Nobody's That Smart

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5 • 811 Ratings

🗓️ 11 May 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Another experts predicts the financial futute with absolute certainty, despite the FACT that the future can't be known. Plus, we agree with Bill Gross for the first time. Then, we hear from listeners: Is there a need for an internation fund other than the I Fund in the Thrift Savings Plan? Can taxes be avoided by moving from the Vanguard S&P 500 mutual fund to their S&P 500 ETF? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.0	18 plus subscription required season C's apply.
0:34.9	Reality radio for a really great future.
0:38.0	We're talking real money.
0:40.9	What is wrong with us?
0:43.9	What is wrong with us?
0:45.5	Why do we keep doing this?
0:47.8	What, you may ask?
0:49.1	Well, I'll tell you after this.
0:50.6	I'm Don, that's Tom, and we're going to talk real money.
0:53.6	And we're going to talk the things
0:55.0	that we as investors, we as human beings do to mess our lives up. And one of the things we do
1:02.0	doesn't matter who we are. We get it in our heads that we know things that cannot be known. And then from that false knowledge,
1:14.1	we extrapolate and give horrible advice to people because we're always sitting around going,
1:20.2	well, you know, this is going to happen. Tax rates are going to go up. The economy's going to
	...

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