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Secrets of Success in Chess and Investing

by Doug Goldstein CFP® | Nov 10, 2014 | Inspirational Quotes

What’s the secret of success in chess and investing? Is it a matter of luck or endeavor? What do you... Click for more
10 Things I Didn’t Tell John Lee Dumas on “Entrepreneur on Fire” that Every Entrepreneur Needs to Know

10 Things I Didn’t Tell John Lee Dumas on “Entrepreneur on Fire” that Every Entrepreneur Needs to Know

by Doug Goldstein CFP® | Nov 6, 2014 | Decision Making, Strategic Thinking

You know how sometimes you just wish you had said something? Well, that happened to me when I had the incredible honor to be a guest on John Lee Dumas’s award-winning show, Entrepreneur on Fire. Though the interview went great (click here to listen), we... Click for more
When Being Safe May Be Dangerous

When Being Safe May Be Dangerous

by Doug Goldstein CFP® | Nov 5, 2014 | Behavior finance

Risk tolerance is a very important factor when playing chess or making financial decisions. Indeed, one of the biggest dilemmas is whether your next move is worth the risk. Very often, fear of loss, or loss aversion, can hold you back from great success. Watch this... Click for more
The Magic Fork: A Strategic Utensil That Can Help You Make Money

The Magic Fork: A Strategic Utensil That Can Help You Make Money

by Doug Goldstein CFP® | Nov 3, 2014 | Chess, Chess Strategies, Financial Strategies

In chess, a “fork” isn’t an eating utensil; rather, it’s a move that puts you in a position so that you can win from more than one angle. Placing yourself in a location for a strategic gain is not only a good tactic for chess, but is useful for every aspect of life.... Click for more
The Best Way to Fix a Financial Mistake

The Best Way to Fix a Financial Mistake

by Doug Goldstein CFP® | Oct 29, 2014 | Chess, Strategic Thinking

Everyone makes mistakes. What separates the winners from everyone else, is how you fix your mistakes. When playing chess, it’s easy to make the wrong move. If you notice your mistake while the game is on, you can choose one of three responses: 1. Ignore it and keep on... Click for more
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