Goldstein on Gelt

Douglas Goldstein | CFP® | Profile Investment Services
  • 4.9 (30)
  • Investing
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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, CFP® hosts the weekly show, which can also be heard at https://goldsteinongelt.com and is the director of Profile Investment Services, Ltd., https://profile-financial.com

  1. Jul 16

    What Happens to Your Accounts When You Can't Manage Them

    U.S. brokerage and IRA account access can become a serious problem for Americans living in Israel if the right legal documents are not in place. A will, shared password, or joint bank account may not give your family the authority to manage your finances during a medical emergency or period of incapacity. Cross-border financial planning should include clear account access, a durable financial power of attorney, healthcare decision-making documents, and coordination between U.S. and Israeli systems. When your family knows who is responsible, where the documents are kept, and which professionals to contact, they are better prepared to act quickly and avoid unnecessary conflict. Key Takeaways and Action Points Make sure someone you trust has legal authority to manage your accounts if you cannot. Do not assume a joint account, password, or will covers your full financial life. Coordinate your U.S. and Israeli documents if you have accounts in both countries. Tell your family where key documents are kept and who should be contacted first. Schedule your free introductory call to see if we're a good fit: https://profile-financial.com/call

  2. Jul 8

    The Smart Way to Invest a Lump Sum You Don't Need Yet

    Lump sum investing can feel like a smart next step when extra cash is sitting in a money market fund or savings account. But before choosing dividend stocks, bonds, growth funds, crypto, or any other investment, the real question is: What is this money for? A strong investment strategy starts with purpose, timeline, and risk, not with whatever investment is getting attention right now. When money doesn't have a clear goal, it's easy to build a portfolio around scattered ideas instead of a financial plan. Matching each pool of money to a realistic timeline can help you decide whether you need safety, income, long-term growth, or diversification. For Americans in Israel with U.S. brokerage and IRA accounts, that kind of goal-based investing can make it easier to avoid unnecessary risk, tax surprises, and trend-driven decisions. Key Takeaways and Action Points Start with the goal. Define what each pool of money is meant to support before choosing investments. Use your timeline to guide the strategy. Money needed soon should usually be handled differently from money meant for long-term growth. Don't chase income you don't need. Dividend strategies can be useful, but they should fit your actual cash-flow needs and tax situation. Avoid trend-driven investing. Diversification can help keep your portfolio aligned with your goals instead of the latest market headlines. Read the full blog post here: https://goldsteinongelt.com/investing-basics-strategies/smart-way-to-invest-a-lump-sum

  3. Jun 24

    The Financial Mistake Most People Make When They Think They Have Time

    Cross-border financial planning can become stressful when important tasks are delayed. U.S. brokerage accounts, IRA accounts, beneficiary designations, estate documents, and account transfers often take longer than expected, especially for Americans living in Israel. What feels like a routine financial task can quickly become a last-minute scramble when paperwork, firm response times, holidays, and professional coordination all collide. The best time to deal with financial decisions is before pressure builds. Starting early gives you time to review your options, ask questions, gather documents, and make more thoughtful choices. For cross-border investors, acting during calm periods can make the difference between a manageable process and a stressful deadline. Key takeaways and action points: Review any U.S. brokerage, IRA, estate, or beneficiary tasks you have been postponing Start early, especially when cross-border paperwork or financial institutions are involved Build extra time into your planning so delays do not become emergencies Take one concrete step this week instead of waiting for the perfect moment If you would like to review how your U.S. brokerage or IRA accounts fit into your life in Israel, schedule your free introductory call to see if we're a good fit: https://profile-financial.com/call

  4. Jun 10

    Inherited Bonds: What Americans in Israel Need to Know

    Inherited bonds for Americans in Israel can be confusing, especially when a U.S. brokerage statement includes municipal bonds, callable bonds, long maturity dates, and market values that are lower than expected. Understanding how bond prices, interest rates, face value, and maturity dates work can help investors review inherited holdings with more clarity. For Americans living in Israel with U.S. brokerage and IRA accounts, inherited bonds may need a fresh look. A bond may be considered "safe," but that does not automatically mean it is suitable for your tax situation, liquidity needs, retirement plan, or cross-border financial life. Municipal bonds, callable bonds, tax-loss harvesting, and concentration risk should all be reviewed as part of the bigger portfolio picture.  Key takeaways and action points: Review inherited bonds before assuming they still fit your financial plan Understand the difference between a bond being "safe" and a bond being suitable for your current life Check municipal bonds, callable bonds, maturity dates, and market values before making decisions Look at the whole portfolio for concentration risk, tax issues, and cross-border planning gaps Schedule a free introductory call to see if we're a good fit: https://profile-financial.com/call

  5. Jun 3

    What to Do When You Think the Market Is About to Drop

    Market volatility can make even experienced investors question whether they should sell, move to cash, or wait things out. When the stock market feels shaky, fear often pushes people toward fast decisions that may hurt long-term returns. This episode explains how to respond to market declines with a clearer investment strategy instead of emotional reactions. The discussion covers why market timing is so difficult, how portfolio adjustments can be made gradually, and why risk tolerance matters as much as market performance. It also explores how retirees and long-term investors can build a plan they can stick with during uncertain times. For Americans living in Israel with U.S. brokerage and IRA accounts, staying disciplined can be especially valuable when managing cross-border finances. Key takeaways: Learn why trying to predict market drops can backfire Understand how to reduce portfolio risk without drastic moves Review the role of cash reserves during volatile markets Build an investment strategy aligned with your risk tolerance If you live in Israel and need help managing U.S. brokerage or IRA accounts, schedule your free introductory call to see if we're a good fit: https://profile-financial.com/call

  6. May 6

    Inheritance Problems with U.S. Brokerage Accounts in Israel

    U.S. brokerage accounts in Israel don't always transfer the way people expect. Many investors rely on transfer-on-death (TOD) designations, assuming their assets will pass smoothly to heirs. In reality, cross-border rules, brokerage firm policies, and compliance requirements can interfere, leading to delays, restrictions, or unexpected complications at the time of inheritance. A more effective approach to cross-border estate planning focuses on coordinating U.S. brokerage accounts with structures that are recognized in both the United States and Israel. Understanding how inheritance, probate, and account ownership work together can help reduce friction and improve outcomes. With proper planning, investors can create a clearer, more reliable path for transferring assets to the next generation. Key takeaways: Transfer-on-death (TOD) designations may not work as expected for Americans living in Israel  U.S. brokerage firms can delay or restrict account transfers due to compliance rules  Cross-border estate planning requires alignment between U.S. and Israeli systems  Reviewing your account structure early can prevent complications later  Schedule your free introductory call to see if we are a fit: https://profile-financial.com/call

    Inheritance Problems with U.S. Brokerage Accounts in Israel

  7. Apr 29

    The Right Way to Plan Gifting in Retirement

    Gifting strategy, retirement planning, and cross-border finance all come into focus when retirees living in Israel begin giving from U.S. brokerage and IRA accounts without a clear plan. This episode breaks down how generosity, when not aligned with cash flow and portfolio sustainability, can create long-term financial pressure. It highlights the risks of relying on rough estimates instead of precise expense tracking, and why even large portfolios are not immune to market volatility, rising living costs, and currency fluctuations. A more structured approach to financial planning allows retirees to continue supporting family while protecting their own financial security. By focusing on cash flow clarity, stress-testing investment portfolios, and building flexibility into gifting plans, cross-border investors can avoid common mistakes and make decisions with greater confidence. The conversation centers on replacing uncertainty with clear data, helping retirees stay in control of both their lifestyle and their long-term goals. Key takeaways and action points: Understand your true monthly expenses before committing to any gifting strategy  Evaluate how market downturns and currency shifts could impact your financial plan  Build flexibility into your gifting approach to adapt to changing circumstances  Align generosity with long-term retirement planning, not short-term emotion Schedule a free introductory call to see if we're a good fit:  https://profile-financial.com/call

  8. Apr 15

    Your Spouse Handled the Investments. Now What?

    Inherited investment portfolio decisions can feel overwhelming, especially after losing a spouse or taking over investments you didn't choose. Many retirees managing U.S. brokerage or IRA accounts feel pressure to make everything "safe" by moving into bonds or cash. But decisions driven by fear rather than clarity can affect long-term retirement security. A better approach starts with understanding your income sources, time horizon, and the role the portfolio plays in your overall financial plan. Key takeaways and action points Understand the role your investment portfolio plays within your overall retirement income plan
 Evaluate risk tolerance based on your time horizon, not just current market fears
 Learn the basic structure and purpose of the investments you hold before making changes
 Review your investment strategy periodically rather than reacting to short-term market movements You can schedule a free introductory call to see if we are a good fit to work together at www.profile-financial.com/call.

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About

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, CFP® hosts the weekly show, which can also be heard at https://goldsteinongelt.com and is the director of Profile Investment Services, Ltd., https://profile-financial.com

Information

  • Creator
    Douglas Goldstein | CFP® | Profile Investment Services
  • Years Active
    2012 - 2026
  • Episodes
    622
  • Rating
    Clean
  • Copyright
    © Profile Investment Services Ltd
  • Show Website
    Goldstein on Gelt

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