How do dropping in oil prices, economic changes in China, and inflation affect your financial plan? What is the best way to respond to market volatility?
On today's show, Doug discusses what causes market fluctuations, and what economic changes really mean for your financial plan.
Also, sample the new financial podcast 4-Minute Money Ideas with a discussion of what you should do when you receive an inheritance.
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. Doug’s newest book, co-authored with Susan Polgar, about using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at firstname.lastname@example.org