IRAs Losing Billions

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 1 August 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, Don is dealing from Deadwood, South Dakota: 2:05 Answering Money Questions on the Move 11:48 Investing Dilemma: What to Do with $50,000? 15:13 Overcoming Hodgepodge-itis 20:13 Annuitizing Annuities: A Dubious Deal 26:21 The Risks of Annuities and Index Funds 35:09 Dangers of Misguided Advisor Recommendations 37:17 Red Flags in Investment Advice Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rated T for Teen.
0:02.0	Each year, thousands of adults lose their shred.
0:05.0	It's an epidemic simply known as shred loss, but it doesn't have to be this way.
0:09.0	Because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.
0:14.0	With new parks, cross-platform multiplayer, and sick new game modes,
0:19.0	we can put an end to shred loss everywhere.
0:22.2	Hit the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.
0:26.4	Pre-order Tony Hawk's Pro Skater 3 and 4 and play the foundry demo.
0:34.9	Reality Radio for a really great future.
0:37.9	We're talking real money.
0:40.4	Hi, everybody.
0:41.0	I'm Don McDonald up in the mountains outside of Deadwood, South Dakota,
0:45.6	which is why you might hear an occasional digital glitch.
0:49.2	Hi there. Tom, that was Tom. Tom's there. Hi, Tom.
0:52.5	Yeah, hi. Yeah, I was waiting so there you are how's how's everything in
0:57.2	seattle it's gorgeous beautiful afternoon typical late july day and millions of people no maybe not
1:06.5	millions hundreds uh maybe not a few people are waiting outside the studio for you to arrive here in a couple
1:12.0	weeks. So they're kind of lined up. I guess they're open for good weather. No people are there.
1:17.3	Zero people. No. I saw a guy drive by right there. That's because it's Northup Way. There are
1:22.9	a lot of people who drive up and down north of way. Oh, I assume they were, okay, you're right, I could be wrong.
1:30.6	Yeah, I'm traveling across the country in just up in the mountains.
1:34.7	I'm impressed.
	...

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