The Investor Coaching Show with Paul Winkler

SECURE Act 2.0: What You Need to Know (Part 1)

In this two-part episode, Paul, Ira, and Anne spend an hour updating investors on the SECURE Act 2.0, a massive piece of tax legislation that impacts almost every tax-advantaged investment vehicle. Listen along as these advisors cover the changes in the law with regard to Roth IRAs, Inherited IRAs, Roth 401(k)s, 529s, and RMDs. Pauls explains why investors should be slow to let taxes control their investing strategy, but he also explains why you should also be diversified from a tax perspective.

 

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Leave Those 2022 Markets Behind You

With 2022 in the rearview mirror, Paul encourages investors to leave the past in the past. One of the easiest traps for investors to believe is that whatever happened will continue to happen. Paul encourages investors that we don’t know what the stock market, economy, inflation, or politics will look like in 2023. Later in the episode, Paul shares a family tradition he has in the new year that encourages him and his family to make SMART goals.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

What Will You Do in 2023? (Part 2)

Paul talks about reflecting on life and personal goals as we move into the new year. Paul reflects back on some of his past goals and talks about some of his habits around staying focused and motivated. Listen along to get some ideas about how you can approach personal growth in 2023.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

What Will You Do in 2023? (Part 1)

Paul talks about reflecting on life and personal goals as we move into a new year. Paul reflects back on some of his past goals and talks about some of his habits around staying focused and motivated. Listen along to get some ideas about how you can approach personal growth in 2023.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Busting the Myth About Dividend-Paying Stocks

Today, Paul and Ira bust the myth about taking an income with dividend-paying stocks. Listen along as they talk about why companies pay dividends and why this is a risky approach to investing. The advisors then segway into a conversation about how many people downplay the risk of inflation and the expenses of aging when they choose conservative assets with little upside potential later in life.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Games Management Companies Play

Paul and Ira talk about the games management companies play when they design funds. Management companies are more interested in funds that sell than in funds that perform well because they can just get rid of all the underperforming funds after they tank. Listen along as these advisors share some products that are obviously marketing tools and encourage you not to play these companies’ games.

 

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Investing Basics: Choosing 401(k) Funds

Paul and Ira talk about what they do when 401(k) plans don’t offer any of the funds that offer proper diversification. Listen along as the advisors share why some of the best funds aren’t popular options in your 401(k) plan and how to make the most of the funds that are available. Later in the episode, Paul and Ira talk about US versus international markets.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Investing Basics: Stock Market Segments and Diversification

Today, Paul and Ira talk about why diversification is more than just a buzzword. Paul and Ira share the experiences that brought them to the academic investment principles we use at Paul Winkler Inc. Listen along as they explain the different segments that come together to make what’s considered “The Stock Market,” the segments that they include in a diversified portfolio, and why.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Why Investing Based on Values is a Trap

Trying to invest in companies that align with your personal moral values is a slippery slope. Today, Paul, Evan, and Ira look at a Christian investment company that helps Christians avoid investing in anything that doesn't align with their beliefs. Are the top holdings any different than what the industry loves to sell? Listen along to hear why values-based investing is practically impossible, and how it’s usually just a marketing tool.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Jason Zweig Nails Hindsight Bias

The market doesn’t have a memory, but investors do. And many investors get fooled because of it. Paul shares an article from the WSJ called “Mirror Mirror on the Wall, Who Knew that Stocks Would Fall?” by Jason Zweig. He interviews people about their predictions for 2022 in January, and then follows up at the end of the year to see if anyone can remember their predictions. Investors strangely remember making predictions they never made. Listen along as Paul explains hindsight bias and how it can kill a great investment plan. Later, Paul and the team spend some time talking about changes for Apple in the EU, and why markets need competition.

To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.