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How I Teach My Children about Money

How I Teach My Children about Money

by Doug Goldstein CFP® | Feb 25, 2016 | Financial Strategies

There are many different theories about the best ways to teach children about money. Here are two tactics I found particularly effective with my own children: Give your kids an allowance Allowances are a great way to teach children how to handle money. They provide... Click for more

How to Achieve Your Goals With One Small Step

by Doug Goldstein CFP® | Feb 25, 2016 | Blog, Strategic Thinking

While it may be easy enough to know what goal you want to achieve, actually getting it done is another matter. The perennial example is The Diet… which always starts tomorrow. While you may sincerely want to lose weight, if you are like most folks, there is a... Click for more
Peter Drucker: Is it Better to be Effective or Efficient?

Peter Drucker: Is it Better to be Effective or Efficient?

by Doug Goldstein CFP® | Feb 18, 2016 | Financial Strategies, Strategic Thinking

Peter Drucker, management consultant, once said: “Efficiency is doing things right; effectiveness is doing the right things.” What is the difference between being effective and being efficient? Which one leads to success in investing and in life in general? You can... Click for more
How to Use the Internet as a Tool for Success

How to Use the Internet as a Tool for Success

by Doug Goldstein CFP® | Feb 11, 2016 | Other

The right tools make all the difference.   Ever try banging a nail with a shoe? It just doesn’t work as well as when you use a hammer. Tried and trusted tools You can find almost anything on the internet, from chicken recipes to a marriage partner. But even though... Click for more
When Was the Last Time You Looked at Investment Risk?

When Was the Last Time You Looked at Investment Risk?

by Doug Goldstein CFP® | Feb 4, 2016 | Decision Making, Financial Strategies

Looking at investment risk before buying/selling a stock/bond can be compared to a chess player who looks for weaknesses on the board before making a move. A good chess player doesn’t automatically assume that the queen is the strongest piece, or that the pawn is the... Click for more
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