You're Right, Of Course

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5 • 811 Ratings

🗓️ 28 May 2026

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode of Talking Real Money examines why financial advice so often turns into emotional debate instead of productive problem-solving. Don and Tom discuss how investors routinely underestimate spending, cling emotionally to employer stock, and defend strategies like dividend chasing, covered calls, crypto, or gold despite decades of evidence favoring diversified investing. They answer a listener question about aggressively paying down a 6.625% adjustable-rate mortgage versus maintaining...

Transcript

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0:00.0	Your guides to a really great financial future.
0:09.0	Tom and Don are talking real money.
0:12.0	I have a question for you.
0:13.9	In fact, I think we both have a question for you.
0:17.1	When you listen to talking real money and when you send in questions that you'd like us to answer,
0:24.4	are you looking for help, advice, or just validation?
0:32.9	We're not sure which.
0:35.0	We think sometimes it's the latter.
0:40.4	And we should have a little talk about that.
0:41.5	Hi, everybody.
0:43.6	Welcome to talking real money.
0:46.2	I'm one of the two hosts of this program.
0:47.4	My name is Don.
0:51.3	And over there is my friend and co-host.
0:52.9	His name is Tom.
0:56.4	We're two old white guys waiting to die on a podcast.
0:57.8	That's us.
1:00.3	Hopefully it's not too soon.
1:01.8	We want to stick around for a little while.
1:03.5	But, you know, it's funny.
1:10.2	We really do, and we always have over the many decades we've been doing financial talk now.
1:12.4	We've wanted to help make you a better investor. But we get the sneak and notion that sometimes maybe you don't want to be a
	...

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