Episodes
20 hours ago
20 hours ago
In a two-part episode, Paul interviews Dr. John Kennedy from Trevecca University. Dr. Kennedy began his career as an accountant and now teaches research methods, statistical analysis, and psychological testing classes as a member of Trevecca’s counseling department and practicing national certified counselor. Paul and John, talk about the importance of psychology and mental health and how financial health is first a battle of the mind. Listen along as the two share their experience in the field of psychology, research, and financial planning to help you navigate your own feelings and thoughts in today’s world.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
6 days ago
6 days ago
What age did you start investing? Paul teaches a personal finance class at Trevecca, and this was one of many questions he wasn’t able to answer in time. This question starts Paul and Ira on a great conversation about their first experiences with investing and selling investment products. Listen along as Ira shares his first experiences in the industry and Paul shares a guiding philosophy that has helped him in investing. Later in the show, the advisors share about why the American Dream Experience can help people step into conversations about saving, purpose, and investing while avoiding some of the most common mistakes.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
7 days ago
7 days ago
Actively managed portfolios usually have high fees and are full of strategies that lower the diversification of your investment and engage in market timing and speculation. As a result, the industry has another product for the more conservative investor – index funds. There are more than 3 million index funds available on the market in 2024. They are sold as a great way to capture market returns at incredibly low costs. In a two-part episode, Paul helps you become an educated investor by explaining what indexing is and why these products aren’t a good solution to the problem of actively managed funds.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Wednesday Apr 10, 2024
Active Management Is a Problem. Indexing Is Not the Solution. (Part 1)
Wednesday Apr 10, 2024
Wednesday Apr 10, 2024
Actively managed portfolios usually have high fees and are full of strategies that lower the diversification of your investments and engage in market timing and speculation. As a result, the industry has another product for the more conservative investor — index funds. There are more than three million index funds available on the market in 2024. They are sold as a great way to capture market returns at incredibly low costs. In this two-part episode, Paul helps you become an educated investor by explaining what indexing is and why these products aren’t a good solution to the problem of actively managed funds.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Tuesday Apr 09, 2024
WATCH OUT: Scammers Are Using QR Codes to Steal Your Personal Information
Tuesday Apr 09, 2024
Tuesday Apr 09, 2024
Paul and Ira talk about an article from the Federal Trade Commission about scammers using QR codes to steal your personal information. After Paul received a piece of mail with a QR code on it last week that seemingly offered a deal on something if he scanned it, he warns that these codes can be used for more than just easy access to a website. Later in the episode, Paul talks about a snapchat feature that is feeding the insecurities of teens.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Monday Apr 08, 2024
Target Date Funds Are Bad Default Investments — Here’s Why
Monday Apr 08, 2024
Monday Apr 08, 2024
The whole premise behind Target Date Funds is that investors only need to choose a date they want to retire and then check out of the investing process. What’s worse is that all the major companies market these products as long term investment, but barely include any of the asset categories that have historically performed the best over long periods of time. Today, Paul and Ira talk about why the default investment of your 401(k) is likely a bad option and why many American workers are being set up to work past the date of their target date fund. Later in the episode, Paul talks about the reality of retirement for single women in America and the challenges that arise from lower pay, longer life expectancy, and no partner.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Friday Apr 05, 2024
Friday Apr 05, 2024
Paul was mentioned on the radio early this week by Matt Murphy who pretty accurately characterizes Paul’s thoughts on crypto in your portfolio: you shouldn’t have any. Paul wants to set the record straight because he’s heard some misinformation about his thoughts on crypto. He likens having crypto in your portfolio to having arsenic in your diet — it’s just not a good idea. Listen along as Paul explains where the misinformation about crypto is coming from, if crypto is a currency or an investment, and what people need to know to avoid this kind of trap. In the second half of the episode, Paul talks about Bitcoin, the gold standard, and the current US Dollar, and explains why we have moved away from our currency’s value being determined by the value of a commodity.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Thursday Apr 04, 2024
International Stocks Returns vs. CD Interest Rates — It Doesn’t Add Up
Thursday Apr 04, 2024
Thursday Apr 04, 2024
After a few years of inflation, CD interest rates have risen up to around 5%. This has an investor asking Paul why he would take the risk to invest in market segments with historic 5% returns, like international companies, when he could just recommend CDs instead. Paul explains why you can’t compare the average return of international stocks over 20+ years to the return of CDs for the next few years – it just doesn’t add up.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Wednesday Apr 03, 2024
The Financial Industry Is Not Trustworthy
Wednesday Apr 03, 2024
Wednesday Apr 03, 2024
Paul wants to make it clear: you can’t trust the financial industry. It’s their job to sell products, and they do it by telling you something you want to hear and giving you part of the truth about their products. It’s your job to be an informed investor and not fall for these sales pitches. Today, Paul walks through a few products being sold that he saw in the news this week and talks about investors he knows who have gotten hurt from falling for these kinds of headlines. Paul urges investors to get smart and get involved in the process. Later in the episode, Paul talks about how it was hard to convince people to diversify in the 90s because of a huge run with large US stocks and why investors usually aren’t able to make a wise decision until after they’ve made a costly mistake.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
Tuesday Apr 02, 2024
A Look Into a Financial Stewardship Class with Paul Winkler
Tuesday Apr 02, 2024
Tuesday Apr 02, 2024
Paul taught a financial stewardship class at Trevecca earlier this month and was surprised at some of the questions students brought about investing and financial stewardship. Listen along as Paul shares some of the best questions from this class with Ira Work and his answers, to give you a look into what a financial stewardship class with Paul would look like.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.