The Investor Coaching Show with Paul Winkler

"The Top Stocks of Top Managers" — Educated Investors Don’t Take the Bait

No one wants anything less than the best investments and the best advisors possible. This week, Paul finds an article about the top 10 stocks successful managers recommend. Listen along as Paul breaks down the premise of this whole article and explains why educated investors know better than to chase the “best” products, stocks, and funds. Later in the episode, consumers flock to Costco to buy gold, but does anyone understand how the taxes work when they sell it?

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

How Do Other Firms Feel About Annuities?

Paul covers some of his biggest gripes about the insurance industry selling investment products and addresses a listener who noticed other big firms have started openly speaking against annuity products as well. Listen along as Paul shares that some firms genuinely discourage annuity products out of the best interest of investors while others rail on annuities because they don’t specialize in selling them and want to push you into the products they do sell. Later in the episode, a study reveals that most people over the age of 50 are not confident about retirement. Paul shares why it might be a good idea to only contribute to your 401(k) up to the match and to look at IRAs after that. 

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

Here’s How to Vet a Continuing Care Facility

Considering selling your home to find a situation that better meets your needs in retirement is a big decision. Today, Paul shares a story of a man who lost his $145,000 deposit from a continuing care facility that went bankrupt. Paul stresses that many people enter these facilities from a position of financial weakness and it's hard to understand the risks. Paul brings an article with some excellent tips for vetting a continuing care facility so that you can feel more confident when making this life changing financial decision. 

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

Insurance Risk: Another Reason Real Estate Isn’t All It’s Cracked Up to Be

Most investors who are trying to figure out what to do with their savings consider real estate, but the reality is that it doesn’t perform as well as most people think. Today, Paul brings a WSJ article about condo owners in popular areas who are stuck having to pay astronomical insurance prices due to the risk of natural disaster. Paul talks about the risks real estate owners have that stock owners don’t have, such as natural disasters, city planning, insurance prices, tax laws around real estate sales, and condo fees. Later in the episode, Paul reveals how much money social media influencers are making and why the job doesn’t provide the significance or quality of life some people hope 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.

Nvidia Passes Microsoft and Apple to Become Most Valuable Company in the World

Who knew a few years ago that Nvidia would be the most valuable company in the world? The correct answer is: no one. Today, Paul talks about a company that defied the odds and has grown astronomically because of AI. Paul wants investors to take a moment and reflect on the volatile nature of these companies and warns that most firms are betting trillions of dollars of investor’s money on the largest US companies, but they can’t predict when these companies will rise or fall. 

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

Don't Fall for This—Buying Funds Based on Track Record

Past performance does not guarantee future results. Everyone has heard this, but this is what it sounds like to be sold based on track record: “Have you been disappointed in your portfolio's performance? Are you new to investing and don’t know what to do? Take a look at these funds. They are our very best funds and beat all of your investments over the last few years. If you are unhappy with your plan, you should move over and invest with us. We have the best performing investments.” Today, Paul explains why it’s so frustrating to watch fund companies push their “best performers” onto advisors and investors. It comes down to understanding that these companies want you to buy high and have hidden all of their poorly performing investments from you. Later in the episode, Paul tackles the topic of Roth conversions and explains a common mistake people make when thinking about their taxes and investments.

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

Past Performance is No Guarantee of… Past Performance

“Wall Street likes to tout returns it didn’t actually produce. You need to ask some important follow up questions” Jason Zweig writes in his WSJ article ‘When Past Performance Doesn’t Even Predict Past Performance’. Today, Evan and Paul talk about what backtesting is and why Zweig is right to call it a “dirty trick that is central to Wall Street’s marketing playbook.” Later in the episode, the advisors talk about how lenders regularly send credit scores to consumers as a way to encourage people on their financial journey, but these soft credit checks are really just grooming people to borrow more money.   

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

Continuing Care Facilities Go Under and Can’t Refund Deposits

There are many continuing care facilities that require large deposits and promise to return these deposits to family members after the care has ended. Unfortunately, nothing in life is guaranteed. Today, Evan brings an article outlining some of the risks involved with end-of-life expenses and a continuing care facility that filed for bankruptcy and owes families over $50 million. Listen along as Paul and Evan talk about how important it is to read the fine print with major financial decisions like this and go in wide-eyed about the risks. Later in the episode, Paul and Evan share about a new office opening in Cookeville and a few different ways you can get personalized help with your financial plan.

 

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

Political Unrest in France Teaches Us About How Markets Get Priced

Today, Paul and Evan explain why political news and stock pricing don’t always relate in ways you would expect. After talking about some political unrest in France, Paul explains how risk actually makes its way into stock prices, why political policies are more important than public opinion, and how companies make plans for multiple political outcomes to drive profit of shareholders. 

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

Dumpster Diving and Risky Private Equity Funds: Why Pensions Aren’t What They Used to Be

Hoping that your pension will meet all your needs in retirement may cause problems for you that you never expected. After a GM retiree ended up in the national spotlight when he dove in a dumpster and found a firearm belonging to Hunter Biden, Paul and Evan talk about a common practice of pensions that puts their recipients at risk. Listen along to hear why blindly trusting your employer with your retirement isn’t a good plan. 

 

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