The Investor Coaching Show with Paul Winkler

Today, Paul continues his conversation about target date funds (TDFs) and explains what kinds of companies these funds actually own. Paul explains that these funds grossly favor larger companies over smaller ones, growth companies over value, and US companies over international. All of this adds up to much higher risk and lower returns. Listen along as Paul shares why investing in a target date fund is similar to betting your future on the success of the seven largest US companies.

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

Fewer companies are offering pensions in today’s job market, which leaves investors having to choose their own retirement products. Today, Paul explains that target date funds (TDFs) have become such a popular product because they are easy to sell to people who don’t understand much about investing. Listen along as Paul breaks down some of the language used to sell target date funds to employers and investors and explains why they don’t perform as advertised. 

 

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 explains that the basics of investing are easy to forget and that emotions often play a bigger role in investing decisions than we’d like to think. One example of this that is easy to spot is American investors and American investment firm’s obsessing over US companies. Listen along as Paul explains how American investors get groomed to believe that the market is only US companies, and how investment firms either sell products that are overweighted in US companies or only sell international funds after they’ve gone up and are “easier” to sell. Both of these practices violate the basic investing principles of diversification and avoiding marketing timing. Later in the episode, Paul finds an article that addresses the stress of stepping away from adult children financially and helping them learn independence. 

 

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 gets a question from a listener who wants to know: “A financial advisor wants me to sell my investment property and invest with them. Isn’t that a conflict of interest?” Paul approaches the question by asking the investor about his goals and how this would affect his financial future. Listen along as Paul explains why you can’t avoid conflicts of interest in this sales-driven industry, but you can learn how to spot it and make the right choices for your situation. Later in the show, Paul talks about the temptation to watch what the rich are doing with their money and copy them, and he explains why you probably have more experience under your belt than they do. 

 

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, Paul, and Ira discuss the movie The Last Days of Lehman Brothers, a historical fiction film released by the BBC depicting the fall of a giant in the financial services industry. All the advisors agree that this movie has a few lessons for modern investors and stress why learning about investing helps investors avoid the Wall-Street bullying depicted in this movie. Later in the episode, Anne brings an article about helping clients who feel they don’t deserve their money and shares why this is a common experience but also that you need to be careful because this can lead to harmful financial decisions.

 

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

An investor reaches out to Paul because someone is trying to sell her a product that seems perfect for her situation and she doesn’t understand what she’s missing. Paul and the team talk about how common this is, particularly in annuity and life insurance sales, and walk through how to listen to these sales pitches in a way that allows you to quickly identify the kind of product they want to sell you. Listen along to hear why the risks and fees associated with these products almost always benefit the salesperson more than you. Later in the episode, Anne talks about what business owners approaching retirement can do to add value and finish strong. 

 

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

Did you know most people think about wealth in terms of quality of life and not just a number in their bank account? Today, Paul asks Anne and Ira about a survey that uncovers how much money people need to feel wealthy — and it’s less than you might think. Listen along to hear these advisors talk about how leaning into your true purpose for money might make you feel more wealthy without raising your net worth. Later in the episode, Anne and Ira share about the American Dream Experience.

 

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 “Stock-Market Rally Cost Bears $120 Billion Dollars” that shares just how much gamblers have lost so far this year by placing bets that the market would go down. Paul spends time explaining that this isn’t just activity from day traders but is also from large investment firms who are so cocky about where markets are headed that they’re placing high-risk bets with billions of dollars of other people’s 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, Paul talks about why he doesn’t believe investing with a CFP is enough anymore. Paul shows you how to spot financial firms that forgo proven investing principles, as well as how to tell when an advisor is market timing or working on commission. Paul tells all investors that you can't be fooled by the term “fiduciary” and need to learn how to quickly tell if an investment firm has a conflict of interest.

 

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 Evan reflect on Father’s Day by sharing the financial advice they got from their fathers and the financial advice they shared with their children. Later in the episode, the two discuss the way they help clients process their concerns about cryptocurrencies and other digital currencies. 

 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.