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The Most Important Financial Tactic That Is Often Overlooked

The Most Important Financial Tactic That Is Often Overlooked

by Doug Goldstein CFP® | Dec 5, 2017 | Decision Making, Financial Plan

Here’s an important financial tactic that is often overlooked, but can help boost both your bottom line and your performance on the chessboard: Use your head! Don’t run on automatic pilot. Be aware of what you’re doing and put clear thought and consideration into... Click for more
Use a Monte Carlo Simulation to Improve Your Portfolio – and the Way You Play Chess

Use a Monte Carlo Simulation to Improve Your Portfolio – and the Way You Play Chess

by Doug Goldstein CFP® | Sep 26, 2017 | Asset Allocation, Financial Plan

One great tool for assessing the probability of risk and future success is the Monte Carlo simulation. This is true in both chess and personal finance. What is a Monte Carlo simulation, and how can it help you plan ahead? No one knows the future A Monte Carlo... Click for more
3 Financial Moves to Make Now for a Great Retirement – Rich As A King Episode 146

3 Financial Moves to Make Now for a Great Retirement – Rich As A King Episode 146

by Douglas Goldstein | Sep 19, 2017 | Chess Strategies, Financial Plan, Podcasts

What are three financial moves that you can make now to ensure that you will have a comfortable retirement? Consider basing your financial moves on chess strategies. You can adapt chess maneuvers to put your finances in order and prepare for retirement. Download this... Click for more
Why You Don’t Need a Perfect Plan to be a Successful Investor – Rich As A King Episode 145

Why You Don’t Need a Perfect Plan to be a Successful Investor – Rich As A King Episode 145

by Douglas Goldstein | Sep 5, 2017 | Decision Making, Financial Plan, Podcasts

Do you need a perfect plan to be a successful investor? You might be surprised to hear the answer is NO! It’s possible to be a successful investor, even without the perfect plan. As a matter of fact, there is no such thing as a “perfect plan” since... Click for more
Why It’s Important to Know Your Risk Level before You Invest

Why It’s Important to Know Your Risk Level before You Invest

by Doug Goldstein CFP® | Jul 4, 2017 | Financial Plan

Understanding your risk level is one of the most important parts of financial planning. Here’s why: Imagine you’re playing chess and you’re about to move your queen to a particular square. Making this specific move may put pressure on your opponent’s king, but when... Click for more
How to Protect Your Money from a Market Crash

How to Protect Your Money from a Market Crash

by Doug Goldstein CFP® | Jun 20, 2017 | Chess Strategies, Financial Plan

Market crashes are inevitable. Just as they happened in the past, they are also likely to occur again in the future. So what should you do to protect yourself from a volatile market? Chess strategy can help you deal with volatile markets The following anecdote, from... Click for more
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