by Doug Goldstein CFP® | Aug 20, 2014 | Chess Strategies, Strategic Thinking
Chess grandmasters have developed a large database of the best opening moves. Playing white, your first move gives you a choice of 16 pawn moves and 4 knight moves, for a total of 20 possible first moves. And after that first move, each player can choose from hundreds... Click for more
by Douglas Goldstein | Aug 18, 2014 | Podcasts
In this episode, discover when it is a good idea to move your chess piece or change your investment and the importance of making frequent financial reviews.... Click for more
by Doug Goldstein CFP® | Aug 18, 2014 | Decision Making, Inspirational Quotes, Strategic Thinking
The low correlation between current events and long-term performance, along with a deluge of information, causes stress and often leads to poor financial decisions. Taken from Chapter 1of Rich As A King, “Avoid These Mistakes and You’re Halfway... Click for more
by Doug Goldstein CFP® | Aug 13, 2014 | Behavior finance, Strategic Thinking
The fear of losing, known as “loss aversion,” trumps the joy of winning in most situations, and this imbalance frequently causes people to make poor choices. Going for the least-chance-of-defeat decision may at first glance seem wise, but this strategy certainly won’t... Click for more
by Douglas Goldstein | Aug 11, 2014 | Podcasts
Find out about SWOT analysis and how to define the strengths and weaknesses in your business on this week’s Rich As A King podcast. ... Click for more
by Doug Goldstein CFP® | Aug 11, 2014 | Financial Plan, Financial Strategies, Strategic Thinking
Chess is a game of strategy, and part of strategic thinking is figuring out what your opponent will do. Often, you may mistakenly assume that your opponent thinks the way you do. However, for all you know, your opponent is thinking of something completely different... Click for more
by Doug Goldstein CFP® | Aug 6, 2014 | Inspirational Quotes
As you set the parameters for your financial plan, be honest with yourself about how much risk you can comfortably stand. Taken from Chapter 3, “The Plan to Get Rich,” in Rich As A... Click for more
by Douglas Goldstein | Aug 4, 2014 | Podcasts
Find out some great ways to avoid the pitfalls of inflation so that you can have a comfortable retirement .... Click for more
