Fewer Q Friday

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5 • 811 Ratings

🗓️ 20 March 2026

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Don fields listener questions on asset allocation, advisor timing, and investing complexity with his usual bias toward simplicity and self-awareness. He emphasizes that the decision to add bonds isn’t about age but about emotional tolerance for loss, shares his own shift to a more conservative 55/45 portfolio, dismisses futures markets as largely speculative noise for most investors, and advises a listener nearing retirement that while there’s no urgency to hire an advisor, the value of planning—especially around taxes and income strategy—becomes increasingly important in the early 60s. 0:04 Thunderstorm intro and Q&A format setup 1:37 100% stock portfolio—when (and how) to add bonds 5:47 Don’s personal portfolio breakdown and evolution 10:25 Futures markets explained (and why to ignore them) 13:00 When to hire a financial advisor approaching retirement Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Now, are all the traitors present?
0:02.0	Let's get started, shall we?
0:04.0	From rags to riches.
0:06.0	I'm so sick of this.
0:07.0	Working like a dog and being treated worse.
0:09.0	Yorkshire to New York.
0:10.0	Poor climbers, you and me.
0:12.0	A life dedicated to revenge.
0:14.0	Let's make this an occasion to remember.
0:17.0	A Woman of Substance on Channel 4.
0:19.0	Stream now.
0:20.0	A Wla La La La La La La La La La La La La La La La La La La A Woman of Substance on Channel 4, stream now.
0:27.6	Reality Radio for a really great future.
0:29.7	We're talking real money.
0:32.6	Now, if you hear some rumbling in the distance,
0:34.9	it's not because I'm under attack. It's because I live in central Florida,
0:39.6	and we're getting into the rumbly thunderstorm season and I'm recording this as a thunderstorm just popped up. I mean,
0:46.2	it's just blew up out of nowhere. So there may be occasional thunder in the background,
0:50.9	but it gives ambiance to the program. Hi, everybody. Welcome to Talking Real Money. This is the Q&A edition, the Friday Q&A edition.
0:59.5	I'm Don McDonald. So glad you're listening. Really appreciate you being there.
1:03.7	This episode is filled with questions that you sent in, sort of, through the Talking Real Money website using the contact form.
1:14.8	And what you did, those of you who participated, is you recorded your question using the mic on your phone or your tablet or your computer.
	...

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