The Investor Coaching Show with Paul Winkler

International Stocks Returns vs. CD Interest Rates — It Doesn’t Add Up

After a few years of inflation, CD interest rates have risen up to around 5%. This has an investor asking Paul why he would take the risk to invest in market segments with historic 5% returns, like international companies, when he could just recommend CDs instead. Paul explains why you can’t compare the average return of international stocks over 20+ years to the return of CDs for the next few years – it just doesn’t add up.

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 Financial Industry Is Not Trustworthy

Paul wants to make it clear: you can’t trust the financial industry. It’s their job to sell products, and they do it by telling you something you want to hear and giving you part of the truth about their products. It’s your job to be an informed investor and not fall for these sales pitches. Today, Paul walks through a few products being sold that he saw in the news this week and talks about investors he knows who have gotten hurt from falling for these kinds of headlines. Paul urges investors to get smart and get involved in the process. Later in the episode, Paul talks about how it was hard to convince people to diversify in the 90s because of a huge run with large US stocks and why investors usually aren’t able to make a wise decision until after they’ve made a costly mistake. 

 

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

A Look Into a Financial Stewardship Class with Paul Winkler

Paul taught a financial stewardship class at Trevecca earlier this month and was surprised at some of the questions students brought about investing and financial stewardship. Listen along as Paul shares some of the best questions from this class with Ira Work and his answers, to give you a look into what a financial stewardship class with Paul would look like. 

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

You Didn’t Take a Loss, But Your Portfolio Still Failed

Paul and Ira talk about how ubiquitous market timing is in the investment industry and how investors never really know how to measure whether or not their portfolios are successful. The reality is that a portfolio can go up 190% in 20 years and underperform the worst asset category during that time. Companies don’t usually educate investors about risk and return in investing, and instead they try to use track records and fund ratings to push products that make them the most 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.

Insurance Companies Penalize You for Needing Insurance

More and more people either can’t afford, can’t qualify for, or get dropped from their homeowners and auto insurance plans and are forced to get state insurance plans. Today, Paul and Ira talk about why having a rental property that needs a new roof and being in an accident that wasn’t your fault can be enough to get you dropped by an insurance company. Paul thinks it’s important to be an educated consumer and talks about insurance in the United States right now. The unfortunate reality is that insurance companies usually penalize you for using your insurance and there are some steps you can take to mitigate risk. Later in the episode, Paul talks about State Farm dropping 72,000 homeowners insurance policies in California and how to search for unclaimed property that may belong to you. 

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

Tax Planning Through The Four Phases of Retirement (Part 2)

How much you save for retirement is important, but what’s more important is how much you will get to keep. In a two-part episode, Paul recaps a recent workshop he taught on taxes called “Tax Planning Through The Four Phases of Retirement”. Paul covers the different kinds of taxable retirement accounts and programs like social security and medicare so that you can avoid unnecessary taxes and relax about money.

You can watch this workshop along with many others by visiting paulwinkler.com/webinar.

Tax Planning Through the Four Phases of Retirement (Part 1)

How much you save for retirement is important, but what’s just as important is how much you will get to keep. In this two-part episode, Paul recaps a recent workshop he taught on taxes called “Tax Planning Through the Four Phases of Retirement.” Paul covers the different kinds of taxable retirement accounts and programs like Social Security and Medicare so that you can avoid unnecessary taxes and relax about money.

 

You can watch this workshop along with many others by visiting paulwinkler.com/webinar.

What Happens When a Financial Decision Comes Before a Moral Decision

Evan brings a column from MoneyWatch that talks about what happens when people get asked to put financial decisions above personal and moral decisions. You could have a strong opinion about not moving in together until you realize the amount of money you both could save by doing it. You could be against stealing or cheating until you realize how much money you could gain by being dishonest in a business deal. The reality is that money decisions exist in many places that you may not expect. Evan and Jonathan share their opinions on this column and why it’s so important not to think that money is the most important factor in decision-making. Later in the show, Evan talks about scammers pretending to be wealthy billionaires on Facebook offering investing advice. 

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

After 2020, Americans Want a Different Kind of Retirement

A survey shows that most Americans don’t see retirement as a time to kick back with their feet in the sand, but they see it as a time to live in their purpose and accomplish some of the best work of their life. Evan and Jonathan explore the implications of this on saving and planning for retirement and why there may be more optimism about retirement now than in the past. Later in the show, Evan talks about the benefit of spousal retirement contributions in your tax filing. 

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 Industry Is Profiting From Young Investors Who Want To Make a Difference

Jim at the Goodlettsville office sent Paul a summit for younger investors held by a company that pushes value-based investing. The truth is companies profit from young investors who want to make a difference. Paul cautions young investors trying to make a difference in the world with their money because companies will market products that seem to make a difference, but the money doesn’t actually go to the cause; it goes to the fund company. Paul explains what happens to your money when you invest, why the returns are so low for these funds, and how you can use your money in ways that line up with your values. Later in the episode, Paul talks about a conversation he had with an investor who was leaving to invest somewhere else.

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