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How a Waiting Move Can Make You Rich

How a Waiting Move Can Make You Rich

by Doug Goldstein CFP® | Sep 3, 2014 | Chess Strategies, Decision Making

Donald Trump once pointed out that sometimes the best investments are the ones that we don’t make. He was referring to a simple yet effective investment strategy of making a waiting move – sitting back and thinking things through rather than jumping in and... Click for more
The Downside of Using Computer Chess Programs

The Downside of Using Computer Chess Programs

by Doug Goldstein CFP® | Aug 27, 2014 | Chess Strategies, Decision Making

Computers are excellent tools to help determine the next move. A chess computer program runs millions of calculations, determines whether one sequence of tactics has a slightly higher point value than another, and then makes a move. When a computer is playing chess,... Click for more
3 Profit-Making Lessons Learned from Chess

3 Profit-Making Lessons Learned from Chess

by Doug Goldstein CFP® | Aug 25, 2014 | Chess Strategies, Financial Strategies, Strategic Thinking

(A little further on in this article, I’m going to give you a critical free resource that you can use right now in order to start planning your investments like a professional. You’ll love it, so keep reading.) Financial strategy is a long-term vision for how you want... Click for more
The Best Opening Moves in Chess and Investing

The Best Opening Moves in Chess and Investing

by Doug Goldstein CFP® | Aug 20, 2014 | Chess Strategies, Strategic Thinking

Chess grandmasters have developed a large database of the best opening moves. Playing white, your first move gives you a choice of 16 pawn moves and 4 knight moves, for a total of 20 possible first moves. And after that first move, each player can choose from hundreds... Click for more
A Four-Step Strategy for Learning How to Play Chess or Invest

A Four-Step Strategy for Learning How to Play Chess or Invest

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

When you learn how to play chess or invest, you’ll soon find that every move you make must have a purpose. In the book, The Winning Investment Habits of Warren Buffet and George Soros, readers pick up a great piece of George Soros advice: He says that if you’re... Click for more
The Best Opening Moves in Chess and Investing

How to Follow a Chess Grandmaster’s Strategic Goals

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

When you have a clear vision of what you want to do in a game of chess, it is easier to move ahead by building on your idea. Similarly as an investor, it is useful to have a definite objective when you invest so that you can have a clear goal to measure your success.... Click for more
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