by Doug Goldstein CFP® | Feb 27, 2018 | Chess Strategies, Decision Making
While chess pundits may think attack is the best form of defense, is following an attack strategy the best way to protect your investments? Attack strategy on the chessboard To answer this question, let’s take a look at the famous 1851 “Immortal Game,” when Adolf... Click for more
by Doug Goldstein CFP® | Feb 13, 2018 | Chess Strategies, Financial Plan
What does the expression “active investor” mean to you? Does it make you think of someone who is constantly buying or selling investments, and moving his money around from one place to another in hopes of generating a profit? Here’s news: you can be an “active... Click for more
by Doug Goldstein CFP® | Jan 30, 2018 | Financial Plan
Are you really paying attention to what you’re reading, or is it just the “illusion of attention?” Are you merely going through the motions, in effect sleepwalking all day long? Can not paying attention cause you to lose money? Imagine that you are playing a game of... Click for more
by Doug Goldstein CFP® | Jan 16, 2018 | Financial Plan
Conservative investments, such as bank savings accounts or CDs (certificates of deposit in a bank), may not be as safe as you think. These types of accounts may actually produce negative real return rates over the years. Three main factors are responsible for negative... Click for more
by Doug Goldstein CFP® | Jan 2, 2018 | Behavior finance
Who is usually a more confident investor – a man or a woman? When Professors Terrance Odean and Brad Barber conducted a study of 60,000 individual investors, they found that the male investors were far more confident in their investing decisions than their female... Click for more
