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If You Ignore Your Family And Friends, You Can Become Rich – Rich As A King Episode 38

If You Ignore Your Family And Friends, You Can Become Rich – Rich As A King Episode 38

by Douglas Goldstein | Dec 18, 2014 | Podcasts

Not all of the advice that your family and friends give you is good for you. Here’s why. To listen to this podcast, click... Click for more
Charles Schwab’s Study on Timing the Market Proves an Amazing Fact that Every Investor Must Know

Charles Schwab’s Study on Timing the Market Proves an Amazing Fact that Every Investor Must Know

by Doug Goldstein CFP® | Dec 17, 2014 | Financial Strategies

Are profits in the market a matter of luck or timing? Charles Schwab, an investment company, studied the effects of timing your investments and how this may affect their success. They divided various types of investors into five “characters” with different names, and... Click for more
The Most Important Thing Not Taught in School – Rich As A King Episode 37

The Most Important Thing Not Taught in School – Rich As A King Episode 37

by Douglas Goldstein | Dec 16, 2014 | Podcasts

Most schools don’t teach their students about personal finance. But the problem goes deeper than that. Schools don’t equip children with the skills they need to become strategic thinkers. Here’s how to teach your children to think strategically.... Click for more
A Financial Lesson Learned in Washington Square Park

A Financial Lesson Learned in Washington Square Park

by Doug Goldstein CFP® | Dec 15, 2014 | Chess Strategies, Strategic Thinking

“Let’s play him,” my teenage daughter said to me this summer as we walked through New York’s Washington Square Park, where the chess sharks seek unsuspecting prey.  I negotiated the terms of the engagement with the 20-year chess veteran and then gave him a bit of a... Click for more

How To Become a Strategic Thinker – Rich As A King Episode 36

by Douglas Goldstein | Dec 11, 2014 | Podcasts

Find out how to practice the skills of strategic thinking, whether you’re playing chess, managing your portfolio, or running a... Click for more
What Chess Professionals Need to Know About IRAs

What Chess Professionals Need to Know About IRAs

by Doug Goldstein CFP® | Dec 10, 2014 | Chess, Financial Strategies

When Susan Polgar and I first began working on our book, I asked her what was one of the biggest financial problems that chess professionals have. She told me that the volatile nature of the income stream for someone playing tournament chess, teaching chess, or... Click for more

Think Strategically and Get What You Want – Rich As A King Episode 35

by Douglas Goldstein | Dec 9, 2014 | Podcasts

Strategic thinking is the strategic part of a game, of a financial plan, of a business decision, and even a social interaction is the part that comes before you make a move. It’s all of the steps leading up to the final execution.... Click for more
How Much Do You Really Need in Your Savings Account?

How Much Do You Really Need in Your Savings Account?

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

Financial Guru Dave Ramsey’s Baby Steps to financial freedom have a huge emphasis on savings: first building an emergency fund, then retirement savings, college savings, etc. It may seem as if there is no end to the amount of savings someone needs. But eventually, one... Click for more
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