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Talking Real Money - Investing Talk

That "free" steak dinner could cost you thousands of dollars

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 4 December 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

Those free steak dinners have a catch and that catch could cost you. In addition, often the pitch is a well-crafted series of lies. 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.

0:08.0

We're talking real money.

0:10.9

Welcome once again to the program that is truly and totally dedicated to making you smarter about money,

0:19.8

to helping you better deal with money and certainly to helping you smarter about money, to helping you better deal with money, and certainly to

0:23.5

helping you become what we call a real investor, not a gambler, not a speculator, and we try

0:32.2

every week to keep you from being misled by the apparently thousands and thousands of people out there

0:39.6

who want to do just that because they want your money.

0:42.9

They desperately want your money.

0:45.5

I'm Don McDonald over there's Tom Cock.

0:47.7

Our phone number is 855-935-935-8-25-8-25-8-25-5.

0:52.6

We're here for a couple hours.

1:14.9

Absolutely love to take your calls to try to help keep you out of trouble or get you out of trouble or point you in the right direction. And we've been doing this for a long time, so we kind of know a little bit about what we're talking about. Yeah. And I mean, one of the things this time of yours is about the spending, right? I mean, you've been very good about this, Don, about talking about the last couple of years, about, you know, not overspending and buying a lot of things.

1:19.1

People don't end up using or needing. I think that's thoughtful, but people generally spend

1:23.8

more this time of year than they do the other 11 months. Let's be honest about it.

1:28.7

Yeah, but the reality is I say that just because I'm screwed.

1:32.0

Okay. Well, and I just don't buy anything. I have Kelly Clarkson all cued up and ready to go should

1:37.8

you get scroogish today. But, you know, so you overspend and maybe you're looking for

1:44.0

something free right now, right?

1:46.0

Wouldn't it be nice to get a meal?

1:47.9

Yeah, wouldn't that be nice to have that handed to you?

1:50.6

And here you go.

1:51.6

Here's your steak.

...

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