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Talking Real Money - Investing Talk

It's the Tax Scam

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 23 May 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

In this episode of Talking Real Money our hosts take a look at some particularly tricky investment questions. Tom gives some advice on how to not get scammed by people claiming to be the IRS. We then look at short term plans, recent interest rates, college funds and dispel any myths around energy investments! Don helps answer a query about real estate and when to pivot from a your own personal investment strategy and why. We end off with a caller whose story reiterates our main point: only take advice from fee-only fiduciaries!Tom’s ‘troubles’ with someone claiming to be ‘internal revenue service’.Short term policies and why they are usually expensive. Interest rates and the recents rises this year. The GET Program and it’s utility in saving for your education. Comparing a savings account with a short term, bond investment fund. Why to stay away from energy partnerships!Weighing the pros and cons of selling a rental property. Another story that illustrates why you need a fee-only fiduciary.Switching strategies and manages your investment tactics. Money Thirty Podcast — https://www.moneythirty.com/Real Investing Journal — https://www.realinvestingjournal.com/Vestory — https://vestory.com/401411 — http://www.401411.com/Vanguard — https://investor.vanguard.comGET Program — https://www.get.wa.gov/howgetworksVOYA — https://www.voya.com/Seattle Not Beating the Market? — http://www.talkingrealmoney.com/blog/2018/5/19/beating-the-marketSOAEX — http://www.morningstar.com/funds/xnas/soaex/quote.html  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:01.7

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0:05.1

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0:09.2

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0:13.7

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0:18.9

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0:21.0

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0:23.0

Pro Skater 3 and 4 and show the world

0:24.9

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0:26.7

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0:28.8

the foundry demo.

0:31.5

Reality Radio

0:32.5

for a really great future.

0:34.5

We're talking real money.

0:37.2

Yeah, I don't even know if tom's back in the studio yet

0:39.0

oh i'm always here all right hi i'm don macdonald that's tom cock somewhere over there

0:47.2

the reason i don't know if he's there or not because i'm in florida where it is absolutely

0:51.5

pouring see there here he is calling right now. Feel better now, see?

0:55.0

Yeah.

0:55.9

Oh, it didn't work.

0:56.9

Oh, well, I'll call it again.

0:58.3

I just keep calling until you answer.

...

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