by Doug Goldstein CFP® | Feb 4, 2016 | Decision Making, Financial Strategies
Looking at investment risk before buying/selling a stock/bond can be compared to a chess player who looks for weaknesses on the board before making a move. A good chess player doesn’t automatically assume that the queen is the strongest piece, or that the pawn is the... Click for more
by Douglas Goldstein | Feb 2, 2016 | Decision Making, Financial Strategies, Podcasts
Transferring credit card balance is probably something Walter Cavanagh, the holder of the world’s record of having the most credit cards, never had to do. (He only uses one card and pays it off in full at the end of the month.) While someone has to hold the title... Click for more
by Douglas Goldstein | Jan 19, 2016 | Financial Plan, Financial Strategies, Podcasts
An economic problem that targets senior citizens: generally older people have a low tolerance for risk. This can translate into investments with lower returns, which means they might not “make enough” in order to meet their needs. Is there a solution to this economic... Click for more
by Doug Goldstein CFP® | Jan 14, 2016 | Decision Making, Financial Strategies
When was the last time you spoke to your children about money? A financial education is an important foundation for success later on in life. Just like in chess, where a strong and solid opening at the beginning of the game ensures a steady position in the future, a... Click for more
by Douglas Goldstein | Jan 5, 2016 | Decision Making, Financial Strategies, Podcasts
How much do you know about mutual funds? In this second half of a two-part series on mutual funds (for the previous episode click here), Doug explains what mutual funds are and how an individual investor can profit by investing in them. He reveals an important... Click for more
by Doug Goldstein CFP® | Dec 31, 2015 | Decision Making, Financial Strategies
A stock’s risk is more than just its price plummeting. Understanding all the risks in buying a stock can help you decide whether it is appropriate for you. Here are four types of risk to consider before buying a stock: Commodity price risk Commodity trading impacts... Click for more
