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Talking Real Money - Investing Talk

Confident in Your Company?

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 20 June 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

It's a lesson we constantly fail to learn: Avoid investing in your company's stock. Employees who believed their firm could not fail have lost billions of dollars. We compare the rate you can get on a Bank of America CD in the bank itself versus through a brokerage firm. The difference is shocking. Plus, how to make a CD ladder. Listeners stop by to ask: What should be done with an investment account with Securian? What do we think of FDIC-insured online banks? What should be done with a bunch of money that has no stated purpose? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The five pound meal deal from McDonald's.

0:02.0

Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?

0:08.0

That's right, five pounds.

0:10.0

It's not called the five pound meal deal for nothing.

0:14.0

From 11 AM, not available on delivery.

0:16.0

Carbonated soft drink upgrade fees apply.

0:18.0

Participating restaurants, subjects, availability.

0:27.7

Reality Radio for a really great future.

0:29.7

We're talking real money.

0:39.3

Once again, before we get to my incredibly well-polished and witty introduction to the program and the topic,

0:45.6

we must implore you to call us at 855-935 talk.

0:50.8

And for those of you, without a gigantic vocabulary, implore means beg.

0:53.7

We're going to beg. I think they said the uninitiated, but okay, that's fine.

0:56.6

855-935-935-8-2-5-5-8-2-5.

1:02.4

Toll-free.

1:03.0

Like every other call in America today.

1:05.0

Oh, okay.

1:05.6

Well, I still like saying.

1:06.5

What was the last time you made a long distance call that you paid for?

1:11.8

Wow.

1:12.4

I don't know.

1:12.7

20 years ago?

...

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