Goldstein on Gelt

Do you ever dream about retiring early? Billy and Akaisha Kadarli share their story of how they managed to retire early, at age 38. Billy, a Wall Street investor, realized he and his wife needed to pull back from work to help their marriage. Billy chronicles the steps he took towards early retirement and explains how he keeps his portfolio healthy. Learn about his market approach as well as his main sources of income. If you want to retire early, here are some good benchmarks to use. Ever wonder how the rich stay rich? The wealthy aren't wealthy by accident. It's one skill set to get wealthy and another skill set to stay wealthy. Doug collected tips from people who have made money and managed to keep their wealth. To see his compilation of "How You Can Make and Keep Money Like the Rich Do", enter your email into the form below: (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//forms.aweber.com/form/94/855132094.js"; fjs.parentNode.insertBefore(js, fjs); }(document, "script", "aweber-wjs-byymylymf")); To get more of Billy and Akaisha Kadarli's early retirement advice, go to their website www.retireearlylifestyle.com, 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.

Are you looking for a way to choose better investments? If so, consider "factor investing."

Professor Elroy Dimson of the Cambridge Judge Business School believes factor investing leads to better results. This is because, he says, if you expose your portfolio to a variety of factors (different from just investing in different industries or sectors), these distinctive attributes have a very important impact on how a portfolio performs.

When selecting investments, consider factors like:

• Sensitivity to inflation
• Company size
• High/low dividend yield

How to talk to your parents about their finances.

Doug shares "10 Secrets to Talking to Your Parents About Money." It's hard to discuss money with a parent, but it is essential for solid financial planning. This top ten list is available for people who need help beginning that conversation. Click here to receive your copy of the list.

For a free download of Dr. Elroy Dimson's book Financial Market History: Reflections on the Past for Investors Today click here: CFA Institute website.

To learn more about Roger Whitney and his 5-minute retirement plan, go to rogerwhitney.com/5minuteretirementmakeover.

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 your self-worth dependent on your job, your title or your paycheck?

If so, what will happen when you retire and all of those disappear?

Nancy K. Schlossberg, author of Too Young to Be Old: Love, Learn, Work, and Play as You Age, focuses on the transition to retirement, by focusing on the importance of having a healthy psychological portfolio for retirement. Nancy discusses the mental preparation new retirees should do in order to find balance in their life.

She also encourages open communication with life partners and family about your finances. Listen to learn how you can improve your financial conversations.

Don't ignore your financial statements!

Are you overwhelmed when you open your financial statements and need help understanding the numbers? Doug offers a brief guide to understanding your financial statements.

The biggest mistake an investor can make is not making an effort to understand what is going on. Even if you just look at the front page of your statement, learn what numbers are the most important to look at (hint: it may not be the total net worth).

If you would like a more depth resource for understanding your financial statements, watch this video.

To learn more about Nancy K. Schlossberg, visit her www.transitionsthroughlife.com.

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.

Bob Hoye, chief financial strategist of Institutional Advisors, warns that the bond market bubble is in danger of bursting. He explains what happening in the bond market right now that is causing a bubble, as well as, how investors can avoid the inevitable bubble burst. Bob's background in the mining industry and investing gives him a keen understanding of the commodities and their relationship with the market. Listen to learn what type of bonds retirees should buy in light of this situation.

Should you invest internationally?

Doug explores what is happening in the global markets. Many foreign countries are experiencing economic growth. Are these emerging markets great assets for investment portfolios? Doug explains what emerging market debt is, and gives tips on how to decide if emerging market's risks are worth the potential benefits? Join Doug to hear more about this intriguing investment option. To learn more about Bob Hoye visit https://www.howestreet.com/author/bob-hoy. To learn more about Roger Whitney and his 5-minute retirement plan, go to rogerwhitney.com/5minuteretirementmakeover. 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.

Need help understanding what bonds are or how you should choose to invest in bonds? Doug is joined by Zack the Puppet, a CFPP (Certified Financial Planner's Puppet) to bring some levity to their discussion about bonds. Doug explains what bonds are and how they work. He also clarifies the best uses for a bond. He also has some advice on how to find the right balance of principal and income in your portfolio. If you want more insight into bonds then watch this video. It might help you make better bond selections. 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.

Millennial investors are stereotyped as having short attention spans and an aversion to investing. Is this an accurate representation? Doug invites Shannah Game, CFP® , a specialist in millennial investors, to discuss the difference between millennials and other investors. Listen to two Certified Financial PlanningTM Professionals debate how retirement and investment goals are different for millennials. Shannah reaches out to this financially conservative generation and offers some tools that make investing and saving a little easier. She also has a simple exercise that you determine why you need to "know your number." 3 types of mutual funds Are you familiar with all 3 types of mutual funds? Doug explains the differences in the 3 types of funds (index funds, open end funds and closed funds) and elaborates on closed end funds. What are the pros and cons of closed end funds? What makes them a good choice for some investors, but not others? To learn more about Shannah Game and other issues affecting millennial investors listen to her podcast, Millennial Money, or visit her personal shannahgame.com. To learn more about Roger Whitney and his 5-minute retirement plan, go to rogerwhitney.com/5minuteretirementmakeover. 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.

Can young people become millionaires? They can if they begin investing early! Listen to Grant Sabatier, "the millennial millionaire," as he shares why and how he embraced an early investing strategy. Grant took advantage of a bear market and made millions of dollars when the market recovered. He stresses the importance of having both a short-term and long-plan for investing. Doug and Grant discuss his strategies and discipline, and explore the successes and failures of Grant's investment journey. Should young investors invest aggressively? Doug answers the question of when someone should begin saving. The answer is simple… right now! Millennials should start putting aside a percentage of their income as soon as they begin working. Ignore the impulse to wait until "things are financially easier" to save, since saving is a habit. Doug explains how mutual funds and index funds work, and encourages creating a long-term plan for stock market investing. Unlike older or late investors, a young investor may be able to afford more risk and use more aggressive investments -- and become more conservative as retirement approaches. Listen for some investment techniques that may help increase a young investor's confidence (and hopefully, success). New and experienced investors alike may benefit from watching a video about Monte Carlo simulations. To learn more about Grant and his investing story, listen to his podcast Millennial Money Minutes, or go to his website millennialmoney.com. Follow him on Twitter @millennialmoney. Visit www.profile-financial.com to learn more about Doug Goldstein's investing strategies. Investors needing to move their money to the U.S. can find a helpful tool kit on the site. 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.

Stretching is not only for the gym… if you have a "Stretch IRA" you can s-t-r-e-t-c-h out the taxes due on your inherited IRA (Individual Retirement Account). If you pay taxes later, you have more money to invest now! CPA and Estate Planning Attorney Jim Lange discusses with Doug how to best title and organize inherited IRAs so beneficiaries can defer taxes. Jim stresses the importance of setting up inherited IRAs properly in order to maximize the benefits of these accounts. Learn two critical mistakes people make when receiving an inherited IRA, and make sure that you prepare your paperwork properly. Investing for the future means that you're optimistic If you ask Doug whether his cup is half full or half empty, he'll say it's full of promise for the future. Doug discusses his favorite new technologies (self-driving cars!!! – listen to another interview on the topic), and summarizes how to decide what technology to choose for your long-term money. If you are optimistic that the economy is growing, look to the future and invest in the economy. If you think the future will be better than things are today, be a long-term investor, and choose to invest with an index fund, mutual fund, or money manager. Optimism isn't the only important trait long-term investors need. They also need patience. Listen to the show to learn why! You can follow at Jim Lange at paytaxeslater.com, where you can get a free download of Jim's book. Note that Doug doesn't give tax advice. He's a financial planner and investment advisor. For tax advice consult a certified tax advisor. 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.

We are living in "the age of longevity" where 20-year-olds can expect to live to 100! Does this mean the current retirement system will soon be obsolete? Professor Andrew Scott, an economics professor at the London Business School and author of The 100-Year Life: Living and Working in an Age of Longevity, discusses how retirement planning needs to change to face the challenges of an extended lifespan. Listen what transformations need to take place both in the current attitude and infrastructure of retirement planning. Are governments adequately addressing the inevitable strain longer lives will place on their future economies? How can individuals and their retirement planners make informed choices to cope with a longer retirement? Professor Scott insists that the most important aspect of retirement planning may not be financial. Tune into the financial podcast to learn which specific aspect of retirement planning should be your focus. There is no such thing as a "no risk" investment Risk is an inherent part of investing. There are three main methods to reduce risk in your portfolio: asset allocation, diversification, and money management. But what exactly is a money manager? Doug explains how a professional money manager may help lower risk in your portfolio. To learn more about Professor Andrew Scott's book, visit his website, follow him on Twitter, @ajsiondon1, or read his book,The 100-Year Life: Living and Working in an Age of Longevity. 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.

Retirement planner Nahum Daniels, CFP®, discusses with Doug how retirees can maintain a steady cash flow in retirement without receiving a paycheck. Nahum and Doug compare and contrast the benefits of fixed annuities, index funds, passive investing and bonds. Is one investment vehicle better than the others? Are bonds appropriate for retirees? Many retirees have a large percentage of bonds in their retirement portfolio. However, the risk of inflation can lower the real value of your fixed income (bond) returns. So what is a retiree to do? Consider a bond investment strategy that may improve your returns: bond laddering Bond laddering may pay a higher long-term rate while staggering interest payments to provide steady income during retirement. Learn more about bond laddering at www.profile-financial.com/bond-ladder. Listen in as Doug explains asset allocation strategies to balance safety with higher returns. To learn more about Nahum Daniels, 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.