The Investor Coaching Show with Paul Winkler

Paul opens the show sharing a misleading article about how great I Bond returns are. Paul and Ira segway to discuss older workers who get stuck in dangerous jobs because of a lack of planning. Today, Paul and Ira try to paint a picture about how many workers age in jobs with modest wages and with working conditions that are tough for older employees because they don’t have any other options. One of the biggest barriers to saving is not believing that you have enough income. Paul encourages everyone that when you start saving a little, you understand how to put yourself in better situations around money. Later in the show, Paul shares about billionaires selling their shares of stock and that it’s not all what it seems.

 

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 and Dr. Timothy Myatt — Professor of IT and Management, and Chair of the Department of Computer and Information Sciences at Trevveca Nazarene University — finish their conversation about artificial intelligence by talking about how it will benefit the transportation, manufacturing, medical and customer service sectors. Later in the show, Paul asks Tim to share his advice for listeners as we start to see this new evolution of computer technology.

 

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

There is a part of every human brain that looks out for danger. The most recent fear on everyone’s minds is artificial intelligence. The media outlets claim that it will destroy jobs, industries, and economies, but how much do they actually know about AI or the future? Today, Paul invites Dr. Timothy Myatt — Professor of IT and Management, and Chair of the Department of Computer and Information Sciences at Trevveca Nazarene University — for a two-part interview to explain what artificial intelligence is, the history of it, and most importantly how it works. Listen along to hear how “smart” processing is not an entirely new concept and how this technology uses language processing and massive databases to mimic human thought.  

 

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 has noticed a trend over the last 20 years as an investor coach: He is only asked for radio and TV interviews when things don’t seem to be going well. Paul talks about why he doesn’t mind because investors need a coach who teaches, challenges, and encourages them to have discipline when times seem hard. Paul again addresses something that has hurt so many investors over the years: letting fear and marketing campaigns convince you that gold is safer than the market. Later in the show, Paul talks about optimism and the race to make a more efficient air conditioner.

 

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's biggest frustration with the financial industry is that the level of education is just not what it’s supposed to be. When you see a company encouraging you to trust or use their vetted professional, you need to be careful. The truth is that the company may just be getting a fee for the referral. Today, Paul talks about a company who has “vetted” professionals who are trying to sell annuities to investors as an “alternative” source of income in retirement and why that is incredibly misleading. Later in the show, Paul talks about the 30 year anniversary of the Fama-French multifactor model of investing.

 

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 asks Dan about what he sees as a stumbling block for most investors: their 401(k) options. Dan breaks down why the most common target date funds (TDFs) come up short in every category that PWI looks for in a diversified portfolio. Listen along as these advisors look at some options in a 401(k) and how an advisor can keep you from having a portfolio with higher risk and lower potential returns. Evan closes the show with some good news about the average 2023 tax burden by state.

 

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 shares about his family's history of serving in the military and his passion for helping other service members prepare for retirement. Evan spends some time explaining the retirement options for service members and the changes that have been made for military retirements over the last few years. It’s very common to see service members focusing on different aspects of their jobs and careers, especially when they first enlist, but it’s important not to overlook what retirement options are available. Listen along as Evan shares what these options are and how to take advantage of the resources at your disposal. 

 

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

Unfortunately, there is no class or school that is mandatory for retirement planning. Today, Evan and Dan talk about a Wall Street Journal article that asks retirees what mistakes they made or what they would change. Listen along as the advisors share why health, finances, relationships and purpose are the four attributes we all should plan for in retirement. Later in the episode, Evan answers a few common questions that have come up from their social security workshop. They share how to work with an advisor to know when to take social security to avoid taking it too soon or too late. 

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 Dan come up from the Cool Springs office to give Paul a much needed vacation. Evan starts the show by talking about the Fourth of July and the foundational freedoms required to dream, save and invest. Both advisors talk about Evan’s recent trip to Israel and why having an experienced tour guide makes a huge difference when you’re navigating something new — whether it be a new country or a topic like money and investing. Later in the show, Evan breaks down a Wall Street Journal article titled “Investors are Pouring Money into this Modified S&P 500 Stock Market Strategy.” 

 

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, Anne shares an increasingly popular scam that targets lonely people and takes their retirement savings. Ira shares a story about a friend who claims that owning as much gold as possible is the way to go, but who happens to be a jeweler. Listen along as these advisors discuss how scams or misleading sales pitches usually leave people feeling like they can’t understand investing, making people easier to take advantage of. Later in the episode, a large investment firm tries to create a “no fee” robo-investing option to compete with Robin Hood. They end up with a lawsuit for forcing clients to hold cash so they can make money by lending with it. 

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