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One Important Tactic for Financial Success

One Important Tactic for Financial Success

by Doug Goldstein CFP® | Oct 22, 2014 | Chess Strategies, Decision Making

In the early 1900s, Akiba Rubinstein’s parents wanted him to become a Rabbi. Instead, he became a chess legend, revered for the “Rubinstein Attack.” Once, when asked who his opponent was, Rubinstein responded, “Tonight I am playing against the black pieces.” Stay... Click for more
How to Avoid Checkmate When Investing for Retirement

How to Avoid Checkmate When Investing for Retirement

by Doug Goldstein CFP® | Oct 8, 2014 | Chess Strategies

When chess masters line up their pieces at the start of a game, they’ve each got the same resources. One of them may choose to make a strategic sacrifice in order to get a tactical advantage. For example, if White were to lose one of his 16 pieces in the beginning, he... Click for more

Four Steps to Make Your Business Even More Successful

by Doug Goldstein CFP® | Sep 22, 2014 | Chess Strategies, Strategic Thinking

If you’re wondering whether to invest your money or expand your business, you may find using SWOT analysis strategy very helpful: Many chess players use the strategy of finding their opponent’s weakest point and chipping away at it slowly throughout the game.... Click for more
Protect Your Money from Inflation with this Simple Investment Strategy

Protect Your Money from Inflation with this Simple Investment Strategy

by Doug Goldstein CFP® | Sep 15, 2014 | Behavior finance, Chess Strategies

Here’s a simple investment strategy to beat inflation and protect your retirement nest egg: watch out for false promises. Usually, if something appears too good to be true, it often is too good to be true. The Invisible Chess Attack False promises can be deceiving.... Click for more
How to Stop Your Savings From Disappearing in a Blink

How to Stop Your Savings From Disappearing in a Blink

by Doug Goldstein CFP® | Sep 10, 2014 | Chess Strategies, Decision Making

In his best-selling and controversial book, Blink, Malcolm Gladwell argues that people’s first impressions often trump researched decisions. He opens the book with an exciting account of how a larger-than-life, noseless Greek statue known as the Getty kouros was... Click for more
Simple Tips for Building Your Budget

Simple Tips for Building Your Budget

by Doug Goldstein CFP® | Sep 8, 2014 | Chess Strategies, Financial Plan

Does your budget allow you to pay the bills AND put money into savings every month? If you want to become as “rich as a king,” start dealing with your budget more actively. Limit your possibilities At the opening of a chess game, you have ten possible pieces that can... Click for more
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