The Investor Coaching Show with Paul Winkler

Can You Make Your 401(k) Pay Out Like a Pension Plan?

Paul and his team start by addressing a new lawsuit that threatens the future of crypto. A WSJ article claims that new ways to make retirement income can make your 401(k) pay out like a pension plan. Listen along as experienced advisors look through the strategies in the article and decide if this sounds like a sales tactic or sound advice. Later in the episode, Paul reminds investors of how the Cold War ended and why it’s a bad idea to lose hope or make emotional decisions right now. 

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

Inflation Hurts in Some Areas More Than Others

Have you felt your costs go up due to inflation? Most companies are trying to avoid raising prices to avoid losing customers to cheaper competition. Paul uncovers new research that finds certain industries have been able to raise prices without negatively affecting customer satisfaction. Listen along to hear which companies may be better positioned to raise prices on you and which might make you more frustrated with their price increases.

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

What Does the Worst Inflation in 40 Years Mean?

While we are experiencing the worst inflation in 40 years, this fact doesn’t paint the whole picture of what is happening in our economy. Paul spends some time comparing the markets and economies of the early 1980s to today’s markets and economies to explain why cherry-picking facts like these may lead to bad investment decisions. Later in the show, Paul examines an article about why the energy industry is slow to respond to the president’s urging to produce more oil and natural gas.

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

U.S. Currency Value Stays Strong

The U.S. Dollar Index has risen steadily over the last year, which is having an effect on companies. Paul talks about currency value, why this has surprised some experts, why a strong currency can be helpful during a time of inflation, and how it affects U.S. companies trying to sell goods overseas. Later in the episode, Paul shares some reason for optimism in both the stock markets and housing market.

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

401(k) Administrator Sues Government Over Crypto

Crypto can’t stay out of the news, and this time a 401(k) administrator is frustrated that they may come under scrutiny over this risky offering in their plans. Paul talks about how these administrators cave and allow investors to put a smaller amount of their money in trendy assets. Listen along to hear why that logic doesn’t work and why companies let you take on risk to keep you as a client. 

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

Building a Budget With Brian Koonce

Whether you’re looking for a better understanding of your monthly expenses or you have received a large sum of money and don’t know what to do about it, having a spending plan is an important part of being relaxed about your money. Paul brings on Brian Koonce, who has experience guiding people in their spending plans, to talk about budgeting. Listen along as Paul and Brian talk about why budgeting can be an emotional topic and some guiding principles that can help people who are just getting started all the way to people who are wealthy and retired.

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

Starting a Financial Plan With Chad Henson (Part II)

Paul and Chad continue the conversation about what a financial plan is and how you can get the process started. Paul has Chad walk specifically through his planning process with a new client from the beginning as they demystify the planning process. Listen along to hear why it’s important to have someone who knows your goals and your financial situation and can help you avoid any pitfalls as your needs change. 

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

Starting a Financial Plan With Chad Henson (Part I)

Chad Henson returns from some time off, and he and Paul dive into a conversation about how planning for retirement and a vacation can be similar. Paul has Chad walk specifically through his planning process with a new client from the beginning as they demystify the planning process. Listen along to hear why retirement is too important just to hope everything will work itself out. You need to have someone who knows your goals and your financial situation and can help you avoid any costly mistakes. 

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

Real Estate Dangers

As the interest rates change and prices stay high, owners, investors, and renters are trying to find a way forward without making costly mistakes. Today, Paul talks about some more popular ARMs and how they compare to the products we saw in 2008–2009 and how the changing landscape is causing tensions between renters and rental owners. Listen along as Paul explains why real estate investing isn’t the same as investing in the market.

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

How to Break the Inflation Cycle

As much as we hear that inflation is here to stay, some evidence suggests U.S. inflation is slowing. Paul and the team talk about why changing your investing habits during inflation is market timing and how companies and consumers can adjust and break the inflation cycle. Later in the show, Paul breaks down another frustrating Social Security bill that seems to be a benefit expansion disguised as a way to keep the program funded. 

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