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The 2010 Census for

Monsey is 18,412 (Zip Code 10952)

Borough park 85,987 (Zip Code 11219)

Kiryat Joel 23,414

Williamnsburgh 85,00 Zip Code 11211

And that includes everyone , not just frum jews

Monsey area consists of Monsey, Airmont, Suffern, Pomona, Spring Valley, New Hempstead, and Pomona and you can include New Square.

“I do not see why that is inconsistent with one million considering the large family size, and especially since each of those 200k kids have two parents.”

This is stupid logic. You mean a family with five children in yeshiva have 10 parents?

No if there are 200k kids in Yeshiva then there are two parents equaling 600k

IU told you about where I got my numbers from i think maybe a NY article, and I said 200 frum 300 non frum. I have no idea where you get 300-400k in NJ, care to provide any numbers?

Charlie I do not see why that is inconsistent with one million considering the large family size, and especially since each of those 200k kids have two parents.

i think your numbers are a bit low cuz your missing many small communities in NY and NJ that all add up to alot so i would say there are around 1Million in NY and NJ

Could be I only focused on the big communities. But I think that to say those communities make up another 500k people would be a big stretch. I would have to see some numbers.

I read a few years ago there are at least 200k orthodox jews in Brooklyn and 300k non frum. If you add in KJ-25k, Monsey including New Square I would estimate at 40-50k. Lakewood same as Monsey. Rest of NY like FR, 5 towns I am guessing is another 20k same with Manhattan and Queens each. I would say based on those numbers it is close to 400k in NY. Correct me if I am wrong, or I am missing any communities.

I considered becoming a financial advisor here is what I know about the field. Some companies are awful to work for, but most of the time you will be out of the office, it is very independent work. Basically regardless of what they tell you their main goal is for you to sell life insurance. If you do not meet their quotas of signing up a certain amount of people per week you will quickly be fired. You can make your own schedule, but on average it is far more than a 9-5 job.

You can make tons of money in this field, but the hours are very long and the first years are extremely tough. If you can survive the first few years you can make a very good salary. I think the average retention rate after two years is close to 10%, don’t quote me on that, but I know it is extremely low.

Please please do not get divorce advice from here! Speak to someone who deals with shalom bayis issues and is known to excellent on the topic. Yeshivaworld will delete anyone I mention but I know someone who is great with this in Monsey and someone awful and has ruined numerous marriages. So where-ever you live make sure you do not get advice from random people online and make sure you speak to someone who really knows and wants to make marriages work, but also will recommend divorce if it is only option.

Charlie it is chutzpadik to go to the Kosel b/c it is over the green line?

I do not see the diff between men and women in this regard. Why is this question specifically geared towards women? Both men and women should try to work in a place where their ruchniyus is perserved, of course nowadays this is usually not too easy.

I think lenni said the percentage increased, and was not referring to the actual amount it increased.

if anyone wants more advice from me i think you can contact me through the moderator. id be happy to help you

most of the advice here is good however first off i would recommend mutual funds over etfs. you should be dollar cost averaging and adding money to your account every month(or quarter). If you start young with 0 dollasrs and you put in even just 100 dollars a month in the s&p 500 you can literally have hundreds of thousands of dollars by the time you retire.

My recommended portfolio would be something like this(note this is meant for long term investors people far away from retirement and people who have high risk tolerance and im not just talking about people who can watch losing 50% of their money and not panicing i mean people who were buying stock during the tech crash and the most recent crash, if you sold then this advice is not for you)

for 99.99% of people including many “professional investors” you should be buying mostly mutual funds and not be investing in individual stocks.

I would structure my portgolio like this

1 80% stocks which have the best returns over long periods of time

2 10% bonds

3 10% reit

i would break down the stock structure into something like this

10% s&p

35& large cap value us

15% foreign large cap value

20% small cap value

10% foreign small cap value

10% emerging market( or even better if you can find it an emering market value fund)

I would put no money in growth funds since over time value has shown himself to far outperform growth. I would put a little money in the s&p for when growth has a crazy run like in the late 90s so you dont get frustrated and jump into growth stocks. small cap value have amazing long term returns and foreign small cap value have even better. thats why i would have them equal about 30% of my portfolio

2 bonds

i would mostly have long term bonds(however just a note right now with interest rates so low you will get killed when interest rates go up especially with long term treasuries yielding only around 4.6 %, so im not sure what % i would recommend for right now to invest in long term bonds) in general id put 65% in a long term bond fund, maybe you could also put afew percent in tips. Again however tips now have very low returns when tips were returning 3.5% plus cpi they were much more attractive.

20% foreign and emerging market bonds these provide some diversification in case intrest rates rise alot in us and us bonds go down alot in value

15% high yield bonds these historically have provided excellent returns(but are almost as volatile as stocks so be forewarned)

3 Reits have historic great returns and povide a good inflation hedge

i would not put money in gold historically it has basically returned nothing(inflation adjusted). Espcially after the huge run up in gold it is the worst time to buy( this in addition to being extremely volatile makes it a very unattractive investment)

if oyu want return from inflation REITs, tips and stocks(over long term) should provide more than enough protection

I would recommend putting as much money as possible in an IRA, dollar cost averaging, even if its only afew hundred dollars a year, and trying to invest even more when the market crashes.

I would recommend opening up a vanguard account or if oyu have alot of money i hear DFA is an excellent choice but i think the minimum is 250,000 to open an account. There is no reason you should pay high fees and especially for indexing it makes absolutely no sense. I owuld also recommend putting some of oyur money in active managed mutual funds only if oyu know what oyur doing. Even though dodge and cox is run by some of the best investors in the world it has so much money in assets it will be very hard for them to outperform the market. I would recommend sequia fund and royce funds for small cap funds. they have many many small cap funds and basically every single one of them has beaten their index the russell 2000 and russell 2000 value by a large margin for several decades. Note: i would look at their funds with not so much net assets. there are many other good funds out there i will tell anyone if they are interested.

one of the most important things about investing is read up a little if oyu read up about past crashes and how much the market went up afterwords, or how a huge bull run in the late 90s was bound to be followed by a huge crash you will have more confidence in your investments.

some good books i would recommend for starters(or even more experienced investors is )

10 contrarian investment strategies the next generation- dreman

john bogle on mutual funds- john bogle

the millionare next door Thomas J. Stanley and William D. Danko the book gewts very repatative the main thing is to get the general idea

the only investment guid youll ever need- andrew tobias

four pillars of investing william bernstein

intelligent investor benjamin graham(warren buffetts rebbe)

if i had to pick one and oyu are a new investor i would recommend four pillars of investing by william j bernstein

for more advanced investors i have more recommendations id be glad to tell you if oyu email me

the most important points for investing are stay patient and dont lose your nerve, figure out your risk tolerance, start investing young the younger you start the easier (far far easier) it is to retire comfortably this is the magic of compounding, put as much money as possible in your ira, and dollar cost average and invest additional amounts as much as possible even if it is just $50 at a time

EDITED