by Doug Goldstein CFP® | Dec 6, 2016 | Decision Making, Financial Plan
Before you start investing, you need to know what your net worth is. But what is “net worth,” and how do you calculate it? Your net worth is the sum of the value of everything you own, including your home, car, jewelry, and investments, etc., minus debts, including... Click for more
by Doug Goldstein CFP® | Nov 22, 2016 | Decision Making, Financial Strategies
You know where the idea that simple, small, budgeting techniques can reap huge rewards comes from? Chess, or course. Grandmasters know that they can win a game by making a series of innocuous looking moves, and each of those moves will improve their situation a... Click for more
by Douglas Goldstein | Nov 1, 2016 | Decision Making, Financial Strategies, Podcasts
Despite enjoying popularity on the street, not every “rule of thumb” or popular investing strategy works. A “rule of thumb” is a principle that can be broadly applied to a situation, and by definition, lacks a certain amount of accuracy.... Click for more
by Doug Goldstein CFP® | Oct 13, 2016 | Decision Making, Financial Strategies
What should you do if you made a bad investment? Should you hold onto stocks that aren’t doing well in case they improve, or should you sell them before you lose more money? The answer to this question, which most investors face during their investment career, can be... Click for more
by Doug Goldstein CFP® | Sep 15, 2016 | Decision Making, Strategic Thinking
Money buys happiness…. Or so people would like to think. Imagine a world where that was true. What would it be like to toss a ‘happiness potion’ into your shopping cart with the rest of your groceries? In the real world, however, money can’t buy happiness (ask any... Click for more
by Douglas Goldstein | Sep 6, 2016 | Decision Making, Financial Strategies, Podcasts
What do you need to know before buying a stock? Don’t base your decision on a vague piece of financial news. Look at more specific details, such as a company’s earnings and value. What do these terms mean, and which aspects are important? Find out what a... Click for more
