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Talking Real Money - Investing Talk

We Don't Have a Clue

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 14 August 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

Nobody can predict the future. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.8

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0:34.9

Reality Radio for a really great future.

0:38.1

We're talking real money.

0:40.0

April, when the stock market was making all these moves, we kind of talked about it on the podcast once in a while.

0:46.8

Have you noticed we don't talk about it anymore?

0:49.4

Because it doesn't matter.

0:51.0

It's kind of irrelevant.

0:52.6

But, no, it hasn't done much of anything. So we're not

0:54.8

going to talk about it today either. We are, though, going to take a lot of questions on today's

1:01.0

podcast because they're still piling up. Thank you. That's wonderful. I love the fact that they're

1:06.4

piling up. It's great because that's my favorite part of this job is answering your questions.

1:13.5

But before I do that, here is an interesting object lesson. You're sitting around thinking to

1:21.9

yourself, I've got a 15 year, 20 year or even 30 year mortgage.

1:28.8

Should I pay that off?

1:32.2

Well, here's an interesting corporate example for you.

1:40.2

Do you know that the biggest or second biggest corporation in the world

1:47.5

just took out, just issued a bunch of bonds?

1:57.2

And they're paying, even though they've got billions of dollars in cash and the company is Apple,

2:03.5

they recently borrowed a whole lot of money at 2.6%.

2:12.3

And they borrowed it for 40 years. Forty years.

2:19.9

Wow.

...

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