How Do You Pay 'Em?

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 31 October 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Please note that there will be no 11/1/24 Q&A episode. Don is out of commission for a few days. In Thursday's episode: 0:29 Understanding Financial Professionals 2:42 Choosing the Right Advisor 4:40 Types of Financial Compensation 6:49 Distinguishing Financial Advisor Roles 9:54 The Importance of Fiduciaries 11:48 Avoiding Common Pitfalls 15:15 Questioning Retirement Strategies 20:44 Evaluating Investment Guarantees 21:49 Comparing Investment Options Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series FX's The Bear is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:34.9	Reality Radio for a really great future. We're real money if you go to a doctor a physician
0:43.1	a medical practitioner you know that you're getting someone who has completed many years of
0:52.4	education and is an expert in providing health care.
0:56.9	You know by their title, it's pretty clear.
0:59.7	If you go to a lawyer, an attorney, a barrister, a solicitor, you know you're going to someone
1:05.1	who's had years of training in the law and that you're going to get advice by a well-trained professional.
1:11.8	Oh, by the way, in both cases, who are required to act as a fiduciary in both cases.
1:19.3	However, if you go to a financial advisor, a financial planner, a financial professional, do you know what you're getting?
1:31.7	Not for the most part, no, unless you really know how to read the fine print when it comes
1:36.6	to the worldwide web, you know, to go to people up.
1:40.5	You mean the pages of fine print?
1:41.6	Yeah, the pages and pages in some cases.
1:44.1	Yeah.
	...

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