The Investor Coaching Show with Paul Winkler

High Interest Rates: Should You Move to Cash?

Today, Paul finds it ironic that investors are feeling tempted to put their retirement into a money market and savings account after months of banking issues, regardless of how high the interest rates may be. If you know someone considering this, listen along as Paul urges investors to understand that holding your money on the sidelines because of fear of the future is actually a form of market timing. Later in the episode, Paul shares an article about how retirement plans love to offer lots of fund options but no real diversification.

 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

A Lesson On Debt, Your Standard of Living, and the Two Philosophies of Spending: A Foundation You Can Build On

Today, Paul talks about how trying to enjoy a higher standard of living than you can afford is the first hurdle to overcome when you’re beginning your journey to saving, investing, and finding purpose with your money. Listen along as Paul teaches about two different philosophies of spending and two different kinds of debt. These tools will help you learn how to avoid taking on bad debt and learn to live on less than you make.

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Six Advisors On How to Invest $1,000: Five of Them Give Bad Advice

In a MarketWatch article, six advisors are asked how they would invest $1,000. Paul is disappointed that only one of them encourages investors to consider their long-term goals when investing. He's also surprised that none of them recommended annuities given the record-setting annuities sales right now. Later in the episode, Paul revisits two articles that are encouraging investors to leave the market when times get rough, breaking one of the biggest rules of investing: buy low and sell high.

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Investors Are Biding Up AI Companies Like They Did Tech Companies in the Late 90s

Today, Paul brings an article called “Apple, Nvidia, Meta, Lead Market Rally (Why That’s Not Good)” and talks about why market returns aren’t always great, especially when they are the result of investors getting overly excited about AI and bidding up stock prices. Later in the episode, Paul reminds listeners that the paulwinkler.com website has free resources, articles, webinars, and podcast episodes about financial planning topics, investing, tax law changes, and social security that you might not see on the show every week. If you have a question about these topics, a quick search on the website might be a big help.

Get access to Paul Winkler’s website resources at paulwinkler.com.

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Taxes and the Economy: Interview with Art Laffer, Reagan’s Economic Advisor (Part 2)

Today, Paul is honored to welcome Art Laffer to The Investor Coaching Show. Dr. Laffer served as economic advisor to both Ronald Reagan and Margaret Thatcher and is a Presidential Medal of Freedom recipient. He is an economist, educator, and author of the book Taxes Have Consequences. In this second part of their interview, Paul and Dr. Laffer discuss the Great Depression, tariffs, and if the United States would ever add a consumption tax. 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Taxes and the Economy: Interview with Art Laffer, Reagan’s Economic Advisor (Part 1)

Today, Paul is honored to welcome Art Laffer to The Investor Coaching Show. Dr. Laffer served as economic advisor to both Ronald Reagan and Margaret Thatcher and is a Presidential Medal of Freedom recipient. He is an economist, educator, and author of the book Taxes Have Consequences. In this part of their interview, Paul askes Dr. Laffer about the origin story of “The Laffer Curve,” the IRS, and his involvement in political and economic history.

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Do You Want to Live Another Eight Years? Get A College Degree

Paul brings a study that shows that college graduates on average live eight years longer than those who don’t, and the gap is widening. Paul is quick to think about the implications of this on life insurance and annuity products. Later in the episode, Paul talks about how long it took for the investment industry to realize that the lack of regulation of cryptocurrencies could be an issue.

 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

A Company Convinces a Woman with Dementia to Sell Her Home — The Perfect Metaphor for a Broken Industry

Paul talks about used car sales and companies like We Buy Ugly Houses to explain what value stocks are and why their long-term performance is strong. Paul finds an article that reports We Buy Ugly Houses is accused of taking advantage of people who are in desperate situations. Listen along as the advisors talk about how often companies like these (and even investment professionals) claim to be fiduciaries, but take advantage of what people don’t know to sell them things they don’t need. They all agree that everyone needs to be called to a higher standard. Later in the episode, the team talks about a Bloomberg article called, “Young Americans Struggle to Hit Adult Milestones.”

 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

Is Paul Worried About Artificial Intelligence and the Stock Market?

Today, Paul, Evan, and Ira start the episode reflecting on Memorial Day, free markets, and why fear shouldn’t be what defines our nation. Paul pivots to talk about investor fears and a radio interview he had this week where he was asked: Should we be worried about Artificial Intelligence and the stock market? Listen along as these investors give their perspective and share how long-term, academic investing principles allow all investors to tune out the headlines, stay calm, and let the market do its job. 

 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

It’s Time for Banks to Start Earning Your Trust: How to Spot a Bad Bank

Banks have been seen as safe places for money for most of the last century, but as we’ve seen lately, blindly trusting your bank can get you into a lot of trouble. Listen along and learn how to spot banks that are more concerned with selling their products and tying up your money than providing a safe place to store your spending money and emergency fund. Later in the episode, Paul and Jonathan talk about why your behavior is more important than anything else when it comes to successful investing.

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.