Gain Perspective on Financial Planning. Investments. Your Future.

Is It Easier to Make Money or Lose Money?

How easy is it to make money to recoup a loss? Recently, I found myself in the Financial Advisor’s Twilight Zone when a client assured me, “It’s OK if I lose money. My investments are for the long term and I have time to recoup the losses.” Why was … [Read more...]

Should You Engage in Copycat Trading?

“Copycat trading” is when a regular trader copies the trades of more experienced and successful traders. It sounds simple enough: copying someone else’s trades makes trading easier for you as it eliminates the need for you to do your own research. If … [Read more...]

Gambling vs. Investing: Where Are You More Likely to Win?

Can you make more money gambling in a casino or investing in the stock market? Both investors and gamblers make decisions on where to place their money based on the likelihood of certain events happening. The probability of high gambling returns is … [Read more...]

Ask These Questions Before Choosing a Financial Advisor

When potential clients come in for an introductory meeting, I find that they frequently ask me the wrong questions. While my background and my firm’s corporate culture (“servicing our clients” is our priority) are important topics, details like … [Read more...]

Are Bonds “Safe” Even if They Drop in Value?

“Are bonds safe?” asked a fellow in a café who recognized me from the Friday paper. We then lamented having to pay 16 NIS instead of NIS 15 for our coffee. “Inflation,” I commented. Then he asked for advice about bonds: “If the central bank raises … [Read more...]

Do Market Timers Generate High Returns?

Can market timers outperform the market? One of the most watched bets in investment history just wound down. Ten years ago, billionaire stock investor Warren Buffett wagered that the S&P 500 Index would outperform five hedge funds over the next … [Read more...]

Is There a Difference between Growth and Value Stocks?

Investing in “value stocks” for long-term growth may be a wise model. You don’t just need “growth stocks” to grow your nest egg. The difference between value and growth stocks Long term, value investing has delivered higher returns than growth … [Read more...]

What is the Best Way to Teach Children Investing?

It’s never too early to teach children investing concepts. But do it the right way – not like this: “Boy, will my son be disappointed when he receives an Exchange Traded Fund (ETF) instead of video games for his Bar Mitzva,” a client told me … [Read more...]

“Over My Dead Body!” Use a Will or Trust to Help Avoid Battles over Your Estate

A will or trust is critical to protect your estate after your passing, and to make a smooth transition of wealth to your intended heirs. Take the story of Sarah: Her sister’s family lives in the Tel Aviv apartment her widowed father suggested should … [Read more...]

Why a Stock’s Price Doesn’t Matter

There are many factors to consider before buying a stock, but the sticker price shouldn’t be one of them. This joke illustrates why: A market analyst walks into a pizzeria and orders a pizza. When the pie is ready, he’s asked, “Should I cut it into … [Read more...]

Profile Perspectives is a personal finance blog based on articles Doug Goldstein, CFP®, director of Profile Investment Services, Ltd., published in The Jerusalem Post. The information posted is purely informational and does not constitute investment or tax advice. Advertisements on the site are neither endorsements nor recommendations. Consult your professional advisors before making any investments based on articles or advertisements. Securities offered through Portfolio Resources Group, Inc., member of FINRA, SIPC, MSRB, FSI. Accounts carried by Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation.

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