In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

8 Biggest Mistakes Investors Make

By Kiplinger's Personal Finance editors

http://www.JewishWorldReview.com | In the stock market, as in life, nothing is certain. The vast opportunities for creating wealth by investing come with plenty of risks. Mistakes? Investor, behold thyself. Here are the most common investing screw-ups, along with advice on how to avoid them.

At Kiplinger, we believe everyone, whether you're just beginning a career or already enjoying retirement, can earn solid returns in the stock market. The keys are starting early, building a balanced portfolio, making regular contributions over the long term and, above all, recognizing the pitfalls. Beware costly missteps and you can profit handsomely for years to come.

Making trades based on minute-to-minute monitoring of cable business news or chat rooms for day traders isn't investing; it's speculation. And speculation is a surefire recipe for inferior returns. Yes, some people make money on the spot. But over the long term, does anybody ever really beat the house in Vegas?

True investing relies on contributing regular amounts at regular intervals, in both rising and falling markets, to a thoroughly researched, diversified portfolio of stocks, funds and bonds, says our editor-in-chief, Knight Kiplinger. Real investors give their assets a chance to perform over years, not minutes, adjusting allocations quarterly or annually (more on that later). How long should you stick with an investment? LetWarren Buffett be your guide: "When we own portions of outstanding businesses with outstanding managements," he wrote in a now-famous 1988 chairman's letter to Berkshire Hathaway shareholders, "our favorite holding period is forever." .

That "dizzy, dancing way that you feel" that Joni Mitchell sang about in the '60s? Investors get it, too. It happened in the "roaring'" 1920s, in the dot-com stock run-up in the 1990s, and even as recently as 2013, when the Dow Jones industrial average and Standard & Poor's 500-stock index each jumped almost 30% in one year. Whoopee! Investors big and small have the urge to pump money into "hot" stocks, fantasizing about future treasure.

But know this: The only thing certain is that markets go up or markets go down, in no knowable pattern year to year. There have been whole decades, such as the 1980s and 1990s, when the Dow performed spectacularly. Then there were the 2000s, the so-called Lost Decade, when the stock market was no better off after ten years. But over the course of a lifetime, here's the big picture from Kiplinger's Kathy Kristof: "In the 87 years that Morningstar's Ibbotson unit has tracked market history, big-company stocks have returned just under 10% annualized." Let history be your guide.

Wall Street can be a perilous place when the bear is loose. This is not new. Three centuries ago, when scientist Isaac Newton lost a fortune in the "South Seas" stock collapse, he lamented: "I can calculate the movement of the stars, but not the madness of men." Too bad he wasn't around to read the advice of Kiplinger columnist James Glassman, looking back on a more recent debacle: the 2008-09 market meltdown. The Dow lost half its value in less than a year. Millions of investors saw billions of dollars in assets disappear. Just as Sir Isaac had done, many investors pulled out at the worst possible time--the bottom.

Yet five years from that 2009 market bottom, the Dow is up roughly 10,000 points to a record 16,000-plus. Patient investors were the winners. Notes Glassman: "Making money in the stock market is hard not because finding great companies is difficult but because the best and easiest-to-understand strategy for winning is so difficult to adhere to. That strategy can be described in three words: buy and hold."

There's no such thing as the perfect investment. All stocks carry risks. Funds that bundle stocks can lessen the risk, cushioning sharp downturns but muting spikes as well. Bonds can offset stock losses, but over long periods bond returns trail the returns of the stock market.

Kiplinger's advice: Make sure your retirement or college savings funds are grounded in a portfolio that holds an array of assets. As senior editor Anne Kates Smith notes, over time a diversified portfolio provides the best combination of reasonable returns with bearable volatility. Researchers at fund company T. Rowe Price compared the returns of portfolios that varied from 100% bonds to 100% stocks with various combinations of stocks, bonds and cash. From 1985 through 2012, a portfolio of 60% stocks, 30% bonds and 10% cash would have returned 9.8% annualized--about 93% of the return of an all-stock portfolio, but with just 62% of the risk.

Let's say you bought a new home ten years ago for $200,000 and sold it today for $250,000. You made $50,000 on the deal, right? Not quite. Chances are you took out a 30-year home loan to finance the purchase. Even if you put 20% down, you've been making a nearly $1,000 mortgage payment each and every month for the past decade. On top of the mortgage, there are ten years' worth of property taxes, homeowners insurance, repairs and renovations to tally up. (For a more complete rundown of homeownership costs, check out this post on the GenXFinance blog.)

Yes, mortgage interest and property taxes are tax-deductible, and you'll get a tax break on the profits when you sell. But the bottom line is: That 25% "return" is more of an illusion than you'd like to think. And if real estate prices fall as they did during the Great Recession, you could end up owing more than your dwelling is worth. Stick with Knight Kiplinger, who says, "I regard my home as a place to live, not as an investment. It is not a substitute for retirement savings."

Every investor is subject to the whims of the market. Here's one way to profit from the inevitable ups and downs. Let's say your portfolio is made up of mutual funds. At the end of each year (or even quarterly), consider how much you have in each fund. Then target new money to the funds that have done poorly. It might seem counterintuitive, but rebalancing keeps your portfolio diversified by preventing your wealth from becoming concentrated in a small number of investments.

Better yet, rebalance your portfolio by selling some of the winning funds and putting the proceeds into the laggards, so each fund ends up with the same percentage of money it started with the year or quarter before. This disciplined approach to investing helps ensure that you're buying lower and selling higher, which certainly beats the buy-high-sell-low trap that snares many investors. "Rebalancing takes guts--it's hard to reward losers--but it works," says Kiplinger.com columnist Steven Goldberg.


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When times are good, you may find yourself tempted to borrow against the value of your stocks to buy even more stocks. The practice is enticing because returns are amplified if the stock price goes up, because you're reaping the profits from stocks you otherwise couldn't afford. Even investors with a few thousand dollars in their portfolios can qualify to borrow in this manner at some brokerage houses, through a lending process called margin. Aggressive market players, such as some hedge funds, leverage borrowed money to enrich returns for well-heeled investors.

But there is high risk in buying stocks on margin. If the value of the stocks you purchase with the borrowed money falls, you could be forced by your brokerage to sell the stocks at a loss to repay the loan--even if you still believe in the long-term prospects of the stocks. Our advice: Leave this kind of speculation to speculators. "Margin calls could force me to sell good assets at a bad time," says Knight Kiplinger.

The tax basis of an investment helps determine how much you'll owe in taxes when you sell. Generally speaking, the tax basis, also referred to as the cost basis, is the purchase price. Subtract that from what you sell the investment for, and the difference is the amount upon which you'll be taxed. In the case of mutual funds, if like most investors you use your dividends to automatically buy extra shares, remember that each reinvestment increases your tax basis in the fund. That, in turn, reduces the taxable capital gain (or increases the tax-saving loss) when you redeem shares. Forgetting to include reinvested dividends in your basis results in double taxation of the dividends--once when they are paid out and immediately reinvested, and later when they're included in the proceeds of the sale.

This important calculation can save you a bundle.

Former IRS commissioner Fred Goldberg once told Kiplinger's editorial director Kevin McCormally that missing this break costs millions of taxpayers a lot in overpaid taxes. If you're not sure what your basis is, ask the fund company for help. Funds must now report to investors the tax basis of shares redeemed during the year. For the sale of shares purchased in 2012 and later years, funds must also report the basis to the IRS.

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All contents copyright 2014 The Kiplinger Washington Editors, Inc. Distributed by Tribune Media Services. All rights reserved.