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Why Avoiding Credit Cards is a Good Financial Tactic

Why Avoiding Credit Cards is a Good Financial Tactic

by Doug Goldstein CFP® | Sep 17, 2014 | Behavior finance, Financial Plan

The ubiquitous use of debit and credit cards has led today’s consumers to forget about planning and saving. People love to own things, and their Visas or MasterCards have become the ticket for providing them with everything. But at some point, they have to pay for... Click for more
Protect Your Money from Inflation with this Simple Investment Strategy

Protect Your Money from Inflation with this Simple Investment Strategy

by Doug Goldstein CFP® | Sep 15, 2014 | Behavior finance, Chess Strategies

Here’s a simple investment strategy to beat inflation and protect your retirement nest egg: watch out for false promises. Usually, if something appears too good to be true, it often is too good to be true. The Invisible Chess Attack False promises can be deceiving.... Click for more
How to Stop Your Savings From Disappearing in a Blink

How to Stop Your Savings From Disappearing in a Blink

by Doug Goldstein CFP® | Sep 10, 2014 | Chess Strategies, Decision Making

In his best-selling and controversial book, Blink, Malcolm Gladwell argues that people’s first impressions often trump researched decisions. He opens the book with an exciting account of how a larger-than-life, noseless Greek statue known as the Getty kouros was... Click for more
Simple Tips for Building Your Budget

Simple Tips for Building Your Budget

by Doug Goldstein CFP® | Sep 8, 2014 | Chess Strategies, Financial Plan

Does your budget allow you to pay the bills AND put money into savings every month? If you want to become as “rich as a king,” start dealing with your budget more actively. Limit your possibilities At the opening of a chess game, you have ten possible pieces that can... Click for more
How a Waiting Move Can Make You Rich

How a Waiting Move Can Make You Rich

by Doug Goldstein CFP® | Sep 3, 2014 | Chess Strategies, Decision Making

Donald Trump once pointed out that sometimes the best investments are the ones that we don’t make. He was referring to a simple yet effective investment strategy of making a waiting move – sitting back and thinking things through rather than jumping in and... Click for more
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