A podcast to help you get an insider’s view of the financial world and escape common investment traps. Each week, we look at the financial news of the day and help you make sense of it so you can relax about money.
If you’re estate planning, don’t miss out on the benefits of a 529 plan. Today, Paul explains what these plans are and why you should consider this tax-advantaged investment vehicle if you or your family may have education expenses. Later in the episode, Paul talks about how career counselors can help you navigate through the job world.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Today, Paul and Ira talk about the tough real estate and stock market. First-time home buyers are struggling to get into homes, and retail investors are jumping out of a down market. Listen along as Paul explains why he knows things will get better even if he doesn’t know when it will happen. Later in the episode, Paul covers strategies for a 529 plan if the market goes down right before your child goes to school.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Almost half of Americans have not saved enough and have a lower standard of living during retirement. Paul and Jim talk about a new provision for 401(k) plans being voted on to help Americans who don’t have enough emergency savings. Listen along to hear why Congress may not be incentivizing the right behavior but also why Paul and Jim think this potential change could benefit those who are struggling the most.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Markets go up and down, but investors are starting to sense that this crypto meltdown feels different than just a normal market fluctuation. Today, Paul and Jim talk about a timely article in the WSJ called “The Fire Burning Beneath Crypto’s Meltdown” that explains how financial innovations are particularly fragile and compares crypto historically with other similar innovations. Later in the episode, Paul explains that the more you look for safety in a market downturn, the easier it is for someone to sell you a product you don’t want.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Paul and his team share some interesting research about bear markets. Listen along to hear how bear markets rebound differently than market downturns, why the P/E ratios of companies are a significant factor, and how investors have hurt themselves by getting out during long stretches of lackluster returns. Paul warns investors not to leave sound academic principles and go searching for returns.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
The interest rate at the end of the Carter administration was 20%. Paul fields a question from a listener who wants to know what is keeping interest rates low in our current economic situation. Listen along as Paul explains how interest rates work, and then he compares the economic situation of the 1970s to today. Paul’s conclusion: Things are much better now than they were then.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Paul and his team start by addressing a new lawsuit that threatens the future of crypto. A WSJ article claims that new ways to make retirement income can make your 401(k) pay out like a pension plan. Listen along as experienced advisors look through the strategies in the article and decide if this sounds like a sales tactic or sound advice. Later in the episode, Paul reminds investors of how the Cold War ended and why it’s a bad idea to lose hope or make emotional decisions right now.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
Have you felt your costs go up due to inflation? Most companies are trying to avoid raising prices to avoid losing customers to cheaper competition. Paul uncovers new research that finds certain industries have been able to raise prices without negatively affecting customer satisfaction. Listen along to hear which companies may be better positioned to raise prices on you and which might make you more frustrated with their price increases.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
While we are experiencing the worst inflation in 40 years, this fact doesn’t paint the whole picture of what is happening in our economy. Paul spends some time comparing the markets and economies of the early 1980s to today’s markets and economies to explain why cherry-picking facts like these may lead to bad investment decisions. Later in the show, Paul examines an article about why the energy industry is slow to respond to the president’s urging to produce more oil and natural gas.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
The U.S. Dollar Index has risen steadily over the last year, which is having an effect on companies. Paul talks about currency value, why this has surprised some experts, why a strong currency can be helpful during a time of inflation, and how it affects U.S. companies trying to sell goods overseas. Later in the episode, Paul shares some reason for optimism in both the stock markets and housing market.
To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.
