The Investor Coaching Show with Paul Winkler

2024 Election Debrief: How Did This Happen and What Does It Mean for Markets?

Today, Paul and Evan talk about both the outcome of last week's election and the workshop Paul hosted on that Thursday. The two big questions on many people’s minds are: “How did this happen?” and “How is this going to affect my retirement and markets?” Paul and Evan cover the Democrats’ tax policies, if markets can keep going up, and how the outcome may affect Bitcoin.

 

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

IRS Eyeing Retirement Account Contribution Changes

Today, Paul talks about the outlook for 2025 for contributions to IRAs, 401(k)s, and catch-up contributions. Listen along as Paul talks about how this affects retirement planning, living on an inheritance, and what the phase-out ranges to contributions look like in the new year. 

 

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 Psychology of Investing: Educated Investors Have To Stick Together

Paul talks about a psychological phenomenon where people who leave the pack and go their own way experience real pain in their brains and bodies. This is why it is so important for educated investors to huddle together in an industry that wants to make them feel “other.” Listen along as Paul talks about the psychology of investing and what you can do to stay the course and not get picked off by a financial predator.

 

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

Investing in Private Credit (and Other Crazy Products Your Advisor Might Be Pitching to You)

Today, Paul talks about advisors who are encouraging their clients to invest in loans and debt to private businesses. Paul breaks down why this is such a bad deal for investors from a risk/return standpoint and brings up other crazy products and strategies that advisors use to seem savvy, but really just prove how hard it is to get good financial advice in today’s world.

 

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

2024 End-of-Year Tax Strategies That Could Get You in Trouble

Paul talks about end-of-year tax strategies that could get you and your portfolio in trouble. Everyone wants to avoid paying too much in taxes, but Paul wants you to know that tax strategies like tax loss harvesting can create a lot of problems in trying to rebalance your portfolio. Always seek the advice of a financial advisor and an accountant before trying out tax strategies at the end of the year. Later in the episode, Paul brings an article talking about investors' behavior around precious metals and how supply and demand is the biggest factor in the prices of silver and gold.  

 

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 Market Has No Memory

Today, Paul brings up a truth about markets that most investors don’t consider: The market has no memory. Paul ties this concept to two important areas that commonly trip people up: investing around elections and 4-star and 5-star funds. Listen along to hear why you’re always hearing that past performance is no guarantee of future results.

 

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

Feeling Like You Need To Make an Election-Related Market Move? Answer These Questions First

Today, Evan acknowledges the feelings of uncertainty everyone has around presidential elections. It’s ok to be concerned about the outcome, but you shouldn’t take it out on your portfolio. Listen along as Evan brings a list of questions you need to answer before you make an election-related investment decision.

 

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 Builds Funds for Consumers Not for Investors

Today, Evan talks about how deeply large mutual fund companies and investment firms are stuck in a model that isn’t good for investors. These companies are not amateurs and have all the same research as PWI. They know that holding small U.S. and international companies offers higher expected returns than large U.S. companies, but they still largely ignore the highest respected returns of markets. Why? Listen along as Evan explains that the average investor only holds onto mutual funds for 3.4 years and that investment companies are creating products to pitch to consumers instead of offering funds for long-term investors that follow sound academic principles. Later in the episode, Evan talks about some of the options a client can consider when they have a REIT and are ready to get out of it.

 

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 Concept Explains Why You Can’t Look at 5 or 10 Year Track Records

Today, Paul explains a concept he calls a vortex that shows how dissimilar investments can be over one, three, five, and 10-year periods and what happens to the returns over longer periods. The industry is trained to use five- and 10-year track records to sell investments. Listen along as Paul teaches you why your portfolio should follow Nobel Prize-winning strategies, not investments with great short-term track records. 

 

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

Mixing Money and Politics: Market Timing During an Election Season

Today, Paul and Evan talk about some changes that happened in the market because of news and speculation about a specific outcome in the elections on November 5th. Listen along as these two advisors break down how the news affects stock prices and why the investors trying to market time so close to an election are increasing their risk and stress by mixing money and politics. 

 

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