4.2 • 680 Ratings
🗓️ 5 September 2024
⏱️ 44 minutes
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0:00.0 | The five-pound meal deal from McDonald's. |
0:03.0 | 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, carbonated soft drink upgrade fees apply. |
0:18.0 | Participating restaurants subject's availability reality radio for a really great future we're talking real money well sometimes things seem to be too good to be true i know like this show you're thinking oh man this show must be too good to be true. I know, like this show, you're thinking, oh, man, this show must be too good to be true. There are a lot of things out there that seem too good to be true, and we, for some reason, end up talking about a lot of the financial things on this program, and that's what we're going to do today. I'm Don McDonald, Tom Cox, over there. You are now listening to Talking Real Money at the radio show or the podcast, and we are so glad you're doing it. |
0:58.1 | And we ask if you want to talk to us on Saturdays, you call us at 855-935 talk between the hours of noon and 2 Pacific or 3-5 Eastern no matter when you hear us. |
1:07.8 | 855-935 talk is the phone number 855-935-825. Now, the investment industry is |
1:17.6 | rife with people promising you things you can't have because they desperately want to make a |
1:26.2 | sale. Why do they desperately want to make a sale? Why do they desperately want to make a sale? |
1:28.2 | You know why they want your money. |
1:30.6 | Sometimes they just want a chunk of your money. |
1:33.5 | Sometimes they want it all. |
1:35.3 | And it's hard to know which is which in this industry. |
1:38.0 | But if someone was quoting you a guaranteed return of 17% 10-year return, 10-year return, 17% per year per year, |
1:55.3 | annual yield of 17, would you think that sounded, well, too good to be true? |
2:03.0 | You should, but many people apparently don't. |
2:06.4 | The company's yield wealth. |
2:08.8 | They were offering a 10-year term deposit, 17.1%, guaranteed by Lloyds of London. |
2:17.4 | And, of course, the FDIC for deposits up to $2 million. |
2:22.2 | I don't even know where they came up with that number because the FDIC only insures deposits up to 250. |
2:26.2 | 250, yeah. |
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