The Investor Coaching Show with Paul Winkler

Veterans Day Edition of The Investor Coaching Show

Today, Evan and Ira give Paul a weekend off to celebrate Veterans Day. Evan, a veteran and a relative of a serviceperson, reflects on how American laws about the freedom to own property allow all Americans to benefit from capitalism not only as consumers, but as co-owners along with executives and other investors. Listen along as these two advisors discuss why capitalism can easily be misrepresented and why other systems don’t maintain your basic property rights and freedom of choice.

 

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

Are Frivolous Lawsuits Keeping Companies From Innovating?

Today, Paul and Ira talk about the culture of people suing businesses in America just to see if they can score some cash. After seeing someone sue Panera Bread over a caffeinated lemonade drink, Paul is curious why there can’t be a penalty for losing a frivolous lawsuit in America to curb the amount of hoops businesses have to jump through to offer products to consumers. Paul and Ira jump into a conversation about some businesses that have found some creative solutions to the problems their companies face.

 

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

Speaker of the House Addresses Social Security and Medicare Changes

In the ongoing struggle to address concerns around the full-funding of Social Security and Medicare, the new speaker of the house, Mike Johnson, proposes reforms to Social Security, igniting a conversation that will likely be carried into the 2024 election. Listen along as Paul and Ira talk about the specific changes proposed, like a change in the COLA for wealthier Americans, as well as why politicians working toward a solution should always be encouraged by Americans and what kind of changes we are most likely to see. 

 

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

Real Estate Commissions as We Know Them Could Be Gone Soon

A 6% commission on real estate sales has been commonplace in the industry for almost a century. Today, Paul and Ira talk about a lawsuit against the National Association of Realtors and how unstable market conditions are causing people to wonder if these strict commissions actually allow for fair competition in the real estate industry.

 

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

Charlie Munger Admits That He and Warren Buffet Couldn’t Repeat Their Success in Today’s Market

Today, Paul and Ira talk about a recent interview with Charlie Munger, the co-founder of Berkshire Hathaway, where he talks about how some unique market conditions led to their success after WWII and how they likely couldn’t have successfully stock picked in today’s market. Listen along as these advisors talk about their perspective on the famous investor’s comments on markets today and about how to be a successful investor without stock-picking and then influencing the companies you’re invested in. 

 

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

An Investing Concept About Risk That Drives the Whole Industry

Today, Paul shares a story about running into an investor who feels a lot more peace about his investments after connecting the dots on standard deviation. The standard deviation of an investment portfolio helps personal investors, fund companies, and even insurance companies understand how far off the investment is from its projected return and how to know when an investment might no longer be able to provide the kind of income that you expected. Listen along as Paul helps explain why standard deviation helps you determine if you’re drifting off course or if you’ve found a reliable investment. Later in the episode, Paul explains the hurdles that electric vehicles still need to overcome to be the future of transportation and why the market will eventually find the best solution for consumers and not the one that people are most excited about right now. 

 

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 Growing Number of Men Are Stepping Up to Take Care of Aging Parents

Last week, Evan ran into a counselor who specializes in helping adults navigate care for their aging parents. Today, Paul and Evan talk about an WSJ article that finds a growing number of men are stepping up to take care of aging parents, but they feel under-prepared. Listen along as these two advisors talk about psychological, financial, and personal responsibilities that accompany the role of caregiver. The two then discuss empathy after being confronted with the question: Could AI be better at empathy than humans? Later in the show, Paul and Evan look at some research about whether cannabis is an effective way to reduce anxiety and how that might affect people who went all-in on cannabis stock a few years ago.

 

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

Financial Planning for Divorce: Part 2

Divorce can be painful and complicated. There are different ways to handle settlement, and it’s easy to make financial mistakes. Today, Paul shares Part 2 of a helpful conversation he had last week during a webinar called “Financial Planning for Divorce.” Listen along as Paul Winkler hosts this workshop along with Chartered Divorce Financial Analysts Anne Sawasky and Arlene Brown. They will use their expertise to help you wade through the most common problems and present you with practical steps to take. 

 

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

Financial Planning for Divorce: Part 1

Divorce can be painful and complicated. There are different ways to handle settlement, and it’s easy to make financial mistakes. Today, Paul shares Part 1 of a helpful conversation he had last week during a webinar called “Financial Planning for Divorce.” Listen along as Paul Winkler hosts this workshop along with Chartered Divorce Financial Analysts Anne Sawasky and Arlene Brown. They will use their expertise to help you wade through the most common problems and present you with practical steps to take. 

 

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 Selling Assurance, But Gambling More Than Ever

Paul and Evan talk about how the financial industry sells the “safest” and “best” product to investors given market conditions, and then the financial media swoops in to convince investors of some new information that pushes everyone in a different direction. Listen along as these advisors ask investors: During a time war, political uncertainty, elections, and new technology, do you want to trust that these companies know what is going to happen next? Instead, Paul encourages investors to take an approach that allows them to spread their risk out and unplug from the news. Later in the episode, a survey of Robinhood accounts shows that when investors can choose which companies to own, they usually pick companies that they already know and are using the products or services of. 

 

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