Big Bucks, No Risk, Big Lie

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 20 December 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Those who sell "the return of the market, with no risk" is a bald-faced lie. Indexed annuities by any name can't possibly deliver what they promise. That makes those most (if not all) of those who sell them liars. The story of Disney's mismanagement shows just how scary individual stocks can be. Plus, we discuss the best performing stock of 2022. Then we hear from listeners: Should his financial advisor be fired and replaced by a target-date fund? Should she buy an energy ETF to replace her...

Transcript

Click on a timestamp to play from that location

0:00.0	Reality Radio for a really great future.
0:05.5	We're talking real money.
0:08.5	Tis the season to talk money.
0:12.3	Fala la la, is that copyright protected too?
0:16.0	I'm not sure.
0:16.7	Probably.
0:17.3	Yeah, probably.
0:18.2	Hi, everybody.
0:19.1	Welcome to the Money Talk Show.
0:22.5	The preeminent Money Talk Show in America.
0:28.0	Yes, I know there are others that are bigger, but they're wronger.
0:32.6	We're righter.
0:34.9	We're going to work on your English.
0:37.2	No, no, we're not. Who cares anymore? You know what? I'm decades away from being dead. Why bother? I tell you who does care. Who? Because you sent me the article. Well, the New York Times. I mean, that was a splendid article in today's paper about the Ukraine. Wow. Wow, that was an interesting way to... That was a really interesting transition.
0:54.6	No, because they write so well.
0:56.3	God it.
0:56.9	The New York...
0:57.4	Well, the New York Times is who you refer to for style and, you know, punctuation, you
1:01.6	all that.
1:02.2	Yeah, it was...
1:03.0	I sent Tom an article from the New York Times this morning that was quite possibly one of the
1:10.7	best researched articles I've ever seen.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Don McDonald, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Don McDonald and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.