The Investor Coaching Show with Paul Winkler

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.

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.