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Talking Real Money - Investing Talk

It's Not Investing!

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 25 September 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Instead of lining up at the track or using a bookie, today's compulsive gamblers have a respectable way to feed their dangerous habit: short-duration option trading. The amount of money gambled away in securities markets is staggering, and it is no better than playing slots at a casino. It may be worse. We also discuss the egomaniacal comments of Bill Gross. Listeners ask: Which is better: Regular or Roth retirement accounts? What do we think about Titan Capital? 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.

0:27.0

18 plus subscription required season C's apply.

0:34.9

Reality radio for a really great future.

0:38.0

We're talking real money.

0:40.6

You remember the old movies, the old movies where there was the guy with the hat and he always wore a suit and, you know, the father, the businessman.

0:51.3

And on the side, on the side, you'd catch him down the street with the uh the racing

0:56.8

sheets or at the at the bookies playing a numbers game or placing a bet on something you know it was

1:02.9

that cd the cd side to these upstanding young businessmen they were always playing the games

1:09.9

playing the ponies or whatever it was.

1:12.9

Well, apparently in the 21st century, we've decided to remake the image of the compulsive gambler.

1:20.0

Would you think about it for a minute? Would you rather be called a problem gambler or a compulsive gambler or a

1:26.9

short-term investor, which sounds better.

1:30.4

I'm a short-term investor. I'm, yeah, I'm playing stocks or options.

1:36.3

I thought you're going to ask, would you rather be called that or like an addicted, like,

1:40.4

drug user or something? I mean, like, because what's the worst connotation here?

...

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