The Investor Coaching Show with Paul Winkler

Can Apple Keep Being a Tech Disruptor? And What that Means for Stockholders

Paul and Anne talk about some recent red flags for Apple, who turned into a tech behemoth by putting out new and innovative products but is now saturating the market with its yearly releases of similar products. Can Apple keep being a tech disruptor? Paul comments on how many American investors’ portfolios are likely overweighted in companies like Apple and why you don’t want to stake your financial future on continued success for just a few companies.

 

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

Commision-Based Products Give Advisors the Wrong Incentive

One reason that products like annuities are still being sold to investors is that advisors are being given large financial incentives for selling them. Ira shares two different mass emails he received this week from companies that are trying to help him as an advisor sell annuities or other commision-based products. Listen along as the Paul Winkler team talks about why commission-based products give advisors the wrong incentive and could put them at odds with their fiduciary responsibilities. Later in the episode, Jim finds many investors are being convinced that investing is gambling. Today, he brings an article called “Investing, Done Correctly, Is Not Gambling” to sort out some of the misinformation.

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

Ira and Jim Share Their Experiences Before Working at PWI

Today, Paul turns over the reins of the investor coaching show to Ira Work and Jim Wood, who share how they both got into the industry, what it was like working for insurance companies and broker-dealers, and how they came to understand that investors deserved more than what their jobs could offer. Later in the episode, Ira brings up an article about finding fulfilling employment in your retirement years, asking the question, “Can you work and be retired?”

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

Paul Responds to Skepticism About Poor Gold Returns

This week Paul got some push back from a listener about saying that gold isn’t an investment and has had practically no return in the last 40 years. Paul takes a minute to address what he said about gold and explains what investors need to know about investing in commodities like gold and how it clashes with the investment philosophy of PWI. Later in the episode, Paul talks about an old workshop about investor fears and how fear can lead to decreased purpose around life and money. 

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

Could Index Investing Hurt the Market?

As time and technology changes, so does the way we interact with markets. Paul finds an article called “Growth of index investing is no threat to market efficiency, study says” and wants to explain to investors what index investing is, what an efficient market is, and why index investing is foundational to investing principles. Later in the episode, Paul shares a timely comment about inflation from the St. Louis FED chair.

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

The Reality of Investing in Companies You Don’t Like

Paul shares a practice that is almost identical to stock picking but is harder to spot. There is usually a drive for investors to “do good” by choosing companies that seem reputable or cutting edge and removing companies that don’t align with their personal or political beliefs. Listen along as Paul shares about the reality of investing in companies you don’t like and why emotion or conviction should not be the guiding principles to choosing companies that go in your portfolio. Later in the episode, Paul talks about how a small group of coders are working on the Bitcoin system trying to keep it safe and alive. 

 

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

The FEDs Digital Currency and the Problems It Solves

Paul helps educate investors of the FED’s proposed digital currency and the problems it solves. There is a lot of misinformation about the risks of a cashless society or government overreach, but Paul wants investors to understand more about the money supply and the advantages of a digital currency over a physical currency, allowing businesses to operate more safely and efficiently. Later in the episode, Paul and Lovectecus talk about how 2023 has included more UFOs and weather balloons than anyone expected.  

 

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

Here’s a Book Paul Thinks You Should Read

Today, Paul talks about some of the key takeaways from the book From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life. Listen along as Paul explains to listeners how rewarding the second half of life can be and how you can transition to a life full of personal fulfillment and strength as your skills begin to shift later in life. Later in the episode, Paul talks about the difference between intrinsic and extrinsic goals and how they affect your feeling of personal fulfillment.  

 

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

Investing Before Tax Filing: A Guide for Choosing Accounts and Investments

With tax filing season upon us, you may be considering opening new investment accounts or making specific contributions to an old account that fit into your tax-filing strategy. Today, Paul provides a guide for choosing accounts and investments that will align with your goals and maximize your filing this year. 

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

Fear of a Downturn Looms Over News in 2023

Paul noticed a headline during a financial TV show using market futures to claim that the DOW was going to be down four of the last five weeks. Paul explains why cherry-picking the DOW (30 companies) to predict market patterns doesn’t help investors understand an important investing concept: market volatility. Listen along as Paul explains why it is good for investors that there is risk involved in investing and how insurance companies love these kinds of headlines because they use fear to encourage investors out of arguably the greatest wealth-building tool in the history of mankind. 

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