The Investor Coaching Show with Paul Winkler

Tesla Accepting Bitcoin as Payment?

This week two interesting things happened around Tesla and Bitcoin. First, Tesla revealed that they invested $1.5 billion in Bitcoin and then they said they would start receiving Bitcoin as a form of payment. Today, Paul and Arlene talk about what it means for Elon Musk to have encouraged this behavior and what is going to have to happen to the price of a car, if you pay with 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.

What Does It Mean for Your Investments to Be Safe?

It’s easy for older investors to have anxiety around their investments because they feel like they have more to lose. Today, Paul and Arlene talk about specific clients who were stuck in the wrong products at the wrong time because they wanted their money to be safe. Listen along to hear what these products were and why they weren’t giving them the safety they desperately wanted. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Financial Planning for Divorce

When I asked Arlene Brown, a Certified Divorce Financial Analyst®, the first word that comes to her mind regarding divorce, she said, “expensive.” The impact of money, both as a cause of divorce and as a source of stress after a divorce, can hardly be overemphasized. Today, Paul and Arlene talk about Paul’s new article, “Financial Planning for Divorce” and cover a range of financial and personal issues around divorce. Listen along to hear what you need to consider to keep one of the hardest transitions in life from being even harder. You can find the link to Paul’s article here: paulwinkler.com/blog.

What to Expect from My Financial Planner

How do you know if you have a good financial planner? Today, Paul and his team explain the ins and outs of working with a financial planner. Listen along to hear about products and practices you should avoid, common myths about what happens to your money, and the cost of not seeking financial advice and trying to do it on your own. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

What to Expect in the Financial Planning Process

So what actually happens when you work with a qualified financial planner? Today, Paul and his team explain the ins and outs of financial planning. Listen along to hear about what kind of education your planner has to have, what you should expect in the planning process, and what questions the advisor should help you think through. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

GameStop Traders Are Feeling the Hurt

GameStop dropped almost 80% this week, and investors are really starting to feel the hurt. After massive losses, taxes, accounting fees, and hundreds of hours spent trading, small investors are starting to see what this has really cost them. Today, Paul and his team circle back around to talk about some of the aftermath of this story, and why they can’t believe it when they overhear people still wanting to invest in GameStop. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

3 Types of Funds You Want to Avoid

Some of the most popular investment products can be some of the most dangerous. Today, Paul and his team cover three types of funds they have been hearing a lot about lately and why they are so dangerous for investors. Listen along to learn why these products sound perfect for investors, but really benefit the companies who sell 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.

Amazon Announces a New CEO

This week Andy Jassy was announced as the new CEO of Amazon. Amazon has a lot to tackle with its new leader. Today, Paul and his team talk about how employees trying to unionize, innovations in technology, and how a different personality as CEO could affect Amazon in the future. The reality is that the biggest companies in the world are not invincible and no one knows what the future will look like. 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 Mortgage Payoff

Paying off the home mortgage is a rite of passage for most people who want to retire. Are you looking to drain some of your investment accounts to pay off your mortgage sooner? Not so fast. Today, Paul talks about some of the wrong ways to pay off your mortgage and how to avoid what he calls a tax torpedo. Listen along to get some insight into Social Security, retirement, and how your mortgage fits into your retirement goals. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

“Downside Protection”

It’s common for investors to want to get conservative and try to protect themselves from downside risk. The problem is that there are companies who market products that claim to protect you, but hurt you in the long run. Today, Paul talks about how you should run, not walk, away from products that protect you from losses when the market goes down and shares some specific things you should be on the lookout for. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.