For One Day Only: $1=$4, Thanks to Matching from BIG Donors
Posted on: November 16th, 2012Blogs → Goldstein on Gelt
Keynes and Hayek were two of the most influential economists of modern times. But how did their economic philosophies and views affect the world today?
Posted on: November 14th, 2012Blogs → Goldstein on Gelt
The subject that brought this years Nobel Prize for Economics to winners Alvin Roth and Lloyd Shapley is pairwise matching. But what is pairwise matching, and how can it be applied to everyday life choices? Doug Goldstein interviews Nobel Laureate Professor Robert Aumann, winner of the prize in 2005, who explains what pairwise matching is and how it can be applied to life decisions, such as who to marry and which medical school to attend.
Posted on: November 9th, 2012Blogs → Goldstein on Gelt
Did you know that the most important part of a financial planning meeting occurs even before you set foot inside your financial adviser’s office? Before you meet for the first time, you need to do your homework. Even the most professional adviser can’t help you if you haven’t done these three things.
Posted on: November 8th, 2012Blogs → Goldstein on Gelt
How do you make the important decisions of your life, such as what to study or where to invest your money? Is there a mathematical strategy to thinking clearly? On this week’s Goldstein on Gelt show, Professor Michael Starbird, professor of mathematics and author of “The Five Elements of Effective Thinking,” talks about how we make decisions and how to think clearly.
Posted on: November 6th, 2012Blogs → Goldstein on Gelt
Anyone who remembers life in Israel in the 1980s will cringe at the sound of the word inflation. Remember the soaring prices and the dramatic falls in the value of inflation? But what is inflation, and how does it affect the average investor? Listen to Doug Goldsteins interview with Zane Brown, partner and fixed income strategist […]
Posted on: November 2nd, 2012Blogs → Goldstein on Gelt
When saving for retirement, you may feel secure because you’re putting aside earnings into a pension plan. However, what you may not realize is that some of that money is going to be spent even before it reaches your bank account.
Posted on: October 28th, 2012Blogs → Goldstein on Gelt
The last time you were at the circus did you gasp as the trapeze artist swung through the air? Even though his antics might be scary, there’s a strong safety net catch him in the event of a fall. Hopefully, the trapeze artist won’t ever need to use it. But it is always there – just in case.
Posted on: October 28th, 2012Blogs → Goldstein on Gelt
Romney may say the right things, but will he really be able to affect change? And Obama says… and does… the wrong things, and he has no reason to change. Democrats complain that Romney has no sympathy for the unemployment problem. Here is part II of Douglas Goldstein's radio show.
Posted on: October 22nd, 2012Blogs → Goldstein on Gelt
Word has been spreading that some gold experts have cracked open the gold bars that they bought only to discover tungsten (a metal worth about one-fifth of the value of gold) inside. Since tungsten has a similar density to gold, it’s easy to confuse people, amateurs and experts alike. With bars of gold that weigh ten ounces or more, using regular x-rays to determine the chemical composition of the metal doesn’t work well since the x-rays don’t penetrate deep enough.
Posted on: October 19th, 2012Blogs → Goldstein on Gelt
Douglas Goldstein interviews former Chief Economist for the International Monetary Fund (IMF) and Harvard professor Ken Rogoff on the American debt crisis.
Posted on: October 15th, 2012Blogs → Goldstein on Gelt
Comedian Billy Connolly once said, “Marriage is a wonderful invention; then again, so is a bicycle repair kit.” However, what Mr. Connolly probably was not aware of when he said this was that marriage can also prolong your life more than a bicycle repair kit would.
Posted on: October 11th, 2012Blogs → Goldstein on Gelt
Have you ever met the kind of guy that would sell his own grandmother down the river? Since more and more elderly people are being swindled and financially abused every day, it’s crucial to learn how to protect your grandmother and other seniors you care about.
Posted on: October 3rd, 2012Blogs → Goldstein on Gelt
I am a big believer in math. I studied many complex topics in college, and I think others should, too. But first teach kids practical math in school, and then if they decide to study further, only then start with the abstruse topics.
Posted on: September 28th, 2012Blogs → Goldstein on Gelt
As a financial planner, I often ask new clients why a particular investment is included in their portfolio. One answer that I find somewhat worrying is: “I don’t really know how to explain it, but I just had a gut feeling that this stock was going to be a winner!”
Posted on: September 24th, 2012Blogs → Goldstein on Gelt
As a financial adviser I notice that certain money mistakes are very commonplace. Are you making these kinds of errors that can destroy a fortune? Instead of learning from your own mistakes, try learning from other people’s mistakes. Here is a list of some of the most common mistakes in financial planning.
Posted on: September 11th, 2012Blogs → Goldstein on Gelt
Sadly, as stated above, ZeekRewards is not a one-off story. Apart from desperation to make more money, another possible reason people fall for these schemes is that the scammers may have gotten smarter. However, there are three basic measures that you could follow to protect yourself from falling victim in a financial scheme.
Posted on: September 7th, 2012Blogs → Goldstein on Gelt
Wealth transfer is a hot topic in financial planning. Thinking about how to pass funds from one generation to the next can be emotionally difficult. Perhaps the older generation doesn’t approve of the way the younger spends the money, or the younger generation isn’t involved in the family business. Furthermore, tax and legal issues can complicate matters.
Posted on: September 4th, 2012Blogs → Goldstein on Gelt
Spiritual accounting is similar to the financial accounting. In order to be an effective investor, it’s a good idea to sit down once a year with your financial adviser and ask a few questions.
Posted on: August 30th, 2012Blogs → Goldstein on Gelt
Whatever the reason, if you reach retirement age and you see that you are not going to have enough money for your anticipated needs, what should you do?
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