by Doug Goldstein CFP® | Dec 3, 2014 | Behavior finance, Financial Strategies
Dave Ramsey’s ‘Debt Snowball’ hits the target Being in debt is rarely a good idea, and even if you have just a limited number of obligations, it’s wise to start paying them off before they snowball out of control. The debt snowball Dave Ramsey, one of the most... Click for more
by Doug Goldstein CFP® | Nov 17, 2014 | Behavior finance, Chess, Financial Strategies
When starting a game of chess, the first moves are often referred to as “the opening.” Over time, various kinds of chess openings have developed, with their own names, including the Sicilian opening, the Ruy Lopez opening, the Queen’s Gambit, the English opening, the... Click for more
by Doug Goldstein CFP® | Nov 3, 2014 | Chess, Chess Strategies, Financial Strategies
In chess, a “fork” isn’t an eating utensil; rather, it’s a move that puts you in a position so that you can win from more than one angle. Placing yourself in a location for a strategic gain is not only a good tactic for chess, but is useful for every aspect of life.... Click for more
by Doug Goldstein CFP® | Oct 23, 2014 | Financial Strategies
My wife’s grandmother tells of the days when her CDs earned double-digit interest. Those days are no more. So how can you plan for retirement with low interest rates? Take a lesson from chess players: they follow a multi-pronged strategy to protect their king rather... Click for more
by Doug Goldstein CFP® | Oct 13, 2014 | Financial Strategies
Finding a successful money management strategy is an important part of financial planning. John O’Connor, president and chief investment officer of 3-D Asset Management, talks about Separately Managed Accounts (SMAs) and how this works as a financial strategy in this... Click for more
by Doug Goldstein CFP® | Oct 6, 2014 | Behavior finance, Financial Strategies
One of the best ways to lose a game of chess is getting stuck in a bad position on the chessboard. Logic dictates that if there’s no foreseeable benefit in leaving your chess piece where it is, you should move it somewhere else. Yet for some reason, many people seem... Click for more
