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Talking Real Money - Investing Talk

Free Usually Isn’t

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 12 March 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

After experiencing some radio show technical problems, Tom and Don discuss the shockingly large percentage of your money that goes to Wall Street firms and why should be wary of alternative investments. Then, they bemoan the lack of financial literacy education and the horrible sales pitch passed of as education. Plus, a subject of a financial advisor profile lies about the fees he charges. Listeners chime in: On the Washington legislatures failure to pass a financial listeacy education bill. How is his broker making money off of his IRA account? Should money coming out of an annuity be invested in bonds as well as stock funds? 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.

0:31.6

Don McDonald.

0:32.3

Talk, I believe.

0:34.2

Donald, Don, there he is too.

0:36.3

And Tom is also here.

0:38.5

Can you hear me? You're all here.

0:39.2

Yes, I hear you fine.

0:40.5

Like I couldn't or something?

0:42.5

Come on.

0:42.8

No, I know I'm really loud.

0:44.8

We had some technical difficulties with our station.

0:48.9

That sounds so 20th century.

0:50.9

Come on.

0:51.6

Well, think about it for a minute.

...

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