Adding Insult to Injury

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 13 December 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Another downside to active funds, market declines can lead to dramatic taxable gains. It's like losing even more. Plus, we scold "Mr. Wonderful" for his support of failed crytocurrency exchange, FTX. Then we hear from listeners: The Question: How can I make more money with total safety? How can someone cover long-term care in later years. How solvent are public retirement systems? Are 35 securities in a portfolio indictative of hodgepodgeitis? Which 403b provider is the best of some bad choices? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
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.
0:34.9	Reality radio for a really great future.
0:38.0	We're talking real money.
0:40.8	Oh boy, are you in for a surprise?
0:44.4	Well, some of you are in for a surprise, and we're here to give you a heads up on that big surprise that may come this year for people who invest, particularly those who invest in
0:57.7	actively managed mutual funds.
1:01.9	Last year was a bad year for stocks, right?
1:04.4	Market went down.
1:06.2	And yet, a number of actively managed mutual funds are distributing gigantic capital gains distributions.
1:18.6	In one case, in one case, the Delaware Ivy S&P 500 dividend aristocrats index fund. Now, wait, it says it's an
1:32.4	index fund. How can they make a capital gains distribution of about half the fund's total assets,
1:38.8	Tom? You're not going to be an aristocrat very long if you have to pay that much in taxes.
1:45.5	I'm going to put that out there now.
1:47.1	Well, I don't think about that.
	...

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