Everything you need to know about average salary

There are a couple of things we want to know when we talk about the average wage. Firstly – are people in the economy as a whole doing well? If the average wage increases, this should mean more purchasing power. And while we’re on the subject – how do wages in Israel compare to wages …

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Lessons for other countries from Israel’s vaccine rollout

At the time of writing this article, Israel has delivered 7.44 doses per 100 people, and is powering ahead at a pace of around 1.75 doses / 100 people per day. At this rate, given that we need to do about 135 doses per 100 people to cover the entire eligible population, we could be …

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Launching: The Comprehensive Guide To Pensions And Retirement In Israel

Long have you waited for a guide that can make sense of the discombobulating sprawl of the pension system in Israel. Wait no longer. This page needs no introduction, as it has its own introduction page. It is more an entire section of the blog than just a page (I might even publish it one …

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Navigating Israeli Bureaucracy – Cheat Sheet

Bureaucracy is scary because your life (and particularly your financial life) is often dependent on successfully navigating through it. It makes you feel out of control: per the etymology of the word, your life is being ruled by desk-sitters. The remedy for this is to arm yourself with information and regain control. To preface all …

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Index Fund Investing, Israel Edition – Part IV: Tax Considerations

This post is part of a series: How do I start investing in index funds? Israel edition. Read the posts in order here: Part I: Introduction Part II: Assets, Securities and Funds Part III: Brokerages Part IV: Tax Considerations – this post Before making Aliya, I went to a lecture about arranging finances in Israel. …

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Index Fund Investing, Israel Edition – Part III: Brokerages

Remember the supermarket analogy from the introductory article? Once you’ve thought about what funds you want to buy, you need to pick the supermarket at which you buy them – and an investments supermarket is called a brokerage. It might also be called an investment platform, and in Israel another name is  בית השקעות Bet Hashka’ot – Investment House (you’ll also see just 'ברוקראז).

How do I start investing in index funds? Israel edition – Part I: Introduction

A few times now, friends have come up to me and said they have some spare money and would like to invest it for the long term. Great news! These friends have the right attitude. The earlier you begin investing, the longer your money can simmer in the cholent pot of wonder, which you will …

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