And the Winners Are...
Talking Real Money - Investing Talk
Don McDonald
4.5 • 811 Ratings
🗓️ 30 November 2023
⏱️ 23 minutes
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| 0:00.0 | Reality Radio for a really great future. |
| 0:08.0 | We're talking real money. |
| 0:11.1 | You know, the money issues that you deal with in your life are probably some of the most painful things you deal with because the impact on your future is so great. |
| 0:25.0 | You can't afford to get this wrong. |
| 0:28.6 | And so the pressure is immense. |
| 0:31.3 | That's why Tom and I hang out here a lot doing what very few people do, telling you the truth about money, talking real |
| 0:41.1 | money. That's the name of our little get together. And one of the things we try really, really hard to do |
| 0:48.1 | is avoid the titillating headlines that we don't try to tease you into thinking just to get listeners |
| 0:59.8 | that we can do something or that you can do something that you can't or shouldn't. |
| 1:05.5 | So never will you hear us say, here are the top funds of 2003. But it's an idea. We're not going to do it. |
| 1:14.1 | Oh, okay. But, you know, like the financial planning magazine, which is for financial planners to try to get their attention, and it got mine, the headline of this recent article is the top 20 index funds of the decade. |
| 1:30.5 | Now, when I read that, I think to myself, |
| 1:33.6 | these are the epitome of index funds. |
| 1:37.8 | And I'm expecting in there to be something like the Vanguard Total World Stock Index, |
| 1:43.3 | or the Avantus Total market, the total market |
| 1:47.6 | global fund or whatever. |
| 1:49.5 | I'm expecting some really glorious funds that have this great history and that have |
| 1:55.5 | low fees and expenses and really cool stuff, although the Avantus is not an index fund. |
| 2:02.2 | So I read the article. |
| 2:04.4 | You're wrong. |
| 2:05.5 | What was the, according to them, the top index fund of the decade? |
| 2:13.6 | And this truly is investment cheesecake, Don, if you remember that you could look that one up. Yeah, we couldn't say pornography. See, this is the podcast. We can say it on the podcast. Oh, okay. I thought it was that was bad. Okay. At the top of the list, really? You really want to know? Yeah, I do. I do. I know everybody wants to know because I know everybody's thinking, could it be fidelity? be vanguard could it be Schwab no it couldn't be it could be the great |
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