The Investor Coaching Show with Paul Winkler

Many think that wealthy people are great investors. In fact, until recently, personal income was the only requirement for being an accredited investor. Now, a new group of people can be considered—people with certain education experience. This leaves you with two groups: those with wealth and no education on the one hand, and those with education and no wealth on the other. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Paul Winkler and Jim Wood revisit an episode from last week where they tackled the tax credit in Biden’s new proposal regarding 401(k) plans. After some more research, Paul clarifies what Biden’s plan actually proposes and the specific tax implications it brings. Listen along to hear how this proposal would affect 401(k) plans. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Today, Paul and Evan address a tax issue people may not be used to facing in their normal working situation. Evan explains that income tax is charged from the place you are while you are working. Commute across state lines for work? You pay income taxes in the state you commute to, but what happens if you now work from home? Listen along to learn how people now need to prepare for paying taxes and how some of those who work from home are coming up with strategies to pay less. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

This week the Dow Jones Industrial Average announced a huge shake up removing a few companies like Exxon, Raytheon and Pfizer. In this episode, Paul and his team talk about the Dow’s historical performance, how it chooses its companies and what can happen to a company after they’ve been chosen or kicked out. Do you really want your financial future to depend on these companies? Listen along to learn more. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Want to pull everything out of the market and hold onto cash? Not so fast. The Federal Reserve has officially taken an inflation friendly stance. Today, Paul and his team explain the effects of inflation on your money and why the market has been arguably the most powerful wealth creator in the history of mankind. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Today, Paul and his team talk about a recent article exploring lessons we can now learn from the time of the bubonic plague. They all come to discover that we have something working for us that was not available in the 14th Century: Capitalism. What do we have to thank for medical and technological advancements? It’s most likely not government oversight, but something that has gotten picked on more recently—free markets. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

With the election approaching, Biden is getting more specific about his direction for a retirement shake up. In this episode, Paul and his team tackle a new proposal about 401(k) tax benefits and how that affects American’s who are saving for retirement. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Paul Winkler and Anne Sawasky, ChFC®, J.D., address a concern one listener faced when pressured to purchase a stock that was about to split. Listen along to understand what a stock split is and who actually benefits from individual stock purchases. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Studies show that divorce typically has a harsher economic impact on women than men. As devastating as divorce can be on it’s own, people have a hard time thinking about the impact it will have on them economically in future years. In this episode, Paul brings on Anne Sawasky to talk about how to think clearly about money during what can be an emotional life event. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.

Today, Paul brings on Anne Sawasky, ChFC®, J.D., to celebrate the 100th anniversary of the ratification of the 19th Amendment—which gave women the right to vote, and to discuss its effect on the American economy, on women economically, and on the financial industry. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar.