by Doug Goldstein CFP® | May 5, 2016 | Other
Rich As A King is now available as an audio book! Since Susan Polgar and I first published our book Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing in October 2014. It has continued to grow into a weekly blog, podcast, posterbook, and... Click for more
by Doug Goldstein CFP® | Apr 27, 2016 | Inspirational Quotes
Rich As A King is a combination of many elements: chess and financial planning, strategy and tactics, setting goals and realizing your dreams. We are now proud to present another winning combination – art and inspiration, in the form of our new poster book. Strong... Click for more
by Doug Goldstein CFP® | Apr 21, 2016 | Decision Making, Financial Plan
Deciding whether to invest in a startup company is a difficult decision, particularly if your own child is involved in the company. A common misconception: parents should always help their children. Sure you should help your kids, but help doesn’t always mean agreeing... Click for more
by Doug Goldstein CFP® | Apr 14, 2016 | Behavior finance, Decision Making
If you are thinking of selling an investment, beware of the disposition effect. This occurs when investors hold onto their losing investments for too long and sell their winners too soon. The disposition effect often causes investors to sell the wrong investment. What... Click for more
by Doug Goldstein CFP® | Apr 7, 2016 | Behavior finance, Decision Making
Loss aversion, the fear of losing, is one of the most common causes of unsuccessful investing. Why does the dread of losing become a self-fulfilling prophecy, causing an investor to make a decision that leads to losses, not profits? Fear or greed? According to... Click for more