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.
Investor Coaching Show
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
Arlene, Evan, and Ira join Paul to discuss the effects of coronavirus on the markets. They talk about how the market uncertainty has caused the drop in stock prices. This involves why to hold onto investments and not to panic. Many other factors about the situation are also discussed including why it could be a bad idea to put all of your money into toilet paper companies. Are the low stock prices a bargain? 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 1/2 recorded on March 14, 2020.
Paul discusses the rampant misinformation about markets and investing, and how you can avoid being misled. He also covers the similarities between the stock market and real estate as an investment and why focusing on a single area of the market can be dangerous.
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 7, 2020.
With all the craziness in the market the past few weeks, Michael DelGiorno brought Paul on the air again to discuss what’s happening.
They discuss how the Fed is addressing the market uncertainty, what we can learn from previous downturns, and how we should think about recoveries.
Stressed about money in any way? Get the recipe for relaxing about money here at www.paulwinkler.com/recipe-relaxing-money.