiting Jewish success and revival is that the anti-Jewish, anti-History Left rules here in Israel

The crisis in Jewish education is of existential importance. How should it be resolved?

BBC GUIDELINES ON TERRORISM: The word “terrorist” itself can be a barrier rather than an aid…

Discussion with entrepreneur William Heinecke on how he became a young, successful businessman

Did Cuba apologize for their spies the way Israel apologized for Pollard?

More Articles from Doug Goldstein, CFP®
Doug Goldstein

What are the roles of leadership and communication in running a “tight ship”?

Doug Goldstein

Discussion with entrepreneur William Heinecke on how he became a young, successful businessman

Get a straight answer from Edward de Bono to the question: What is lateral thinking?

How does the new U.S. tax amnesty affect American citizens living in Israel and abroad?

Emerging adulthood and how young adults can achieve economic independence in today’s financial world

Doug talks with Steve Repak about the nature&meaning of wealth and how you can eliminate your debts.

How can you turn your physical books into E-books?

Printed from: http://www.jewishpress.com/blogs/goldstein-on-gelt/how-to-handle-the-current-market-volatility/2012/07/09/

Scan this QR code to visit this page online: