The Investor Coaching Show with Paul Winkler

Paul and Jim talk about some research in an Advisor Perspectives article called “Fortune Doesn’t Always Favor the Bold.” Paul warns investors that they will be most tempted to change their strategy when their investments are struggling. Unfortunately with most investors, trying to avoid risk and losses leads to some of the riskiest behavior. Listen along as these advisors share why trying to jump on big returns leaves your retirement in a very vulnerable position. Later in the show, Paul and Jim talk about international investing and how it relates to minimizing risk in your portfolio.

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

Paul notices we live in a world of disclosures, but are they any good at educating on the real risks of everyday life? Paul and Jim connect this to investing and share why some products and practices with obvious risks don’t have to disclose them, while other trustworthy options have to be upfront about every risk—even if they aren’t very likely to happen. Listen along as these advisors teach about risks you want to avoid, risks you should be open to taking, and why the disclosure shouldn’t be your only education on a product. 

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

Paul, Evan, and Ira circle back to the free resource “Keep Your Next Egg Safe from the IRS Money Grab” to cover some more investment “secrets” that were too dangerous not to share with investors. At the end of the episode, Paul answers a question he received from an investor about ESG investing. 

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

Paul, Evan, and Ira begin by talking about why the American Dream Experience is something they would recommend for people of all ages and the difference it has made for people who are looking to understand money, purpose, and personal fulfillment. They go on to answer a question from a listener who wants to know about rising bank interest rates and your fixed income assets. Listen along as Paul teaches some about time horizons in investing and why now may be a good time to look at the options you have for the money you would need easy access to should an emergency or opportunity arise. 

 

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

This week Evan shares some “secrets” in a free resource called “Keep Your Next Egg Safe from the IRS Money Grab” from a popular retirement guru, and he is eager to hear some feedback from Paul and Ira. Listen along to be able to spot some “tricks,” “secrets,” and “tips” that don’t actually help your investments but instead could mislead you or someone you know into some strange retirement practices. Later in the episode, the advisors answer the question: Can retirement negatively affect your mental health?

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

Paul follows up on some amazing opportunities in nuclear energy advancement that create less radiation, create the hottest temperatures in the solar system, and eliminate meltdowns altogether. Listen along as Paul explains why it’s important to be patient and optimistic about the future of technology and markets.

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

This week Wells Fargo told investors it is time to get into a 60/40 blend portfolio because it would rebound this year. One way to spot market timing is to watch when companies are trying to show you a product with good short term returns, or one that is “rebounding.” Statements like these may sound like they're in your best interest, but they are only encouraging you to buy things after they have already gone up. Listen along as Paul, Evan, and Ira explain a better approach for choosing your investments. 

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

Paul, Evan, and Ira talk about a ThinkAdvisor Article called “20 Good Funds for Long-Term Investors” that is full of funds with junk bonds, funds that have little to no diversification, and funds that capture the wrong parts of the market. Listen along as they talk about why these kinds of articles cause confusion around investing, and they also explain how these funds fall short.

 

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

Paul gets a question on the Fair Tax Proposal in Washington that would be a complete overhaul of our tax system replacing what we have with a “Fair Tax.” Paul is here to explain what the Fair Tax Proposal is, how it may affect consumers, businesses, and investors, and how likely it is to become law. Listen along to hear what Paul likes about this idea and what will keep it from being adopted by the U.S.

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

Paul is shocked to find a bit of truth on TV this week around investment firms. Listen along as Paul shares a clip of a firm manager admitting to investing in products that investors like the sound of instead of sticking to proven academic investing strategies. Paul asks, “Would you want your doctor to prescribe a treatment that sounds good to you, or that will help you be healthy?” Paul shares how frustrating it can be to see companies do this and then claim to be working in your best interest.Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.