Douglas Goldstein, CFP®, a financial advisor who helps people preserve the real value of their money, questions how safe it is for people to put money in the bank. Professor William Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City and author of The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry, discusses bank safety and explains why OECD nations insure bank deposits. How does this insurance work? Also, find out about the complex investments that brought Wall Street to its knees.
What is a “safe stock”?
If you want your money to grow faster than the bank’s interest rates, should you invest in the stock market? Is there a “safe stock?” What should conservative investors do with their investments?
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

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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]