The Investor Coaching Show with Paul Winkler

Management companies fight over who has the lowest fees to lure customers into products and investment methods that aren’t always best for the investor. Unfortunately, these same companies then look for ways to charge you or cut costs that may be hard to see or understand. In this two-part episode, Paul does a deeper dive into different kinds of fees, hidden expenses and costs, and how you can see through the low-fee marketing strategies to build an investment portfolio that isn’t crippled by unnecessary fees.

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

Management companies fight over who has the lowest fees to lure customers into products and investment methods that aren’t always best for the investor. Unfortunately, these same companies then look for ways to charge you or cut costs that may be hard to see or understand. In this two-part episode, Paul does a deeper dive into different kinds of fees, hidden expenses and costs, and how you can see through the low-fee marketing strategies to build an investment portfolio that isn’t crippled by unnecessary fees.

 

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

Paul shares a study that Americans living paycheck-to-paycheck jumped up 64%, but it’s not necessarily who you would think. Listen along as Paul talks about why people in higher income brackets are also struggling with saving. Paul talks about how spending habits have changed and what people can do to give themselves more margin and relax about money. Later in the episode, Europe is successfully weaning itself away from Russian gas and how energy struggles spark innovation and cause people to reevaluate environmental policies. 

 

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

401(k)s providers don’t do a great job of representing small companies. So when small companies are doing well compared to large companies, your 401(k) is probably missing this return. Paul, Evan, and Ira talk about why fear of litigation and cost may keep providers from including these investments in your retirement and why it’s important to diversify and include an advisor in this part of your portfolio. Later in the episode, Paul asks the question: Are ESG funds picking expensive or unnecessarily risky investments?

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

With all the doom and gloom news coverage, markets seem to be doing better than everyone thought. But now there’s a new issue that is bringing fear to investors and investment firms: When will the FED raise interest rates? Paul explains why he is getting FED fatigue and why the economy doesn’t drive the market the way the media seems to think it does. Later in the episode, Evan continues the conversation about company earnings to explain why growth and value stocks typically behave differently. Paul reminds investors that most firms are still obsessed with large US companies. 

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

Paul shares the WSJ article by Charlie Munger called, “Why America Should Ban Crypto.” The articles claim that cryptocurrencies are neither currencies nor commodities and should be banned to keep investors from gambling with their money. Listen along to hear Paul’s perspective on how crypto compares to other currencies and investments and if he agrees that they should be banned in America. Later in the episode, Paul talks about why Social Security cuts were tabled in the most recent debt ceiling talks and why politics work in Social Security’s favor.

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

Paul shared an interview from last week with Michael DelGiorno on SuperTalk 99.7, in which he shares two things you should know about ESG investments and whether or not you should be avoiding them. Listen along as Paul shares why Mutual Fund companies love ESG products and how the ESG designation actually works against companies from a profitability standpoint.

 

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

Paul talks about why your income and income tax rate will influence what kind of investment vehicles you put your money in. Listen along as Paul teaches on tax diversification and provides some simple principles you can consider to make sure that you’re navigating income taxes correctly and not paying income taxes at unnecessarily high rates. Later in the episode, Paul talks about investors wanting to look for signs that the market is either bullish or bearish. 

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

Paul brings multiple examples of major publications and financial gurus encouraging investors to time the market. The worst part is that all of these are disguised as advice and education. Listen along as Paul urges investors to practice spotting market timing in the headlines. Later in the show, Paul talks about the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act that was introduced to Congress last week.

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

Paul gets a question from an investor about converting a Traditional IRA to a Roth IRA. Paul explains what these investment vehicles are, the benefits of each kind, and some of the complications and misconceptions of trying to get as much tax-free money as possible in retirement. Listen along if you’ve ever been interested in investing in IRAs or converting your IRA to a Roth. Understand why a conversation with your advisor will help you know if a conversion would help you in the long term. Later in the episode, Paul answers a few questions from the estate planning workshop from last week. 

 

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