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Talking Real Money - Investing Talk

Q&A and Book Day

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 22 May 2026

⏱️ 22 minutes

🧾️ Download transcript

Summary

Don opens the show with a deeply personal announcement: the release of his first novel, The Line Uncrossed, inspired by the life of his great-great-grandfather, a teenage Union soldier captured at Chickamauga and imprisoned at Andersonville. After sharing the journey behind the book, the episode shifts into listener Q&A covering the limited diversification benefits of international bond funds, skepticism toward direct indexing for retirees with taxable accounts, concerns about high-yield ...

Transcript

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0:00.0

Your guides to a really great financial future.

0:09.0

Tom and Don are talking real money.

0:11.4

I know we're supposed to be talking about money on talking real money, but, you know, some of us, we've been hanging out together for a very long time.

0:21.3

Some of us going back like, oh, I don't know, 38 years.

0:26.8

So we're like family.

0:28.3

And today, I just, I'm excited.

0:31.2

I don't know if I have reason to be excited yet.

0:34.1

We'll see.

0:35.1

But this is a big day for me because i've wanted my entire life really

0:42.5

my entire adult life since high school when i was the uh the editor of the creative writing journal

0:48.8

at our creative writing magazine at our high school i've always always wanted to write a book. Now, I've

0:54.4

written some short stories that I do on my podcast lit reading, but I've always wanted to

1:00.1

write a novel. I wrote a book. I wrote financial physics, but that was a little financial book.

1:05.0

So this idea had been running around in my head for a long time about a fictional telling of the life of my great-great-grandfather, John Anderson, who was, who fought the Civil War as a teenager, enlisted at 14, and was captured at Chickamauga and was imprisoned at multiple prisons, including Andersonville, which was the most horrible.

1:29.4

And so I have spent the past close to a year working on this book to the, I mean, I haven't done any

1:39.8

voice work to speak of that whole time. I put all my efforts in this. And today, the 22nd of May, when this episode hears, is the day it goes public, the day before Memorial Day weekend, which is coming up. Or decoration day, as it was known just after the Civil War. So my new book is out. It can be purchased.

2:10.2

It's available at Amazon and at Barnes & Noble as an e-book, as a paperback book, and as two different kinds of hardcover.

2:12.3

So you've got a choice.

2:13.5

Lots of choices.

2:17.1

And I think it's good. Tom thinks it's good. My wife thinks it's good, but she's biased. Tom's biased, too, but they both thought it was good. It's a story of a young man, a teenager who enlists in the Union Army from Indiana and goes on to fight at Shiloh, Stone's Mountain, Chickamauga, and is captured.

2:37.4

And it's one of those bittersweet, you know, anyway.

2:42.8

I hope you'll take a look at least and maybe consider getting a copy.

...

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