The Investor Coaching Show with Paul Winkler

Widespread Indexing Puts You at Risk, While the Industry Profits

Today, Paul and Evan talk about one of the most popular investing practices putting investors at risk today: indexing. Not only does widespread indexing put you at risk, but it makes the industry a lot of money. Listen along as these investor coaches explain why indexing misleads investors and encourages some of Wall Street's most dangerous behaviors. Later, Paul finds that investors are pulling money out of the S&P 500 only to bet even more aggressively on a handful of those 500 companies. 

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 2024 QAIB Is Here. What Is It Telling Us?

Paul shares the DALBAR’s annual report called the Quantitative Analysis of Investor Behavior (QAIB). Paul talks about investor behavior and explains why advisers and investors following asset class investing principles but engaging in market timing and stock picks are going to have a hard time finding ways to take an income in retirement. 

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

This Asset is Harder to Sell. Does That Mean It Pays More?

If an asset is harder to sell, does that mean it pays a higher return? Today, Paul brings up which factors affect your returns and pushes back against an article about how liquidity is a significant factor. Listen along as Paul talks about a few popular illiquid assets, real estate and annuities, and why the risk of having your money stuck in them outweighs the return. Later in the show, Paul addresses a listener who wants to know the pros and cons of CD ladders when taking an income from your 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.

Job Candidates Asked to Do Free Work. Is it Right?

Paul brings a story about a job candidate being asked to do some design work as part of the interview process. The problem is: he had been asked to do that before and wasn’t given a job. Today, Paul and Ira talk about the ethics of the situation, the tough job market in 2024, and how to balance personal boundaries and risk taking in your career. Later in the episode, Paul mentions three companies that make up 20% of a 500 company fund and investors are in a much riskier spot than they believe.

 

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

Your Summer Reading List for Finances (One Book to Read, One Book to Avoid)

Today, Paul and Ira talk about summer reading and bring an article that mentions both they’ve both read and enjoyed and a book they both agree you should probably stay away from. Listen along to get a personal recommendation from Paul about your summer reading list on money and finances.

 

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

So... When Is That Recession Coming?

Since 2020, we’ve seen most media outlets on high alert for a looming recession, but unemployment numbers have remained low. Today, Paul brings a WSJ article and asks, “So… when is that recession coming?” Paul and Ira encourage investors not to speculate on the timing of economic changes and talk about what has kept the economy out of recession over the last four years. 

 

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

World’s Largest Pension Fund Is Struggling

Paul and Evan talk about struggles in the world’s largest pension fund, but to their surprise it was not California Public Employees' Retirement System (CalPERS), but China’s public pension fund. Listen along as these advisors explain what is going on, how these issues compare with Social Security in the US, and why our fear of China economics can lead us to bad financial decisions. Later in the episode, Paul talks about the FED and unemployment in the United States.

 

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

Is AI Already a Failure? Watch Out for Headlines That Encourage Market Timing

Since AI technology has been available to the public, people have spent entire fortunes betting on certain companies or market segments in anticipation of its adoption into everyday life. What's worse, the financial media outlets have made wild predictions about market crashes that have caused some investors to panic and move to cash. Now, the Wall Street Journal writes an article stating that AI has been largely disappointing and interest in it has cooled altogether. Paul wants you to know that any speculation around the success or failure of AI misses the mark. If you want to be an investor who can relax about money, the best thing you can do is ignore these kinds of headlines. 

 

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

This Criticism of the 4% Rule Has an Important Lesson to Teach Investors

Have you ever seen or heard a financial expert trying to explain away an academic investing principle because “things are different now”? Paul cautions that this is almost always a sales tactic. Listen along as Paul takes on one of these claims about the 4% rule and uses it to teach an important lesson about sequence-of-returns risk and taking an income out of your retirement savings while running the portfolio down. 

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

Every 7 Years You Wait To Invest Your Retirement Income Gets Cut In Half

Most people go through two phases in life. First, they work for money and then they let money work for them. Most younger investors can get off to a slow start when it comes to saving and investing. Paul knows that life can easily get in the way, but wants you to get started saving and investing as soon as you can. This means your money has more time to grow and work for you. Listen along as Paul explains a helpful paradigm for making career and investing choices for people who feel stuck towards the beginning of their investing journey. 

 

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