Crypto Sucks...

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 17 October 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How much might Bitcoin appreciate per year? Someone claims to know. Then, a Bitcoin farm can consume the energy of a small city and while the Chinese won't allow them in China, they have no problem consuming our power and maybe even our national security secrets. Is Bitcoin worth the costs? Don shares some actual numbers. Listeners ask: Do we know of a great 529A Able Plan? What do we think of a simple portfolio and when should it be rebalanced? Are more bonds needed in a portfolio? Is there a case to be made for a traditional, tax-deductible 401k? What do we think of an ESG portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:22.0	Shopify is made for entrepreneurs like you.
0:24.4	Sign up for your $1 a month trial at Shopify.com slash setup.
0:34.9	Reality Radio for a really great future.
0:38.0	We're talking real money.
0:40.6	Hello everybody.
0:41.8	I'm Don McDonald, and Tom Cock is hanging out over there.
0:45.5	It is a Saturday, if you're listening to this live,
0:48.8	and we are here to do something incredibly important, so important. You probably don't even realize how important because
0:57.6	it's a topic you don't want to talk about. And that topic is money because you don't want to talk
1:02.7	about it for a variety of reasons. One, it's not polite to talk about money and, you know,
1:08.2	mixed company, or it's just so confusing and complicated, or you've got
1:13.1	some weird ideas and you don't want to share them because you're afraid we're going to make fun
1:16.2	of you or whatever it might be. So, hey, here's an idea. Let's talk. Let's chat about your money
1:24.4	issues. Let's make it better and easier to discuss money.
1:29.3	855-935 Talk is our telephone number. That's 855-935-935.
1:35.9	82-55. I know you got a lot of things to talk about today, but I got to bring this up because
1:41.8	this is the forecast a lot of people have been waiting for, right?
1:45.8	It's not the weather forecast.
1:47.8	Oh, wait, we're predicting something?
1:49.8	Yeah, it's not the weather forecast.
1:51.4	It's not the economic forecast.
	...

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