by Doug Goldstein CFP® | Feb 5, 2015 | Behavior finance, Decision Making
Do you suffer from information overload? In the current era of social media and high-tech communications, many investors hunt for information on line, mining endless research reports, websites, and blogs. But you shouldn’t believe every single thing that you read.... Click for more
by Doug Goldstein CFP® | Jan 29, 2015 | Chess Strategies, Financial Strategies
If you’re in your mid-twenties, retirement probably feels extremely far away. Your thoughts are more likely to be focused on today or your weekend’s plans than on pensions and retirement. But just like in a chess match, where the end seems very far away from the... Click for more
by Doug Goldstein CFP® | Jan 22, 2015 | Financial Strategies
What’s the best financial strategy to use for short-term investing? Imagine that you receive cash as a gift, inheritance, or bonus, and you decide to use it within the next 6 to 12 months for some major purchase. You park the money in the bank account and receive... Click for more
by Doug Goldstein CFP® | Jan 15, 2015 | Chess Strategies, Financial Plan, Strategic Thinking
One of the most crucial moves in chess is castling. This is where you move the rook and king at the same time in a way that they cross paths, moving the king to a protected space behind a detachment of strong defending pieces. Castling is often done close to the... Click for more
by Doug Goldstein CFP® | Jan 8, 2015 | Behavior finance
There are two ways of seeing the world: You can look at the small details, possibly missing the larger picture. This is often called mental accounting. Or, you could only look at the larger picture, possibly missing important details. This is often called the illusion... Click for more
