by Doug Goldstein CFP® | Jun 4, 2015 | Financial Plan, Financial Strategies
Don’t play a game you don’t understand Misunderstandings can be expensive. In the sixth episode of the Rich As A King podcasts, I talked about the importance of only playing a game you understand. (To listen, click here.) Just like in chess, where it is important to... Click for more
by Doug Goldstein CFP® | May 28, 2015 | Decision Making, Financial Strategies
Investors can make a profit when the market drops. Every trade has two sides, the buyer and the seller. They buyer thinks his investment has reached its peak and wants to get rid of it, and the seller believes the investment hasn’t yet reached its greatest value and... Click for more
by Douglas Goldstein | May 19, 2015 | Chess Strategies, Financial Strategies, Podcasts
What is ROI, and how is it connected to how you invest? One meaning is “Return on Investment,” but in this podcast you will learn another meaning of this acronym that will teach you an important lesson in both chess and investing. To listen to this... Click for more
by Doug Goldstein CFP® | May 14, 2015 | Financial Plan, Financial Strategies
Your time is your most valuable asset Correct time management can help you get ahead with your investments, just like it can help you win a game of chess. In order not to find yourself performing carelessly because you feel rushed, it is crucial to learn to treat time... Click for more
by Doug Goldstein CFP® | May 7, 2015 | Financial Strategies
There are two methods of budgeting: monthly budgeting and annual budgeting. Although both ways are possible, I favor annual budgeting, since it gives you a more accurate picture of your expenses. Here’s why: Look at the big picture When dealing with budgeting, it is... Click for more
by Douglas Goldstein | May 5, 2015 | Chess Strategies, Financial Strategies, Podcasts
What’s the difference between efficiency and effectiveness? And which one is more important? This week’s podcast can help you better define your chess and investing strategies. To listen to this podcast, click here Or you can download the Rich As A King... Click for more
