The Investor Coaching Show with Paul Winkler

When Should You Walk Away From an Advisor or Firm?

Paul, Evan, and Dan finish up a conversation on an article called “5 Signs It Could Be Time to Fire Your Advisor” and explain why the advice was a bit of a mixed bag and what they consider to be a dealbreaker in the advisor-investor relationship. Evan shares an encouraging email he got from an investor asking the right questions about their portfolio and explains why the right education makes all the difference. Later in the show, Evan talks about how crypto is targeting older investors through new ETF offerings. 

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 First Investing Statistic Paul Has Ever Heard About Groundhog Day

Evan does some research and discovers that the S&P 500 has had almost double returns the year that the groundhog doesn't see his shadow on Groundhog Day. Paul, Dan, and Evan have some Groundhog Day fun on the show and talk about how you can dig around the data to find all sorts of patterns that give people a reason to gamble and speculate with their money. Listen along as the advisors have a good laugh about why they don’t plan to reallocate everything to the S&P 500 based on this “news”. Later in the show, the advisors talk about why it’s important to have a financial planner who works with you on investment decisions, but if your planner wants you to be involved in every move to manage your portfolio that should be a red flag.

 

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

We’re Tired of Seeing Investors Hurt by the Investing Industry

Today, Paul invites Evan (from the Brentwood office) and Dan (from the Dixon office) on the show, and they quickly get into a discussion on some of the most frustrating parts of the investing industry. These advisors talk about their early experiences in the investment industry and how they were taught to twist academic research into advertising for products. Listen along to hear the investors talk giving an insider's view to the problems in their industry and how it’s easy for investors with some education and good intentions to get hurt. Later in the show, Paul shares how inheriting two REITs turned one investor's inheritance into a burden.

 

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

Companies Invest in Risky Products and then Blame the 60/40 Portfolio

Today, Paul brings an article for advisors that claims the 60/40 portfolio is in fact not dead and can be used to take an income. Paul explains that for the last few years these companies have invested in risky bonds and stocks and then blamed the results on the ratio of stocks versus bonds instead of a lack of diversification and risky bonds durations. Listen along as Paul explains what’s going on behind the curtain in the industry. Later in the episode, Paul addresses the claim that your credit score doesn’t matter.

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

Two Great Listener Questions About Annuities and Electric Vehicles

Paul gets two good questions from listeners. One about a financial product and the other about an investing trend. Listen along as Paul gives a more in depth explanation about why annuities are tools that are often misused, but can’t be completely dismissed. Later, Paul responds to a listener who wants to know if companies who have gone all in on Electric Vehicles (EV) are in trouble and if investors should be making moves to benefit from this information. Paul explains the risk companies take in innovation and the risk investors take in getting advice from investing newsletters and stock picking. 

 

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

Fiscally Fit in Your 40s: How to Tell If You’re on the Right Track

Sometimes in your journey with money it’s hard to know if you’re headed in the right direction. Today, Paul, Evan, and Ira talk about an article that gives four ways to tell if you’re fiscally fit in your 40s. Listen along as these advisors share how they help move clients toward financial health and a retirement that reaches their goals.

 

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

Something You Should Know About Inheriting a Home From a Relative

Ira shares a helpful article that breaks down the myriad of ways an inheritance can get derailed by a parent who means well and includes their children on the title of their home. Evan chimes in to talk about why you can get into tax and legal trouble by adding people to accounts or assets without consulting both a lawyer and a financial planner. Later in the episode, the advisors talk about the most recent article by WSJ columnist Jason Zweig called “What I Learned When I Stopped Watching the Stock Market.”

 

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

Do You Understand Why Choosing the Companies You Invest in Is Dangerous?

Today, Evan and Ira explain why spending time researching companies and performance trends is dangerous and share some news headlines about individual companies this week that negatively affected the investors who went all in on them. Listen along as these advisors break down why this specific investment strategy is not worth your time or energy. Later in the episode, Evan talks about IBM changing their retirement match for a guaranteed rate of return. 

 

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

We’re Seeing a Trend Toward Passive Funds. Is that enough?

The industry seems to be waking up to the risk of actively managed funds and the money is starting to back that up. Today, Evan brings a Morningstar article called, “It’s Official: Passive Funds Overtake Active Funds” that explains an encouraging trend away from active trading in investment products. Ira wants investors to know the difference between these two kinds of funds and why a “passive” fund may be better but isn’t free from management issues. Later in the episode, Evan talks about why younger investors seem to have lower confidence about retirement and aren’t planning for it well. Listen along as the advisors talk about how you can get started.

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 First Step to Relaxing About Money

Learning about markets, diversification, and financial sales tactics is only a part of the financial education you need to build a healthy relationship around money and investing. Today, Evan and Ira talk about an event called The American Dream Experience and why stopping to examine your own thoughts about money, success, and purpose is an important first step to relaxing about money. Later in the episode, the advisors cover some of the most common hurdles people face as they learn about their own money scripts.

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