by Douglas Goldstein | Nov 14, 2017 | Chess Strategies, Financial Strategies, Podcasts
What is one of the worst financial risks? How about losing money in high tax payments. You can prevent this from happening by putting some of your earnings into a tax-deferred investment. Find out how this helps by looking at the knight on the chessboard, which... Click for more
by Doug Goldstein CFP® | Nov 7, 2017 | Chess, Decision Making
Is it always an act of kindness to give your adult children financial support? Many parents who give their grown children financial assistance have good intentions. While their generosity appears to be a gift on the surface, these adult children may pay a heavy price... Click for more
by Douglas Goldstein | Oct 31, 2017 | Financial Strategies, Podcasts
If you are thinking of investing in gold, you can either buy physical gold or put your money into a gold ETF. Which is better? What are the advantages and disadvantages of each? If you are thinking of investing in gold, find out how to protect yourself against... Click for more
by Doug Goldstein CFP® | Oct 24, 2017 | Chess Strategies, Strategic Thinking
If you want to boost your financial returns, try applying one of my favorite chess tactics – the chess fork – to managing your money. What is a chess fork, and how does it work? When a chess player forks his opponent, he moves his piece to a strategic square,... Click for more
by Douglas Goldstein | Oct 17, 2017 | Chess Strategies, Decision Making, Podcasts
To invest in stocks, you need to know how to choose the ones that are best for you. In this financial podcast, apply Susan’s way of choosing which chess pieces to move on the board to determine which stocks to buy. Once you’ve chosen your stocks, decide... Click for more
by Doug Goldstein CFP® | Oct 10, 2017 | Decision Making
What is your most effective money-making asset? The answer is – your inner potential. If you work hard and maximize your abilities, you, and by extension your wealth, have amazing growth potential. When you play chess, there are many different pieces and techniques to... Click for more
by Douglas Goldstein | Oct 3, 2017 | Chess Strategies, Podcasts, Strategic Thinking
Do you use a defensive strategy when you play chess or manage your finances? Chess grandmasters use defensive tactics to prevent their opponents from having any chance of successful attack. Listen to this podcast to get tactics you can use to defend your investments,... Click for more
by Doug Goldstein CFP® | Sep 26, 2017 | Asset Allocation, Financial Plan
One great tool for assessing the probability of risk and future success is the Monte Carlo simulation. This is true in both chess and personal finance. What is a Monte Carlo simulation, and how can it help you plan ahead? No one knows the future A Monte Carlo... Click for more
