Doug Goldstein, CFP®, cross-border financial advisor, asks Macro Watch author Richard Duncan what listeners can do to weather a global recession. His answer really is quite simple. Doug and Richard discuss what leads to a recession and how a global economy is a good thing.

Four points to consider before creating a margin account

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Doug also explains margin accounts or borrowing money to make an investment. He offers 4 questions to ask yourself before making such a risky investment move. Find out what a margin account is and why it may be a bad idea.

 

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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]