The Investor Coaching Show with Paul Winkler

Structured Notes: Big Promises With Hidden Dangers

Paul got a question from an investor about structured notes and realized that it’s been a while since he’s talked about this investment product on the show. Listen along as Paul teaches about what structured notes are, what problems they claim to solve, and why the financial media doesn’t give you enough information to understand how they work. If you’ve never heard about structured notes or they have piqued your curiosity, Paul spends some time to help you feel confident about your investments and not be in the dark about this product.  

 

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

Black Swan Events: Learning How to Be Anti-Fragile

Most parts of life happen in a predictable way. Things like, how wealthy you are, how tall you are, or even market returns create a bell curve with most people being average and fewer people on the extremes. However, there are a few events in the financial world called black swan events, like the Great Depression, that don’t fit this pattern. Today, Paul and Anne find an article called “Hope for the Best, Prepare for the Worst'' that unfortunately is encouraging people to buy annuities, but Paul thinks the message is valid: You have to learn how to build a financial foundation that isn’t fragile and that withstand a few years of bumps along the way in order to meet your goals. Listen along as Paul shares his insight on this topic and why just jumping into an annuity isn’t the solution.

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

5 Questions Women Need to Be Able to Answer About Retirement

Women usually face a much different retirement landscape than men. Single or divorced women outlive their male counterparts and think and plan less than men around retirement. Today, Anne brings an article called, “The Keys to Helping Women Build Retirement Strategies” that covers 5 questions all women need to be able to answer about their plans for the retirement stage of life. Later in the episode, Paul and Anne talk about the American Dream Experience, how it’s giving people hope and clarity around purpose and money, and how you can get involved.

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

Pushing Past the Awkwardness: Marriage and Prenups

In this episode, Paul and Anne discuss why prenups should be more popular. Listen along as these two advisors talk about why it may be important for couples to push past the feelings of awkwardness and consider a prenup to address property, wealth, or businesses either party has and how marriage impacts this. This is especially true for people considering marriage or re-marriage later in life. Later in the episode, Paul and Anne share a laugh about an advertisement for gold on the Weather Channel.

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

Jason Zweig on Being a Great Investor: What Does It Take? (Part 2 of 2)

Being a successful investor and staying the course is hard in today’s world. In part two of Paul and Jim’s discussion on "The 7 Virtues of Great Investors," these advisors share the final four virtues of successful investors: Humility, Discipline, Patience, and Courage. Listen along to hear why these are more important than any investment product or strategy you might turn to reach your goals.

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

Jason Zweig on Being a Great Investor: What Does It Take? (Part 1 of 2)

Paul and Jim share an article called, “The 7 Virtues of Great Investors.” In today’s financial climate, it's easy to believe that staying up to date on the news, on financial products, and on investment strategies is going to help you grow and improve as an investor. This recent article by Jason Zweig gets to a deeper truth: that personal growth and knowing yourself is the most important part of being a great investor. Part 1 of this two-part episode addresses the question, “Are you letting strangers do your thinking for you?” Listen along as these advisors share the first three virtues of successful investors: Curiosity, Skepticism, and Independence.

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

”Undiscovered” Stocks PWI Has Used for More Than 20 Years

Paul brings an article from MarketWatch titled “An undiscovered universe of stocks is trading at ‘near generational lows’ fund manager says” that shows how bad the industry is at diversification because PWI has known about and invested in this part of the market for over 20 years. Listen along as Paul talks about the difference between U.S. and international companies, between small-cap and large-cap companies, and what you need to know to transition from trailing investment trends to securing market returns. 

 

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

One in Four Americans to Live with Disability: Are You Prepared? (Part 2 of 2)

Whether from age, illness, or an unexpected life experience, most Americans will either need a caregiver or be a caregiver at some point in their life. In a two-part series, Paul brings Chad Henson, a PWI advisor, Chartered Special Needs Consultant® (ChSNC®), and Chartered Retirement Planning Counselor® (CRPC®), to talk about how simple it can be to take steps toward securing your own future or the future of a loved one impacted by disability. Listen as these two advisors talk about why having a basic or incomplete plan is better than not having one at all.

 

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

One in Four Americans to Live with Disability: Are You Prepared? (Part 1 of 2)

Whether from age, illness, or an unexpected life experience, most Americans will either need a caregiver or be a caregiver at some point in their life. In a two-part series, Paul brings Chad Henson, a PWI advisor, Chartered Special Needs Consultant® (ChSNC®), and Chartered Retirement Planning Counselor® (CRPC®), to talk about how simple it can be to take steps toward securing your own future or the future of a loved one impacted by disability. Listen as these two advisors talk about why having a basic or incomplete plan is better than not having one at all.

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

Most Financial “Planning” Is Just Product Sales—Here’s How to Spot It

Unfortunately, most of what we consider to be financial planning in the world today is just product sales disguised as financial advice. Today, Paul shares two tactics advisors use to try to sell their investment products that you need to know before you walk into a planning meeting. Listen along to hear how sales people can twist things that you know are true to sell you something that you would never agree to buy if you were more educated about the product. Later in the episode, Paul feels bad for investors who got overly excited about real estate and now own a property that’s not meeting their expectations.

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