The Investor Coaching Show with Paul Winkler

A listener emails the show and wants some advice, saying, “I’m watching my portfolio go down in value, and I’m wondering if now would be a good time to take my money out and put it in a two-year CD at 5% interest”. Paul and Ira jump in to explain why 5% may sound tempting, but a two-year CD is not a wise investing move right now. Listen along to hear these advisors explain why periodically checking in on your portfolio’s performance creates temptations for investors, and why getting out of the market is the same as selling low and locking in your losses. Later in the show, Paul shares some insight from a workshop he likes to teach called “Why Investors Fail.”

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

A survey finds that out of 100 people with 401(k)s, only 60 people choose to invest, and almost half of those investing don’t know what they’re invested in. Ira thinks that number is low because after selling mutual funds for the first 17 years of his career, he didn’t even know what was in the funds he was selling. Today, Paul and Ira admit that American workers as a whole are bad at saving and investing, but that’s partially due to a financial industry and culture that works to confuse you and eat at your peace of mind. Listen along as these advisors explain how to start taking control of your education around money so you can begin to relax about money. Later in the episode, Paul shares that mortgage demand has dropped to a 27-year low.

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

It’s easy to get overwhelmed about your expenses and your income and start to believe that you’ll never learn how to save or experience financial freedom. Today, Paul addresses these topics with the advice he received earlier in his life that changed his financial journey. Listen along to this two-part episode as Paul shares some easy budgeting hacks that will lower your stress and help you simplify your personal finances, increasing your chance of following through with your plan. 

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

It’s easy to get overwhelmed about your expenses and your income and start to believe that you’ll never learn how to save or experience financial freedom. Today, Paul addresses these topics with the advice he received earlier in his life that changed his financial journey. Listen along to this two-part episode as Paul shares some easy budgeting hacks that will lower your stress and help you simplify your personal finances, increasing your chance of following through with your plan. 

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 spends a lot of time warning people about the realities of the investment industry and educating investors about products and sales tactics, but today, Paul shares his favorite part of his job: listening to people dream about the future and helping them make a plan to reach those goals. Listen along as Paul talks about some of the complexities around tax and income strategies that can freeze people up and keep them from planning altogether. 

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

Interest rate hikes have had a negative effect on the outlook of stocks and bonds this summer. This is leading some investors to ditch their investments and sit in cash. Today, Paul explains why this trend might feel safe for investors but is really hurting their chances of meeting their goals. Listen along as Paul and Ira talk about who makes money when you walk away from your portfolio and why selling bonds at the wrong time can create problems for investors. Later in the episode, Paul is confused about why homeowners would want to drop the insurance on their homes. 

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 and Ira have seen many investors get burned by companies selling them specific funds or insurance products that leave them open to risks they shouldn’t be taking. Today, Paul and Ira talk about how investors try to turn to reputable financial publications to get unbiased advice on investing, but they get led astray there as well. Listen along as these two advisors explain why understanding the motives of these financial publications can save you from financial heartache.

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

It’s common for Paul to see people coming into the office, in their early- to mid-fifties, having made some financial mistakes and ready to do something different. Today, Paul and Ira talk about the difference between financial intelligence and financial wisdom and discuss an WSJ article called “The Exact Age You Make Your Best Financial Decisions.” Listen along as these advisors cover the common mistakes that people start to overcome by their 50s and some of the best financial choices people make as they gain financial wisdom.

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

It’s common for Paul to see people coming into the office, in their early- to mid-fifties, having made some financial mistakes and ready to do something different. Today, Paul and Ira talk about the difference between financial intelligence and financial wisdom and discuss an WSJ article called “The Exact Age You Make Your Best Financial Decisions.” Listen along as these advisors cover the common mistakes that people start to overcome by their 50s and some of the best financial choices people make as they gain financial wisdom.

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

Estate planning can seem like a process that is only for those who are very wealthy and have complicated assets to manage. Today, Paul and Ira talk about how average Americans come to build wealth over their lifetime through working, saving, staying motivated, and taking risks. Listen along as these advisors explain why you shouldn’t “check out” when you hear about estate planning. Paul and Ira cover how the things you own get taxed as they pass from one person to another and how an estate plan helps you make a plan to contribute to the future of your family or business.

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