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Talking Real Money - Investing Talk

Index Imperfections

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 8 October 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

From the Live Saturday Show: 0:03 Asheville Flooding Update 2:52 Introduction to Investing 6:29 The Pitfalls of Sector Investing 10:25 Importance of Diversification 14:47 The Role of Market Safety 17:44 Understanding M1 Finance 20:31 Critique of Private Credit 25:54 Risks of High-Yield Investments 30:31 Academic Perspectives on Alternatives Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

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0:00.0

Reality Radio for a really great future.

0:08.0

We're talking real money.

0:10.4

Wow, been a crazy week.

0:14.5

Just nuts.

0:15.4

Like personally, you know, because I have a number of connections to Ashe ashville north carolina given that i have a lot

0:24.1

of family there wow such a mess my mom's in a nursing home there they still don't have water

0:34.4

they don't know when they're going to have water. They brought a tanker

0:37.6

truck in to fill up some trash cans with water so they can flush the toilets. And then somebody

0:42.2

just today, they brought in portable bathrooms that are for handicapped access, even where they can

0:51.2

bathe and shower people. Wow. So, but man, what a crazy, absolutely insane what's been going on in the mountains of Western North Carolina.

1:00.1

Yeah.

1:00.5

And I thought I saw some news footage of the silver bullet floating down the river.

1:06.2

My wife keeps thinking that.

1:07.7

Every time she watches the news, she goes, is that the airstream?

1:09.6

I said, funny, the airstream i said honey the airstream

1:11.4

is in a enclosed area up on top of a hill yeah it's above the water it's gonna be fine well how

1:19.3

come they're not calling back uh maybe because they don't have electricity water phones roads

1:25.2

are flooded roads are washed out yeah little things like that, little stuff like that.

1:30.3

So, but I wish everybody well in that part of the country. I hope everything worked. I know it'll

1:37.5

eventually work at. It's just takes time. Yeah. And of course, nobody had flood insurance.

1:42.8

I was just listening to the news report there that he said, we're going to go back to FEMA

1:47.4

and see if we can get some help.

...

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