The Investor Coaching Show with Paul Winkler

Electric Vehicles in 2023

Are electric vehicles positioned for success in 2023? Car companies and the investment industry would like you to think so. Today, Paul, Evan, and Ira talk about an article that predicts a surge in electric car sales next year. Listen along as experienced advisors break down why articles like this are great for the investment industry but bad for investors, and what hurdles electric vehicles still need to overcome to compete with their gas counterparts.

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

Ira Went to An Annuity Sales Dinner—So You Don’t Have To

Have you ever been offered a free dinner to hear a presentation about investing? After getting inundated with invites, Ira finally decides to go to one to see if anything has changed since he was selling annuity products like these decades ago. Listen along to hear a couple of funny stories about what happened and why Ira, Evan, and Paul are so serious about investors avoiding insurance companies with their retirements. A dinner like this could end up costing you big time in fees, commissions, and misleading returns.

 

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

Ready to Feel Like an Experienced Investor?

Do you ever feel like winning at investing is owning popular assets, knowing the most advanced tax strategies, having the best protection against risk, and somehow enjoying amazing returns? Today, Paul shares the truth about what most experienced investors know: that long-term investing can be kind of … boring. Listen along to understand why feeling like you're good at investing is different and being good at investing aren’t the same thing. 

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

Is the American Dream Dead?

The world is full of negativity, which can wear you down and distract you from your calling. Paul, Evan, and Ira talk about whether the American dream is a destination, or something you can live every day. Listen along as they share about an event this coming February called the “American Dream Experience” that helps investors discover their true purpose for money and build confidence around their dreams and goals. Later in the show, the team explains how someone who claims to be looking out for you can sell you a product they can’t fully explain but it makes them a great commission. 

 

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

Large Tech Companies Are Bracing for a Shake Up

Paul, Evan, and Ira talk about the Federal Trade Commission (FTC) suing Microsoft for trying to acquire Activision and Apple looking to move production out of china. What influence does this have on investors who aren’t properly diversified? Paul talks about what happens when companies get so large that they could be considered utilities. Later in the episode, the team unpacks the logic behind buying individual stocks and why it doesn’t make sense for people trying to live off their retirements.

 

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

Shared Assets Create Happier Marriages

Earlier this month, Paul talked about how married couples accumulate more wealth than unmarried couples living together. Today, he shares research that reveals how shared bank accounts and other assets raise the level of satisfaction both people feel in the marriage. Listen along as Paul and the team work through how money affects your relationships and how relationships can affect your money.

 

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

You Need More Than a Fiduciary

Have you seen an advisor or an advisory firm that is working hard to let you know they are fiduciaries? Paul explains why you need more than a fiduciary to be a confident investor. Listen along as Paul explains how people can claim to be working in your best interest but not give your retirement assets the discipline and planning they need to help meet your financial goals. Later in the show, Paul shares about purpose-based investing. Paul asks, “What role does purpose play in your investing?”

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

Is Investing in Successful Funds and Companies a Trap?

Paul talks about how the investment industry loves to sell investments with recently successful companies and funds, and he explains why this practice leads to returns well below market returns. Listen along as Paul shares why successful companies can pay less to use your money, why avoiding struggling companies cuts you out of future earnings, and how successful companies and funds play games to gain a positive view in the public eye.

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

False Fraud Claims Hurt the Credit Score System

Paul brings a WSJ article that shares how a change to flag fraudulent accounts affecting your score is actually being abused and causing more credit score confusion. Paul shares about why you still need to care about your score and how it impacts how you finance your home or pay for various kinds of insurance. 

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

Good News: Aging Can Bring Less Stress

Worried about the future? Paul shares a Market Watch article called, “Why Many Older Adults Stress Out Much Less Than Twenty-Somethings Do.” Research shows that stress lowers as you age. Later in the episode, Paul talks about hardship withdrawals for 401(k)s reaching an all-time high. 

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