They Raised the Roof

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 5 June 2023

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Another fearful event passes and will soon be forgotten. The debt deiling "crisis" is over. What's next? We discuss why we panic financially and how we can make market movement less painful by controlling emotions. What is happening in the Asian markets and should you be concerned? How much had non-fiduciary advice costing investors? Listeners ask: What do we think of a Vanguard advisor's portfolio recommendations? What should be done with some excess cash? Bonds or annuities? Should a hodgepodge be reallocated to just two ETFs? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Reality Radio for a really great future.
0:08.0	We're talking real money.
0:11.0	Brother, can you spare a dime?
0:16.5	Well, it's June.
0:18.3	It's June, ladies and gentlemen, and you know what was supposed to happen on June 1st?
0:24.5	You know, it was the end, the world was going to end financially. And so, as soon as we get done with the show here, I'm heading out to the nearest neighborhood bread line.
0:34.6	A little thin, watery soup and a loaf of moldy, crusty bread, hard.
0:40.6	But it's worth it because it's all we have in this destroyed economy that happened because,
0:46.4	well, of course, the debt ceiling, you know about the debt ceiling, it was going to ruin our economy and look what happened.
0:54.7	It didn't. It didn't.
0:56.7	It didn't.
0:57.8	Hi, I'm Don.
0:58.9	That's Tom.
0:59.8	Guess what this show is?
1:01.5	Talking real money.
1:02.8	Where we do what?
1:04.3	Talk real money with you.
1:06.4	And you can call us right now to talk about the horrible depression we find ourselves in after the debt ceiling at 855-935-935-8-25-5-8-25-5.
1:16.8	Tom, we hate to say we told you so, but...
1:19.7	We told you so?
1:24.3	Okay, it was waiting for that.
1:25.5	Oh, yeah.
	...

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