Douglas Rice

In addition to writing for the Investopedia, Douglas Rice educates individuals about financial matters in a variety of ways. For those interested in learning more from Rice, start with his blog, Taking Risks and Reaping Rewards, which uses current events to teach underlying financial concepts. It's part of the Business and Finance Blog Network.
Beyond that, more information about his books, seminars and other services can be found at his personal website There you can collect your free copy of one of his books, "Reflections on Conventional Wisdom" (2007). This small book quips famous quotes to provide insight into various financial matters. It provides solid, unbiased, objective views about money and other such matters.

Rice's most recent book, "Create Your Own Personal Financial Plan: A Step-By-Step Method to Organize, Plan, and Manage Your Personal Affairs", has expanded into a one-day seminar that leads individuals and couples thorough the process of creating their own personal financial plans using their own situations and financial data. This results in a more realistic view of their situation, and provides the tools they need to modify and update it going forward. The seminar has received rave reviews from all participants and will be available online soonthrough the Institute of Financial Planning Education.

In addition to writing and seminars, Rice enjoys speaking about money and business topics. He has spoken in 49 states and over 20 foreign countries on various topics. His keynote speech, Money Doesn't Come with Instructions, takes a light-hearted and humorous look at our money foibles and then makes solid suggestions for making better personal financial decisions.

Rice received his Doctorate in Business Administration concentrated in finance from Golden Gate University in San Francisco when he completed his dissertation entitled, Risk Tolerance Measurement - Toward a Uniform Solution. That work found that the way in which risk tolerance is measured, and therefore the way individual asset allocations are derived, has significant flaws which vary from firm to firm. Then it proposes a more uniform measure which, if adopted, would provide a foundation for asset allocation decisions without the bias and errors present in existing instruments.

Rice also holds a bachelor's and master's degree in science and in business administration, and he remains at Golden Gate, teaching a variety of graduate and undergraduate courses in economics, finance and financial planning. Rice completed his CFP certification and Series 65 licensee and is a Registered Investment Advisor.

Outside of work, Rice loves his wife, Brenda, and golden retriever, Buddy. His main hobby is trying to put more laughs into his life and in the lives of those around him. Other hobbies include overcoming very independent-minded golf balls that often decide to go in directions other than where originally intended when first struck.

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    Is it Worth Going Green?

    Going green might make you feel good about your purchases, but it probably won't help your finances.
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    Invest Like Madoff - Without The Jail Time

    This Ponzi scammer's professed strategy has been vilified, but it actually works.
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    Exploring European Options

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    Why Money Market Funds Break The Buck

    These funds are noted for their safety in a rough market. Read on to find out why.
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    Translating "Fed Speak" Into Plain English

    Confused by the Fed's lingo? Find out what it can tell you and learn how to decipher it.
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    5 Overpaid Jobs

    Looking at whether someone else could do the same job for less pay, we find some surprising overpaid jobs.
  7. Retirement Savings

    $1 Million: Does It Still Mean You're Rich?

    Being a millionaire used to mean you were on top of the world, but now it means you're still climbing the ladder.
  8. Taxes

    Even Millionaires Go Bankrupt

    It shouldn't shock people that millionaires go bankrupt. Once you become a millionaire, there are a million ways to lose ...
  9. Markets & Economy

    5 Ways To Spot The Next Stock Bubble - And Avoid It

    Playing a market bubble could pay off, but it carries a lot of risk. Avoiding it could be the way to stay profitable.
  10. Retirement Savings

    Is Social Security Set To Fail?

    No politicians want to touch this issue, but many Americans have serious reason for concern.
  11. Markets & Economy

    The Federal Reserve: Too Powerful?

    The Federal Reserve needs its power in order to make the tough decisions that politicians can't.
  12. Mutual Funds

    The Secret To Consistent Returns In Any Market

    Despite the market’s recent volatility, there are some investors who haven’t seen negative returns. Learn their secret.
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    9 Weird Companies That Hit The Big Time

    From shipwreck explorers to bowling lanes, just about any company can be publicly traded.
  14. Retirement Savings

    Maxing Out Your 401(k): Does It Pay?

    In the long-term, many people will see the benefits of maxing out a 401(k) contribution. Is it right for you?
  15. Pensions

    Can You Count On Your Pension?

    We look at how to determine the health of your company's pension plan, and what to do if things are looking grim.
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