Motley Lessons of April Fool’s Pranks Past
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 28 March 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
An April Fool’s prank put The Motley Fool on the map more than 20 years ago and we’ve been celebrating the day ever since. Motley Fool Employee #3 joins us to talk about our history of joking around—and teaching investing lessons—on April 1. We’ll also answer your question about diversifying your IRA.
Transcript
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| 0:00.0 | Support for Motleyful Answers comes from Rocket Mortgage by Quick & Loans. |
| 0:03.3 | When it comes to the big decision of choosing a mortgage lender, work with one that has |
| 0:06.6 | your best interests in mine. |
| 0:08.4 | Use Rocket Mortgage for a transparent, trustworthy home loan process that's completely |
| 0:11.9 | online at quickenloans.com slash fool. |
| 0:19.1 | This is Motley Full Answers. |
| 0:20.5 | I'm Alison Southwick and I'm joined as always by Robert Brokamp. |
| 0:23.6 | In this week's episode, we're enlisting the help of Motley Fool employee number three to guide us down memory lane as we recall some of the best April Fool's jokes and investing lessons behind them in the Motley Fool's history. |
| 0:35.6 | We'll also answer your question about diversification. All that and more on this week's episode the Motley Fool's history. We'll also answer your question about diversification. |
| 0:39.7 | All that and more on this week's episode of Motleyful Answers. |
| 0:43.6 | It's time for Answers! And today's question comes from Brad from Dayton. Brad writes, |
| 0:48.0 | I've got an IRA I've been throwing money into since I was 16 or so. Man. |
| 0:53.3 | Impressive. I'm 28 now and want to start paying more serious attention to investing. |
| 0:58.0 | All of my IRA is in one fund. Do you want me to say what fund it is? |
| 1:02.0 | Sure. Why not? |
| 1:03.0 | The TSMAX. |
| 1:04.0 | Yes, I'll explain that in a second. |
| 1:06.0 | Okay. |
| 1:07.0 | And wanted some advice on diversifying my account. |
| 1:10.0 | All right, bro, take it away. |
| 1:11.6 | Well, first of all, awesome for you, Brad, for contributing to your IRA as a 16-year-old. |
| 1:16.6 | And just so everyone knows, kids can have IRAs. All you need is earned income. |
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