As originally appeared in The Jerusalem Post, Thursday, November 15, 2016 “I want to make money with no risk” This is perhaps the most common definition I receive from prospective clients when I start asking about how they define themselves as investors. When I meet with a prospect I always start probing as to how […]
As originally appeared in The Jerusalem Post on Thursday, December 7, 2016 I need to get this off my chest. I am sick and tired of listening to people complain about how hard it is to make ends meet, let alone save for the future. Yes life is hard, but complaining doesn’t change anything. Usually […]
While Hilary Clinton moves ahead on certain state election recounts and the youth of America continue to protest and cry about the Trump election victory, the stock market has been charging forward. Wall Street is elated at the prospect of lower taxes, repealing onerous regulation, and the prospect for strong economic growth for the […]
As originally appeared in the Jerusalem Post on Thursday, November 17, 2016. Believe it or not the US presidential election is over. Outside of some “sore-losers” protesting, life is getting back to normal. Take a look at the calendar and it’s the middle of November. Time certainly flies. With just a few weeks left in […]
Originally published in November 10, 2016 We’re past the election now, and one thing that hasn’t changed is that it’s starting to look more and more that come December, interest rates in the U.S. will start moving higher. It’s like crying wolf. For the last few years stock-market experts have been predicting a hike in interest […]
As originally appeared in the Jerusalem Post, September 29, 2016 “R. Judah son of R. Shalom preached as follows: In the same way as a man’s earnings are determined for him from New Year, so his losses are determined for him from New Year.” Tractate Baba Batra 10a Rosh Hashana is right around the […]
As originally appeared in the Jerusalem Post on September 21, 2016. Many big name mutual fund families have set up a blanket rule that if you don’t have a US address, you can’t buy their funds. Have you received a letter from your US brokerage firm telling you that your account is to be liquidated […]
I was recently on vacation in Seattle with my family. We decided to take a day trip and visit Mount St. Helens. I explained to my kids how I vividly remember May 18th, 1980, the day that the mountain erupted. I was sitting and reading the sports section, when a special news report interrupted […]
I remember when the candle shop burned down. Everyone stood around singing ‘Happy Birthday.’ Steven Wright So today is my birthday. I am not writing this as a subtle reminder for certain family members or employees to quickly run out and buy me a gift and a cake! In fact they all know that I […]
As originally appeared in The Jerusalem Post on July 6, 2016 “The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That’s approaching evil.” – Jeff Bezos Financial dehydration […]
