Yield Trap
Talking Real Money - Investing Talk
Don McDonald
4.5 • 811 Ratings
🗓️ 2 April 2026
⏱️ 30 minutes
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| 0:00.0 | Reality Radio for a really great future. |
| 0:08.0 | We're talking real money. |
| 0:10.4 | There is so much deplorable financial advice, investing advice out there these days. |
| 0:17.9 | And I honestly believe it's getting worse and worse and worse with each |
| 0:22.2 | passing day as some of the most respected names, once respected names in financial journalism, |
| 0:29.7 | are doing anything they can. I'm telling you, if you've ever watched the old Newhart show, |
| 0:35.3 | they are Larry, Daryl, and Daryl, they'll do, they're doing anything they can for a buckhart show. They are Larry, Darrell, and Darrell. They're doing |
| 0:38.8 | anything they can for a buck these days. They are just telling you some of the worst stuff. |
| 0:43.7 | They are selling stuff. They are just not acting in your best interest. And these days, |
| 0:49.2 | one of the poster child, children, they can't be childs, they'd be children, for giving out horrible advice, |
| 0:57.5 | much of it paid is a publication that we used to respect. |
| 1:02.1 | As a matter of fact, we used to talk with the publisher, Knight Kiplinger, regularly, |
| 1:06.7 | and that's Kiplinger's magazine or whatever. |
| 1:28.0 | Yeah, I don't know if it's called, and And they still have some stuff. I mean, they still have their tax thing. They send out, which I like. But the, but the, the, the publication itself I do not like. I do not respect because there's too much junk like we're about to talk about. Oh, my God. That is really cheesecake. |
| 1:46.3 | It's really, sorry, I'm not going to say the other word. It's investment porn. It is. We're no longer on the radio. Oh, that's right. This is a podcast. We can say porn. But that was in the car. No, that was a radio thing. So, yeah, I mean, the thing is, this is only meant to excite. You're going to look at the numbers and say, |
| 1:52.4 | give me that. I want to underline that twice and take it home and, oh, we're not supposed to talk about that. |
| 2:04.4 | Anyway, I mean, the thing is, this is really bad advice. Yeah, and it comes from a gentleman at, who is supposedly one of their editors. Now, I don't really know what the secret relationship is between him and Kiplingers. My guess, and this is purely a guess, |
| 2:11.2 | I don't know anything, but his title is... Hold on, I got to find it. |
| 2:19.1 | I don't know how to pronounce his last name, so I'm going to just try. |
| 2:21.6 | It's Nosset or Kosset or Kossnet. |
| 2:26.6 | Kossnet. |
| 2:27.2 | That was it. |
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