Roaring Kitty Returns!

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 21 May 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode: 0.54 America's Obsession with New Media and Gurus 1:55 The GameStop Saga Begins 2:43 Reddit's Influence on GameStop Stock 3:33 Lessons from the GameStop Rollercoaster 5:20 Seeking a Second Opinion in Investing 6:19 The Stupidity in Following Stock Recommendations 7:03 GameStop Stock: A Question of Valuation 8:30 The Evolution of the Gaming Industry 8:54 What to Learn from the GameStop Frenzy 9:49 Investing vs. Speculation 12:05 Vanguard's Fiduciary Advisors and Financial Decisions 12:31 Importance of Getting a Second Opinion 15:03 Adjusting Investment Strategy for Retirement 15:31 Vanguard's Changes in Customer Service 16:45 Questioning Vanguard's Decision-Making 21:25 The Significance of Money in Your Life 26:34 Addressing Hodgepodgeitis in Your Investment Portfolio 27:34 Vanguard's Controversial Fee Changes 34:02 Strategies for Protecting Equities After Hours 36:46 The Remarkable Story of Dimensional Funds 38:26 Platforms for Investing: Schwab vs. TD Ameritrade 39:58 Resources and Information at TalkingRealMoney.com 40:49 Important Disclaimer and Legal Information Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Reality Radio for a really great future. We're talking real money. That is the name of our show.
0:11.8	Talking Real Money. I'm Don McDonald. Tom Cock is over there. And our phone number,
0:17.7	if you'd like to call us, is 855-935-935-8-25-5. Talk. 855-935-8-25-5.
0:24.0	The reason I'm giving you all that right up front is because I'm going to tell the story.
0:29.1	I'm going to tell a little story that I don't want to interrupt for phone numbers because it's a compelling tale of greed and stupidity it's a telling tale of
0:42.9	America and our obsession with new media and gurus and stupid advice.
0:56.2	Let's go back.
0:58.7	Let's go back in time, shall we?
1:03.8	20 years ago, there's a stock.
1:08.2	This stock is trading at about $2 a share.
1:11.2	20 years ago, 2004, I mean, about $2 a share. $2?2 a share. 20 years ago, 2004. I mean, about $2 a share.
1:12.9	$2? $2 a share.
1:15.3	Fast forward to 2014,
1:19.0	and that same stock is,
1:20.4	wow, look at that.
1:22.3	It's up to about $14 a share.
1:26.2	Wow.
1:27.7	Then for the next, well, several years,
1:32.6	as things change in its industry,
1:35.3	the stock gradually declines until
1:38.3	in late 2020 during the depth of the pandemic,
1:47.1	this stock was only selling for dollar a share.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Don McDonald, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Don McDonald and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.