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One Basic Tool for Success in Chess, Money, and Life

One Basic Tool for Success in Chess, Money, and Life

by Doug Goldstein CFP® | Aug 18, 2016 | Chess Strategies, Strategic Thinking

What is the most important tool you need for success in chess? Amazingly enough, the same one tool can help you achieve success in chess, money, and life in general. Sam Reshevsky, one of the greatest chess players in modern times, answers that the one tool needed for... Click for more
3 Chess Strategies That Can Help You Make More Money

3 Chess Strategies That Can Help You Make More Money

by Doug Goldstein CFP® | Aug 4, 2016 | Chess Strategies, Strategic Thinking

Here are three commonly used chess strategies that can be applied to both chess and investing: Never give up Chess Playing chess can be challenging. Sometimes you may feel as if winning a game is an elusive goal. Yet, even in these difficult situations, don’t give up.... Click for more
Why the 2008 Stock Market Crash Should Still Matter to You

Why the 2008 Stock Market Crash Should Still Matter to You

by Doug Goldstein CFP® | Jul 21, 2016 | Behavior finance, Other

The 2008 stock market crash – should we file it away as history? Even though Wall Street and the markets seem to have recovered from the 2008 stock market crash, it still matters to investors like you and me. I just finished Ben Bernanke’s book, The Courage to... Click for more
Why Forward Thinking is Key to Chess and Money Management

Why Forward Thinking is Key to Chess and Money Management

by Doug Goldstein CFP® | Jul 7, 2016 | Chess, Chess Strategies

Forward thinking is key for both chess and money management. Not only is that the basis for Susan Polgar’s and my book, but it was the topic of a conversation I had with Professor Harry Markowitz, Nobel Prize winner and father of Modern Portfolio Theory. What it takes... Click for more
Why Forward Thinking is Key to Chess and Money Management

How to Turn Your Failures Into Financial Success

by Doug Goldstein CFP® | Jun 23, 2016 | Strategic Thinking

Though focusing and goal-setting will certainly help you hit a target, when aiming for financial success it is sometimes impractical to go straight for your main goal. For instance, when a grandmaster sees that her opponent has built a mighty blockade around his king,... Click for more
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