Paul, Evan, Dan, and Ira discuss the new stimulus package and budgeting. What do you really need? What are some expenses in which you can cut back? Listen to this last half hour to find out. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 3/3 recorded on March 28, 2020.
Investor Coaching Show
Evan, Dan, Ira, and Jim join Paul to discuss the new required minimum distribution (RMD) rules. They also talk about issues with market-linked CDs. What are “force majeure clauses” and how can they affect you? Are you required to pay an RMD in 2020 for your qualified retirement plan? What is hidden in the fine print of annuity contracts? Listen to find out. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 2/3 recorded on March 28, 2020.
Paul, Ira, Evan, Dan, and Jim are in the studio covering current market news. They discuss Jim Cramer’s opinion on millennials investing in stocks during the downturn. With their many years of experience, the PWI gang explains why the market has always recovered and why it’s important to stay optimistic. Dan explains how insurance companies sometimes handle annuities during downturns, and Evan explains how many of the losses people have currently are “virtual losses.” Listen to this very informative hour. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 1/3 recorded on March 28, 2020.
Paul, Evan, Jonathan, and Ira discuss portfolio diversification and why it is essential in times like these. They also discuss the importance of an emergency fund and how much you should keep in it. What about the 2008 recession and recovery afterward? They cover that, too. For the comparison between 2008 and 2020, stay tuned. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 2/3 recorded on March 21, 2020.
Paul, Evan, Jonathan, and Ira discuss more about the 2008 downturn as well as more calamities throughout history that we have recovered from. They also discuss how the media is influencing and scaring us, how people are having an emotional response to what they’re hearing, and how businesses may incorporate different options into their everyday operations once this is over. For more realistic market news, stay tuned. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 2/3 recorded on March 21, 2020.
Paul, Ira, Evan, and Jonathan cover current market news. They discuss the differences between investing in single stocks versus diversified mutual funds during a downturn. Good news about potential coronavirus treatments are covered. And finally, should you take advantage of the downturn by investing in equities? Listen to this episode for the best advice. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 1/3 recorded on March 21, 2020.
Paul, Arlene, Evan, and Ira talk about whether someone should invest in real estate including all of the maintenance and other issues involved. Healthcare differences between the United States and other nations are covered and they discuss how coronavirus cases around the world are dropping. Is the media hyping the panic? Stay tuned to find out. Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money. This is hour 2/2 recorded on March 14, 2020.
Paul and Michael Delgiorno discuss the Federal government’s spending plan to alleviate some of the economic issues caused by the coronavirus. Paul addresses Michael’s concerns about raising the government debt and lowering payroll taxes is covered as a possibility. How long will things be shut down and how long does this usually affect the markets? Listen to this for an understanding of the economics behind these government plans.
Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money