Best Douglas Goldstein | CFP® | Profile Investment Services Podcasts (2024)

1
Living Abroad Doesn't Mean Tax-Free! U.S. Expat Tax Rules 18:05

19h ago18:05

18:05

Understanding U.S. tax obligations is crucial for expats to avoid severe penalties and maintain compliance with the IRS. Allen Pfeister, a U.S. tax expert, explains the complexities of tax filing requirements for Americans living abroad, emphasizing that citizenship status mandates continuous tax reporting, regardless of residence. Allen discusses …

1
How to Boost Your Retirement Income with Dividend ETFs 10:37

8d ago10:37

10:37

Are you worried about having enough income in retirement? This episode dives into how dividend-paying ETFs can boost your monthly income in retirement. You’ll learn the basics of ETFs, discover how they generate a periodic income stream through dividends, and how to incorporate them into your investment portfolio. We also explore alternative option…

1
How to Overcome your fear of Investments Today 11:37

16d ago11:37

11:37

Fear can paralyze you from making crucial financial decisions. This episode of The Goldstein On Gelt Show offers practical steps to overcome that fear and take control of your investments. Learn how to transform financial anxiety into confidence, set clear financial goals, and take manageable steps towards achieving them. Some key takeaways: Set Cl…

1
How to Invest in U.S. CDs Without an American Bank 11:12

23d ago11:12

11:12

Discover how Certificates of Deposit (CDs) can offer stable and predictable investment opportunities, especially valuable for expatriates managing their finances from abroad. In this episode, Douglas Goldstein delves into the advantages of purchasing CDs through U.S. brokerage accounts, focusing on benefits for those living overseas, such as in Isr…

1
Securing Finances for a Long Life 9:45

1M ago9:45

9:45

As we look towards retirement, the prospect of a long, fulfilling life is both a blessing and a challenge. With life expectancies on the rise, the crucial question we face is not just about living longer but ensuring our retirement funds do the same. This concern, widely known as longevity risk, is becoming a central theme in modern retirement stra…

1
Managing U.S. IRAs and Roth Conversions for Expats 15:02

1M ago15:02

15:02

Ever wondered about the best time to switch from a traditional IRA to a Roth IRA? Or what are the advantages of having a Roth IRA during a market dip? Or how an inherited IRA works if you’re living overseas? Join host Douglas Goldstein to discover: 🔍 What’s a Roth Conversion? 📉 Learn how a market downturn could be the perfect timing for a strategic…

1
Receiving an Unexpected Inheritance in Retirement 9:58

1M ago9:58

9:58

1
Avoiding Costly Mistakes: Planning for U.S. Estate Tax When Married to Non-Americans 11:15

2M ago11:15

11:15

Are you married to a non-US citizen? Make sure to protect your wealth! Estate taxes can cost you millions if you don’t plan carefully. What can you do about it? Give lots of gifts when you’re alive! Discover how gifting to your spouse and children during your lifetime can help mitigate estate tax burdens Learn about the benefits of setting up a QDO…

1
Managing U.S. Pension and IRA Plans from Israel 10:33

2M ago10:33

10:33

Managing U.S. pension plans and IRAs from abroad can be challenging. Difficulties with pension companies and tax consequences can be tough. Discover the pros and cons of moving your pension plan into a U.S.-based IRA account, and how to effectively manage your portfolio. Here are some key takeaways: Evaluate your pension plan and consider the optio…

1
Financial Planning for Illness and Death 11:34

2M ago11:34

11:34

Financial planning is always important, but it’s especially crucial when health issues arise. A well-built plan allows you and your family to focus on health and family connections, without worrying about the day-after. How can you make sure you are setting yourself up for a smooth transition of wealth to your family? Tune in and learn about the nu…

1
The Stress-Free Investment Method 10:58

3M ago10:58

10:58

Are You Overlooking the Importance of a Financial Plan? When was the first time you spoke with a financial planner? Let me tell you about a retired couple who I met who had never spoken to a financial planner before. The couple's lack of understanding about the role of a financial planner and the way their investment portfolio was built, highlighte…

1
How to Overcome Family Pressure in Investing 9:42

3M ago9:42

9:42

Family pressure can be overwhelming when it comes to finances. Learn how to handle those pressures correctly, allowing you to build a financial portfolio that suits you perfectly. Here are some key points discussed in the show: 1. Understand your investments: If you find yourself investing in products you don’t fully understand, seek advice from a …

1
When Real Estate Investments Turn Sour 7:49

3M ago7:49

7:49

Are you considering investing in real estate? Or perhaps you already have real estate investments in your portfolio? If so, it's crucial to understand the potential risks and challenges that can arise. The following stories of two individuals who encountered unexpected scenarios with their real estate investments provide valuable insights and lesso…

1
How to Invest for Growth 12:54

4M ago12:54

12:54

1
Getting Ready Financially for Divorce 10:21

4M ago10:21

10:21

Tips for Managing Your Finances During Divorce for a Smooth Transition Divorce can be a daunting and emotional journey, one that is fraught with legal, emotional, and financial challenges. In this post, we'll explore key takeaways Douglas Goldstein discussed on The Goldstein on Gelt Show and delve deeper into essential financial considerations when…

1
6 Strategies for Happier Investment Decisions 21:46

4M ago21:46

21:46

Behavioral finance is a critical area that merges psychology with finance to understand why people make irrational financial decisions. It’s important to note that people’s emotions, cognitive errors, and biases often drive these decisions, leading to poor investment choices. Being happy while dealing with investments is crucial. Let’s examine some…

1
Moving to Israel in Retirement: Financial Planning and Practical Tips for Olim 13:22

4M ago13:22

13:22

Doug delves into the topic of retirement planning and financial considerations for Americans moving to Israel. He shares insights on the practical aspects of living in Israel and the financial implications of the move. Retirement is often depicted as a time of relaxation, but as Doug reveals, many retirees find themselves busier than ever, having t…

1
Understanding RMDs: A Simple Explanation 9:31

5M ago9:31

9:31

Are you approaching the age of 73 or have inherited an IRA account? If so, understanding Required Minimum Distributions (RMDs) from IRAs is crucial. In a recent episode of The Goldstein On Gelt Show, Douglas Goldstein discussed RMDs in detail and answered a listener letter regarding RMDs for inherited IRAs. Here's a summary of the key points to hel…

1
The Journey to Expatriation 16:16

5M ago16:16

16:16

In "The Journey to Expatriation," we delve into the complex world of expatriation, featuring the real-life journey of a couple navigating the process of giving up U.S. citizenship. Join Doug as he uncovers the emotional, legal, and financial considerations behind this significant decision. Discover how this life-altering choice impacts estate plann…

1
Don't be a DIYer: U.S. Cross-Border Investments in Israel 9:45

5M ago9:45

9:45

Taking Control of Your Finances or Partnering Up With Experts? A Critical Decision for U.S. Expats Living in Israel! Are you a DIY investor? Curious about the benefits of working with a financial advisor? Join Doug as he discusses the pros and cons of managing your own portfolio versus seeking professional guidance. Discover the importance of exper…

1
Tax Planning Tips for Americans Living in Israel | Reduce Tax Liabilities and Maximize Savings! 17:56

5M ago17:56

17:56

Yosefa Uber, an expert accountant specializing in American taxes for residents of Israel, sits down with Doug to go over: Qualified Charitable Distributions (QCDs) allow you to donate money from your IRA directly to charity tax-free instead of taking required minimum distributions To qualify, the money must go directly from your IRA to the 501(c)(3…

1
Being a Good Steward of Family Wealth 6:52

5M ago6:52

6:52

Doug discusses what it means to be a good steward of family wealth and how to pass on your financial legacy to future generations. He provides advice for teaching children financial responsibility from a young age and bringing adult children into important financial discussions. Key points: The importance of passing on not just money, but also fina…

1
Are You in Danger of Getting Dropped by Your U.S. Investment Advisor? 6:27

6M ago6:27

6:27

Are you an American living abroad, specifically in Israel, facing difficulties with US brokerage firms terminating your accounts? Join Doug Goldstein, licensed in both the US and Israel, as he sheds light on this ongoing issue and provides expert advice. Discover why compliance with international regulations poses challenges for these firms, leadin…

1
One Common Myth About Receiving a Cross-Border U.S. Inheritance While Living in Israel 7:12

6M ago7:12

7:12

Doug discusses the myth that it is illegal for people who move to Israel or inherit money from the U.S. to keep their investments in American accounts. He explains why this myth exists and how it can actually be beneficial to maintain U.S. investments after making Aliyah or receiving an inheritance. A few key points: It is absolutely legal for Isra…

1
Year End Financial Planning Tips 5:40

6M ago5:40

5:40

Financial advisors and investment professionals, As we bid goodbye to 2023, let's take a moment to reflect on the state of our portfolios and plan for the new financial year. 📌 Year-End Portfolio Snapshot Understanding the precise value of your portfolios is essential. An approximate ballpark isn't adequate. Need clarity? Look it up. Update any imp…

1
How to Play Nice with the IRS When Transferring Money Overseas 12:50

7M ago12:50

12:50

Living in Israel with U.S. investment accounts? Be careful when transferring money overseas! In this insightful recording, Doug Goldstein, CFP®, GFP®, founder of Profile Investment Services, Ltd., unveils essential tips and best practices for successful cross-border investing. From working with reputable financial institutions to maintaining meticu…

1
Managing Sequence of Returns Risk 9:51

7M ago9:51

9:51

In the world of investing, it's not just about the highs but managing the lows, especially when approaching retirement. Here's why discussing sequence of returns risk is crucial: - 📉 **Volatility Management**: Buying high and selling low is a surefire path to investment failure. It’s important to understand the importance of timing in the withdrawa…

1
Investing with Purpose: Understanding the ‘Why’ for Financial Success 12:04

7M ago12:04

12:04

The biggest mistake many investors make is focusing solely on returns without considering why they are investing in the first place. In this insightful recording, Doug shares valuable insights on the importance of understanding the ‘why’ behind your investments. By identifying your financial goals and motivations, you can align your investment stra…

1
Don’t Get Undercut by Sequence of Returns Risk in Retirement 7:15

8M ago7:15

7:15

In this insightful recording, Doug sheds light on the critical concept of ‘Sequence of Returns Risk’ and its impact on retirement planning. Discover why timing is everything when it comes to investment returns, especially during the crucial early years of retirement. Doug provides expert advice on diversifying your portfolio and shares valuable tip…

1
Shabbat Everyday 16:15

8M ago16:15

16:15

Doug Goldstein is diving into a topic that has been bothering him lately—unrealistic expectations in financial goals. Instead of focusing on sound investment strategies and long-term planning, people are consumed by the desire for quick and massive returns. But is that really the right approach? In this episode, Doug delves into why setting realist…

1
Access Your Money: Lessons from a Five-Year Inheritance Battle 14:53

8M ago14:53

14:53

How can a lack of estate planning and clear instructions regarding asset distribution lead to family disputes and disagreements? Welcome to another episode of The Goldstein On Gelt Show, where we delve into the world of finance, estate planning, and everything in between. In today's episode, titled "Access Your Money: Lessons from a 5-Year Inherita…

1
Why Working with a Cross-Border Advisor is Crucial for Olim with US Investments 14:25

8M ago14:25

14:25

What are some specific challenges that Americans living in Israel face when it comes to managing their US investments? How can a cross-border investment advisor assist in addressing these challenges? Doug addresses the importance of understanding what your advisor truly understands about you when it comes to your finances: Why, as a cross-border fi…

1
Over-Concentration: The Silent Threat to Your Retirement Portfolio 10:51

9M ago10:51

10:51

How do you think Bill Gates' financial advisor would have advised him regarding the concentration of his wealth in Microsoft stock? Welcome to another episode of The Goldstein On Gelt Show with your host, Douglas Goldstein. In this episode, Doug dives into the topic of over-concentration in investment portfolios. He discusses: The risks and little …

1
Vacation is a Value Decision 9:32

9M ago9:32

9:32

When you choose to go on vacation, you're prioritizing experiences over money in the bank or investments. It's a value decision. But that doesn't mean you shouldn’t invest in experiences with your family or put all your money in the stock market! Let's talk specific goals and why you should always start with why. Join host Douglas Goldstein as he s…

1
It’s All Decided on Rosh Hashana 10:17

10M ago10:17

10:17

In what ways does Rosh Hashana impact our financial situations for the coming year? Doug explores the connection between Rosh Hashana and your financial future. Discover how the decisions made on this auspicious day can impact your investments and money matters for the entire year. You’ll uncover the fascinating concept of predetermined finances an…

1
5 Tips for Business Management 12:29

10M ago12:29

12:29

Are you an entrepreneur looking to run a thriving business in Israel? 🇮🇱 Then you don’t want to miss this episode of The Goldstein On Gelt Show with host Douglas Goldstein. In this episode, Doug shares his top 5 tips for business management in Israel that will take your company to the next level. From the importance of networking and building conne…

1
Why You Need an American CPA Even if You Live in Israel 22:07

10M ago22:07

22:07

Americans living abroad still need to pay U.S. taxes, so if you are an oleh, it might be a good idea to find an American CPA in Israel. Why would an American CPA in Israel be better than hiring an American CPA who sits in America? Yosefa Huber, an American CPA in Israel answers this very question. She helps American citizens living in Israel stay c…

1
What You Need to Do After You Inherit an IRA 15:00

11M ago15:00

15:00

1
Why You Should Care About the Global Economy 18:11

12M ago18:11

18:11

1
Can You Predict a Stock Market Bubble? 20:57

12M ago20:57

20:57

1
Do Shareholders Have a Voice in the Company? 23:04

1y ago23:04

23:04

1
The Optimism of a Millennial Economy 23:56

1y ago23:56

23:56

1
What is in Your “Very Safe” portfolio? 8:01

1y ago8:01

8:01

If you are like many of my clients, you might not want to take too many risks with investing your money. If you want a “very safe” portfolio, what does this actually look like? Recently, I spoke with a woman who thought she had a “very safe” portfolio… I was shocked to review her statement and saw she was heavily invested in stocks. Typically, inve…

1
Financial Time Travel: How Your “Future Self” Can Help You Make Better Financial Decisions Today 20:56

1y ago20:56

20:56

1
Why Anti-Money-Laundering Rules are Making International Investing Harder 22:33

1y ago22:33

22:33

Anti-money-laundering rules have become stricter since 9/11, in order to stop terrorism at the financial level. How does AML (anti-money-laundering) legislation affect international investors? David Kuenzi, a certified financial planner with Thun Financial, explains why AML legislation has made opening an American brokerage account from overseas di…

1
How to Start Financial Communication 14:58

1y ago14:58

14:58

How can couples have better financial communication? Doug defines six ways spouses can keep the lines of communication open. Whether it is discussing money in a certain way or scheduling a meeting with your spouse, Doug’s free resource How to Talk to Your Spouse When You’re Careful with Money and He’s a Spender will keep all of your financial conve…

1
How Millennials Can Get a Grip on Their Finances 23:28

1y ago23:28

23:28

Why are many millennials broke? Is there negative cash flow due to circumstances beyond their control or poor money management? Erin Lowry ,author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together, is an American expatriate with an unusual financial perspective. Erin’s international experience made her view the millennial g…

1
How Stock Pickers Research Stocks 21:20

1+ y ago21:20

21:20

1
Does Debt Actually Have Value? 22:54

1+ y ago22:54

22:54

1
How to Use Leverage to Increase Your Portfolio Returns 17:18

1+ y ago17:18

17:18

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…

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Douglas Goldstein | CFP® | Profile Investment Services Podcasts

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