The Investor Coaching Show with Paul Winkler

Teaching These Financial Skills to Your Children Could Change Their Lives

Today, Paul brings an article about teaching your children financial literacy skills and how to have the conversation in a way that gives them confidence to make wise money-decisions as they grow into adults. Studies have shown the children can start forming permanent money habits as early as 6 or 7 years old. Listen along as Paul talks about his experiences around money growing up and what financial skills you should teach your children that build the foundation of success with money and investing.

 

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

Did the Alabama Legislature Just Prove That Gold and Silver Are Not Investments?

Alabama just removed the state capital gains tax on gold and silver assets, which some pundits say will help ease the burden of Americans struggling with inflation and economic pressure. Paul asserts that this move just highlights that these commodities are not investments to begin with. Listen along as Paul and Ira talk through whether or not changes like this make a stronger case for or against investing in gold and silver. Later in the episode, Paul and Ira talk about the state of the insurance industry. Premiums on homeowners insurance policies are at an all time high, but insurance companies are having to get help from other insurance companies to cover their liability. 

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 Outrageous Claim About Commercial Real Estate Is Made to Sell Products

The headlines read like commercial real estate has beaten investing in the market for the last 25 years. The reality is that someone cherry picked one REIT Index against a specific collection of large US companies to make their products look better to investors. Paul wants you to know that you will see these kinds of outrageous claims about real estate beating out the market, but the truth is that a well-diversified portfolio performs much better and already has exposure to real estate. Later in the episode, Paul and Ira talk about how companies only share the information that makes their products look superior instead of coaching and educating investors.

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

Relative Loss: Most Investors Can’t See This Problem with Their Investments

Paul and Ira talk about relative loss. It’s easy to see when your investments lose value, but it’s harder to see when your investments are suffering a relative loss. Listen along as Paul explains what relative loss is and how to keep your investments working the way they were designed to. 

 

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

If You Can Understand Diversification, Everything Else Starts to Make Sense (Part 2)

Most investors agree that not putting all your eggs in one basket is smart, but the financial industry can make that hard to do. Paul continues teaching about diversification from an academic perspective and explains how fund companies distract investors by focusing on the track record of their best funds instead of coaching them through market fluctuations and helping them diversify their assets to areas of the market that have had the highest historic returns. Later in the episode, Paul talks about a listener who felt like they needed to keep their guard up at their bank to keep from getting offered an annuity product. 

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

If You Can Understand Diversification, Everything Else Starts to Make Sense (Part 1)

A forecaster at JP Morgan is ringing warning bells of a large market downturn, but has the company largely pulled out of the market? No. Paul starts to explain why diversification, a foundational principle of investing, can help you relax about money amid antagonistic headlines. In the first part of this conversation, Paul covers how pundits and fund companies usually only talk about the S&P 500 or the DOW when they talk about the market, when it is really much larger than 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.

“I’ve Never Invested Before. How Do I Make a Game-Plan?”

Paul puts Jeff, a new producer at WTN, on the spot and asks him to think of a question for Paul to answer on the air. After some thought, Jeff shares, “I’ve never invested before, but I think I’m ready to start. Stocks seem like a good place to invest. How do I make a game plan?” Paul takes a step back and shares what a strong financial plan looks like, how to know when you’re ready to start investing, and how to to start making an investing game-plan. Later in the episode, a listener reaches out to Paul because he wants more information about Paul’s opinion on bonds that take longer than 5 years to mature.

 

Paul would love to answer your questions about money and investing. If you have a question for the show, go to paulwinkler.com/question.

People Think “Returns” Make For a Good Investment, But Don’t Understand This Nuance

Most investors think returns are the best way to measure the success of an investment product, but when asked they aren’t usually able to be more specific about what they mean. Today, Paul and Ira talk about how following the media's ideas about returns can push investors toward some common investing mistakes. Listen along to hear a different approach to thinking about returns that gives you a better picture of your portfolio's performance. 

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 Are Your Portfolio Returns YTD? Not a Good Question for Investors

Curiosity and education are important in the financial process, but there are some questions that are not good for investors to be asking. After Paul worked with someone this week who got troubling financial advice from a family member, he wants to remind investors that questions about the short term past-performance of an investment are generally not helpful. Listen along as Paul and Ira explain why this kind of thinking leads people to market timing and risky investing decisions. 

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

Working Through Life's Greatest Challenges: An Conversation On Grief With A Licensed Therapist and Grief Specialist (Part 2)

No one is immune to loss and hardship. But just like money and finances can feel difficult or taboo, conversations around grief and mental health can also be difficult to navigate. Today, Paul invites a friend and fellow counselor, Lindsey Casabella, onto the show to talk about the grieving process, how to walk through it towards mental and physical health, and some important information for helping loved ones who are dealing with grief and loss. 

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