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Talking Real Money - Investing Talk

Rube Goldberg Investing

Talking Real Money - Investing Talk

Don McDonald

Education, Investing, Business, How To

4.5811 Ratings

🗓️ 5 June 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

A chaotic day leads Don into a deep (and entertaining) dive into the futility of market timing, spurred by a recent Morningstar article on Pacer’s Trendpilot ETF. Don and Tom break down the mechanics of the fund’s strategy, its underperformance compared to a simple 60/40 portfolio, and the long-term cost of trying to avoid downturns. Listener questions bring up diversification, Roth IRAs, and the eternal struggle with ticker symbols. Plus, a special heads-up for federal employees about an upc...

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

I've never understood this phrase, but I know it's like an 18th century English phrase.

0:15.1

It never rains, but it pours.

0:17.9

You know, it rains outside.

0:19.4

Yeah.

0:19.6

Sometimes it just rains.

0:20.7

I think what they mean is it just when it does rain, it comes down hard. No, it doesn't. No. Not always. Sometimes it rains lightly. So it never rains, but it pours. I don't know. I don't get it. But in terms of my life, today I get it. Yeah. What's going's the what's the downpour today I get it

0:38.5

yeah I get it you know like yesterday I was under the weather yeah then today I'm I'm I'm

0:44.4

trying to record some stuff and there's a sheriff's helicopter going outside the window

0:49.5

that they finally found you I don't know what was going it turns out check the schools are locked down

0:55.3

don't know why there's a sheriff's helicopter so if you hear glass breaking and me screaming

1:00.5

please call 911 uh and then and then i go out in the front yard to look up at the sheriff's helicopter

1:06.0

because i'm stupid and uh there's a a guy from the water company out there. I said, what's going on? He goes,

1:14.8

you got a leak. I said, I do. And that requires a helicopter to fix it? No, I don't know what the

1:20.0

helicopter had to do with that. And so the water's off and the guy's out in the front yard fixing

1:25.4

the main into the house. And then our microwave broke and I ordered a new one from Costco and the guys out in the front yard fixing the main into the house and then our

1:28.2

microwave broke and I ordered a new one from Costco and the phone rings and it's like hi this is

1:33.0

so-and-so from Costco I'll be there in 15 minutes to install your microwave when it rains it pours

1:38.1

it never rains by the way those of you will call don call 911 for for Don. I will call ICE instead.

1:45.7

So just so you know who's calling whom.

1:47.8

You know, my family hasn't been in, I haven't had an immigrant in my family since, wow, like the middle of the 19th century.

...

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