Identify Bad Brokers
Before you hand money over to a "financial advisor" (broker) you'd be wise to check their disciplinary history a brokercheck.finra.org.
Jul 27, 2020•2 min•Ep. 53
Talking Real Money Minute - Investing Advice and Money Musings
Looking for real investing advice and a fresh financial perspective, but don't have time for a full podcast. Spend a minute (okay, 90 seconds) with 30-year financial talk show host, Don McDonald. Learn how to build the wealth you need for a brighter future based on solid science, not hunches.
Episodes
Buffett vs. The Market
Many consider Warren Buffett to be the best stock picker of all time. So, he must beat the dull, boring market, right?
Jul 24, 2020•2 min•Ep. 52
Diversification vs. Timing
Is it a good time to be in growth stocks or value? Are U.S. stocks going to rise faster than international issues?
Jul 23, 2020•2 min•Ep. 51
Smart or Dumb Risk?
Are you taking more risk than you should with your investments? Greed can make us do dumb things.
Jul 21, 2020•2 min•Ep. 50
Buy What Rises
In the ongoing battle between growth and value investing, beware of playing on the winning side.
Jul 20, 2020•2 min•Ep. 49
Pay Off Mortgage?
Should you work to pay down your mortgage? Don explores the pros and cons.
Jul 16, 2020•2 min•Ep. 48
Too Late to Profit
If someone has a system for beating the market it is bound to stop working as more people use it.
Jul 13, 2020•2 min•Ep. 47
Better Tax-Free School Savings
Don briefly explains how 529 plans work and the new rules that allow them to help pay of student loans and more.
Jul 06, 2020•2 min•Ep. 46
Dangers of Going Naked
When you gamble your losses are limited, unless you're gambling on some options, where losses are potentially unlimited.
Jun 22, 2020•2 min•Ep. 45
Dave's 12% Obsession
Dave Ramsey seems fixated on 12% as the return you can expect from investing in the stock market. Not only is that not an accurate historical figure, it is an expectation that will likely leave many sorely disappointed.
Jun 19, 2020•2 min•Ep. 44
Hertz Might Hurt You
Hertz Car Rental is in trouble. There stock has plunged. They have billions in debt. They have filed for bankruptcy. Yet, they want to offer you new shares of stock. What's in it for you? Danger.
Jun 18, 2020•2 min•Ep. 43
Stocks as Sport
With no sports to be on, bored sports gamblers have chosen to lose their money day-trading stocks. Losing is still losing and luck rules the game.
Jun 16, 2020•2 min•Ep. 42
Market Mind Games
If you want to keep both your sanity and your money you need to find a way to avoid the market's tricks.
Jun 12, 2020•2 min•Ep. 41
Let the Dow Die
Don hates the Dow Jones Industrial Average. Not only is is not an index, it only represent about 0.002% of all the stocks traded in the world. Can't we start calling something else "the market."
Jun 10, 2020•2 min•Ep. 40
Cash Out Issues
Over $1 trillion was moved into cash. Why that's a mistake in more than one way.
Jun 08, 2020•2 min•Ep. 39
Annuities: You Usually Lose
Immediate annuities seem like a nice safe way to guarantee income, but the insurance company will almost always win the bet.
Jun 06, 2020•2 min•Ep. 38
Getting Breaks for Your Broker?
Most loaded mutual funds offer lower commissions for larger amounts invested, but many brokers advice against these breakpoints to pad their pockets.
Jun 04, 2020•2 min•Ep. 37
How Much Are You Paying?
The survey says that most people either don't know how much they pay for advice or actually believe they're paying nothing. The truth is far different. Check out our advisor cost comparisons at talkingrealmoney.com/compare .
Jun 03, 2020•2 min•Ep. 36
Traders Can't Win
Want to make money in the day-trading business? Then sell people fake trading classes, because you're unlikely to make much, if anything, trying to trade securities.
Jun 02, 2020•2 min•Ep. 35
Undervalued Value?
Some pundits want you to believe that value investing no longer works. Just because something hasn't been successful lately doesn't mean it won't come back.
Jun 01, 2020•2 min•Ep. 34
What's Average, Isn't
While the stock market may post impressive averages, you're unlikely to see that return in a particular year. To get the "average" you must accept the ingoing fluctuations.
May 29, 2020•2 min•Ep. 33
Anything For a Buck?
Despite the fact that they are being sued by the Washington State Attorney General, Dave Ramsey continues to recommend a time share exit firm that has almost 360 complaints with the Better Business Bureau and 78 one-star reviews on Yelp. I wonder if he'd still reccomend them if they didn't pay him?
May 27, 2020•2 min•Ep. 32
Six Percent With Safety?
An online column recently touted an investment retirement income yielding 6%. Can you really get that much income safely?
May 26, 2020•2 min•Ep. 31
How Much to Retire?
Here's a simple (albeit not easy) way to determine how much money you might need to retire comfortably.
May 21, 2020•2 min•Ep. 30
Why Annuities?
Except is a very few cases an annuity is probably one of the worst investment choices you can make. So, why do we buy them?
May 20, 2020•2 min•Ep. 29
Returns Require Risk
Wall Street lies. Insurance agents lie. There is aboluetly no way for you to enjoy high investment returns with little or no risk, no matter how badly you want it.
May 19, 2020•2 min•Ep. 28
The Oracle vs The Index
Many in the press are critical of Warren Buffett's recent stock picking problems. They forget that he has always said that investing in a diversified, low-cost portfolio makes more sense than stock picking.
May 18, 2020•2 min•Ep. 27
Seeing the Forest for the Trees
Even though the near future looks bleak eventually the economy will come back.
May 15, 2020•2 min•Ep. 26
Exchange Traded Gambles
The exchange traded fund industry is concerned about speculative ETFs sullying the industry's name and want the riskier stuff to go by another name.
May 14, 2020•2 min•Ep. 25
Telling the Truth Hurts
It appears that most of those providing financial advice have issues with honesty. They worry that if you knew the truth you wouldn't give them your money. They're probably right.
May 13, 2020•2 min•Ep. 24