Is it wise to buy a property now?
At this time of writing, it has now been over seven weeks since October 7th. Our thoughts and prayers remain with all the hostages and their families, those who have lost loved ones, suffered trauma, been forced to relocate, and the success of the war being waged by our soldiers. In my last article ‘Functioning […]
Functioning in the face of devastation
I drafted most of this original article prior to Succot, and left the finishing touches for after the chag to ensure it would be up to date. Little did I know that our entire world would be turned upside down as our country faces the single most traumatic event since the War of Independence in […]
The scenic route to where?
Breathtaking. Mindblowing. Inspirational. It took me a while to find the adjective that goes some way towards describing our incredible and uplifting vacation in the Swiss alps. I decided on awesome – its real definition being “causing awe of the Creator of such magnificence”, as opposed to its colloquial overuse to describe pretty much anything […]
Reflections from the children of a financial plannner
by assorted Labinsky children, with input from Baruch Labinsky. Growing up with a financial planner as a parent means that we absorbed concepts without even realizing it. It was only when we compared stuff with our friends that we discovered that we were doing things differently. Our father thought if we write this article for […]
The dangers of investing in real estate
Mark Twain (1835-1910) is attributed with saying “buy land, they’re not making it anymore”, and it wasn’t just the famous author and humorist who thought so. Real estate investing has always been considered a lucrative investment vehicle, for both investors and private owners of commercial, industrial and residential properties. Historical advantage and recent disadvantage Fast-forwarding […]
Your retirement savings – decimated or adjusted downwards?
Elon Musk’s recent huge starship’s first flight test ended in an explosion approximately four minutes after takeoff. While the media mainly focused on the explosion and portrayed the test as a failure, the private company has framed the test flight as a major success which will pave the way towards even greater achievements. The disparity […]
A good credit rating can save you money
The credit rating system made its appearance in Israel in 2019 without too much fanfare – although I did contribute a trumpet or two with my article at that time https://labinsky.com/your-new-personal-credit-rating/ . However, I want to revisit the topic now in light of the higher interest rates we are currently paying. It’s important to be […]
Rising interest rates and falling markets
For many years near zero interest rates dominated most western economies, with savers earning little or nothing on deposits in their financial institutions. However, the increased interest rates which are causing havoc on large parts of the economy, are returning the possibility of earning something for your cash on deposit. Cashing in on the higher […]
The Great Wealth Transfer
$68 trillion dollars, give or take a trillion or two. Over the next two decades. That is the amount that the Baby Boomer Generation (those born between 1946-64) will pass on to their Generation X children (born between 1965-1980) and Millennial Generation grandchildren (born between 1981-1996). The great wealth transfer has officially begun. My recent […]
A tale of two Novembers
Meet the Spendly family – parents and 5 children aged 8 – 23 who live in the center of the country. Mrs Spendly works in hi-tec and Mr Spendly is in formal education. They invested heavily in crypto over the past few years and used their profits and salary bonuses to buy a beautiful, large […]