Professional stock researchers can serve as stock pickers for investors who don’t know where to start. Is it better to pick your own stocks or to use a professional stock picker? Tao Wang, a portfolio manager for Alpha Architect, explains how to begin researching stocks. He outlines the differences between value, growth, and momentum stocks. He also emphasizes the importance of having multiple qualifiers when choosing a stock. If you are lost on how to start to build your portfolio, listen to to...
Mar 23, 2023•21 min
Conventional wisdom says that if you want to be in good financial standing, you need to be debt free. However, is all debt bad? If you take into consideration tax breaks and liquidity, can debt be considered financially sound? Tom Anderson, CEO of Supernova Companies and author of The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth , shares his financial philosophy which revolves around balance. Tom argues that debt may have long-term financial gain because debt giv...
Mar 09, 2023•23 min
Want to increase the potential profit on your investment portfolio? What would happen if you could use disproportionate strength to increase your portfolio’s profits? Then you would be using a strategy called “leverage” or “margin.” In today’s show, Doug, and his son Efraim, talk about the pros and cons of investing using a leveraged strategy. When an investor decides to invest on margin, he is actually borrowing money from his broker in order to have a larger sum of money to invest. That way, i...
Feb 23, 2023•17 min
People hate talking about debt, disability, death, and divorce. And that’s exactly why we need to have a discussion about these four topics. In today’s show, Doug and his son, Efraim, discuss these difficult subjects. Debt When people acquire a large debt, and then suddenly get a large sum of money (inheritance or a raise), should they invest the money or pay off their debt? Listen to learn why paying off all your “bad” debt may be a better move than investing in the stock market.. Disability Is...
Feb 09, 2023•13 min
Investing is more than just throwing money in the stock market. If everyone’s goal was to grow their portfolio, then shouldn’t everyone do the same thing? In this week’s show, Doug and his son Efraim, go through the 6-step checklist that every investor needs to use. Listen to understand why it’s so important to have a goals that match your values and beliefs before you put money in the market. The 6-Step Checklist to Investing √ Set goals for you and your family √ Get the facts about all your ho...
Jan 26, 2023•17 min
There’s lots of talk about how alternative energy sources are good for the environment, but how does green energy affect the financial markets? Listen to Doug’s discussion with Arie Addi, the tech lead at Mada Analytics , an Israeli startup, supporting alternative energy solutions using a Machine Learning approach. Discover how green energy and fossil fuels have a growing influence on financial markets. If you want to invest in renewable energy, what is the best way? Should you invest in ETFs or...
Jan 12, 2023•20 min
Nearly everyone has heard of stocks and bonds, but sometimes investors feel that they could profit more from alternative investments. This week Doug chats with Stefan von Imhof, co-founder of Alts.co , about alternative investments. Stefan believes that alternative investments are a powerful way to grow your money, compared to other investment classes. Learn about active quick flips, passive buy & holds, and cashflow-producing assets. Listen to the show to learn about investments that are on...
Dec 22, 2022•20 min
Doug discusses his recent meeting with someone who received an inheritance. Not only did the guy receive significant funds, but the inheritance included financial disorganization. The father’s investments were scattered in different companies, private equities, and over 20 physical stock certificates. His investment portfolio was not only big, but a big mess! Both generations’ disorganization caused the inheritor to lose huge sums of money. Listen to find out the 5 things you must do to keep tra...
Dec 15, 2022•10 min
Listen to this important episode where I discuss the best way for busy investors (like you) to track the markets. Focus on five critical points that need your attention: Focus on interest rates and inflation Review market trends Examine your specific investments Turn to your advisors Review your overall plan Look at how great investors are managing their money in good and bad market by tuning into this episode. These can be the most important few minutes of your day. For more information, visit ...
Dec 01, 2022•11 min
Major American brokerage firms are closing accounts of clients who don’t have U.S. addresses. They are also closing accounts of clients who use American addresses but don’t live stateside. If you’re like many of the people who’ve recently called my office, you’re probably curious how the firm knew there’s a discrepancy on the account address and where you actually lives? Your IP address (the computer address where you login to access your accounts) may be giving you away. Before bending over bac...
Nov 23, 2022•13 min
If there was a market crash what would happen with your investments? Doug discusses the emotional turmoil and the possibility of real monetary loss in the event of a market crash. Some investors just can’t take the uncertainty of the stock market. But since market crashes are a likelihood that must be taken into, if you can’t tolerate risk, consider more conservative investments. For those who can’t imagine weathering a market crash, Doug suggests some safer options for investing your money. Sto...
Oct 20, 2022•23 min
Do your spending habits and investments align with your values? In other words, what do want your money to do for you? Do your habits, practices, and investments reflect that? Sarah Li-Cain, a financial storyteller for High Fiving Dollars explains the importance of knowing what you value as an investor. Sarah and Doug discuss how to identify your values and how to be mindful about what you do with your money. If your spending habits and investments don’t help you meet your goals, then a realignm...
Oct 06, 2022•22 min
Emotions are important part of being human, but leave them out of your financial decisions! Behavioral finance expert, and The New York Times best-selling author Dr. Daniel Crosby explains four issues that can derail your financial decisions. Instead of making decisions based on feelings and instinct, learn how to implement a more reliable system. Should you turn your behavior on its head and integrate the good, bad and ugly of emotional bias in your decision making? Do investors fail because th...
Sep 22, 2022•24 min
What happens when your financial planning backfires or doesn’t account for the worst-case scenario? Harold Evensky is a Certified Financial Planner ® who has some evergreen advice for investors. Harold meets with many investors who share the trait of being overconfident in their financial decisions. He explains how a financial planner, like himself, can help them see the big picture. Today’s guest is Harold Evensky, a Certified Financial Planner ®. He explains how he helps clients prepare for th...
Sep 08, 2022•22 min
Good communication skills can not only bring a couple closer together, but can also improve their finances! A conversation is a two-way street. It is OK if you don’t see eye to eye with your spouse. Talk, explain your position to your spouse. And then stop… and listen to what your spouse says. There are two things which can directly impact your family’s financial success: 1. Good communication skills 2. A working budget Listen to this podcast for more specific tips in how good communication skil...
Aug 25, 2022•11 min
Even though now isn’t the first time the stock market has fallen by more than 20%, this newest wave of volatility has panicked many investors. There are two common reactions investors have when the market falls: liquidating portfolios (to prevent further losses) or buying more (to maximize potential gains). Can you guess which type of call I’ve received more in recent weeks? While historically stocks have provided greater returns than bonds, there are three times you probably shouldn’t buy stock...
Aug 11, 2022•15 min
Bond funds are dropping, and at the other end of the financial seesaw, interest rates are rising. Listen to this podcast to understand the relationship between interest rates and bonds (and bond funds). Basically, a bond is a loan you make to a company/government: You lend money and they promise to pay it back to you plus an agreed upon interest rate. However, after buying the bond, life, the economy, and interest rates might change, and these changes often change the value of your bond holdings...
Jul 28, 2022•14 min
Traditional investing focuses on individual funds, bonds, and stocks. Top-down investing is actually based on a market overview. But, how does an investor know a trend when they see one? Callum Thomas is the founder and head of research for Topdown Charts, a company specializing in macroeconomic studies. Callum defines top-down investing and explains how data is the most important tool for a top-down investor. He talks about how geopolitical events, could affect data. If you like to stick to the...
Jul 21, 2022•20 min
Every investor needs an investment strategy, and there are many good strategies an investor can consider. Do you know your options and what each investment strategy can offer you? Tune in to learn more about the most common choices. Colleen Jaconetti is a certified financial planner and senior investment analyst with Vanguard Investment Strategy Group. She lays out the most popular investment strategies that investors use in everyday investments. She focuses particularly on the “Dynamic Retireme...
Jul 14, 2022•25 min
Who is managing your money? Who is giving you financial advice? How do you know you’re asking for advice from the right source? Any financial advice you receive should be customized and personalized to meet your current financial situation. The free resource Is The Right Company Managing Your Money explains how all of your investments should be reviewed and by who. Download the free resource: Is The Right Company Managing Your Money? Recently received an inheritance in the United States? Have yo...
Jul 07, 2022•15 min
Just because stocks are tumbling doesn’t necessarily mean that all is lost. Sophisticated investors know how to use a down market to up their portfolio. Listen to the podcast to learn three ways that you can benefit from a falling market. 1. Pretend you’re a farmer and harvest! Tax loss harvesting means selling stocks at a loss and matching that loss against capital gains to minimize capital gain taxes. No one likes to pay taxes, and no one likes stocks to lose value, but tax loss harvesting man...
Jun 30, 2022•9 min
The funny thing about writing a will is you invest time and effort in its creation, and yet you never benefit from it. If you want to make life easier for your heirs, it is an important document to prepare… correctly. While you work with your lawyer to write a will, keep in mind that at the end of the day, it needs to “work.” By “work” I mean that it needs to make sure that distributing your assets to your heirs goes smoothly and it won’t be challenged by a potential inheritor. I’m not a lawyer,...
Jun 23, 2022•11 min
Can money buy happiness? In this week’s show, Doug and his son, Efraim, discuss spending habits, and if people generally make good choices. Imagine hearing a financial planner tell you that it’s important to spend the money that you have in order to make you happy. Remember the famous dilemma: should you buy a cup of coffee every day, or should you save those few dollars and invest them so you can buy something bigger in the future? What will make you happier? People who have more money, aren’t ...
Jun 16, 2022•10 min
Congratulations!! You just had a child! How can you ensure that they will be financially secure throughout their life? Today, Doug speaks with Efraim, who is preparing to be a young father, about tips and tricks for the best way to financially prepare for a growing family, and how to educate young children about money, so you can best raise financially savvy kids As parents, we want the best for our kids, but it’s important to remember that a parent is not obligated to hand over $1M to their chi...
Jun 09, 2022•17 min
Everyone talks about the stock market, so you may ask yourself, “Should I buy stocks?” Historically, investing in stocks has been a great way to build wealth. But how do you know how much you should pay for a stock? If the price is always changing, how do you know you’re getting a good deal? It all boils down to the main question: Why should someone even buy a stock at 90 or more times earning? When trying to evaluate a stock, there are many factors to consider. Perhaps the most important point ...
Jun 02, 2022•14 min
Does the price of a stock really matter? Many people look at the price of a share before deciding whether to buy that particular stock. Should you follow your instinct and consider the price of a stock before deciding whether to buy it or not? When buying a stock one of the factors that one needs to take into consideration is the PE ratio, the price per-earnings ratio of the company. The PE ratio is the calculation of how much a company earns divided by the price of the company. Listen to today’...
May 26, 2022•14 min
Periods of high inflation are tricky for investors because people don’t know how much their dollars will be worth in the future. Today, Doug talks about the two main myths about how to invest when inflation is high: Buying gold – Some people believe that the price of gold goes up during periods of high inflation. But that’s not always true. Buying real estate - Some people think that in times of high inflation it is a good idea to invest in real estate. Doug explains why it is important to be ca...
May 19, 2022•11 min
If you open an account with Profile Investment Services, Ltd. how does it work and who holds your money? It takes a team to manage your investments, and getting to know the different players and the positions they play is important. Listen to this podcast to learn exactly who does what, and how your investment account works. For Profile clients, no matter what their concern, my wonderful team and I are the first point of contact for any investment related concern. Learn how we work with Portfoli...
May 12, 2022•9 min
Do you look at the news and think that the world is in crisis? How should you invest when things are looking tough around you? First, it is essential to break down your goals into short-, medium- and long-term investments. It is important to understand that short term investments should be held in a less risky portfolio, and the longer-term goals can be exposed to a riskier portfolio. A way to use a crisis to your advantage may be by trying to figure out what are the “bigger” costs to the crisis...
Apr 07, 2022•16 min
When should you let go of financial responsibility? When is it time to delegate some of financial responsibility to your spouse, children, or someone else close? The specific financial responsibilities to be delegated depend on your specific situation. Often they include, giving someone power of attorney, check writing ability, and/or trading authority. Letting go of financial responsibility is a process. The free resource When is the Best Time to Let Go of Financial Responsibility was made for ...
Mar 31, 2022•15 min
