Close your eyes, breathe in deeply, now exhale slowly… That was easy, wasn’t it? Not for everyone…
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?
Posted on: August 26th, 2012Blogs → Goldstein on Gelt
Mazal tov! Your son or daughter has just got engaged.
Posted on: August 22nd, 2012Blogs → Goldstein on Gelt
While generally peer pressure is viewed as a negative trait, emulating successful people may help increase your own chances of success.
Posted on: August 19th, 2012Blogs → Goldstein on Gelt
How do you visualize your retirement years? Most people hope that they will finally be able to do the things that they never had time to do during their working years. Very frequently, folks anticipate retirement will be a worry-free time, full of enjoyment, and ample time to spend with family and friends. As a financial adviser, I am often saddened to see retirees facing a different picture.
Posted on: August 15th, 2012Blogs → Goldstein on Gelt
You’re never too young to start planning for retirement.
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