Goldstein on Gelt

The U.S. Social Security Administration redefined WEP and bituach leumi, so that people in Israel may receive more Social Security. Doug explains the changes in WEP, and warns about being complacent. Social Security is one of the tools in the fight against poverty, but why are there so many poor people? 2015 Nobel Prize Winner in Economics, Professor Angus Deaton, author of The Great Escape: Health, Wealth, and the Origins of Inequality, provides some interesting answers. Professor Deaton describes his research about poverty, helping the poor, and the reason that the current systems are destined to fail. He also answers the question: Is it smart to help the poor by just giving them cash? Follow Professor Deaton and his work at: http://scholar.princeton.edu/deaton/home

Should you invest in emerging markets like China and Brazil? The rapid economic growth and rising stock prices in emerging markets may look enticing, but don't ignore the high risks involved. Consider diversifying investments into mutual funds, ETFs, and ADRs, or even a separately managed account (SMA). For an in-depth discussion of investing in the Russian emerging market, Doug speaks with former world chess champion Garry Kasparov. After he retired from professional chess in 2005, Garry became a pro-Democracy proponent for Russia and is the author of the new book Winter Is Coming: Why Vladimir Putin and the Enemies of the Free World Must Be Stopped. Is Russia a good prospect for investment? What is life really like in Russia today? Is the current regime as popular at home as it appears to be in the press? Have the Russian people simply swapped one authoritarian regime for another? Listen to Garry Kasparov's answers to these questions on this episode of The Goldstein on Gelt Show. Follow Garry Kasparov and his work by visiting his website, www.kasparov.com. You can also follow him on Facebook and on Twitter @Kasparov63.

How can you invest for retirement in a low-interest rate environment? One answer is to invest in bonds. Learn why many retirees choose to invest in bonds, what the risks are, and how to buy them. Investing in a bond fund can help diversify your portfolio. This week's Goldstein on Gelt podcast gives a link for a video about bond laddering and an article that explains how bond funds can increase your portfolio's diversification. Professor Burton G. Malkiel of Princeton University, bestselling author of A Random Walk Down Wall Street, takes the idea of investing at low risk further. He recommends three tools that may help you to invest for retirement in today's low-interest environment and shares his predictions for inflation and interest rates.

This week, it's Doug's birthday, and to celebrate, he goes back to basics. He shares the wisdom that his mother, a 17-year veteran of Wall Street, taught him, and the stock-picking trick his grandmother, one of the first women to be licensed as a stock broker in America, used.

In today's guest interview, Peter Schiff, economist, financial analyst, and president of the Euro Pacific Bank, discusses the U.S. government's debt and its effects on the economy. How can the American government debt be repaid? Peter Schiff goes head-to-head with Obama's policies. He believes America is heading for a rude awakening when the world realizes that the U.S. can't pay back her debt. Learn about Schiff's solution to the debt crisis.

Follow Peter Schiff's work at: http://www.europac.com/

Listen to his podcasts at www.schiffradio.com

Find out more about his books at: www.schiffbooks.com

Financial expert Peter Schiff returns to The Goldstein on Gelt Show with some advice for the 2016 president-elect on the American economy. Whether Clinton or Trump is elected, the American president must take America out of the current recession and restore America's greatness. In his message to the next U.S. president, Schiff explains the effects of a weak dollar on stock prices and much more. The next U.S. president will inherit an economy in shambles. But what happens when you inherit a stock position from your parents? How will that inheritance affect your finances? Find out what you need to know when you inherit assets. What questions do you need to ask yourself when deciding whether to sell inherited stocks or keep the original positions? Learn more about Peter Schiff at: www.schiffradio.com (podcast), www.europac.com (financial advice), and www.schiffgold.com (gold company.) Follow on Twitter @PeterSchiff and watch his videos on YouTube at: The Schiff Report Channel.

Did you ever wonder why people make such a big deal about interest rates? Doug explains why interest rates affect you, what you should do if you think rates will keep rising, and how the risks of rising interest may impact your financial health.

In today’s interview, Doug meets Anne-Marie Slaughter, president and CEO of New America and author of Unfinished Business: Women, Men, Work, Family, who left her prestigious position as the first woman director of Policy Planning for the U.S. State Department to take care of her family. Shunned by many other feminists, she explains to the Goldstein On Gelt audience why she is still a feminist, but why the feminist movement hasn’t finished its job. What is the true meaning of equality, and why do attitudes need to change towards both men’s and women’s roles in order to achieve it?

Follow Anne-Marie Slaughter on Twitter: @slaughterAM

You can also find out more about her work at:

http://www.randomhousebooks.com/authors/anne-marie-slaughter/ and

https://www.newamerica.org/

You don’t need to be an American to trade in U.S. securities. Find out how to invest in one of the most popular investment tools, Exchange Traded Funds (ETFs), even when you don’t live in America. Learn why ETFs are such popular investments, and how they may improve your portfolio’s return. Listen for the link to a video that will tell you if you need a money manager to handle your ETFs.

If you want to improve the way you handle your financial life, listen to the discussion with Marshall Goldsmith, author of Triggers: Creating Behavior that Lasts.He gives actionable tips that are easy to implement in order to improve your finances, and life in general. He even shares the details of the single most important phone call he has… every day!

Follow Marshall Goldsmith at www.marshallgoldsmith.com. You can also email him for more information about his work at [email protected]

Do you know the implications of moving your money from one country to another? The San Bernardino terror attack had serious repercussions on the world banking system. Learn which measures to take to keep your money out of the hands of terrorists. Does having a U.S. brokerage account protect against money laundering and keep your personal information safe?

Steve Lohr, Pulitzer Prize winning journalist, editor, and author of Data-ism, weighs in on preventing money and personal data from falling into the wrong hands. He discusses information technology and data around the world. Data-gathering has many positive purposes, but it also has a dark side. How does data-gathering violate your personal privacy? Are banks doing enough to prevent money laundering?

Follow Steve Lohr and his work on the technology blog at The New York Times and on Twitter at @SteveLohr.

Retirement planning isn’t only about accumulating enough assets.

One of the secrets of financial success is developing good money habits. You can improve your financial habits by following the three T’s. Tune in to find out what these are.

Preparing for retirement isn’t only about money. Doug speaks with Stan Hinden, retired Washington Post financial writer and author of How to Retire Happy: The 12 Most Important Decisions You Must Make Before You Retire, talks about how the most important things to do to prepare for an enjoyable retirement.

• What are the two lists you should make when you retire?
• What happens if you don’t save enough money during your working years?

Listen now to find out the answers to these questions.

“Save for Retirement” is a common mantra among financial professionals, but what are the specific strategies you should use?

What is the secret of successful long-term saving and how can you make sure to stick to your goals?

Don’t miss Doug’s top tips, as he explains the best way to save for retirement.

• Why is it so important to automate your savings?
• How do you know what you will need when you retire?
• Should you follow the movements of the markets?

The beginning of the new fiscal year is a great time to review your financial plan, and update as necessary.

If you have any financial questions that you would like discussed on the show, send them to: [email protected].