by Doug Goldstein CFP® | May 8, 2018 | Decision Making, Strategic Thinking
If you want to be a successful investor, your first step is to create and follow realistic financial goals. Why is this important? When people invest without a particular goal in mind, their investments lack focus and they change strategies frequently. A clear goal... 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 Douglas Goldstein | Sep 6, 2016 | Decision Making, Financial Strategies, Podcasts
What do you need to know before buying a stock? Don’t base your decision on a vague piece of financial news. Look at more specific details, such as a company’s earnings and value. What do these terms mean, and which aspects are important? Find out what a... Click for more
by Doug Goldstein CFP® | Apr 14, 2016 | Behavior finance, Decision Making
If you are thinking of selling an investment, beware of the disposition effect. This occurs when investors hold onto their losing investments for too long and sell their winners too soon. The disposition effect often causes investors to sell the wrong investment. What... Click for more
by Doug Goldstein CFP® | Mar 31, 2016 | Decision Making
Even if you have a close relationship, it is often tricky to talk about money with your spouse. And tactful conversations get more challenging when you think your spouse is making financial mistakes. Here are some core rules for discussing money with your spouse, so... Click for more