by Doug Goldstein CFP® | Apr 14, 2016 | Behavior finance, Decision Making
If you are thinking of selling an investment, beware of the disposition effect. This occurs when investors hold onto their losing investments for too long and sell their winners too soon. The disposition effect often causes investors to sell the wrong investment. What... Click for more
by Doug Goldstein CFP® | Apr 7, 2016 | Behavior finance, Decision Making
Loss aversion, the fear of losing, is one of the most common causes of unsuccessful investing. Why does the dread of losing become a self-fulfilling prophecy, causing an investor to make a decision that leads to losses, not profits? Fear or greed? According to... Click for more
by Douglas Goldstein | Jan 26, 2016 | Behavior finance, Decision Making, Podcasts
How does a terror attack affect investors? When Doug recently spoke to a lawyer at a big brokerage firm, he was shocked to find out that a result of the rise of global terrorism, the company had closed its international operations. But what is the general reaction to... Click for more
by Douglas Goldstein | Jan 12, 2016 | Behavior finance, Podcasts, Strategic Thinking
What can a discussion with Nobel Prize laureate Professor Angus Deaton on foreign aid teach you about personal finance skills and how to help your children with money? Learn practical tips and advice on how to teach your children good personal finance practices... Click for more
by Doug Goldstein CFP® | Dec 17, 2015 | Behavior finance
Money is like sex. If you don’t actively teach your kids the right facts, they’ll pick up all sorts of information on the street. The best way to introduce your children to the money world is to talk to your kids about money early and often. Learning about money from... Click for more
by Douglas Goldstein | Dec 15, 2015 | Behavior finance, Decision Making, Financial Strategies, Podcasts
Want to avoid a fight about money? Money is one of the biggest causes of friction in a relationship. Many couples fight over what belongs to each one, their debts, each other’s spending, or how much money they should give to their children. Very often, these arguments... Click for more
