The Investor Coaching Show with Paul Winkler

In the United States, very few investment advisors are actually Certified Financial Planners, whereas, other countries require the equivalent education as the lowest standard for giving financial advice. Today, Paul and his team explain why an advisor’s education experience is directly correlated to what kind of help they can actually offer you and what you should expect from someone you are trusting with your investments. Upcoming WebinarFor individuals and families with special needs, having a financial plan that addresses those needs is crucial. So sign-up for our webinar, “Special needs families require specialized planning” here: https://www.paulwinkler.com/webinar/

Have you ever been asked by a financial planner to fill out a risk tolerance questionnaire? In today’s episode, Paul spends some time explaining the nuances of risk tolerance, how it’s usually measured inaccurately, and what an investor needs to keep in mind to make more informed decisions about risk and return. Upcoming WebinarFor individuals and families with special needs, having a financial plan that addresses those needs is crucial. So sign-up for our webinar, “Special needs families require specialized planning” here: https://www.paulwinkler.com/webinar/

Everyone has seen advertisements for gold as an investment. On today's episode, Paul explains what an investment actually is: someone paying you to use your money. In this episode, Paul plays an advertisement for gold and breaks it apart to show that buying gold is not actually investing money. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

In this two-part interview, Paul interviews Catherine Holton, an expert in reverse mortgages. Paul and Catherine cover the many uses for reverse mortgages, what kind of properties qualify, and why Catherine calls them the “sleep-better-at-night” mortgage. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

In this two-part interview, Paul interviews Catherine Holton, an expert in reverse mortgages. Paul and Catherine cover the many uses for reverse mortgages, whether or not these are a scam and why Catherine calls them the “sleep-better-at-night” mortgage. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Many think that wealthy people are great investors. In fact, until recently, personal income was the only requirement for being an accredited investor. Now, a new group of people can be considered—people with certain education experience. This leaves you with two groups: those with wealth and no education on the one hand, and those with education and no wealth on the other. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Paul Winkler and Jim Wood revisit an episode from last week where they tackled the tax credit in Biden’s new proposal regarding 401(k) plans. After some more research, Paul clarifies what Biden’s plan actually proposes and the specific tax implications it brings. Listen along to hear how this proposal would affect 401(k) plans. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Today, Paul and Evan address a tax issue people may not be used to facing in their normal working situation. Evan explains that income tax is charged from the place you are while you are working. Commute across state lines for work? You pay income taxes in the state you commute to, but what happens if you now work from home? Listen along to learn how people now need to prepare for paying taxes and how some of those who work from home are coming up with strategies to pay less. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

This week the Dow Jones Industrial Average announced a huge shake up removing a few companies like Exxon, Raytheon and Pfizer. In this episode, Paul and his team talk about the Dow’s historical performance, how it chooses its companies and what can happen to a company after they’ve been chosen or kicked out. Do you really want your financial future to depend on these companies? Listen along to learn more. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Want to pull everything out of the market and hold onto cash? Not so fast. The Federal Reserve has officially taken an inflation friendly stance. Today, Paul and his team explain the effects of inflation on your money and why the market has been arguably the most powerful wealth creator in the history of mankind. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.