The Investor Coaching Show with Paul Winkler

Today, Paul talks about strategies Russia is employing to put pressure on the West’s gas and food supply. Listen along to hear why Russia is likely playing with fire and why the long-term solution to the supply chain of energy is a diversification of energy sources, not world peace or the promise of something new. Later in the episode, Paul explains why you shouldn’t only look up reviews or ratings of investments like you do for other consumer products. 

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Everyone knows that rising interest rates can help stop inflation, but raising the interest rates is an unpopular topic, and political leaders avoid it whenever possible. Today, Paul and Michael talk about why the best perspective is a long-term perspective and why the fear of what’s right in front of you hurts your ability to thrive. Listen along to hear why keeping the end in mind works so well in your personal and financial life.

Today, Paul answers a listener who wants to know if he has to wait until he’s 70 1/2 to make a QCD in December or if he can make it now. Paul shares some helpful tips for getting the most out of your RMD and some research about whether it’s typically better to take your RMD every month or at the end of the year. Paul encourages you to make qualified charitable distributions (QCDs) to get the most out of your RMD. Later in the episode, Paul addresses Fidelity allowing investors to put Bitcoin in their 401(k) accounts.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

If you don’t understand best practices for taking an income from your portfolio, you fall prey to financial products and strategies that promise peace of mind but can hurt your investments. Today, Paul connects the dots between the earnings yields of the companies in your investments and the amount you can take in income. Later in the episode, Paul explains how practices around taking an income are informed by the history of the market, not just one year or even one decade.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Everyone knows that rising interest rates can help stop inflation, but raising the interest rates is an unpopular topic, and political leaders try to avoid it. Today, Paul and Michael talk about why the long-term perspective is best, and why the fear of the immediate hurts your ability to thrive. Listen along to hear why keeping the end in mind works so well in your personal and financial life.

Paul and Ira make a connection between how both car companies and fund companies sell products. Listen along as Paul explains how car companies use social pressure, new technology, performance, and high gas prices to convince you to buy electric cars while avoiding any mention of safety hazards or environmental downsides. They agree that this is exactly like fund companies who take advantage of opportunities to get you rattled so you will buy new products.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Knowing how much income you can take from your investments helps you understand how much you should save. Paul explains that the investment industry seems to believe the 4% rule is too aggressive because of current market conditions. Listen along as Paul shares why the 4% rule is still conservative when a portfolio has been set up the right way and encourages listeners to understand the difference between being aware of market trends and panicking about changes.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Owning the wrong kinds of bonds can be painful in the investing process. Today, Paul addresses the problem with municipal bonds. Listen along to hear about the purpose of bonds in a portfolio and the many risks associated with municipal bonds, which traditionally give lower returns than equities but still offer a higher risk on principal than other bonds. Paul also addresses how the tax benefits pull investors in. Later in the episode, Paul shares an article from a Princeton professor: “Burton Malkiel: Does ESG Investing Deliver on Its Promises?”

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul shares a study that confirms the younger generation is saving more for retirement earlier than previous generations. Paul is encouraged but still worried about what they’re investing in. Paul explains that younger investors rightly feel like they are on the hook for their retirement because of their lack of trust in pensions, 401(k)s, and Social Security to provide a secure retirement for them. Listen along to hear why Paul agrees and why starting now and planning well are so important.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul talks about how Wall Street firms are buying thousands of middle Tennessee homes to rent. Listen along to hear how these firms can package these homes as investments and why Paul doesn’t encourage investors to purchase real estate investments like these. Later in the episode, Paul addresses whether dividend stocks help combat inflation.

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