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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.
Episodes
Friday Sep 15, 2023
Friday Sep 15, 2023
A listener emails the show and wants some advice, saying, “I’m watching my portfolio go down in value, and I’m wondering if now would be a good time to take my money out and put it in a two-year CD at 5% interest”. Paul and Ira jump in to explain why 5% may sound tempting, but a two-year CD is not a wise investing move right now. Listen along to hear these advisors explain why periodically checking in on your portfolio’s performance creates temptations for investors, and why getting out of the market is the same as selling low and locking in your losses. Later in the show, Paul shares some insight from a workshop he likes to teach called “Why Investors Fail.”
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
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