by Doug Goldstein CFP® | Feb 19, 2015 | Chess, Decision Making, Financial Plan
One of the most important elements of both chess and investing is making clear decisions. Internet search engines are commonly asked questions “What is the best mutual fund?” “What is the best dividend producing stock?” “What bond should I buy?” How do you know if you... Click for more
by Doug Goldstein CFP® | Jan 15, 2015 | Chess Strategies, Financial Plan, Strategic Thinking
One of the most crucial moves in chess is castling. This is where you move the rook and king at the same time in a way that they cross paths, moving the king to a protected space behind a detachment of strong defending pieces. Castling is often done close to the... Click for more
by Doug Goldstein CFP® | Dec 31, 2014 | Financial Plan, Strategic Thinking
When drawing up a financial plan, the first step that you need to take is setting goals. As Yogi Berra said, “If you don’t know where you are going, you’ll end up someplace else.” So before you begin planning your financial future, decide what your ultimate objectives... Click for more
by Doug Goldstein CFP® | Dec 29, 2014 | Decision Making, Financial Plan
Is Being Rich a Status or a Feeling? Feeling rich isn’t always related to how much money you have. As a financial advisor for more than 20 years, I’ve met multimillionaires who are dissatisfied with what they have, and I’ve encountered people living... Click for more
by Doug Goldstein CFP® | Dec 8, 2014 | Financial Plan, Financial Strategies
Financial Guru Dave Ramsey’s Baby Steps to financial freedom have a huge emphasis on savings: first building an emergency fund, then retirement savings, college savings, etc. It may seem as if there is no end to the amount of savings someone needs. But eventually, one... Click for more
by Doug Goldstein CFP® | Dec 1, 2014 | Chess Strategies, Financial Plan
An emergency fund is one of the most important strategies that any investor needs. As financial guru Dave Ramsey writes in his Seven Baby Steps for Getting Out of Debt, an emergency fund is necessary for “those unexpected events in life that you can’t plan for.”... Click for more
