Over the last two weeks four clients have contacted me saying they have found old stock certificates. One was a neighbor who had been sorting through some papers after his mother’s death. After rummaging through countless boxes and drawers, he discovered that his mother had kept a safe-deposit box after her husband passed away. When […]
Due to advances in medical care and a focus on living a healthier lifestyle, exercising and eating properly, we are all living longer. In fact, since the 1950s, the average lifespan has increased by over 10 years. However, this increase in the length of our lives raises the question of how to finance those added […]
Financial advisers spend a lot of time trying to understand a client’s risk profile. They often employ questionnaires that ask a myriad of questions to try and pinpoint the time period of an investment, investment knowledge and how one would react in various market scenarios. The problem with these questionnaires is that they only paint […]
“I see Israel as one of the great outposts of democracy in the world and a marvelous example of what can be done, how desert land can be transformed into an oasis of brotherhood and democracy.” – Martin Luther King, Jr. Next week I celebrate the 22nd anniversary of my arrival in Israel, which means […]
“There are an awful lot of things going on that need understanding and explanation. To put it mildly: The world is a mess.” – Former US Secretary of State Madeleine Albright I can’t begin to tell you how many of my clients believe that we are approaching the end of the world. Well maybe not […]
Talk about inspiration. Tuesday’s arrival of the first Nefesh B’Nefesh flight of the summer, with hundreds of North American olim coming here in the midst of a war, was certainly the definition of Zionism. I want to personally wish all of you freshly minted olim a big mazel tov and wish you success in your […]
Have you received a letter from your US investment firm telling you that on such and such a date you will no longer be able to purchase mutual funds or invest new money with them because you live overseas? Well if you have, you are not alone. Many firms have sent out similar letters over […]
“There is no lonelier man in death, except the suicide, than that man who has lived many years with a good wife and then outlived her. If two people love each other, there can be no happy end to it.” – Ernest Hemingway I want to apologize from the outset for what could be classified as […]
As we celebrate Shavuot, the holiday of the Jews’ receiving the Torah on Mt. Sinai, outside of eating cheesecake with blueberry topping, one of the high points of the day is the reading of the Ten Commandments. While far less spiritual, what better time is there to discuss the Ten Commandments to help achieve financial security than […]
A shocking study was recently released by the FINRA Investor Education Foundation, “The Financial Capability of Young Adults – A Generational View,” which showed a serious lack of financial knowledge and problematic financial behavior. Only 24 percent of millennials were able to answer four or five questions on a five-question financial literacy quiz correctly. And […]
