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Talking Real Money - Investing Talk

Stay Away from Single Stocks

Talking Real Money - Investing Talk

Don McDonald

Business, How To, Education, Investing

4.5812 Ratings

🗓️ 18 March 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

Buying individual stocks can be scary. Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

Click on a timestamp to play from that location

0:00.0

Rated T for Teen.

0:02.0

Each year, thousands of adults lose their shred.

0:05.0

It's an epidemic simply known as shred loss, but it doesn't have to be this way.

0:09.0

Because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.

0:14.0

With new parks, cross-platform multiplayer, and sick new game modes,

0:19.0

we can put an end to shred loss everywhere.

0:22.2

Hit the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.

0:26.4

Pre-order Tony Hawk's Pro Skater 3 and 4 and play the foundry demo.

0:34.9

Reality Radio for a really great future. We're talking real money.

0:40.3

Hi, this is Tom Cock. Let me make sure I have this straight. It's not enough that the stock

0:46.8

markets are down, what, between 20 and 30 percent this year. And hopefully you have some fixed income

0:53.9

in your portfolio that's cushioned that

0:56.0

below. It's not enough that they've sold off so very quickly these last few weeks, creating

1:01.6

this bear market and frankly, a lot of panic among us. It's not enough of all those things.

1:09.1

You still insist for reasons that I'm trying to understand,

1:13.3

frankly, that you should own individual stocks, individual companies. Let's just talk about this

1:21.7

for a couple of minutes. And we're taking a day off from the, how do I respond to the downturn

1:26.9

in the market because

1:27.5

Don is doing a great job of that every single day. In fact, I'm even making my wife and

1:32.4

daughter listen to it every day so that they understand what's going on. Individual stocks.

1:37.8

Okay. Why do you own them? I really think there's just a few reasons why you think you

1:43.4

think you should own them. Number one,

...

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