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The One Move You Need to Make to Become Rich

The One Move You Need to Make to Become Rich

by Doug Goldstein CFP® | Jul 7, 2014 | Chess Strategies, Financial Strategies

What I learned during a chess game I recall one particular end game where my king was trapped behind my own pieces. Although I was in a strong position with enough material strength to fend off defeat, victory didn’t appear to be in my grasp. It looked like a draw. My... Click for more
Warning: Do You Know The Relative Value Of Your Chess Pieces?

Warning: Do You Know The Relative Value Of Your Chess Pieces?

by Doug Goldstein CFP® | Jul 3, 2014 | Chess, Chess Strategies, Financial Strategies, Strategic Thinking

Understanding value is essential for estimating risk in both chess and investing. The most valuable chess piece is the queen. It combines the power of a rook with the power of two bishops. A rook can move either horizontally or vertically, while a bishop can move... Click for more
The Top 3 Things to Decide Before Investing

The Top 3 Things to Decide Before Investing

by Doug Goldstein CFP® | Jun 26, 2014 | Chess, Financial Strategies, Strategic Thinking

How safe is your chess game from falling apart after a few opening moves? And, by the same token, how safe is your investment from incurring unexpected losses after just starting out?  This depends on how well you play the game or how much you know about investing. In... Click for more
Green Hat Thinking: How To Invest Like An “Imagineer”

Green Hat Thinking: How To Invest Like An “Imagineer”

by Doug Goldstein CFP® | Jun 25, 2014 | Chess, Financial Strategies, Strategic Thinking

When you’re creative, you can innovate, see new possibilities, and think up new solutions. This is the role of the Green Hat— another hat in the collection of thinking styles that Professor Edward de Bono developed in his “Six Thinking Hats” model. Previously, I... Click for more

Rich as a King Episode 4 – One Tactic a Top Money Manager Says You Should Do Now

by Douglas Goldstein | Jun 24, 2014 | Financial Strategies, Podcasts

Meet John O’Connor, president of 3-D Asset Management and learn a top tactic for successful investing and money management.... Click for more
Avoid Clueless Investing With This Thinking Strategy

Avoid Clueless Investing With This Thinking Strategy

by Doug Goldstein CFP® | Jun 24, 2014 | Chess, Chess Strategies, Financial Strategies, Strategic Thinking

When you see the big picture, you can plan your next move. Learning how to do this is called “Blue Hat” thinking, a thinking strategy explained by Edward de Bono in his remarkable “Six Thinking Hats” model. I recently blogged about Red Hat thinking, an intuitive grasp... Click for more
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