Risk management is an important strategy in investing. On today’s show, Professor Lewis Mandell, financial economist, author, and former Dean of Business at the State University of New York at Buffalo, discusses risk management and explains why he thinks the popular tactic of portfolio rebalancing may be a mistake.

Doug answers a listener’s question on today’s show when he tells you what you need to know about opening a U.S. brokerage account in Israel.

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Listen for a link to a free interactive tool that will guide you to what you need to know about opening a U.S. brokerage account.

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]