The Investor Coaching Show with Paul Winkler

Should Politicians Be Able to Trade Stocks?

The market immediately rebounded just minutes after the Fed Chairman met with members of the Financial Financial Services Committee this month. This obviously raised some eyebrows and raised the question of whether politicians use insider information to serve their own interests instead of the interests of the voters. Today, Paul, Evan, and Ira address this topic with two important insights: market timing is dangerous for everyone and there is a proven method for investing that is not gambling or speculating on companies. Later in the episode, the advisors talk about new and used car markets and an article called “Annual New Car Ownership Costs Boil Over $12K.”

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

Staying Flexible When Taxes and Inflation Creep In On Your Financial Goals

Paul, Ira, and Evan reconnect after Ira’s trip to Florida to sell a vacation home that started to feel more like a burden than a joy. The advisors talk about why it’s important to keep a positive attitude and stay flexible when taxes, markets, and inflation alter your financial plans, especially in retirement. They then pivot into a conversation about how the economy is doing and why shrinkflation is usually a compromise companies make to work with both their consumers and their shareholders. Later in the episode, the advisors talk about the connection between national sports betting and an increase of gambling and betting on stock through companies like Robinhood.

 

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

One Reason Heavy Media Consumption Is So Dangerous

Is it possible that being at a bombing could be less traumatic than hearing about it in the news? Paul shares a study from the Boston Marathon Bombing and how being present at that tragedy allowed people to help, to flee, and to ultimately identify as a survivor, but hearing about it in the news gave people a stress response that was difficult to resolve. Today, Paul, Ira, and Evan process some recent tragedies together and share why hearing alarming news through media outlets can be dangerous and bad for your mental health. Unfortunately, the financial news media is no exception. Later in the episode, Ira talks about blue zones, where many people live to be 100, and some financial habits that help you relax about money no matter how long you live. 

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

Talking About Anxiety with Two Mental Health Professionals (Part 2)

Part of being able to relax about money is knowing what makes you anxious and how to manage your anxiety. Many people struggle with anxiety and turn towards their finances to try to find control. Paul brings Lauren Combs, a Licensed Professional Counselor, Mental Health Service Provider (LPC, MHSP), and Lindsey Casabella, a Licensed Clinical Social Worker (LCSW), onto the show to talk about how anxiety affects your quality of life, your purpose, and your relationship with money. Listen along as they cover spotting the symptoms of anxiety, when to ask for help, the stigmas around medication for mental health issues, the fear of developing medication dependence, and why anxiety is currently the most common mental health diagnosis in the United States. 

 

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

Talking About Anxiety with Two Mental Health Professionals (Part 1)

Part of being able to relax about money is knowing what makes you anxious and how to manage your anxiety. Many people struggle with anxiety and turn towards their finances to try to find control. Paul brings Lauren Combs, a Licensed Professional Counselor, Mental Health Service Provider (LPC, MHSP), and Lindsey Casabella, a Licensed Clinical Social Worker (LCSW), onto the show to talk about how anxiety affects your quality of life, your purpose, and your relationship with money. Listen along they cover spotting the symptoms of anxiety, when to ask for help, the stigmas around medication for mental health issues, the fear of developing medication dependence, and why anxiety is currently the most common mental health diagnosis in the United States. 

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

Interview with College Financial Aid Counselor, Jacob Lagesse (Part 2)

Interview with College Financial Aid Counselor, Jacob Lagesse (Part 2)

 

Paying for college is often the biggest financial decision that a family has to make with their children and it requires some planning. In a two part interview, Paul invites Jacob Lagesse, the New Student Financial Aid Counselor at Trevecca, to talk about how to navigate paying for college. In Part 2, Paul and Jacob cover which of your assets to include on the FAFSA, which to exclude, and how they calculate those assets to provide aid. They conclude by covering the questions you want to ask when you sit down with a university counselor.

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

Interview with College Financial Aid Counselor, Jacob Lagesse (Part 1)

Paying for college is often the biggest financial decision that a family has to make with their children and it requires some planning. In a two part interview, Paul invites Jacob Lagesse, the New Student Financial Aid Counselor at Trevecca, to talk about how to navigate paying for college. In Part 1, Paul and Jacob cover both federal and state aid and the FAFSA and merit based scholarships offered by the universities.

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

Do You Remember Y2K?

Do you remember all of the hysteria around Y2K? People were stuffing cash in their mattresses and were convinced that banks would fail and planes would fall out of the sky. Today, Paul brings in a MarketWatch article called, “Stock market resembles the Y2K surge — and that didn’t end well” and talks with Ira about the similarities and differences between the market then and the market now. Later in the episode, the advisors get into a discussion about why it feels safe for investors and fund managers to invest in the largest companies then explains why this is such a risky practice.

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

A Hedge Fund Manager Claims Passive Investing Broke the Market

When you see an attention grabbing headline or news story there are two important questions to ask: Is what you’re seeing true? And what is the bias of the writer? Today, Paul and Ira address these two questions when a listener sends in an article about how passive investing is breaking the stock market. It turns out that the article was written by a hedge fund manager. Listen along as the advisors address whether the claim is true and why the identity of the writer is relevant. Later in the episode, the advisors talk about their own personal experiences with owning real estate and how most people who walk into investing in real estate don’t have a clear picture of the work or the financial return.

 

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season

Should You Consider Long-Term Care Insurance?

A listener asks Paul about people who are wealthy and need long-term care insurance. A study finds that 70% of people who live to 65 will need long-term care, but is the insurance worth it? After some research, Paul finds that only 15% of people who need long-term care actually live in a nursing home for longer than two years. Of that sampler group, who are those people most likely to be? Listen along as Paul and Ira talk about this question, with some research and information of inheritances, long-term care needs, and insurance. Later in the show, Ira looks deeper into the Thrift Savings Plan (TSP) for a client and sees quite a few issues with how much people have in fixed income when they retire. 

Concerned about the market in an election year? Register for our new webinar: Politics and Portfolios: How to Invest During Election Season