by Douglas Goldstein | Nov 15, 2016 | Behavior finance, Financial Strategies, Podcasts
What’s the difference between a casino and the stock market? On this week’s financial podcast, find out why the odds are much better if you invest your money in the stock market than if you try to make a huge win at a casino. Learn how to determine your... Click for more
by Douglas Goldstein | Nov 1, 2016 | Decision Making, Financial Strategies, Podcasts
Despite enjoying popularity on the street, not every “rule of thumb” or popular investing strategy works. A “rule of thumb” is a principle that can be broadly applied to a situation, and by definition, lacks a certain amount of accuracy.... Click for more
by Doug Goldstein CFP® | Oct 26, 2016 | Financial Strategies
In both chess and investing, a large focus is put on protecting your most important pieces, or core assets. These are the pieces (or financial assets) that are crucial to your success. In chess, the king is the most important piece on the board. When he is lost, the... Click for more
by Douglas Goldstein | Oct 19, 2016 | Financial Strategies, Podcasts
What happens if you miss an investment opportunity? Are you doomed to have lost the chance to have made money? Luckily, successful investing rarely involves making once-in-a-lifetime choices. The majority of Wall Street wealth was not made timing the market.... Click for more
by Doug Goldstein CFP® | Oct 13, 2016 | Decision Making, Financial Strategies
What should you do if you made a bad investment? Should you hold onto stocks that aren’t doing well in case they improve, or should you sell them before you lose more money? The answer to this question, which most investors face during their investment career, can be... Click for more
by Douglas Goldstein | Oct 5, 2016 | Financial Strategies, Podcasts
If markets fall, and your stock portfolio takes a beating, don’t despair. On this episode of Rich As A King, find out why it’s important to stick to your strategy even when things go wrong. Falling stock prices isn’t the main threat to your... Click for more
