The Investor Coaching Show with Paul Winkler

Your Income and Income Tax Affects How You Should Invest

Paul talks about why your income and income tax rate will influence what kind of investment vehicles you put your money in. Listen along as Paul teaches on tax diversification and provides some simple principles you can consider to make sure that you’re navigating income taxes correctly and not paying income taxes at unnecessarily high rates. Later in the episode, Paul talks about investors wanting to look for signs that the market is either bullish or bearish. 

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

Spotting Market Timing in this Week’s Headlines

Paul brings multiple examples of major publications and financial gurus encouraging investors to time the market. The worst part is that all of these are disguised as advice and education. Listen along as Paul urges investors to practice spotting market timing in the headlines. Later in the show, Paul talks about the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act that was introduced to Congress last week.

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

Roth IRA Conversion Question

Paul gets a question from an investor about converting a Traditional IRA to a Roth IRA. Paul explains what these investment vehicles are, the benefits of each kind, and some of the complications and misconceptions of trying to get as much tax-free money as possible in retirement. Listen along if you’ve ever been interested in investing in IRAs or converting your IRA to a Roth. Understand why a conversation with your advisor will help you know if a conversion would help you in the long term. Later in the episode, Paul answers a few questions from the estate planning workshop from last week. 

 

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

Trying to Avoid Risk Leads to the Riskiest Behavior

Paul and Jim talk about some research in an Advisor Perspectives article called “Fortune Doesn’t Always Favor the Bold.” Paul warns investors that they will be most tempted to change their strategy when their investments are struggling. Unfortunately with most investors, trying to avoid risk and losses leads to some of the riskiest behavior. Listen along as these advisors share why trying to jump on big returns leaves your retirement in a very vulnerable position. Later in the show, Paul and Jim talk about international investing and how it relates to minimizing risk in your portfolio.

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

We Live in a World of Disclosures

Paul notices we live in a world of disclosures, but are they any good at educating on the real risks of everyday life? Paul and Jim connect this to investing and share why some products and practices with obvious risks don’t have to disclose them, while other trustworthy options have to be upfront about every risk—even if they aren’t very likely to happen. Listen along as these advisors teach about risks you want to avoid, risks you should be open to taking, and why the disclosure shouldn’t be your only education on a product. 

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

Retirement Secrets that Are Best Kept as Secrets (Part 2)

Paul, Evan, and Ira circle back to the free resource “Keep Your Next Egg Safe from the IRS Money Grab” to cover some more investment “secrets” that were too dangerous not to share with investors. At the end of the episode, Paul answers a question he received from an investor about ESG investing. 

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

Rising Interest Rates: Should I Move My Fixed Income Assets?

Paul, Evan, and Ira begin by talking about why the American Dream Experience is something they would recommend for people of all ages and the difference it has made for people who are looking to understand money, purpose, and personal fulfillment. They go on to answer a question from a listener who wants to know about rising bank interest rates and your fixed income assets. Listen along as Paul teaches some about time horizons in investing and why now may be a good time to look at the options you have for the money you would need easy access to should an emergency or opportunity arise. 

 

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

Retirement Secrets that Are Best Kept as Secrets (Part 1)

This week Evan shares some “secrets” in a free resource called “Keep Your Next Egg Safe from the IRS Money Grab” from a popular retirement guru, and he is eager to hear some feedback from Paul and Ira. Listen along to be able to spot some “tricks,” “secrets,” and “tips” that don’t actually help your investments but instead could mislead you or someone you know into some strange retirement practices. Later in the episode, the advisors answer the question: Can retirement negatively affect your mental health?

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

Paul Follows Up On Nuclear Energy Advances

Paul follows up on some amazing opportunities in nuclear energy advancement that create less radiation, create the hottest temperatures in the solar system, and eliminate meltdowns altogether. Listen along as Paul explains why it’s important to be patient and optimistic about the future of technology and markets.

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

Wells Fargo Encouraging Market Timing

This week Wells Fargo told investors it is time to get into a 60/40 blend portfolio because it would rebound this year. One way to spot market timing is to watch when companies are trying to show you a product with good short term returns, or one that is “rebounding.” Statements like these may sound like they're in your best interest, but they are only encouraging you to buy things after they have already gone up. Listen along as Paul, Evan, and Ira explain a better approach for choosing your investments. 

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