Claim OwnershipGit Gelt in Yiddish
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Join me every Tuesday for a powerful episode in Yiddish.
Tune in for practical financial wisdom, real-life insights, and strategies to help you build secure future.
175 Episodes
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This episode is a little different — and I want to be upfront about that. Every week on Git Gelt we talk about ideas, concepts, and the way successful people think about money and life. Today I'm doing something more specific. Every year before Pesach the expenses pile up — the food, the cleaning, the guests — and with it comes that quiet financial pressure that most people just push through. But what if your money could actually be working for you right now — before Pesach even arrives? In this episode I share the story of how I moved my family from New York to Israel, had a large sum of money sitting in my account doing nothing, and how I used the options market — conservatively and simply — to make sure that money grew while I figured out my next move. And then I tell you exactly what I'm doing about it. Starting this Sunday I'm running a completely free two-week live challenge called the Pesach Income Challenge — where I go live and show you over my shoulder exactly how I generate real, consistent income from the options market. No theory. No complicated finance. Just real results in real time. To grab your free spot — text 104 to 845-572-1212 right now and we'll send you the registration link instantly. This one is worth sharing with someone you know.
Margin is one of the most misunderstood concepts in trading.
Some people treat it like free money. Others are terrified of it and avoid it completely.
In this episode, I break down what margin really is — in simple, practical terms.
You’ll understand:
• The difference between borrowing to buy stock and using margin to sell options • How buying power really works • What happens when you get assigned on a short option • Why margin can increase opportunity • And how it can quietly magnify risk if you don’t respect it
If you’re selling options, running the Wheel strategy, or planning to generate income from the market — you must understand margin properly.
Used correctly, it can be a powerful tool.
Used carelessly, it can wipe out years of progress.
This episode will help you think clearly, manage risk responsibly, and approach leverage like a professional — not a gambler.
A listener challenged me. “This sounds too good to be true.” Instead of brushing it off, I decided to address it directly. In this episode, I break down the actual strategy — step by step — and explain: Where the returns come from What risks are involved What assumptions people make when they hear certain numbers And when skepticism is healthy… versus when it becomes limiting Sometimes something really is too good to be true. And sometimes it only looks that way because we don’t fully understand how it works. Before you dismiss it — listen to the full explanation.
People often say, “If it sounds too good to be true, it probably is.” But is that always true? In this episode, I break down the question everyone asks when they hear about high returns: Is a 30% annual return realistic — or is it a red flag? We talk about: When “too good to be true” is a warning sign When it’s simply a lack of understanding The difference between risk, skill, leverage, and consistency Why some real opportunities look fake — and some fake ones look safe How smart people confuse caution with clarity This isn’t about selling promises. It’s about learning how to think clearly, ask the right questions, and avoid both scams and missed opportunities. If you’ve ever felt torn between fear and curiosity when hearing numbers like this — this episode is for you.
In this week’s lecture, I explain how to protect yourself from a Black Swan event — unexpected events that can cause sudden and serious financial impact. I talk about why these events can’t be predicted, what makes them so dangerous, and how smart planning, risk management, and diversification can help reduce their impact. The focus is on building resilience so that when the unexpected happens, you’re better prepared and less exposed.
In this week’s lecture, I talk about passive vs. active real estate investing and explain why some people succeed while others struggle in each approach. I break down the key differences between passive and active investing, the mindset and involvement each one requires, and what often determines success or failure. This lecture will help you better understand which path may align with your goals and expectations.
In this week’s lecture, I answer a few questions people asked me, starting with an important one: Should you look for a higher-paying job to meet your budget, or should you consider starting a business to reach that income level? I break down how to think about income goals, stability, growth potential, and decision-making when choosing between a job and a business. I also touch on another question that came up — bonds — explaining what they are and how they fit into an overall financial picture. This lecture is about thinking clearly, realistically, and strategically when planning your financial future.
In this week’s lecture, I talk about how trading profits are taxed and what you can do legally to reduce the amount of taxes you pay. I explain key things traders should understand about taxes, common mistakes to avoid, and why proper planning is essential when it comes to trading and profits. This lecture is meant to help you trade smarter by understanding the tax side of trading.
In this week’s lecture, I talk about how to legally reduce the amount of taxes you may owe when taking money out of a UGMA account. I explain why understanding the tax rules is important, what to be aware of when withdrawing funds, and how proper planning can help avoid unnecessary taxes. This lecture is meant to help you make smarter, informed decisions with your UGMA account.
In this week’s lecture, I talk about a common question people ask: “How can I make money?” The truth is, everyone has ideas — but most people never act on them. I explain why you should never assume your idea isn’t good enough, and how every major company in the world began with one simple idea that someone decided to build on. This lecture will help you understand how to turn your ideas into real opportunities.
In this week’s lecture, I talk about whether it’s a smart idea to buy options before a company reports earnings. I explain the risks, the potential rewards, and how implied volatility (IV) affects option prices during earnings season. If you’ve ever thought about trading options around earnings, this lecture will help you understand what you need to look out for first.
In this week’s lecture, I explain how someone can invest even if they can’t or prefer not to use their own name. We talk about trusts — what they are, how they work, and why people use them for privacy, protection, and control over their assets. If you’re interested in investing through a trust or want to understand the benefits behind it, this lecture will give you a clear breakdown of the essentials.
In this week’s lecture, I talk about investing and saving in the S&P 500, which has historically shown strong long-term growth. But before investing, it’s important to understand drawdowns — the periods when the market pulls back. I explain what drawdowns mean, why they happen, and how to think long-term when investing in the S&P 500.
In this week’s lecture, I share a powerful message about Yom Kippur and the idea of “Git Gelt.” As Yom Kippur is ahead and a new year is coming up, the lesson is clear: don’t limit your expectations when asking from Hashem. Open yourself up, think bigger, and believe that Hashem can bless you far beyond what you imagine.
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