by Douglas Goldstein | Jul 25, 2017 | Decision Making, Podcasts
When looking to invest in great mutual funds or make any other investment decisions, understand what “survivorship bias” and “creation bias” are and how these can become potential pitfalls. Biased decision-making can also affect the world of... 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 Douglas Goldstein | Jul 11, 2017 | Chess Strategies, Financial Strategies, Podcasts
What tactics do Warren Buffett and Susan Polgar use when making investing decisions and playing chess? How can an investing tactic be applied to chess, or vice versa? Discover why Warren Buffett says you should invest within your circle of competence and how building... 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 Douglas Goldstein | Jun 27, 2017 | Asset Allocation, Financial Strategies, Podcasts
Which chess quote from Garry Kasparov inspired this financial podcast? Find out what this chess quote teaches about taking opportunities, and also why it’s important to have a specific line of strategy when you invest. Watch a free video about separately managed... 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 Douglas Goldstein | Jun 13, 2017 | Chess Strategies, Podcasts
A “fork” is a chess technique that involves using a single piece to attack two targets simultaneously. How does this move work, and how can you apply it to retirement planning? Listen to this financial podcast to get tips and advice on how to utilize your... 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
