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Talking Real Money - Investing Talk

6.23.17 – More is Better

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 β€’ 680 Ratings

πŸ—“οΈ 12 December 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

An archived episode from June 23,2017 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There are days when you're hungry for McDonald's.

0:03.0

Then there are days when you're Big Arch hungry for McDonald's.

0:08.0

You'll get to know the difference.

0:10.0

New Big Arch for Big McDonald's hunger.

0:13.0

Until 9th of September from 11 AM,

0:17.0

participating restaurants only, subject to availability.

0:31.7

And what about diversification?

0:43.4

There are a lot of folks who will argue that diversification is foolish that you go for what has performed the best in the near term.

0:44.9

And we're talking with Steve.

0:45.5

Is he still there?

0:46.4

Yeah, Steve's still here.

0:47.0

Steve's still there. And Steve has the S&P 500.

0:50.9

You're looking at possibly going into the Vanguard extended market to get more U.S.,

0:54.5

which is great, by the way.

0:56.1

Because that is a small exposure.

0:58.0

Yeah, because that gets you into some small cap.

1:00.1

Not much value still, though.

1:02.0

Not much value.

1:02.7

Let me go back in the past.

1:05.0

And I was talking about 2000 through 2009, a 10-year period that was called the lost decade in America, because over that

1:14.4

period, the S&P 500 lost 1%. For the entire 10 years. For the entire 10 years. Including dividends

1:23.5

being reinvested. Including dividends. So if you had just been, if you had just been in the S&P 500 from 2000 to January 1, 2010, you actually lost money.

...

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