Goldstein on Gelt

Is it best to manage your money by yourself or to use a money manager? Today's show discusses money managers: how can you measure a money manager's success? Would you be better off buying an index fund? One of the biggest worries that investors have is market uncertainty. David D. Holland, radio host, author, and financial planner, returns to The Goldstein on Gelt Show to talk about the factors that cause fluctuations in the markets. How does the energy industry affect the economy, and what are the effects of election year? Get useful advice on the best way to react to market changes and manage your money. Follow David Holland's work on: http://planstronger.com/

Does investing in rental property lower the risks posed by market volatility? Doug discusses the advantages and disadvantages of investing in the rental property market in the United States. Renting out a property involves challenges, such as finding responsible tenants, handling repairs, adhering to building and safety codes, and much more. Find out how to invest in property without all the hassles of being a landlord by purchasing a REIT (real estate investment trust). Are you worried about market volatility? Bestselling author and president of Empyrion Wealth Management, Kimberly Foss explains why market volatility shouldn't scare investors away. She offers a special bonus to our listeners: a free copy of her book Wealthy By Design: A 5-Step Plan for Financial Security. Listen to the end of the show to find out how to get it. Follow Kimberly Foss and her work at www.Kimberlyfoss.com and http://empyrionwealth.com/ Send your questions to her at [email protected]. You can also follow her on Twitter at @KimberlyFossCFP, and on Facebook and LinkedIn.

Who will control your finances if you lose your ability to make decisions? Many senior citizens suffer from memory loss, dementia, and other cognitive disorders as they age. The Alzheimer's Society recently issued a report about the vulnerability of dementia sufferers to financial abuse and the need to protect them. Today's show is devoted to aging and finance and what to do if you, your spouse, or your parents suffer from any health issues that affect their ability to make wise financial decisions. Find out:

• How to organize the financial and legal affairs of a dementia sufferer.
• What kinds of accounts should you set up?
• What are the most appropriate investments for people suffering from mental health issues?

How do dropping in oil prices, economic changes in China, and inflation affect your financial plan? What is the best way to respond to market volatility? On today's show, Doug discusses what causes market fluctuations, and what economic changes really mean for your financial plan. Also, sample the new financial podcast "4-Minute Money Ideas" This financial podcast is the audio version of Doug's articles in The Jerusalem Post. Today's discussion is about "What Should You Do When You Get an Inheritance." You can listen to the 4-Minute Money Ideas here or on iTunes.

What is the best way to invest when there is a strong dollar? In today's show, Doug answers a listener's question about the best way to invest when there is a strong dollar and you are an American citizen living abroad. Learn the difference between "reference currency" and "living currency." Does the U.S. government possibly discriminate against its citizens who live overseas? Read this article about the tax reporting obligations of Americans living abroad. Today's guest, Mark Divine, a former Navy SEAL and bestselling author of The Way of the SEAL and Unbeatable Mind, compares a long-term investor with a sniper. He speaks about managing your mind and emotions in order to make the right decisions. How can you develop patience, which is one of the most necessary qualities for being a long-term investor? Follow Mark Divine's work on: http://sealfit.com/ and http://members.unbeatablemind.com/ and on Twitter at: @MarkDivine

Don't get carried away by rising interest rates. Instead, consider the impact of interest rates on your retirement plan. Doug reviews fundamental points about retirement planning and how to make sure your money is there for you when you actually need it. How should rising interest rates affect the way you handle your investments? Money manager Chris Cogswell returns to The Goldstein on Gelt Show and discusses what happens in a rising interest rate environment. Chris also explains how high frequency traders compare to retail investors to the market and institutional investors. Follow Chris Cogswell and his work at: http://www.prginc.net/. You can also follow him on LinkedIn as J. Chris Cogswell and on Twitter at @JChrisCogswell.

Does being a successful investor influence your retirement age? Find out about the advantages and disadvantages of early and late retirement. Learn about claiming Social Security and the connection between Social Security payments and Bituach Leumi (Israeli National Insurance) pensions. Is there a simple mathematical formula to guide you towards the right decision on when to retire or how to invest for success? Today Doug speaks with mathematician Professor John Allen Paulos of Temple University, author of A Mathematician Plays the Stock Market, about stock market strategies. Which formulas and strategies work, and which ones are just wishful thinking? Can using mathematical formulas help you become a successful investor? Follow John Allen Paulos on Twitter @JohnAllenPaulos and visit his website at: www.johnallenpaulos.com. Read his latest book, A Numerate Life.

The average retirement savings of American families is $95,776. At first, this sounds like a hefty sum, but there is more to the number than meets the eye. Since it's the average retirement savings, it doesn't reflect the fact that nearly half of American families have no retirement account savings at all, and the median — 50th percentile — family has just $5,000 saved. Today's show gives practical tips on how to save for your retirement, with an eye to increasing your retirement savings. Retirement is expensive – especially in America. That's why some Americans consider retiring abroad. While housing, health care, and other costs may be lower in other countries, there are other financial issues that arise with a move abroad. Art Koff, MarketWatch columnist and founder of RetiredBrains.com, discusses critical questions that you should ask before retiring to another country. He also addresses how to get your Social Security, and shares great resources that retirees can use to plan their golden years. Follow Art Koff and his work at www.retiredbrains.com

Recent reports indicate that the Federal Reserve is expected to raise interest rates again this year. What effect will this have on individual investors and your investment portfolio? On today's show, Doug discusses interest rates, their significance, CDs, and a bank deposit that may have a higher than average return. Listeners wanting to learn more on the topic can click here. In the second half of the show, annuity specialist Stan Haithcock dissects the myths behind the advertisements and explains that an annuity is simply a contract, not even an investment. Find out why it's critical to fully understand the contractual guarantees. Learn more about Stan Haithcock and his work at: www.stantheannuityman.com

Estate planning is a critical part of financial planning. While many folks focus on retirement planning, it is equally important to spend time thinking about what happens to your assets when you no longer need them. Today Doug shatters the taboo of talking about estate planning and details what you need to do in planning your estate. What documents do you need, and with which professionals should you consult? For more about planning your estate, read Why Your Investments Must be Different From Your Parents'. Family politics and the fear of losing your loved ones can make estate planning discussions difficult. Jack Tatar, author of Having the Talk: The Four Keys to Your Parents' Safe Retirement, and What's the Deal with The Talk Between Adult Children and Their Parents? discusses how to avoid future disputes over wills and inheritances. Learn when is the best time to have "the talk" and get tips on how to raise these sensitive estate planning topics. Follow Jack Tatar and his work on http://safe4retirement.com/ Get a free copy of his book What's the Deal With... The Talk Between Adult Children and Their Parents at: www.havingthetalkbook.com