As time marches on and the generation of baby boomers approaches retirement age, there has been a big push in the investment community to cater to its needs. Most professionals have the best of intentions and provide good advice and planning for this segment of the population. However, as is usually the case, there are […]
I recently met with a friend who made aliyah in the summer of 2012 with the help of Nefesh B’Nefesh. After spending no more than two minutes catching up, he started to complain that he never hears from his financial adviser who lives in New York, and he wanted to know if there was any […]
I was recently at a wedding, surveying the dessert table, when I got a call on my cellphone. The caller sounded frantic, and after explaining that I was at a wedding and couldn’t really speak (I didn’t want my hot chocolate cake to get cold!), he said he couldn’t wait for me to call him […]
Israeli hi-tech is truly powering the world, and investors want a part of it. Israeli hi-tech had a banner year in terms of exits, as the total number comes in at $7.6 billion. What’s the moral? Invest in Israel! According to a report put out by PwC Israel and reported on by Globes: “This is […]
So it’s been two weeks since I walked on a sidewalk in my neighborhood in central Jerusalem. The combination of snow, ice and fallen tree branches has made them inaccessible. Now I know those of you living outside the capital can’t comprehend what we are going through, but I have gotten to like walking in […]
“But when it comes to economic freedom, we are less forgiving of the cycles of growth and loss, of trial and error, and of failure and success that are part of the realities of the marketplace and life itself. Increasingly, we have let our elected officials abridge our own economic freedoms through the annual passage […]
I recently met with a financially comfortable married couple that has investment accounts all over the world, and different managers looking after each separate account. At first glance, one would think that they were happy with their investments, but this is not the case. During the meeting, they told me that they both grew up […]
Marielle Jan de Beur often catches the 6:27 a.m. train to Grand Central Terminal, waiting on the Westchester platform with a swarm of dark-suited men, and then walks 10 blocks to a Park Avenue office fronted by the fountain where Audrey Hepburn cavorted in “Breakfast at Tiffany’s,” playing a woman scheming to marry a wealthy man.
When you read a personal-finance article, have you ever wondered what the terms “investment objective” and “risk tolerance” actually mean? When I ask potential investors what their investment objective is, they invariably answer, “To make money. Isn’t that everyone’s goal?” However, although there is some truth to that response, there are also other factors involved. […]
Often, people have a habit of accepting certain mantras as truth, without ever questioning the logic behind them. Then this idea gets repeated over and over again, becoming accepted by almost all people. A few years ago I attended Shimon Peres’s President’s Conference. Global political leaders, influential businessmen from Israel and abroad and academics came […]
