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The Twenty-Something’s Guide to the 401(k) Retirement Account

The Twenty-Something’s Guide to the 401(k) Retirement Account

by Doug Goldstein CFP® | Jan 29, 2015 | Chess Strategies, Financial Strategies

If you’re in your mid-twenties, retirement probably feels extremely far away. Your thoughts are more likely to be focused on today or your weekend’s plans than on pensions and retirement. But just like in a chess match, where the end seems very far away from the... Click for more
How to Protect Your Financial Castle with One Easy Move

How to Protect Your Financial Castle with One Easy Move

by Doug Goldstein CFP® | Jan 15, 2015 | Chess Strategies, Financial Plan, Strategic Thinking

One of the most crucial moves in chess is castling. This is where you move the rook and king at the same time in a way that they cross paths, moving the king to a protected space behind a detachment of strong defending pieces. Castling is often done close to the... Click for more

Chess Grandmasters Agree: Blur The Lines Between The Chessboard and Real Life

by Doug Goldstein CFP® | Dec 24, 2014 | Chess Strategies, Strategic Thinking

One of my favorite hobbies is playing chess. Apart from the challenge of checkmating my opponent, I enjoy the lateral thinking, planning, and strategic judgment skills that are involved in the game. Recently, I was privileged to interview Israel’s top chess player,... 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
Dave Ramsey Baby Steps and Rich As A King Both Put Emergency Funds First

Dave Ramsey Baby Steps and Rich As A King Both Put Emergency Funds First

by Doug Goldstein CFP® | Dec 1, 2014 | Chess Strategies, Financial Plan

An emergency fund is one of the most important strategies that any investor needs. As financial guru Dave Ramsey writes in his Seven Baby Steps for Getting Out of Debt, an emergency fund is necessary for “those unexpected events in life that you can’t plan for.”... Click for more
The Magic Fork: A Strategic Utensil That Can Help You Make Money

The Magic Fork: A Strategic Utensil That Can Help You Make Money

by Doug Goldstein CFP® | Nov 3, 2014 | Chess, Chess Strategies, Financial Strategies

In chess, a “fork” isn’t an eating utensil; rather, it’s a move that puts you in a position so that you can win from more than one angle. Placing yourself in a location for a strategic gain is not only a good tactic for chess, but is useful for every aspect of life.... Click for more
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