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Effective Thinking – Do You Think the Right Way?

Effective Thinking – Do You Think the Right Way?

by Doug Goldstein CFP® | Sep 29, 2014 | Decision Making

How does effective thinking affect the way you make your decisions? And what are the thinking skills you need in order to gain results? Watch this interview with Professor Edward Burger, president of Southwestern University and co-author of Five Elements of Effective... 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
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
Why Strategic Thinking is Important

Why Strategic Thinking is Important

by Doug Goldstein CFP® | Aug 18, 2014 | Decision Making, Inspirational Quotes, Strategic Thinking

The low correlation between current events and long-term performance, along with a deluge of information, causes stress and often leads to poor financial decisions. Taken from Chapter 1of Rich As A King, “Avoid These Mistakes and You’re Halfway... Click for more
Fear can paralyze you

Fear can paralyze you

by Doug Goldstein CFP® | Nov 27, 2013 | Behavior finance, Decision Making

Fear can paralyze you. But what about fear is it that causes you to freeze, unsure about your next move. Is it fear of the unknown, fear of making the wrong decision, or fear of not being able to properly manage a situation? Some people are better decision makers than... Click for more
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