Moody About Money
Talking Real Money - Investing Talk
Don McDonald
4.5 • 810 Ratings
🗓️ 16 March 2023
⏱️ 22 minutes
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| 0:00.0 | Reality Radio for a really great future. |
| 0:08.0 | We're talking real money. |
| 0:10.8 | I'm an emotional creature. |
| 0:13.2 | I am emotional. |
| 0:15.2 | And I get emotional about a lot of things. |
| 0:17.9 | I get emotional about my spouse, my children, the dogs, my co-host. |
| 0:26.5 | I get emotional when good friends die, like my dear friend Pat Schroeder, |
| 0:32.3 | former congresswoman from Colorado who just died a few days ago. |
| 0:35.6 | I get emotional about those things. And you know what? |
| 0:39.2 | Getting emotional about those things is good. That is the proper use of the emotional component of human |
| 0:46.0 | beings. Yet there's one thing we get emotional about that we really shouldn't and we do it way too often and it really hurts us and that is |
| 0:58.4 | allowing our emotions to motivate to decide what we do with our money to make investing decisions |
| 1:08.7 | for us emotions are your worst enemy when it comes to money. |
| 1:14.7 | They are financial killers. Yeah. And by the way, you get emotional about money, too. You're |
| 1:22.1 | not going to admit it, but we all do. I really, I got to tell you, the one area where I fight to control it the most, though, is money. You fight to control it. But sometimes you look at your bank account, go, oh, there's more than I thought. Or, oh, there's less. I mean, we all do that. Okay, a little bit. But I don't let it decide what I'm going to do with my money. I do not do that. Absolutely 100%. Never a purchase you made that was like, No, with my investments. Okay, my investments. Okay, with your investments. |
| 1:47.9 | Okay, your money. I do not do that. Absolutely 100%. Never a purchase, never a purchase you made that was like, |
| 1:45.2 | no, with my investments. Okay. My investments. Okay. Your money, because that's a big topic. Yeah, it is. You're right. Investing. I should say investing. It's as far as I can go. That's all I can control. I can control it with investing. And the other stuff, yeah, well, what that's fair. That's fair. It's only a couple of bucks. |
| 2:00.6 | Another microphone. |
| 2:01.9 | Hey, what's another microphone? |
| 2:03.6 | You only got... And the other stuff, yeah, well, what that's fair. That's fair. It's only a couple of bucks. Another microphone. |
| 2:02.0 | Hey, yeah, there you go. |
| 2:03.1 | You only got 19 or whatever in the studio today. |
... |
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