How to Buy a $1 Million Life Insurance Policy, and When You Need it

We explain how a $1 million life insurance policy can benefit the ones you care about the most. Do you think a million-dollar term life insurance policy sounds like too much insurance? As a Certified Financial Planner, I see underinsured people every day. What do I tell them? A million-dollar term life insurance policy might […]

Continue Reading

13 Best Investment Opportunities for Accredited Investors

When I became an accredited investor, I found myself among an elite group with the financial means and regulatory clearance to access investments that many couldn’t. This opened doors to exclusive realms like hedge funds, venture capital firms, specific investment funds, private equity funds, and more. Even though I had this “exclusive access” it took […]

Continue Reading

Despite CPI rise by 0.3%, the future of Israel’s inflation is uncertain

The Consumer Price Index (CPI) for July 2023 experienced a modest increase of 0.3%, according to the most recent data from the Central Bureau of Statistics (CBS). Over the past year, the index has seen a notable surge of 3.3%. Although not a part of the CPI, housing prices also revealed interesting dynamics, with a […]

Continue Reading

Wages in Israel have increased since last year — and that’s bad

As of May 2023, the average nominal wage across the economy stood at approximately NIS 12,440, according to data provided by the Central Bureau of Statistics (CBS), representing a notable 6.2% increase when compared to May 2022. The annual growth rate of the nominal wage, analyzed on a seasonal basis using the quarterly average change […]

Continue Reading

What is Passive Income? – Good Financial Cents®

Passive income refers to earnings derived from an enterprise in which a person is not actively involved on a daily basis. Unlike active income, where earnings are directly linked to the amount of work performed, passive income flows whether you are working, sleeping, or vacationing. As Robert Kiyosaki (2017) explains in his best-selling book “Rich […]

Continue Reading

Wisdom to share with new immigrants after my 31st year in Holy Land

In just a few days, I’ll celebrate 31 years of living in Israel! As I’ve mentioned many times, I came straight out of university and landed here with nothing other than a suitcase and some books. While it wasn’t easy at first and it took a bit of time to land a stable job, I […]

Continue Reading

Will new tax break law cure Israel’s hi-tech sector?

The long awaited renewal of tax breaks for investors in start-ups has been enacted (Law for the Encouragement of Technology Industry (Temporary Provisions) 2023 – Book of Laws 3071, July 31, 2023). Will it save the Israeli tech sector now in the doldrums? Below is a short summary of the latest law, nicknamed the Angels […]

Continue Reading