When people say “the market is down,” they may not be telling the whole story. In reality, there isn’t just one market, and the way your portfolio is diversified can make a big difference in how you experience market movement. Today, Paul explains why broad statements about the market can be misleading and how it’s easy to get confused when there are two types of diversification: diversification of companies within an area of the market and diversification between different areas of the market. Listen along to learn why understanding the difference can help you think more clearly when headlines make it sound like everything is moving in the same direction.

Later in the episode, Paul shares how some tech industry speculators are still split on the outlook of Musk’s companies and are betting against them.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

A client calls Paul unsophisticated because he doesn’t actively use a specific Social Security analysis software or push clients to do Roth conversions. The reality is that Roth conversions are a huge marketing tool for companies. Investors love the idea of making a sophisticated tax move, but Roth conversions don’t make sense in every situation. Listen along as Paul shares five compelling reasons not to flip your traditional IRA into a Roth IRA.

Later in the episode, Paul shares another strategy marketed to investors that seems sophisticated but earns a large commission for the salesperson.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

It’s a common misconception in the investing industry that bigger is always better. If someone manages $85 billion in investments, shouldn’t they be a pro? Unfortunately, this is rarely the case. Today, Paul shares an interview on national television in which a Wall Street “legend” really gets pressed on his 20+ years of bad investing advice. Listen along as Paul describes what a “permabear” is in investing and how people can make a living scaring people out of investing in stocks.

Later in the episode, Paul and Arlene share that individual investors aren’t the only ones who can try to stock-pick, as major index funds jump to add SpaceX to gain credibility and follow the trend.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

You go through two different phases with money in life. In the first phase, you work for money. In the second, your money begins working for you. No one wants to enter retirement only to find themselves dependent on family or the government because they weren’t prepared for that transition.

In this episode, Arlene Brown joins Paul to discuss six habits that can help you build greater financial independence. Together, they share the common traps they’ve seen clients fall into, the lessons they’ve learned along the way, and why discovering your true purpose for money will help you follow through on these steps and become more confident around money and investing.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

Does your adviser believe that it’s their job to make sure you’re in the “right” part of the market at the right time? Today, Paul and Jim talk about why it’s important to read through the ADV of your firm because it explains what your adviser believes their job actually is and how they will manage your money. Find someone who will not market time with your money under the code words of “tactical asset allocation” and “fundamental analysis,” because research shows there is no compelling evidence that any of these strategies work better than staying invested.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

There is an entire side industry in the investing world that teaches advisers how to give free dinner workshops and presentations to make sales. Paul and Jim talk about how the industry works to emotionally manipulate you by offering something free, knowing you will feel obligated to give something in return. Listen along as these two advisers discuss a PSA from AARP about the growing number of financial scams tied to free dinner events, with a special focus on annuity sales presentations. Later, Paul talks about saving, paying off debt, and understanding taxes, and poses the question: Is it better to retire with a $1 million home or $1 million in a retirement account?

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

After all the hype over SpaceX in the last few months, some investors were convinced they should break a basic investing rule and try to time the market. Today, Paul and Jim talk through the first week of SpaceX as a public company and why they believe investors should avoid trying to time the market, regardless of how compelling a company or cryptocurrency may appear. Listen along as these advisers help you understand why a company can be successful and also be a bad investment. Later, Paul looks at the headlines in the Middle East and shares why successful investing doesn’t depend on predicting the outcomes of companies, economic events, or geopolitical conflicts.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

Today, Paul shares a lot of rhetoric around why first-time homebuyers can’t get into a home. Most people think that housing regulations or lifestyle are to blame. Paul recognizes that buying a home will likely require a combination of discipline, compromise, and luck. For those thinking about buying a house for the first time, Paul shares some guidelines he would follow. Paul also explains that if ownership is truly important to you, you might have to lower your expectations for your first home or get scrappy to own a home.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.

Paul opens the show by talking about his experience in insurance sales at the beginning of his career. In these companies, advisors are taught to “smile and dial” and move products that make them and the company the most money. Listen along as Paul shares a video in which an insurance salesperson talks about LIRP and IUL plans and how he tries to sell them. Paul and Evan push back and teach you why these products are not recommended as accumulation vehicles and how to avoid getting sold one.

Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.

This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.