Rich As A King

What happens when the game finishes? This is the last Rich As A King podcast. But, you can still listen to other great financial podcasts and learn essential strategies for managing your money. Here's another great online resource for you – The Goldstein on Gelt Show. On this personal finance podcast, I invite a guest to share his ideas and strategies for investing and personal finance. Each show includes a discussion with an expert on how to invest for success. Popular episodes feature Daniel Kahneman, Pat Flynn, and Suze Orman. Find out what else this twice-weekly show, also hosted by Douglas Goldstein, can offer you.

Apply chess strategy to your investment plan:

When you want to win, stick with what works.

Listen to this financial podcast to find out how to understand which investing tools and strategies work best for you and how to use them most effectively.

What helped Susan Polgar win at chess over and over again? She began winning chess at age four, and became the first woman in chess history to achieve the title of grandmaster.

Find out what strategy she used to win at chess, and how you can use the same strategy to stay ahead even when the market knocks you down.

What is one of the worst financial risks?

How about losing money in high tax payments.

You can prevent this from happening by putting some of your earnings into a tax-deferred investment. Find out how this helps by looking at the knight on the chessboard, which performs best when it finds a square in enemy territory that can't be touched by your opponent's pawns.

If you are thinking of investing in gold, you can either buy physical gold or put your money into a gold ETF. Which is better? What are the advantages and disadvantages of each? If you are thinking of investing in gold, find out how to protect yourself against potential fraud and the actual costs of storing gold. How much does it cost to insure gold? Listen to what you need to know about investing in gold on this financial podcast.

To invest in stocks, you need to know how to choose the ones that are best for you. In this financial podcast, apply Susan's way of choosing which chess pieces to move on the board to determine which stocks to buy. Once you've chosen your stocks, decide how involved you want to be with managing your investments and take a look at the different options that are available to you.

Do you use a defensive strategy when you play chess or manage your finances?

Chess grandmasters use defensive tactics to prevent their opponents from having any chance of successful attack. Listen to this podcast to get tactics you can use to defend your investments, as well as your chess pieces.

The opposite of being defensive is being aggressive. Listen to The Goldstein on Gelt Show from 10/2/17 to get the free download "You Don't Even Know How Aggressive an Investor You Really Are."

What are three financial moves that you can make now to ensure that you will have a comfortable retirement?

Consider basing your financial moves on chess strategies. You can adapt chess maneuvers to put your finances in order and prepare for retirement. Download this financial podcast to learn a how to apply chess moves to your finances.

Longer lifespans mean longer retirements. Therefore, in order not to run out of money, it's critical to prepare properly. For more about preparing for retirement in the "age of longevity," listen to my interview with Professor Andrew Scott, author of The 100-Year Life: Living and Working in an Age of Longevity.

Do you need a perfect plan to be a successful investor?

You might be surprised to hear the answer is NO! It's possible to be a successful investor, even without the perfect plan.

As a matter of fact, there is no such thing as a "perfect plan" since investors need to be flexible enough to react to market changes.

Action is the key to becoming a successful investor. Compare it to a successful chess player who doesn't spend the whole game dreaming about the best moves. He acts while the clock is ticking.

Act now, and listen to this podcast about how to be a successful investor.

When is the best time to invest?

When the markets go up or down? This financial podcast explains why timing the market may not be the best investing strategy.

The best chess players don't let their emotions affect their performance on the board. Learn how to transfer that knowledge to the finance world, and get tips on how to be objective when making financial decisions.