Goldstein on Gelt

By Douglas Goldstein | CFP® | Profile Investment ServicesBusiness Education Investing

Goldstein on Gelt episodes

December 22, 2016 What Are the Most Common Investment Mistakes That People Make?
Are you guilty of making these common investment mistakes? Larry Swedroe, director of research at Buckingham Asset Management, gives tips on avoiding investment mistakes and reviews important financial concepts investors frequently forget. Larry Swedroe's blogs at http://mutualfunds.com/ and http://www.etf.com/ Follow his work here: http://buckinghamadvisor.com/ and on Twitter @larryswedroe One common financial mistake people make is giving their adult children too much financial assistance. Doug discusses how much money you give your children, and should this be at the expense of your future retirement? Get tips on what to do if you think you are falling behind with saving for retirement
23 min
December 22, 2016Are We On The Verge Of The Biggest Economic Crisis In History?
James Rickards, best-selling author of The Death of Money and Currency Wars, and editor of Strategic Intelligence, talks about the approaching world economic crisis.

Why does James Rickards say that this crisis will "resemble nothing in history"?

How can individual investors protect themselves?

What is the similarity between these predictions and earthquake science?

Why is investing in fine art a good idea?

Follow James Rickards on Twitter on @JamesGRickards and at: www.Jamesrickardsproject.com
26 min
December 22, 2016How to Save Money and Make Smart Financial Decisions
What are the best ways to save money and manage your investments successfully? Behavioral finance categorizes investors into five different categories. Where are you, and where should you be? Learn why timing the market does not necessarily make you a better investor. In order to save money, you need to make effective financial choices. Professor Terrance Odean of the University of California at Berkeley returns to The Goldstein on Gelt Show to talk about how to make smart financial decisions. He talks about:

why living on credit is not a good idea,

how to make the right choices when purchasing life insurance,

if money can actually make you happy.

Follow Professor Odean and his work at: http://faculty.haas.berkeley.edu/odean/ and on Twitter at:@terranceodean
28 min
December 22, 2016 How to Make Good Investment Choices
The way that you invest is very individual, as what may be good investment choices for one person may not be appropriate for someone else. It's easy to find articles about successful billionaires and their investments on the internet. But are articles such as "Top 5 Positions in T. Boone Pickens' Portfolio" relevant to you since your background and situation are very different? On today's financial podcast, find out what you need to keep in mind when choosing investments, and why reading about a billionaire's investments may not be helpful to you. MarketWatch contributor and financial writer Paul Merriman explains how to make investment decisions that aren't based on emotions. Which are the best sources of financial information, and how can you find a financial advisor you can trust? Read Paul Merriman's articles and books at: http://paulmerriman.com/ Follow him on Twitter: @SavvyInvestorPM
20 min
December 22, 2016 Are Natural Energy Sources The Way Forward?
Kurt Cobb, author, journalist, and expert on energy and the environment, returns to Goldstein on Gelt to discuss the energy crisis. Are natural sources of energy, such as thorium and molten salt, effective alternatives to oil?
24 min
December 22, 2016 How to Teach Your Kids to Manage Their Money
Tom Corley, author of Rich Habits: The Daily Success Habits of Wealthy Individuals and Rich Kids, talks about the habits that self-made millionaires learned from their parents. How can you teach rich habits to your children, even if you are not wealthy yourself? What are the most important financial lessons that your children can learn from you? Why are wealthy people less likely to gossip? Follow Tom Corley and his work here: www.richhabits.net
26 min
December 22, 2016 Goldstein on Gelt- Part 2- 052614
In the second part of the show, Doug introduces a new podcast about chess and investing that is connected to his upcoming new book Rich as a King, which he is co-authoring with Grandmaster Susan Polgar. Find out how the tactics used in chess can help you become a better investor – even if you've never played chess in your life.
24 min
December 22, 2016 What You Need to Know About ETFs and Managing Your Money
ETFs (Exchange Traded Funds) are a popular investment tool. Today's show is devoted to ETFs and gives you an idea what these investments are and how they work. Instead of a guest interview, get a taste of a financial podcast with a twist. The Rich As A King financial podcast is based on Doug's bestselling book, co-authored with Susan Polgar, Rich As A King: How the Wisdom of Chess Can Make You a Chess Grandmaster. Doug also discusses how he manages his own money, providing a link to a 4-minute "How Do You Manage Your Own Money," which you will find at www.profile-financial.com/faq-video, a selection of videos dealing with frequently asked personal finance questions. Find out why money managers often suggest ETFs and how they can help you make more effective financial decisions.
21 min
December 22, 2016Why Demographics is the Best Tool To Predict Economic Growth
Harry S. Dent, Jr. is the founder of Dent Research, an economic forecasting firm specializing in demographic trends and author of The Demographic Cliff: How to Survive and Prosper During the Great Deflation Ahead. Discover why the study of demographics so important for predicting the economic future.

What's the connection between demographics and economic forecasts?

What is the geopolitical cycle and how does it affect markets?

What are inflation and deflation, and what lies ahead in the near future?

Follow Harry Dent and his work at: http://www.dentresearch.com/
24 min
December 22, 2016Is It Possible to Be Too Optimistic?
In today's show, Doug talks about investing in technology. Despite the risks involved in technology investments, there may be subdomains within technology that can be good returns. A few of the big picture domains include:

Semiconductors or chips: basically, anything that has a chip inside. This industry is worth millions, if not billions, of dollars.

Software: from Facebook to Twitter to your operation system, everything runs on a code that someone wrote.

When investing in technology watch out for:

Tech stocks are often traded at a premium compared to other market categories because of expected above average growth rates.

Tech companies often do not have profits - sometimes they don't even have cash flow!

There are many investment instruments you can use if you decide investing in technology is in congruence with your risk tolerance level. Technology stocks want to make the world better. Can they also improve your investment returns? Dr. Peter Diamandis, Chairman and CEO of XPRIZE, and Best-selling author of Abundance and Bold, explains why he thinks that the world is a much better place than it used to be. People are living longer, and personal incomes and living standards are higher than they have ever been. But is Diamandis too optimistic? Should all of this good news be tempered with great caution? Hear Diamandis respond to that question and also explain what areas of the economy are most likely to grow in the near future. Follow Peter Diamandis and his great ideas for improving the human condition with incentive prizes and other projects here: http://diamandis.com/ http://singularityu.org/ http://www.xprize.org/ https://herox.com/about
29 min

About Goldstein on Gelt

From the publisher's feed

The Goldstein on Gelt Show is a global investment and financial planning radio show designed to educate and entertain its listeners with financial strategies and investment tips. Douglas Goldstein,…