The Investor Coaching Show with Paul Winkler

When it comes to investment providers, you get what you pay for. Anne talks about how an investor's estate got sucked up in a legal mess by a head-scratching policy at a low-cost, do-it-yourself investment provider that kept the investor from choosing beneficiaries on a joint account. Paul and Anne agree that before you jump into an option that seems low-cost and easy-to-use you need an advisor who can help you avoid this kind of situation. Later in the show, Anne brings some positive news to encourage investors during a down market.

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

Have you ever seen a trending financial guru or strategy on social media? Studies are showing that the youngest generations are trusting social media influencers for financial advice. Today, Paul and Anne talk about a ThinkAdvisor article called “Social Media and Younger Clients a Toxic Brew” and explain how social media is being used to hurt young investors. Later in the episode, Anne explains the gender longevity gap.

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

Paul and Chad talk about the most basic rules of investing and how you can tell when you’re breaking them. Unfortunately, the financial industry as a whole is more interested in you liking their products than sound investing principles. Listen along as these two advisors help you protect your investments and bring clarity to your purpose for money. 

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul and Chad talk about inflation, stock prices, employment, and interest rates to help investors understand why markets are not simple even when they drop. Listen along as Paul explains why needing one simple answer to explain what the market is doing opens you up to investment traps and creates false confidence.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Major financial news outlets are constantly making predictions about the future but writing about them like they are facts. Paul revives the practice of finding these headlines and showing how poorly they age. He shares some of the most outrageous financial headlines since 2000 and encourages investors to tune out the noise.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul, Evan, and Ira spend some time addressing a sensitive topic for Christian investors who may worry that we’re experiencing not just a market downturn, but are coming closer to “end times.” Evan and Ira work to uncover what the Bible says about personal faith and finances in light of an uncertain future. Later in the episode, Evan talks about a workshop that covered the RMD rule changes under the Secure Act. Evan encourages people who didn’t take an RMD in 2021 for an inherited IRA to get with an adviser and update your plan.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul spends some time explaining why life insurance products shouldn’t be used as investment vehicles. Listen along to learn how insurance companies mislead investors about their products to help you or someone you know from getting caught up in the wrong product. Later in the episode, Paul and Ira talk about this week’s article by Jason Zweig called “When Bad Things happen to Good Stocks.”

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Paul and Ira talk about a ThinkAdvisor article called “Risk Assets Swept Up in a Rout as ‘Fear Gage’ Soars.” Is the article encouraging investors to stay the course as fear about the future rises, or are they just trying to encourage advisors to move their investors into products that hurt investors but make them feel safe? Listen along as two experienced investors sort out the issues that most investors face today. Later in the episode, Ira shares some startling info about smartphone use.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

There is a slew of investment products that boast about low or no commission products but utilize something called Payment for Order Flow (PFOF). Today, Paul and Ira talk about a Yahoo Finance article called “Are Commission Free Brokers Ripping You Off? The SEC Doesn’t Think So” and discovers that the SEC doesn’t think this practice is harmful enough to step in. Later in the episode, Ira talks about an appointment he had during which he squared off with the client's other advisor.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Today, a listener wants to know if the U.S. is close to moving away from using cash by developing digital assets. What would that mean for our economy? Paul talks about the way the executive order to expand digital assets has been interpreted and what signs he would need to see to believe that we’re moving into a cashless society. Later in the episode, Paul talks about the legal hurdles President Biden’s student loan forgiveness plan needs to pass before it can be enacted.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.