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Talking Real Money - Investing Talk

More Friday Questions

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 8 November 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Here are this Fridays Qs and As: 2:07 Converting Traditional IRA to Roth 7:32 Simplifying Financial Jargon 10:45 Roth 401k Allocation Advice 13:53 Evaluating the Stash App Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Reality Radio for a really great future.

0:07.9

We're talking real money.

0:10.2

I am so sorry for my absence last Friday.

0:15.8

Had some health issues.

0:18.8

Thankfully, not nearly as serious as my wife made them out to be, but bad enough

0:25.1

that it put me in the hospital for a few days. Nothing to worry about, just so you know, I have a

0:30.9

hereditary afib condition from my mother, grandmother, they all passed it down.

0:42.9

And while it used to be manageable on its own, it became unmanageable, so I had to be hospitalized to get my heart rate under control, but otherwise, that's under control and I'm healthy.

0:47.7

So thank you all for your patience and understanding.

0:50.6

This kind of stuff happens every once in a while. And I hated it. I hated that it did.

0:56.7

But now it's not doing it. So that's a good thing. Welcome to the question and answer show. It's the Friday edition of Talking Real Money. I'm Don McDonald. And this is when I take questions that you sent in. You spoke in at talking realmoney.com using the contact button there, the contact form.

1:16.1

You speak them, ask them, and I try to answer them every Friday on this special edition of Talking Real Money.

1:24.9

You can also type in questions.

1:27.0

We'll answer those two in other podcasts, just not as tightly scheduled as this Money. You can also type in questions. We'll answer those two in other podcasts,

1:28.9

just not as tightly scheduled as this one. You can also call us every Saturday, and we've got a

1:34.5

Saturday coming up. You can call starting at 3 p.m. Eastern to 855-935-8-255-8-25-8-55-9-35 talk. Like, for example, if I answered something and you wanted to follow up you could follow up on Saturday and we could actually have a conversation so either go to talking real money.com to ask your questions or call us on Saturdays at 855-935 talk. Let's see. I've got four of them for you today, and we might as well just get to the first one.

2:07.6

Hey, Tom and Don.

2:08.4

Love the show.

2:09.1

This is Chris Wilito, Florida, just the other side of Orlando from Celebration.

2:13.3

My wife and I are 52, and we have a net worth of about $1.9 million.

2:17.3

About half a million of that

2:18.5

is tied up in pre-taxed IRA accounts from former 401K and 403B plans. I recently started researching

...

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