by Doug Goldstein CFP® | Sep 24, 2014 | Financial Plan, Financial Strategies
“Every pawn is a potential queen,” said James Mason, an Irish chess player who died about 100 years ago. Even though pawns can only move in one direction, their strength is in their potential. Mason understood a critical fact in both chess and investing: Care for your... Click for more
by Doug Goldstein CFP® | Aug 25, 2014 | Chess Strategies, Financial Strategies, Strategic Thinking
(A little further on in this article, I’m going to give you a critical free resource that you can use right now in order to start planning your investments like a professional. You’ll love it, so keep reading.) Financial strategy is a long-term vision for how you want... Click for more
by Doug Goldstein CFP® | Aug 11, 2014 | Financial Plan, Financial Strategies, Strategic Thinking
Chess is a game of strategy, and part of strategic thinking is figuring out what your opponent will do. Often, you may mistakenly assume that your opponent thinks the way you do. However, for all you know, your opponent is thinking of something completely different... Click for more
by Doug Goldstein CFP® | Jul 24, 2014 | Chess Strategies, Financial Strategies, Strategic Thinking
When you learn how to play chess or invest, you’ll soon find that every move you make must have a purpose. In the book, The Winning Investment Habits of Warren Buffet and George Soros, readers pick up a great piece of George Soros advice: He says that if you’re... Click for more
by Doug Goldstein CFP® | Jul 22, 2014 | Chess, Chess Strategies, Financial Strategies, Strategic Thinking
When you have a clear vision of what you want to do in a game of chess, it is easier to move ahead by building on your idea. Similarly as an investor, it is useful to have a definite objective when you invest so that you can have a clear goal to measure your success.... Click for more
by Doug Goldstein CFP® | Jul 8, 2014 | Financial Plan, Financial Strategies, Strategic Thinking
A grand duke was marching through the forest with his entourage of hunters when he spotted several trees, each with an arrow stuck exactly in the middle of a large painted target. Amazed, he instructed his men to find the archer who had shot so accurately. They soon... Click for more
