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Talking Real Money - Investing Talk

A Great Day of Q&A

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5810 Ratings

🗓️ 7 April 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Don tackles more of your questions: What happens if an exchange-traded fund (ETF) sponsor goes bankrupt? Can a Roth IRA conversion count as a required minimum distribution (RMD)? Should old retirement plans be moved into the new plan? After moving from Ed Jones to Schwab, where should some extra money be invested? Does a precious metals fund belong in a diversified portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:02.0

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0:06.0

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0:11.0

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0:15.0

And every second counts.

0:17.0

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0:21.8

FX is the bear.

0:23.1

New season now streaming exclusively on Disney Plus.

0:27.0

18 plus subscription required season C's apply.

0:36.0

Reality Radio for a really great future.

0:38.9

We're talking real money. Thank you. Well, it's the end of the week, and it's one of my favorite parts of the week.

1:57.6

It's my opportunity to just answer a bunch of your questions that you sent

2:03.2

into talking real money.com. And a lot of you are sending questions into talking realmoney.com,

2:08.6

and I really, really, really appreciate it because they're great. We really do have some great

2:13.5

questions today. From the first one, right on to the last. So I know I'm going to enjoy

2:19.2

today's show, today's podcast. I hope you do. So let's get, let's just get started. Let's just

2:24.3

get to the questions because they're the best part of the thing anyway. And here we go with the

2:28.9

first one. Hi, Don and Tom. My name's Mike. And I was calling, you guys always mentioned to not

2:34.1

invest in individual

2:35.4

stocks because the company can go bankrupt and who's everything. But my question was, what happens

2:42.0

if you own an ETF and the fund company goes out of business? I realize it's very, very low chance at like a Vanguard or a Schwab or Avantis would go

2:55.8

out of business, but I'm just curious if that's ever happened. And if so, what the, what the process is.

...

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