The Investor Coaching Show with Paul Winkler

“Just Do These 5 things”: A Product Pitch Disguised as an Educational Article

Today, Paul brings an article that says, “If you’ve made these five money moves, you will likely have enough money in retirement.” Most of the article seems like a pretty stock description of common investing products and strategies, like maxing out your work contributions or utilizing HSAs (but don’t really prove the article's main point). As Paul reads on, he quickly notices the article is actually a sales pitch masquerading as educational content. Listen to why articles like these don’t give you a nuanced understanding of your financial situation and how you can ditch these sales pitches and become a more confident investor.

 

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

 

This Company Flat Out Lied About What Was in Their Investments

There are investment companies that will do anything to sell products to investors, even if that means lying about their products. Earlier this month, Invesco was sued and settled for $17.5 million for claiming that over 75% of their investments were ESG during the height of the ESG craze from 2020-2022. The truth was not only was it a lie, but the company had no documented procedures on how to achieve that goal or measure it. Evan talks about how advisors are groomed by the industry to sell products that people want to buy and what you can do to avoid working with them.

 

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

Fake Credibility in 2024: It’s Everywhere. Don’t Fall for It

Paul and Evan talk about the unfortunate reality today that nothing on the internet may be as it seems and that professionals go to great lengths to delete bad reviews and engage in pay-to-play opportunities to create fake credibility. Listen along as the advisors talk about a Zweig article that calls out this practice titled, “Financial Guru, TV Star, Bestselling Author? Not So Fast,” and share some questions you can ask to better understand whether someone is credible or not. 

 

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

Watch Out for the Post-Election Spin From Media

Today, Paul and Evan talk about an article that tells investors to watch out after the election. It claims that markets are overly optimistic and if you really want to know what’s coming you have to look back to 2016. Paul is skeptical of claims like these and counters the whole premise of the article by also looking back to 2016. The reality is that no one knows what’s going to happen, pundits are paid to make predictions, and markets are optimistic because they are resilient. Be on the lookout for the post-election spin from the media and don’t fall for the news. Later in the episode, Evan talks about the surprised and emotional reactions from many Americans, and the two advisors talk briefly about the 5 stages of grief.

 

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

2024 Election Debrief: How Did This Happen and What Does It Mean for Markets?

Today, Paul and Evan talk about both the outcome of last week's election and the workshop Paul hosted on that Thursday. The two big questions on many people’s minds are: “How did this happen?” and “How is this going to affect my retirement and markets?” Paul and Evan cover the Democrats’ tax policies, if markets can keep going up, and how the outcome may affect Bitcoin.

 

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

IRS Eyeing Retirement Account Contribution Changes

Today, Paul talks about the outlook for 2025 for contributions to IRAs, 401(k)s, and catch-up contributions. Listen along as Paul talks about how this affects retirement planning, living on an inheritance, and what the phase-out ranges to contributions look like in the new year. 

 

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

The Psychology of Investing: Educated Investors Have To Stick Together

Paul talks about a psychological phenomenon where people who leave the pack and go their own way experience real pain in their brains and bodies. This is why it is so important for educated investors to huddle together in an industry that wants to make them feel “other.” Listen along as Paul talks about the psychology of investing and what you can do to stay the course and not get picked off by a financial predator.

 

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

Investing in Private Credit (and Other Crazy Products Your Advisor Might Be Pitching to You)

Today, Paul talks about advisors who are encouraging their clients to invest in loans and debt to private businesses. Paul breaks down why this is such a bad deal for investors from a risk/return standpoint and brings up other crazy products and strategies that advisors use to seem savvy, but really just prove how hard it is to get good financial advice in today’s world.

 

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

2024 End-of-Year Tax Strategies That Could Get You in Trouble

Paul talks about end-of-year tax strategies that could get you and your portfolio in trouble. Everyone wants to avoid paying too much in taxes, but Paul wants you to know that tax strategies like tax loss harvesting can create a lot of problems in trying to rebalance your portfolio. Always seek the advice of a financial advisor and an accountant before trying out tax strategies at the end of the year. Later in the episode, Paul brings an article talking about investors' behavior around precious metals and how supply and demand is the biggest factor in the prices of silver and gold.  

 

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

The Market Has No Memory

Today, Paul brings up a truth about markets that most investors don’t consider: The market has no memory. Paul ties this concept to two important areas that commonly trip people up: investing around elections and 4-star and 5-star funds. Listen along to hear why you’re always hearing that past performance is no guarantee of future results.

 

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