by Doug Goldstein CFP® | Oct 20, 2014 | Other
Thank you for all of your support!!! How do you get a podcast to reach the coveted title of being on the New & Noteworthy list? We were told to have high quality content, publish often, and get subscribers and reviews. We’ve tried to do all of those to make sure... Click for more
by Doug Goldstein CFP® | Oct 15, 2014 | Behavior finance, Decision Making
When investors decide whether to buy or sell a stock, they often get sucked into the “disposition effect.” Professors Hersh Shefrin and Meir Statman, who first invented this concept in 1985, define it as “investors’ disposition to sell winners too early and ride... Click for more
by Doug Goldstein CFP® | Oct 13, 2014 | Financial Strategies
Finding a successful money management strategy is an important part of financial planning. John O’Connor, president and chief investment officer of 3-D Asset Management, talks about Separately Managed Accounts (SMAs) and how this works as a financial strategy in this... Click for more
by Doug Goldstein CFP® | Oct 8, 2014 | Chess Strategies
When chess masters line up their pieces at the start of a game, they’ve each got the same resources. One of them may choose to make a strategic sacrifice in order to get a tactical advantage. For example, if White were to lose one of his 16 pieces in the beginning, he... Click for more
by Doug Goldstein CFP® | Oct 8, 2014 | Chess, Strategic Thinking
As Garry Kasparov pointed out in the title of his book, “life imitates chess.” That being the case, an examination of chess may provide some valuable insights into portfolio management. When talented chess players develop their pieces, they place them on squares that... Click for more
