by Doug Goldstein CFP® | Aug 15, 2017 | Decision Making
Some people treat market trends like any other kind of fashion. Just as many people dress in a certain style because it’s popular, some investors choose a particular type of investment or react in a particular way to the markets because “everybody’s doing it.” But is... Click for more
by Douglas Goldstein | Jul 25, 2017 | Decision Making, Podcasts
When looking to invest in great mutual funds or make any other investment decisions, understand what “survivorship bias” and “creation bias” are and how these can become potential pitfalls. Biased decision-making can also affect the world of... Click for more
by Douglas Goldstein | May 16, 2017 | Decision Making, Podcasts, Strategic Thinking
When playing chess and investing, it’s a good idea to measure your results by looking at performance metrics. But why are metrics important? Find out how measuring performance improves efficiency. If you can measure it, you can improve it! This financial podcast... Click for more
by Douglas Goldstein | May 2, 2017 | Decision Making, Financial Plan, Podcasts
One of the reasons investing in the stock market is so difficult is because we can’t predict the future. The trick is to use hindsight to help you determine what will be. While past performance is never a guarantee of future results, if you were able to invest... Click for more
by Doug Goldstein CFP® | Apr 13, 2017 | Chess Strategies, Decision Making, Inspirational Quotes
What makes a player win in chess? Is there a special, secret formula that always guarantees victory? As chess is a multifaceted game, there’s no one uniform tactic or strategy that works for every single player all the time. Every player has his or her own unique... Click for more
by Doug Goldstein CFP® | Feb 28, 2017 | Chess, Decision Making
The way you play chess can shed light on how you manage your money. If you are a careful chess player and keep track of your moves, you might find a budgeting tracker a useful tool. In chess, you have a set number of pieces. In order to win, you need to use each piece... Click for more