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Why You Need to Set Realistic Financial Goals

Why You Need to Set Realistic Financial Goals

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
How to Recover If You Miss a Fabulous Investment Opportunity – Rich As A King Episode 122

How to Recover If You Miss a Fabulous Investment Opportunity – Rich As A King Episode 122

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
3 Things You Need to Know Before Buying a Stock – Rich As A King Episode 119

3 Things You Need to Know Before Buying a Stock – Rich As A King Episode 119

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
Why the Disposition Effect Can Make You Sell the Wrong Stock

Why the Disposition Effect Can Make You Sell the Wrong Stock

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
How to Talk About Money with Your Spouse

How to Talk About Money with Your Spouse

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
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Recent Posts

  • How to Recover From a Financial Loss May 22, 2018
  • Why You Need to Set Realistic Financial Goals May 8, 2018
  • How to Strengthen Your Investments by Doubling Your Power April 24, 2018

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