4.2 • 680 Ratings
🗓️ 31 October 2020
⏱️ 7 minutes
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0:00.0 | The five pound meal deal from McDonald's. |
0:02.0 | Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what? |
0:08.0 | That's right, five pounds. |
0:10.0 | It's not called the five pound meal deal for nothing. |
0:14.0 | From 11 AM, not available on delivery. |
0:16.0 | Carbonated soft drink upgrade fees apply. |
0:18.0 | Participating restaurants subject's availability reality radio for a really great future we're talking real money |
0:29.8 | hi this is tom cock welcome to talking real money now my heart truly goes out to many of you. Many of you have been great savers. |
0:39.3 | You scrimped. |
0:40.1 | You set money aside for the future. |
0:42.7 | And now the future's here. |
0:44.5 | And you don't want to take a lot of risk with your money, but you want to make something on it. |
0:50.2 | And you're calling me. |
0:51.2 | You're saying, I had all of this money in CDs that were paying me |
0:56.6 | two, two and a half percent that I used that income to add to my retirement and made things |
1:03.7 | pretty decent. And now my bank is telling me if I want to renew that CD, that matured CD, that they're going to give me |
1:13.3 | seven-tenths of one percent or something like that for an extended period of time. And yeah, |
1:19.0 | it kind of does break my heart because what do you do? What do you do with this safe money in |
1:24.4 | this extremely low-interest environment that we find ourselves in that I think |
1:29.9 | we're going to find ourselves in for some time because the Federal Reserve has decided to keep rates |
1:34.8 | very, very low for an extended period of time. So before we talk about what you should do, |
1:40.7 | let's talk about some of the things you shouldn't do because I read with great interest in our local paper in Seattle, the Seattle Times with a lengthy article that |
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