Old & Poor in America

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5 • 811 Ratings

🗓️ 23 September 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Don is slowly mending as the podcast maintains a shortened schedule of three to four episodes a week. There will be no videos for the nest few weeks. Today, is the American retirement system broken and what can you do to avoid poverty in your final years? PlUs, a reformed stockbroker wonders about using actively managed funds to create an income portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

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0:00.0	Reality Radio for a really great future.
0:08.0	We're talking real money.
0:10.3	After Saturday, they said it couldn't be done.
0:14.6	They said there was no chance that Don would show up for yet another edition of the Talking Real Money podcast,
0:23.0	despite the gaping hole in his neck.
0:25.7	And yet, ladies and gentlemen, here he is, once again, Don McDonald, with another
0:33.0	episode of the Talking Real Money Podcast.
0:35.4	Okay, that's all I can do.
0:36.3	Tom, it's up to you now.
0:37.2	Okay, I'll take it from there. By the way, you're not going to talk about the eyes either. I thought we'd throw that. The eyes had it. The eyes had it. Somebody helping you into your chair there that you could find your way and sort of feeling your way to the microphone. You know, I was talking to the eye doctor who's a friend. And he said, so I haven't seen you in about a year.
0:55.1	How's it going?
0:55.5	I said, oh, yeah, well, I said, as I mentioned on my show, if it wasn't for bad luck,
1:00.7	I would have no luck whatsoever.
1:02.8	I said it's been probably the suckiest year of my life.
1:06.3	And he goes, mine too.
1:08.7	What?
1:09.1	Like, this just been a bad year.
2:01.4	He's had all kinds of familial problems. This house was robbed. He was just like, Lord, that's bad. You know, I told him, I said, I'm just sitting around all day praying for normalcy. I just want boring. I want my boring life back. I want to get up in the morning. I want to read my 13 papers. I want to go upstairs. I want to record a podcast or edit a podcast. Are these the 13 Confederate papers? Which papers are you? Confederate. Federalist papers? Federalists. There weren't any Confederate paper. Well, they were, but they were only Richmond and they got burned after that war. All right. Okay. So anyway, hi, I'm Don. Don McDonald. Tom Cock is my, uh, my cohort over there. And, uh, a much less valiant effort on my part to show up, by the way. I'm feeling kind of like I should be doing more here, but okay. Yeah, he just kind of walked over.
2:03.7	Just turned on the microphone.
2:05.6	Sorry.
2:08.6	So we're going to talk.
2:09.9	We're going to talk about money, which is what we do.
	...

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