With many parents in Israel for the holiday season visiting children and children here visiting parents, I have had many meetings with entire families as they try and create a plan to smoothly transfer their wealth to the next generation. “We are currently witnessing the ‘Great Transfer’ of wealth from the Greatest Generation to the […]
“I read and walked for miles at night along the beach, writing bad blank verse and searching endlessly for someone wonderful who would step out of the darkness and change my life. It never crossed my mind that that person could be me.” – Anna Quindlen As Yom Kippur quickly approaches, we are preoccupied with […]
It won’t be easy, you’ll think it strange, When I try to explain how I feel That I still need your love after all that I’ve done – Madonna, ‘Don’t cry for me Argentina’ As the US stock market gets off to a woeful start to 2014 on the heels of a wonderful multi-year […]
The year-to-date decline in stocks points to a rough year for equities, according to the so-called January indicator, which is based on the historical tendency for the market’s direction in January to set the tone for the next 11 months.
“I can’t predict the future, and I don’t have respect for people who try to”– Jackie Mason As I have written here numerous times, my mother of blessed memory was fond of the saying, “Prophecy was given to fools.” We have a hard enough time trying predict the weather next week, let alone the winner […]
Okay, so my hometown team the Seattle Seahawks is in the Super Bowl, the world’s biggest sporting event outside the World Cup. Now, while I can easily use this space to prove to all of you naysayers why the Seahawks will win the big game, I will spare you. After all, most of you reading […]
Coke or Pepsi? Vanilla or chocolate? Tom or Jerry? Believe it or not, the world of investing also has its own argument of preference. When it comes to investing, there are two approaches that one can choose to implement: active or passive portfolio management. Let’s take at look at each method and try and figure […]
As time marches on and the generation of baby boomers approaches retirement age, there has been a big push in the investment community to cater to its needs. Most professionals have the best of intentions and provide good advice and planning for this segment of the population. However, as is usually the case, there are […]
I recently met with a friend who made aliyah in the summer of 2012 with the help of Nefesh B’Nefesh. After spending no more than two minutes catching up, he started to complain that he never hears from his financial adviser who lives in New York, and he wanted to know if there was any […]
I was recently at a wedding, surveying the dessert table, when I got a call on my cellphone. The caller sounded frantic, and after explaining that I was at a wedding and couldn’t really speak (I didn’t want my hot chocolate cake to get cold!), he said he couldn’t wait for me to call him […]
