Yohan Kadoche, a senior figure in Israeli capital markets, will become a partner in the Sigma Clarity Investment House, Sigma Clarity announced on Tuesday. Kadoche is expected to acquire approximately 52% of Sigma Clarity stock and invest capital for business development. “I am pleased to join Sigma Clarity, a global investment firm that currently […]
Continue Reading“Israel is not just a state but also a state of mind,” says Howard L. Goldstein, National and International Board Chairman of Israel Bonds. Growing up in poverty in New Jersey, Goldstein knew little about Israel. But years later, when he moved to Florida as a young professional with his wife, he decided to […]
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Israel Insurance Association witnessed a significant change in its leadership team on Tuesday: Certified Public Accountant Benjamin Gabbay, previously known for his impactful role as the chairman of Phoenix Insurance, has now stepped into the limelight as the Association’s new chairman. This move marks a pivotal shift as he takes over the reins from Yair […]
Continue ReadingA popular process in financial markets, which attempts to predict the right timing for buying and selling assets, is called “Buy on the rumor and sell on the news.” This process involves buying the asset based on rumors surrounding a specific key event, but when the event actually occurs, the wise decision is to […]
Continue ReadingThe impact of a country’s credit rating downgrade on citizens’ wallets begins even before the actual downgrade occurs. Markets, in practice, do not wait for the official downgrade announcement and already demand higher interest rates. This translates to tangible consequences for citizens who are faced with increased borrowing costs and reduced access to affordable […]
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Amid discussions surrounding budget deficits and the state of Israel’s war against Hamas, most people may not have noticed some important announcements regarding pensions. The Israel Tax Authority has recently introduced several new benefits for anyone saving for retirement. Firstly, the deposit limit for savings, particularly for pensions, has been increased by 3.34%. This means […]
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In a heartbreaking turn of events, Gal Anav, an Israeli soldier currently serving in Gaza for nearly 100 days, has been forced to announce the liquidation of his business due to the financial strain caused by his long reserve duty. Anav, who was called up on October 7 as part of the ongoing conflict between […]
Continue ReadingAmerican millionaire known as Taylor Money, on TikTok as @taylor_money_, shed light on a fundamental difference in how the wealthy perceive money and manage their finances compared to the general population. According to him, the rich do not focus on acquiring flashy possessions or indulging in extravagant expenses. Instead, they view money as a […]
Continue Reading“Patience and perseverance have a magical effect, before which difficulties disappear and obstacles vanish.” John Quincy Adams In this week’s Torah portion, Vaera, we read about events that lead up to the exodus from Egypt. Speaking about where this portion fits in the broader story of the Exodus, Rav Aharon Lichtenstein z”l explained,“ At […]
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Foreign investors should have confidence in investing in Israel today, even amid the Israel-Hamas conflict, former US Secretary of the Treasury Steven Mnuchin told The Jerusalem Post on Thursday. Mnuchin came to Israel on a business trip for the first time since the October 7 massacre with his business partner, former US ambassador David Friedman. […]
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