Stop Fooling Yourself

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 19 December 2022

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We lie to ourselves about our prognosticative abilities. We remember making market predictions that were wildly different than we actually did. Plus, retail stock traders have had a very bad year. Listeners ask: How to get into an inexpensive small cap value fund? When we say "risk," don't we really mean volatility? How can listeners hear our Saturday radio show after it airs? Are total market funds appropriate for an 50+ investor? Learn more about your ad choices. Visit megaphone.fm/ad...

Transcript

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0:00.0	Reality Radio for a really great future.
0:05.5	We're talking real money.
0:08.5	Ho, ho, ho, boys and girls, ladies and gentlemen.
0:12.6	Welcome to Talking Real Money.
0:13.9	I'm Don McDonald.
0:14.8	It is the season to talk money.
0:18.1	Fala la la la la la la la la.
0:23.0	Hey, we have a phone number for you to call.
0:25.2	I know you have questions about money.
0:27.1	That's why we are here to help you deal with these money issues.
0:31.9	Give us a call anytime.
0:33.2	855-935-8-2-55. That's a lot of fives. 855-935 talk. I'm Don McDonald.
0:43.7	Tom's over there. I can hear him shuffling paper. That's how you know he's there because he shuffles paper.
0:47.9	Yes, shuffling, shuffling, shuffling, shuffling through the snow. Shuffling continue.
0:52.8	In a one horse open sleigh. Is it snowing? Hey. Is it snowing? It is actually snowing right here right now. Is it really? Yes. It is. How seasonable? I know. You're really having a problem hearing me, aren't you? No, I hear you okay. All right. A little delayed.
1:12.1	A little delayed. That's weird. All right. So anyway, we are, we're having a little bit of a technical issue, so please bear with us. As you may or may not know, some of you don't. Tom and I do this show from opposite ends of the country.
1:31.2	I hang out in Florida where it never snows.
1:34.6	Well, I remember one snow my entire time here.
1:36.5	No, that was in 1977.
1:37.9	I wasn't even really here.
1:38.7	I was just vacationing.
1:43.1	And Tom gets him all the time because he's in the Seattle area.
	...

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