Goldstein on Gelt

Do men and woman have different financial priorities?

In this week's show, Efraim and Doug talk about what's the best way to set up your financial priorities and how to talk about it with your spouse.

What is the best time of day to have a financial discussion with your spouse?

Listen now to find out what Doug has to say about holding on to "good debt," and why it might be a good idea to have a long-lasting mortgage.

Another way of thinking about this is: should you invest in a high-return investment so you can make enough money to pay off your debt?

Doug explains why paying off debt is in-and-of- itself a good investment.

Efraim is a first-year business student, former IDF officer, and an entrepreneur, launching the "Day with an Officer" business. Contact him at: [email protected]

This week Doug discusses what are the key elements in a strong and healthy relationship. Most people think its "talking to one another". But when is it right not to talk about money? Efraim Goldstein, Doug's son, and happily married for two years and looking to continue to strengthen his marriage, asks the questions all newlyweds should know.

• When is it the best time to talk to your partner about your financial goals?
• Find out how to plan with your spouse for long term and short-term personal and financial goals
• How can you invest without emotion if all the big choices in life come down to emotions?

Efraim is a first-year business student, former IDF officer, and an entrepreneur, running the "Day with an Officer" business. Contact him at: [email protected]

Retirement isn't only a topic for old people, plenty of young people are concerned about it too!

Today, Efraim, a young adult not even finished with university studies, asks Doug why young people like himself should be concerned about retiring… even before they start to work.

In this week's show, Efraim, Doug's son comes back with more questions about retirement.

What should a young adult do to put themselves on the path to a financially comfortable retirement?

How can young people know how much money they will spend after retirement?

In a surprising response, Doug explains why it's important to know how to spend your money when you need it, and not necessarily only focus on saving. Tune in to listen to the debate if you should invest all your money in the stock market and withdraw the money as needed, or should you set aside money for retirement and not touch it until your retirement party?

Efraim is a first-year business student, former IDF officer, and an entrepreneur, launching the "Day with an Officer" business. Contact him at: [email protected]

In this week's show, Doug's son, Efraim, an aspiring real estate mogul, pops into the studio and asks Doug questions about investing in real estate. In the past decade real estate prices have shot up, is now a good time to buy a house or did you already miss the chance to buy at a good price? How does the increase in housing costs relate to the steady growth of the stock market?

Is it better to buy physical property or a REIT? If a REIT, what kind?

Learn how you can diversify your account and invest in real estate at the same time.

Doug and Efraim discuss how one could invest in real estate without worrying about the tenants. And should one try doing it on his own or though some real estate agent as one of the real estate agent's investors, so he makes all the decisions?

Efraim is a first-year business student, former IDF officer, and an entrepreneur, launching the "Day with an Officer" business. Contact him at: [email protected]

Israeli divorces are different than American ones.

Jay Hait, a licensed lawyer in both America and Israel, joins the show to discuss the financial implications of divorce in Israel.

Learn what the most common financial mistakes made when getting a divorce and how to avoid them. Every couple needs a financial plan. Jay highlights some of the legal issue about Israeli divorces and stresses the importance of creating a binding agreements. Jay explains his own view on the financial aspect of a marriage and divorce.

Sign up for an upcoming webinar titled Handling Your U.S. Investments from Israel. On October 24, 2018, Doug will present a webinar on how:

• to open a U.S. brokerage account from overseas,
• how to find a financial advisor tailored to you,
• how to recognize a reputable brokerage firm.

If you're interested in more information on U.S. brokerage accounts, Doug has created a free toolkit designed for investors.

Download free resource: Opening U.S. Brokerage Accounts from Overseas

To learn more about Jay Hait call 077-200-8161 or visit his website.

If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

What does financial freedom look like to you?

Believe it or not, everyone has different definitions of what financial freedom is.

What situation would you have to be in to feel financially secure?

Linda P. Jones, the founder of Be Wealth & Smart VIP Experience, an online investment program that mentors woman financially, joins the show today to discuss common conceptions of financial freedom and how ordinary people can reach financial security. Listen to learn the three components of financial freedom and the best way to find your personal potential for creating wealth.

Linda published the book You're Already a Wealth Heiress! Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now, which is geared specifically for women who want financial freedom and are just getting started in the world of investing. However, she assures us that men can also benefit from reading the book!

Take charge of your first meeting with a potential financial advisor, and make sure to ask the right questions. Listen to learn the questions you should ask at your first meeting.

If you are considering opening a U.S. brokerage firm account from Israel, make sure to download a toolkit on his corporate site.

To learn more about Linda P. Jones listen to her Be Wealthy and Smart and The Money Tree Investing Podcast.

If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Even though the United States is strict about opening U.S. brokerage accounts from overseas, if you're not a money launderer or criminal, it is easy to open a U.S brokerage account from overseas. As a financial advisor specialized in cross-border financial matters, Doug has over two decades experience in opening U.S. brokerage accounts for people who don't have an American address. Unsure why your address might impact your ability to open an account?

Listen to Doug's discussion with Joe Saul-Sehy, podcast host of The Stacking Benjamins Show, to talk about the process a cross-border investor goes through when a U.S. brokerage account is opened from overseas. Further, Joe has a lot of experience with cross-border investing and understands what an investor can expect from the experience.

Download the free toolkit for investors considering whether they should open an account. Download free resource: Toolkit for Opening U.S. Brokerage Accounts from Overseas

Joe Saul-Sehy hosts The Stacking Benjamins Show. Follow him on Twitter @AverageJoeMoney

If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

When you die will your heirs need to pay estate tax? The distribution of a deceased person's assets is a complicated process that may become more complicated when estate tax is involved.

Ron Zalben, CPA at Aboulafa Avital Shrensky & Company law firm and frequent guest on The Goldstein on Gelt Show, shares insights on estate tax. Listen to learn if your estate will be subjected to estate tax, and what the current laws are.

Doug wrote a book geared to those who have received, or are anticipating receiving an inheritance. The Inheritance Book. The book is a resource for people who recently lost a loved one. The book contains 5 essential checklists to streamline the paperwork involved in claiming an inheritance. If you need a little help getting your inheritance paperwork form in order, Doug has created a free checklist to keep you on track.

Download free resource: Inheritance Paperwork Form

If you have follow up questions about estate tax, be in contact with Ron Zalben: [email protected]. He is also available on Facebook and LinkedIn.

If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

If a loved one recently passed, do you know what you need to do to claim your inheritance? Israeli law requires heirs to have a transfer certificate to claim an inheritance. What is a transfer certificate? Where can you get one? Today's guest has the answers… Ron Zalben, a partner at Aboulafa Avital Shrensky & Company, has extensive knowledge of estate tax laws and transfer certificates. Getting a certificate can be a tedious process, but it is necessary to claim or transfer any assets. Ron explains how someone receives a transfer certificate.

If you received an inheritance that included a beneficiary IRA account, in order to avoid needless taxation, you need to open a U.S. brokerage. Doug explains why it is essential to find a cross-border brokerage firm. If you need a little help getting your inheritance paperwork form in order, here is a free checklist to keep you on track. Download free resource: Inheritance Paperwork Form Buy a copy of Doug's latest book The Inheritance Book Ron Zalben can be reached at 02-6294272 or at [email protected]. He is also available on Facebook and LinkedIn. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

What exactly is a power of attorney, and when would it come into play? Russell Mayer, a Senior Partner at Livnat Mayer & Company, explains what a power of attorney (POA) is and when people would typically need to use one. A power of attorney gives someone else the authority to handle your affairs in the event you can't. There are several different types of power of attorney, and knowing which is the most appropriate can be complicated. In fact, Americans who recently moved to Israel may be surprised to find that an American power of attorney will not be recognized in Israel.

During September every episode is focusing on a different aspect of receiving an inheritance. Today's episode focuses on what happens if you inherit an (Individual Retirement Account). Taking money out of a beneficiary IRA can have tax consequences so before you use the funds consult with a tax advisor, and before you invest the funds, consult with your investment advisor, as some types of investments may not be appropriate for an IRA. Doug explains what you should do if you inherit an IRA or need to handle any assets domiciled in the U.S.

If you need a little help getting your inheritance paperwork form in order, here is a free checklist to keep you on track!

Download free resource: Inheritance Paperwork Form

To learn more about Russell Mayer send him an email [email protected]. Russell is a co-author in Doug's latest book The Inheritance Book. You can buy the book at GoldsteinonGelt.com/books.

If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.