by Doug Goldstein CFP® | Aug 2, 2017 | Chess Strategies, Financial Strategies
One very effective, but often overlooked way of saving money is increasing your monthly mortgage payments. The idea of spending money in order to save sounds like a contradiction, but if you look at your bigger financial picture it makes a lot of sense. Here’s why:... Click for more
by Doug Goldstein CFP® | Jul 18, 2017 | Chess Strategies, Financial Strategies
Applying basic chess tactics to running your finances can help you become a better investor. How? Here are some examples: Look at the whole board One of Grandmaster Susan Polgar’s most important lessons when coaching chess is to “look at the whole board.” In both... Click for more
by Doug Goldstein CFP® | Jul 4, 2017 | Financial Plan
Understanding your risk level is one of the most important parts of financial planning. Here’s why: Imagine you’re playing chess and you’re about to move your queen to a particular square. Making this specific move may put pressure on your opponent’s king, but when... Click for more
by Doug Goldstein CFP® | Jun 20, 2017 | Chess Strategies, Financial Plan
Market crashes are inevitable. Just as they happened in the past, they are also likely to occur again in the future. So what should you do to protect yourself from a volatile market? Chess strategy can help you deal with volatile markets The following anecdote, from... Click for more
by Doug Goldstein CFP® | Jun 6, 2017 | Chess, Strategic Thinking
Grandmaster Garry Kasparov gave Grandmaster Susan Polgar’s chess team a good tip for dealing with time pressure when he told them, “Always keep ten extra minutes on the clock, or you will end up making rushed decisions.” When you feel pressured by time, it’s easy to... Click for more
