Real Investing is Hard

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 13 December 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

A new academic study concludes that you might be better off avoiding bonds. Tom and Don discuss whether a strategy that potentially risky makes sense for you. We discuss the sorry state of most investing advice, including that from financial psychics. Then, we hear from listeners: Is gold a good investment? What do we think of the "investment" advice provided at a free Italian dinner? 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.
0:27.1	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	You know, there was once a play, a musical, movie with a song about money.
0:51.1	And it very aptly stated that it is money that makes the world go around.
1:00.2	Money makes the world function. We don't...
1:03.7	We don't... We don't barter. We do not barter much. I mean, you know, if you live in a farm, you might barter a little,
1:14.6	but we use money for everything. And yet, we do not devote the time or the effort needed to truly
1:23.8	understand it. We just take what we believe are experts' word for it, and we follow their advice sometimes
1:34.6	blindly into a giant crevasse or crevice or a cave or big hole in the ground.
1:44.6	Cave, I prefer cave. I like cave. I'm good with cave. Into a pit. Yeah. or crevice or a cave or big hole in the ground or whatever.
1:51.6	Cave. I prefer cave. I like cave. I'm good with cave. Into a pit. Into a pit. And we read all that stuff. We try to read a lot of that stuff so that we can call them out on it. But one of the
2:00.3	things that. A lot there. Yeah. L that there yeah lately lately there've been a lot of
2:04.0	scrooge's and you you all of you may be among them when you know you you are saying bonds humbug
	...

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