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...
Dec 22, 2016•37 min
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 Depa...
Dec 30, 2015•30 min
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 Goldsmi...
Dec 27, 2015•25 min
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 i...
Dec 23, 2015•26 min
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 thin...
Dec 20, 2015•23 min
“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 grea...
Dec 16, 2015•18 min
Did you give (or get) a gift recently? If you give a sizeable financial gift, who pays the tax? The donor or the recipient? What are gift exclusions and how do they relate to couples? In today’s Goldstein On Gelt interview, Doug speaks with futurist Martin Ford, New York Times best-selling author of Rise of the Robots: Technology and the Threat of a Jobless Future . Martin questions whether the rise of automation and increase use of robots means we need to fear for job security as well as econom...
Dec 09, 2015•27 min
What are the most common questions that investors ask? Doug created a series of 12 short videos with the answers to the questions he is most frequently asked.. Watch the videos at www.profile-financial.com/faq-video . Today, Doug helps you with your financial paperwork, and lets you know what papers you really need to keep. In today’s interview Roger Lowenstein, author of America’s Bank: The Epic Struggle to Create the Federal Reserve , explains why the Federal Reserve was created and suggests w...
Dec 02, 2015•26 min
Is the bank really the best place for your money? And what are the best financial habits that you should try to adopt? Doug shares tips to implement financial habits such: When is taking money out of the bank an important financial move? What's the difference between a mutual fund and an ETF? Today’s guest, Aviad Goz, representative of Franklin Covey in Israel, specializes in the Seven Habits of Highly Successful People , written by the late Steven Covey. Aviad talks about taking personal respon...
Nov 29, 2015•25 min
Nov 23, 2015•15 min
The most common retirement planning mistakes are made by pre-retirees. These include: Overspending Underspending Social security mistakes Doug explains common mishaps people make and offers suggestions on how to avoid them. Today’s interview with Professor Laurence Kotlikoff of the Economics Department at Boston University, author of Get What's Yours: The Secrets to Maxing Out Your Social Security , discusses the changes in Social Security rules, including changes in claiming spousal benefits. P...
Nov 22, 2015•21 min
In today’s show, Doug answers a commonly asked question: Should people entering a second marriage combine their assets? Doug explains the pros and cons of setting up joint accounts with a new spouse, and lists five important factors to consider when making this decision: Prenuptial agreements Financial privacy (separate doesn’t mean hidden) Compromise Account beneficiaries Finding a happy medium For more information on this subject, read the following: http://finance.yahoo.com/news/5-mistakes-pe...
Nov 18, 2015•25 min
On today’s show, Doug explains an important fact that everyone who has an IRA should know about bequeathing it to the next generation. Find out what a "stretch IRA" is and how it can save taxes for many generations! For a clear definition of a stretch IRA, see: http://www.investopedia.com/terms/s/stretch-ira.asp Today, we meet programmer Jeff Kaufman. Jeff and his wife Julia are an amazing example of how regular people can have a huge impact on the world. Jeff explains how he and Julia donate ha...
Nov 15, 2015•22 min
True story: someone had an IRA with a big U.S. brokerage firm, but he lived overseas. Recently, the firm told him that they would stop servicing his account and that he had to transfer his assets out. What should he do? What is the easiest way to transfer an IRA from one brokerage firm to the next? In today's episode of The Goldstein On Gelt Show , Doug explains what you should do if this happens to you. Doug also explains why you should care if your money guy is a "financial advisor" or a "mone...
Nov 11, 2015•19 min
Today, Doug returns to the theme of the habits of wealthy people. Adopt these habits of financially successful people for yourself: Pay your bills as soon as you get them Read personal finance books. Start by saving – pay yourself first. Set limits on purchases Today’s interview explores how adding the human touch and a little fun to government policy and individual investing produces results. Dr. David Halpern, creator of the British government’s “Nudge Unit” explains how governments can use be...
Nov 08, 2015•26 min
On today’s show, Doug talks about good financial habits. The habits of wealthy and successful people include: Automate savings Control impulse spending Track expenses Take advantage of tax-deferred growth and compound interest Maintain an emergency fund Eliminate and avoid debt When you set up good habits, use the sequence of the three Ts: Target, Trigger, Treat. Today’s guest takes the theme of good financial habits a little further. Dr. Ben Tiggelaar, author of Dream, Dare, Do , talks about ef...
Nov 04, 2015•25 min
What should you do if your U.S. brokerage firm tells you that they don’t want you as a client anymore? Doug explains why this might happen, and why you should see this as an opportunity instead of a problem. He also directs you to his popular 10-minute video, "U.S. Brokerage Accounts for Non U.S. Residents," which thousands of people have watched. Watch it here: http://profile-financial.com/videos/us-brokerage-accounts In today’s interview, Robert K. Weiss, vice chairman and president of XPRIZE,...
Oct 29, 2015•23 min
Today, investing and banking are processed electronically. What really happens to your money when you invest? Doug answers this question by revealing the differences between banks and brokerage firms and how each one uses and views your money. In today’s interview, Milton Kotler, president of the Kotler marketing group and co-author of Winning Global Markets: How Businesses Invest and Prosper in the World’s High Growth Cities , talks about his company and why he decided to invest in China. Why d...
Oct 25, 2015•26 min
Professor Irwin Horwitz of Texas A&M University returns to The Goldstein on Gelt Show to share his thoughts on the American education system. How will the decline in standards ultimately affect the economy? Are we focusing on the right things in education? Why is it important to stand up for your beliefs and how can you do so in a hostile environment? Doug spoke about: How to get things done Clear your mind How to become better investor Budget, Pay your bills as soon as get them, create a fi...
Oct 21, 2015•29 min
Andy Andrews, best-selling author of The Butterfly Effect and The Traveler’s Gift , returns to the Goldstein On Gelt Show to discuss: What should you do when you think you have run out of ideas or solutions? How reading biographies and autobiographies can turn your own life around What is the Butterfly Effect, and how does it help you to become a successful parent? Visit Andy’s website, www.AndyAndrews.com to access his free four-part video series on parenting. You can also follow him on Faceboo...
Oct 18, 2015•27 min
Rex Sinquefield explains how and why he developed this investment tool. He also shares his thoughts on the importance of learning chess and why philanthropy is an integral part of personal finance. What are index funds? How should people invest their money for the long term? Why should schools teach chess? What is the best way to give charity? The Show-Me Institute RexSinquefield.com
Oct 14, 2015•29 min
Ami Gal, co-founder and CEO of SQream Technologies, discusses how his company’s technology analyzes data quickly and efficiently. Why is quality analysis critical for achieving good results? What data analysis models used in personal finance? Why do Israeli companies have the edge in creating useful high-tech tools? Follow Ami Gal and SQream at: www.SQream.com
Oct 11, 2015•23 min
Lisa Daftari, investigative journalist and expert on the Middle East and counterterrorism, discusses the U.S-Iran deal. Why are many people, including some of the Arab world, against the deal? Why is the West negotiating with the current Iranian regime when several American hostages are being held in Iran? What are the financial ramifications of the deal? Follow Lisa Daftari on: http://www.lisadaftari.com/...
Oct 07, 2015•25 min
Professor Dani Bercovich, head of the MSc program on biotechnology at Tel Chai College and scientific director of Galil Genetic Analysis, discusses new genetic tests that can assess your genetic risk of developing cancer. Find out if you should be tested, why it is important to know, and what can be done to lower the risks if a predisposition exists in your family. Which forms of cancer are covered by the tests? Does the government fund the testing? How does knowing possible medical risks affect...
Sep 21, 2015•28 min
Dr. Nicole Lipkin, business psychologist and bestselling author of What Keeps Leaders Up at Night , talks about the human psyche and how it can either work for you or against you. While the brain is a powerful instrument, beliefs and desires affect the way you process information. How does this impact the way you invest and make decisions? Why do “good” bosses sometimes turn “bad”? Why are some people “too busy to win,” and how can you prevent overload in your life? Follow Dr. Lipkin and her wor...
Sep 20, 2015•25 min
Michel Koopman, chief executive officer at getAbstract Inc., talks about his company. Discover how reading book abstracts helps people gain the information they need to be more successful in business. Discover the difference between reading a book abstract and reading the entire book? Hint… it’s not just a difference in time. Follow Michel and his work at: http://www.getabstract.com/en/ and on Twitter: @mkoopi...
Sep 09, 2015•23 min
Sep 06, 2015•11 min
Professor Dirk Philipsen of Duke University, author of The Little Big Number: How GDP came to rule the world and what to do about it, discusses how GDP became a universally used indicator of economic performance. • What is the “GDP,” and what is its significance to the economy? • How efficient is GDP as a measure of economic growth? • Is there a better, more objective tool for assessing prosperity? Follow Professor Philipsen’s work on: http://www.dirkphilipsen.com/...
Aug 30, 2015•25 min
try this a different way
Aug 26, 2015•7 sec
Democratic presidential candidate Doug Shreffler talks about his campaign, which follows the motto “as good as it gets.” What are the main issues that he would deal with, if elected, and what are his reasons for running for president? -How would Doug Shreffler deal with the U.S. National Debt? - What are his plans for overhauling the Social Security system? - What are his views on the Iran Deal? Follow Doug Shreffler at: http://www.dougshrefflerthenextpresident.com/...
Aug 26, 2015•23 min
