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Gambling with currency conversions.

If your money’s locked away in long-term accounts, it might look good on paper, but won’t help much when life throws you a curveball. This episode dives into the surprisingly overlooked topic of liquidity… what it is, why it matters, and how to make sure your money is actually there when you need it.

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Whether you’re living in Israel, spending in shekels, or managing U.S. accounts from afar, you’ll learn how to build a flexible, stress-free financial setup that gives you options—not headaches. Say goodbye to panic-selling and hello to peace of mind.

Key takeaways and action points:

  • Liquidity = Freedom; Without it, you’re stuck.
  • Avoid costly mistakes by keeping cash ready for surprises.
  • Split your emergency funds between shekels and dollars.
  • Top off your cash reserves when the markets are strong.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https:⁠/⁠/goldsteinongelt.com/radio-show

The information provided here is intended for educational purposes only and is not to be considered legal, tax, or investment advice. Securities offered through Portfolio Resources Group, Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not those of Portfolio Resources Group, Inc. or its affiliates.


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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.