The Investor Coaching Show with Paul Winkler

The end of the year is coming, which means it’s time for pundits and financial gurus to share their market predictions for 2024 in newspapers, on television news shows, and over social media. Today, Paul brings two opposite predictions for 2024, as well as a slew of predictions for 2023 that never materialized. Listen along as Paul, Evan, and Arlene talk about their frustration with these kinds of predictions and why you would never want to make a decision that could affect you for decades based on market predictions like these. Later in the episode, Paul and Evan talk about the difference between an investment strategy that keeps you from paying extra in taxes and a strategy that jumps through all kinds of hoops to avoid paying taxes.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Paul brings an article called, “6 Conversations About Money to Have With Your Family Over the Holidays.” Listen along and Paul, Evan, and Ira talk about why checking in and sharing some of your financial wisdom with family around the holiday can have a long-lasting benefit. Listen along as these advisors cover topics like predatory companies and scams, budgeting, and long-term care plans. Later in the episode, Evan and Paul talk about how avoiding stock in companies you don’t believe in is practically the same as choosing to own stock in companies that you do believe in. 

Elon Musk understands what it takes to make a major technological advance succeed — buy-in from a majority of companies and consumers in the marketplace. Today, Paul, Evan, and Arlene talk about why Musk’s companies work as open-source and share as much of the intellectual property around batteries and rocket thrusters as possible. Listen along as Paul explains how this benefits both the economy and Musk’s companies, and as Evan helps investors understand that the cost Tesla and SpaceX incur on research and development will benefit thousands of companies that were able to avoid those costs. Later in the episode, the advisors talk about how four former employees sued the company they worked for because they don’t like the return in their 401(k).

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

With so many advisors being educated on money and investing by insurance companies and investment firms who want to sell products, Paul realized that it is now the investors’ job to understand how their life savings are being managed. In a two part episode, Paul gives you some practical tips on how to judge whether or not your investments and your advisor are leading you in the right direction. Listen along as Paul shares how your statements will either tell you that you're properly diversified and on track or that your advisor is market timing and speculating with your money.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

With so many advisors being educated on money and investing by insurance companies and investment firms who want to sell products, Paul realized that it is now the investors’ job to understand how their life savings are being managed. In a two part episode, Paul gives you some practical tips on how to judge whether or not your investments and your advisor are leading you in the right direction. Listen along as Paul shares how your statements will either tell you that you're properly diversified and on track or that your advisor is market timing and speculating with your money.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Evan and Anne talk about the holidays and why it’s a time when most people choose to give. Anne and Evan talk about why expressing generosity doesn’t just have to be through giving money. Evan explains some of the ways that an advisor can work with you if you do choose to express your values through giving financially without hurting your financial plan. Later in the episode, Evan shares an article trying to convince investors that real estate investments will help investors beat inflation. 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

In the last few months, the two largest crypto exchanges have been found guilty of fraud and money laundering. Today, Paul brings Evan and Anne on to the show to talk about Binance’s CEO pleading guilty to money laundering late last week. Listen along as these advisors shed some insight into what is going on in the world of crypto right now and how these companies lured in and hurt people who thought they were investing. Later in the episode, Paul talks about how most Americans are getting to the top of their borrowing ranges.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Paul invites Evan and Anne onto the show to talk about the holidays and how consumers felt about Black Friday this year. Paul brings an article from MarketWatch that highlights a growing gap in desired income between generations. A new poll of millennials revealed that millennials think they need over half a million dollars each year in income to be happy and live their ideal lives. Listen along as these advisors talk about the tension that comes from putting a price on happiness and how your income impacts your sense of well-being. Later in the episode, Paul talks about why you shouldn’t worry about getting too old and highlights some of the historical events and technological advances someone who is 100 years old has experienced in their lifetime. 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Today, Michael brings in a type of product that is becoming heavily marketed to younger investors: crowdfunded real estate. The sales pitch often sounds like this: “The wealthiest investors own real estate. Until now, you needed hundreds of thousands of dollars to get started, but you can start investing in real estate today with only a few hundred through crowdfunded real estate projects.” Listen along as Paul and Michael unpack this sales pitch, talk about the risks, and explain why this isn’t a new concept, but an older one that has been rebranded.

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

With the holidays quickly approaching, Paul and Michael pause for a moment to reflect on how companies are going to use the happy feelings the holidays bring to market their products and convince you that the holidays will be better with their product. Listen along as the two advisors talk about why it’s so important to unplug from technology and focus on what matters most. Later in the episode, Paul tries to clear up the question: What happens to the credit card debit of someone who has just passed away?

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.