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Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 6 August 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Don and Tom from "Talking Real Money" talk about the end-of-the-week stock market decline and put equity investing in perspective. Then they discuss recent changes in retirement savings plans. They mention that catch-up contributions for those making over $145,000 a year will now have to go into Roth 401ks instead of traditional ones. They also touch on no more required minimum distributions (RMDs) from Roth 401k plans and new options for Roth contributions in SEP IRAs and simple IRAs. They note changes in penalties for missed RMDs and other updates for retirement planning in 2025. They emphasize the importance of diversification and sticking to a long-term investment strategy, despite fluctuations in the market and new regulations. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The five pound meal deal from McDonald's.
0:02.0	Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?
0:08.0	That's right, five pounds.
0:10.0	It's not called the five pound meal deal for nothing.
0:14.0	From 11 AM, not available on delivery.
0:16.0	Carbonated soft drink upgrade fees apply.
0:18.0	Participating restaurants, subjects, availability.
0:27.7	Reality Radio for a really great future.
0:29.7	We're talking real money.
0:32.8	On the road still?
0:35.7	Yes, I'm still on the road.
0:38.8	Heading to, well, Shaland, then Seattle.
0:39.7	I'm Don McDonald.
0:53.9	We're going to talk money and traveling here on talking real money and traveling, along with Thomas Seacock, the inimitable, inimitable co-host of this program, Sveltering in Seattle.
0:56.3	Not sleepless, but sveltering,
0:57.0	Sveltering.
0:59.1	Sleeping well, but heated up.
0:59.4	Yeah. A little svelting in Seattle.
1:01.1	So we're glad to have you.
1:03.1	We hope that if you get an opportunity
1:05.0	or you have something that really requires
1:08.3	a little financial help,
	...

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