by Douglas Goldstein | Feb 7, 2017 | Decision Making, Financial Strategies, Podcasts
If you like investing in bonds and other conservative investments, how should you invest when interest rates are low? Low interest rates and high inflation can actually lower the real value of your money if it is invested in bank savings accounts or CDs. So what are... Click for more
by Doug Goldstein CFP® | Jan 31, 2017 | Decision Making
Almost two thirds of Americans today can’t pass a basic financial literacy test. Can you? According to the FINRA Foundation’s National Capability Study, most Americans only got three out of six answers correct on a financial quiz… only 50%! FINRA (Financial Industry... Click for more
by Douglas Goldstein | Jan 24, 2017 | Asset Allocation, Decision Making, Podcasts
Global diversification, spreading out your investments among various countries, is an important part of investing. But how can you determine the best countries to invest in? Global diversification is an important part of asset allocation. Want a chess metaphor to... Click for more
by Doug Goldstein CFP® | Jan 17, 2017 | Decision Making
You don’t have to be a financial genius to get rich – simply change your spending habits. What are the most effective changes you can make to your spending habits? Changing your spending habits can be like changing the way you play chess Look at the way you play... Click for more
by Douglas Goldstein | Jan 10, 2017 | Financial Strategies, Podcasts
What is “multiple attack strategy,” and which tactic can it teach you for improving your investment performance? Why is balance important both in life and in investing? Find out how it can keep your investments on... Click for more
by Doug Goldstein CFP® | Jan 3, 2017 | Behavior finance, Decision Making
Letting emotions interfere with decision making is a common cause of mistakes… both on the chessboard and off. Why is it a problem when your emotions interfere with decision making? Swept away Let’s imagine the following scene: In a game of chess, your opponent moves... Click for more
by Douglas Goldstein | Dec 27, 2016 | Financial Strategies, Podcasts
When should you buy stocks? When they are riding high, or when they are at an all-time low? What does the expression, “Buy when there is blood in the streets” mean? How does it relate to investing? Listen to Susan Polgar’s explanation of when the... Click for more
by Doug Goldstein CFP® | Dec 20, 2016 | Asset Allocation, Financial Strategies
What’s an effective investment strategy for when interest rates are low? The problem with investing during periods of low interest rates is that your returns may not beat inflation and your money may lose its real value. One practical solution is to invest with a bond... Click for more
