Goldstein on Gelt

Why did Bituach Leumi decide to give Israeli children free money? Douglas Goldstein, CFP®, a licensed investment advisor who helps people meet their savings goals, speaks with Professor John Gal, chair of the Social Welfare Policy program at the Taub Center, about the program to alleviate child poverty. Professor Gal discusses how the program works and whether it will be successful in giving children a head start in life. Will the new program encourage increased savings? For an article about the tax implications of the Bituach Leumi program for U.S. citizens, click here. To read an article, written by Professor Gal, about the savings accounts, click here. Follow the work of the Taub Center at taubcenter.org.il and on Twitter @TaubCenter Should you invest your money in a casino instead of the stock market? Roger Whitney, the Retirement Answer Man, co-hosts this episode of The Goldstein on Gelt Show. Find out why some people prefer to bet in a casino, where the odds are stacked in favor of the house, rather than putting their money into the stock market, where historically chances of making a profit are much higher. Can you really make successful financial decisions based on chance? Follow Roger Whitney at http://rogerwhitney.com and on Twitter @Roger_whitney.

Douglas Goldstein, CFP®, a financial advisor who helps people preserve the real value of their money, questions how safe it is for people to put money in the bank. Professor William Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City and author of The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry, discusses bank safety and explains why OECD nations insure bank deposits. How does this insurance work? Also, find out about the complex investments that brought Wall Street to its knees. What is a "safe stock"? If you want your money to grow faster than the bank's interest rates, should you invest in the stock market? Is there a "safe stock?" What should conservative investors do with their investments? Follow Professor Black's blog at: http://neweconomicperspectives.org/category/william-k-black and on Twitter @WilliamKBlack. Listen to his TED talk here.

Many people believe that the typical "white coat investor," i.e. a doctor, surgeon, or dentist, must be wealthy due to the relatively high salary medical professionals earn. Dr. Jim Dahle, author of The White Coat Investor: A Doctor's Guide to Personal Finance, explains why this is not always the case. Many professionals are not financially astute, and they have no idea how to manage their money or prepare for retirement. Dr. Dahle discusses how to manage the financial jump from living on a low-income to becoming a high-salaried professional. If you live a long life, will you run out of money? Many retirees' biggest worry is that they will outlive their savings. Douglas Goldstein, CFP®, director of Profile Investment Services Ltd., shares tactics for preparing financially for a long life, so that you will always be able to pay your bills. Follow Dr. Jim Dahle at www.whitecoatinvestor.com and on Twitter @WCInvestor.

Although budgeting is an important part of personal finance, the real key to building wealth is to make more money. Matthew Paulson, author of The Ten Year Turnaround, discusses why you should think out of the box when deciding on a profession rather doing what seems easiest. Find out how giving charity can change the way you perceive money and help you to earn more. Can international investors own a trust? Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., explains how new legislation affects trusts and their owners. Follow Matthew Paulson at www.mattpaulson.com and on Twitter @MatthewDP

Investing wisely is more than just choosing high-yielding investments and optimizing your asset allocation. Dan Solin, New York Times bestselling author of The Smartest Retirement Book You'll Ever Read and columnist in The Huffington Post, shares tips about investing wisely and how to plan your estate so that your spouse is financially safe when you pass away. Avoid Outliving Your Retirement Nest Egg No one wants to outlive their money. Creating a financial plan is one of the best ways of making sure that your assets will meet your needs your entire life. Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., discusses the advantages of planning your budget, lifestyle, and investments. Follow Dan Solin at https://danielsolin.com and on Twitter @DanSolin.

Douglas Goldstein, CFP®, a financial advisor who helps Americans living in Israel manage their investments, discusses the benefits and risks of using a credit card with Jason Steele, an expert in the credit card industry. Find out how credit cards really work, and who benefits from your credit card purchases. Can consumers benefit from points and reward schemes without falling into debt? Will the Trump Administration cause the markets to crash? Now that President Trump is Commander in Chief, we can expect many changes to government policies and taxation. Douglas Goldstein, CFP®, explores the differences between fiscal and monetary policy and assesses possible changes to the U.S. economy. Follow Jason Steele at www.jasonsteele.com and on Twitter at: @SteeleStreet.

Doug meets James Clear, entrepreneur and expert on personal habits. How easy is it to change your behavior to achieve your goals? And how can you improve your financial habits if they are deeply ingrained? Listen to your favorite personal finance show for the answers to these questions and more.

David Bach, author of Smart Women Finish Rich, talks about the "latte factor" and why women need to be in control of their finances. And is it too late to plan for retirement? Find out more on your favorite personal finance show.

What are the habits of the rich, and can they help you to succeed? On this week's show, Tom Corley, financial planner and author of Rich Habits: The Daily Success Habits of Wealthy Individuals, discusses the lifestyle of the rich. Does wealthy always equal healthy, and how do your personal relationships affect your financial success?

Meet legendary author and expert on lateral thinking Edward de Bono. What is lateral thinking? And what is the logic behind his famous book, The Six Thinking Hats? Find out which hat you're wearing.