The Investor Coaching Show with Paul Winkler

Lowering Your Inflation Anxiety/ESG Politicizing Your Retirement

Paul and Arlene cover two topics that are keeping investors from relaxing about money: anxiety over inflation and retirement assets that are tied up in political agendas. Listen along as they talk about who is most anxious about the economy, what you can do about it, and why ESG assets aren’t about financial security but rather politics and personal values.

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

Paul Responds to the Inflation Reduction Act

The Inflation Reduction Acts is a massive medical, tax, and climate bill that the House passed late last week. Today, Paul and Arlene talk about the 1% tax on stock buybacks, the 15% minimum tax for certain companies, Medicare pharmaceutical negotiations, and a boon for certain sectors related to clean energy. Listen along as Paul and Arlene help investors understand how the bill might help Americans and what might just be showmanship. Later in the episode, the discussion centers on if the Fed was too hasty in raising interest rates. Paul and Arlene talk about why speculation around interest rates and Social Security COLAs is unhelpful. 

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

A Great Book About Long-Term Care

Paul shares about the book Being Mortal, which takes an in-depth look at human mortality and the end of life. It looks at the pioneer of assisted living homes and how these homes prioritize the need for autonomy and personal connection over safety and medical care. Listen along as Paul shares insights about long-term care and what to consider for yourself or your loved ones.

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

Financial News Recap: August 16, 2022

Paul recaps some of the top financial stories he found this week and explains how investors can both avoid the common traps these headlines create and have reasons to be optimistic about the future. Listen along to hear about United Airlines putting down a deposit on flying taxis, Warren Buffett buying up stocks on the dip, and ETF outflows are increasing. Later in the episode, Paul talks about a COLA increase for Social Security in 2023 and how we all learn to adjust during times of inflation. 

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

Digital Assets: A Reason to Revisit Your Will

Did you know that your loved ones will likely not have access to your email accounts, online pictures or videos, and other digital assets unless they are included in your will? Today, Anne brings up digital assets, what they are, and why they need to be included in your estate plan. Listen along as Paul, Anne, and Ira talk about some steps you can take today to remove stress from your heirs regarding your digital life. 

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

Trying to Time the Housing Market

Paul addresses the drop in mortgage interest rates this week and advises you not to try to time the housing market even if the experts can't agree whether rates will go up or come back down again. Paul explains why banks and companies who loan money for 15 or 30 years have considered the future of rates and how it will impact their bottom line. At the end of the episode, Paul and Ira talk about the 30-year mortgage versus the 15-year mortgage. 

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

Responding to the News Is a Losing Strategy

People have an uncanny ability to see patterns where they don’t exist. The ingenuity of people and free markets find solutions to problems in unlikely places. Markets respond instantly to events, policies, and news. Today, Paul, Anne, and Ira talk about what changed this week and why responding to the news is a losing strategy. 

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

Early Retirements Can Lead to Fake Retiring

Anne and Ira bring up a new term for Paul today: “fake retiring.” Listen along as they talk about a man who retired as early as possible and then found himself in “fake retirement.” Paul talks about why some newer concepts like early retirement, passive income, and even remote work can take a toll on your sense of purpose and cause financial stress.

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

Don’t Play the Lottery With Your Retirement

Many Americans lined up to purchase lottery tickets last week in attempts to claim the $1.337 billion lottery prize. Paul talks about a correlation between economic stress and lottery ticket sales. Paul shares about his first job servicing lottery computers, why economic stress leads to gambling behavior, and why investors who are trying to work the market or get out of it during economic downturns are actually gambling with their retirement and life savings. Later in the episode, Paul shares some positive trends that new outlets love to overlook.

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

Do You Understand Risk and Return?

Paul and Ira talk about how most investors don’t understand a fundamental investment concept that may be leading them into harm's way. A recent survey shows that many investors believe that the safest investments bring the biggest returns. Listen along as Paul and Ira explain risk and how you can have it work for you in investing. After the break, Ira talks about banking and hoarding cash during this time of high inflation. 

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