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Talking Real Money - Investing Talk

Volatility: What to Do?

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 25 April 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Tom and Don explore another goofy investing advice article (as if something has actually changed). Our listeners ask us: How should assets be consolidated for upcoming retirement? What should be done to create a backdoor IRA with an excess contribution? Which Vanguard fund should replace an American Funds tax-free fund? How safe is Schwab as an investment advisory firm's custodian? What should be done with an old employer's 401k? Learn more about your ad choices. Visit megaphone.fm/adc...

Transcript

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0:00.0

Reality Radio for a really great future.

0:08.0

We're talking real money.

0:10.9

Well, he found me a used car today.

0:14.0

He also said I did a pretty good job on the first hour of the show.

0:18.5

And now, through the magic of the interweb, he joins us on the first hour of the show and now through the magic of the interweb he joins us on the program

0:26.5

oh oh oh oh oh that a dream that was i dreamed i dreamed i dreamed you were doing a show

0:32.7

by myself crying in the corner yeah i i uh oh golly you feel better i was a dream or a nightmare which

0:41.2

is it well you know it was so real it was vivid i kept sorry for you i am oh man you know that was a nice

0:48.4

nap though you know i was you know i was dreaming that i was dreaming, like, can call us at, that there's a number, like, 855, 935, like, talk. Yeah, that's right. I mean, a number that says words in it. Yeah. Yeah. Oh, I dreamt that. I dreamt that. And I also, I don't know if it was a predictive dream or, I dreamt that, I don't know, you read an article somewhere.

1:18.0

Finally.

1:18.3

About things to do in volatile markets like they aren't always volatile or something.

1:24.1

I don't know what I'm talking about.

1:26.1

I'm sorry, I'm delirious.

1:27.1

You're feeling better don't

1:28.2

don't make don't know if whatever this all is i don't know if tin cans or wires or whatever but it

1:35.5

it's working now glad to have you here that's a good thing yeah yeah no i did i read a a fascinating

1:42.6

piece fascinating i mean this is you mean wait you Wait, you mean, that was real, too?

1:47.1

that was real you're you're you're you're I don't know I'm telling you I'm I'm like in one of those crazy movies where you don't know if it's real

1:49.2

or well I was what I was telling people I had one of those where I could see you

1:54.1

but I couldn't hear you it was like one of those dreams where you're like trying to reach somebody

1:58.0

but you can't quite yeah yeah and then and then you kind but I couldn't hear you. It was like one of those dreams where you're like trying to reach somebody, but you can't quite shoot to them.

2:01.2

Yeah, and then you kind of, what you do is you kind of fall out of bed trying to reach somebody. It gets so real. It's like, I do those. Dude at my age, if I fall out of bed, I'm not getting up again. That's it. So anyway. which my wife worries about.

...

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