Goldstein on Gelt

Does receiving stock dividends eliminate or mitigate the risk of investing in stocks? Why would an investor choose stocks without dividends? Ben Reynolds, founder of Sure Dividend, provides guidelines for investors who are looking for stocks which pay high-quality dividends. He explains what a dividend is and how investors can use dividends to their advantage. However, dividends also have disadvantages. Ben acknowledges these disadvantages and outlines why companies may stop paying dividends. Listen to learn the pros and cons of receiving stock dividends.

Doug answers one of the most common questions he hears as a financial advisor: How Much Money Can I Safely Withdraw from My Portfolio?? Download the one-page resource here, and learn about the question you shouldn't ask when planning your financial future. Download free resource: How Much Money Can You Safely Withdraw from Your Portfolio? Learn more about Ben Reynolds at Sure Dividend, download his pointers to demystify dividends here: Dividend Aristocrats. Follow Ben on Twitter @suredividend. 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.

There is a right way to spend money. How do you know if you're spending your money the right way? Jonathan Clements, founder of Humble Dollar and author How to Think About Money, says money can buy happiness. He explains why it may seem as if you don't have enough money and what you can do about it. Jonathan also believes in the idea of "Buckets of Happiness," and explains how people should invest and spend their money.

Doug has four steps to make investing easier. The Easy Way to Invest Around the World is a free resource designed for every investor around the globe. If you need a little encouragement to keep cash on hand, read Why Cash May be More Important Than Stocks. Download free resource: The Easy Way to Invest Around the World To follow Jonathan Clements visit his website Humble Dollar and follow him on Twitter. You can also buy How to Think About Money. 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.

Is there a common character trait that successful entrepreneurs share?

John Lee Dumas, host of the Entrepreneur on Fire podcast, returns to the Goldstein on Gelt Show to talk about what it takes to start a successful business. John's insight after speaking with thousands of entrepreneurs can help you with the decision to start your own business or continue working for someone else's company.

Is there a correlation between the skills involved in entrepreneurship and the skills a successful investor has?

Spoiler alert: Curiosity may be the key to success on multiple fronts.

Curious? Listen now!

Get John Lee Dumas', new book, The Common Path to Uncommon Success, and follow him on Twitter @johnleedumas

Why is there a stereotype that women aren't as good as money as men? Today's episode blasts the misconceptions and myths tied to the world of investing. Anyone, even you, can become a powerhouse investor. Just follow these 5 life-changing rules… Alice Finn, CEO of Powerhouse Assets and author of Smart Women Love Money: 5 Simple, Life-Changing Rules of Investing, shares her passion for helping women see their potential in the world of finance. She talks about why women tend to shy away from financial planning and talks about approaching your finances with her five life-changing rules. Stop and think before you spend that inheritance Doug has prepared a free resource called How Quickly You Should Invest the Money You Inherit? He talks about getting an inheritance and the general questions an investor should ask before they invest their inheritance. And, on the other side of the coin, Doug outlines the way investors should prepare an inheritance for their loved ones. To learn more about deciding when to pass on your wealth to the next generation, watch Letting Go of Financial Responsibility. Download free resource: How Quickly You Should Invest the Money You Inherit? Learn more about Alice Finn by reading her book Smart Women Love Money: 5 Simple, Life-Changing Rules of Investing. Alice can be contacted through Powerhouse Assets. 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 it take to become a millionaire? What financial choices do you have to make to get on the millionaire track? Joe Saul Sehy, host of the award-winning podcast Stacking Benjamins, frequently works with millionaires and has learned some of their some secrets to success along the way. Joe breaks down common misconceptions about millionaires and shares insights as to how they earn their wealth. What differentiates a millionaire from every other investor? What financial systems can put you on the millionaire track?

It's easy to say real money is made in the stock market. But educated investors know there are opportunities in the bond market. Doug compiled a list called Why Wealthy People Buy Bonds that outlines why investors add bonds to their portfolios. Download this free resource to learn why buying bonds may help your portfolio. To learn more about bonds in general, check out this free video. Download free resource: Why Wealthy People Buy Bonds Follow Joe Saul-Sehy on the Stacking Benjamins podcast, or sign up for his online courses Joe also co-hosts a podcast with Doug called 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.

Running a business presents challenges, not least of which is cash flow. Cash flow is a problem for many people, but businesses have their own issues. How can business owners make the most of their cash flow? Barbara Weltman, attorney and business writer, explains what cash flow is and how to change the way you use it. She outlines some tools and strategies that make cash flow management simpler. Barbara knows a lot about taxes and the nature of businesses. Tune in to learn more about cash flow management.

Doug comforts investors who may find retirement planning overwhelming. He created a downloadable resource called Maintaining Your Income When You Retire. He shares some investment choices that can generate cash flow for investors so retirement is not such a drastic change. If you would like to learn more about increasing your retirement income, check out this video. Free resource: Maintaining Your Income When You Retire Learn more about Barbara Weltman by reading her books J.K. Lasser's Small Business Taxes 2018: Your Complete Guide to a Better Bottom Line and J.K. Lasser's Guide to Self-Employment: Taxes, Tips, and Money-Saving Strategies for Schedule C Filers or visiting her 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.

Investors used to be able to buy PFICs (passive foreign investment corporations) investments without a lot of trouble. So what changed? Yosefa Huber, CPA, helps U.S. citizens living abroad sort out tax issues regarding their U.S. investments. Doug and Yosefa discuss why PFICs cause so much trouble to investors and their accountants. Learn what a PFIC is, and then take a look at your investment portfolio to see if you inadvertently own one.

Doug has 3 Reasons Not to Retire Early, and they may be more legitimate than you realize. Free download: 3 Reasons Not to Retire Early Yosefa Huber can be contacted through her website and Facebook. 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.

Many successful family businesses also have a strong family culture. How are the two related, and how do you shape your family culture? Mitzi Perdue grew up in one family business and married into another. Mitzi shares how her father, founder of Sheraton Hotel, created a strong foundation for his family and encouraged a positive family culture, and how she and her husband, Frank (think chicken!) built their own family culture. She discusses both business and how to become a better family unit. The author of How to Make Your Family Business Last: Techniques, Advice, Checklists, and Resources for Keeping the Family Business in the Family, Mitzi explains how a strong family culture improves all forms of communication, but most importantly, makes having financial discussions easier.

Doug shares a listener letter. "Janet" wants to know the best way to move a few thousand dollars over to the U.S. Listen to the show to find out Doug's answer. Hint, it has to do with a cross-border brokerage firm. Doug addresses the problems with offshore mutual funds and offers detailed instructions on how to work with an American bank when you're outside of the country. He even recommends his free resource Toolkit for Opening U.S. Brokerage Accounts from Overseas. Free download: Toolkit for Opening U.S. Brokerage Accounts from Overseas Learn more about Mitzi Perdue and family business by reading her books or visiting her 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.

Do you know what your retirement income needs are? How much will it cost you to live during retirement? There is no one magic answer as your retirement income should be determined by your personal needs. David Trahair, CPA and financial writer, concurs that retirement is a personal case-by-case situation. He advises how to calculate your retirement goal based on your own personal situation, a one-size fits all approach to retirement planning is useless. David explains how listeners could look at their financial needs and plan accordingly.

Doug shares a listener letter from "Stewart." Stewart asks Doug to explain Monte Carlo simulations and why they are useful in financial planning. In addition to Doug's explanation, you can watch this video on the subject. Follow David Trahair by visiting his website or reading his books The Procrastinator's Guide to Retirement, and Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy Ever. 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.

Is a basic education enough to make informed investment decisions, or do folks with higher education tend to make better Investment decisions? Nobel Prize winner and Brown University Professor J. Michael Kosterlitz reflects on how education is the key to making positive change in all aspects of life… including finances. Listen to learn how researching superfluidity generated a new understanding of physics, and more importantly, how to perfect your own individual thought process. Professor Kosterlitz admits his scientific work is hard to understand, but it is the idea behind the work that really matters. Professors Kosterlitz explains that in order to apply an idea or a process, you first need to understand how it came to be. This concept is critical in understanding your personal investment choices.

Doug shares three steps an investor needs to take to create a Core/Satellite portfolio. Learn how to do this by downloading a one page resource called What's a Simple Way to Get a Smart Portfolio?. Free Download: What's a Simple Way to Get a Smart Portfolio? Learn more aboutProfessor J. Michael Kosterlitz by watching his lectures on Youtube. 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. Post a review of the show on iTunes. Here's a short video explaining how for IOS 11 users.