Talking Real Money

Follow Talking Real Money
Share on
Copy link to clipboard

30-year financial talk radio veteran, Don McDonald and former host of Serious Money on PBS, Tom Cock, reunite on a weekly call-in program talking about real money issues. Each week they solve real money problems, dole out real investing (not speculating) advice, and really explain the financial issu…

Don McDonald, Tom Cock


    • Dec 6, 2023 LATEST EPISODE
    • weekdays NEW EPISODES
    • 28m AVG DURATION
    • 1,336 EPISODES

    4.5 from 490 ratings Listeners of Talking Real Money that love the show mention: real money, paul merriman, low cost, index funds, investment advice, listening to tom, scams, financial advice, honest advice, daily podcasts, portfolio, best financial, keep rocking, financial podcast, personal finance, investments, investing, sensible, investors, retirement.


    Ivy Insights

    The Talking Real Money podcast is a fantastic resource for anyone interested in learning about investing and personal finance. Hosted by Tom and Don, the show provides technical and practical content that is both informative and enjoyable to listen to. The hosts offer great advice, answer listener questions, and provide daily podcasts, making it a valuable source of information for those looking to improve their financial knowledge.

    One of the best aspects of this podcast is the straightforward approach to investing. Tom and Don emphasize the importance of investing in broad market, low-cost index mutual funds or ETFs. They advocate for keeping investment portfolios simple, low cost, and aligned with a long-term retirement plan. Their unbiased financial advice makes it clear that they are not trying to sell any products but genuinely want to help their listeners make informed decisions.

    Furthermore, the hosts' personalities shine through in each episode. They deliver actionable advice with humor and wit, making financial topics engaging and easy to digest. This unique blend of entertainment and education sets Talking Real Money apart from other financial podcasts that can feel tedious or overwhelming.

    While there may be negative reviews circulating about one of the hosts, it's important to ignore them as they appear to be subjective opinions rather than valid critiques. It's unrealistic to expect podcast hosts to align with every individual belief or opinion, so it's best to focus on the valuable content provided by Tom and Don instead.

    In conclusion, The Talking Real Money podcast stands out among its peers as a well-rounded resource for sound financial advice. With their knowledgeable insights, relatable discussions, and lively banter, Tom and Don deliver a podcast that offers both entertainment value and educational benefit. Whether you're a beginner investor or looking to refine your financial strategy, this podcast provides valuable information that can help you make informed decisions about your money.



    Search for episodes from Talking Real Money with a specific topic:

    Latest episodes from Talking Real Money

    Unexpected Taxable Events

    Play Episode Listen Later Dec 6, 2023 47:13


    The end of the year often brings mutual fund investors an unpleasant surprise that can raise taxes; the realized capital gains distribution. How can you avoid this tax surprise? Are traditional mutual funds headed for extinction? Dimensional Funds rolls out a total market ETF to compete with Avantis. Then, listeners ask: How can the Washington state estate tax be avoided? Do they have enough to live a confortable and enjoyable retirement? How do you find a financial advisor you can trust? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Lifelong Income Strategies

    Play Episode Listen Later Dec 5, 2023 43:48


    What's the best way to create a retirement income stream from your investment portfolio. Today, Tom and Don share four popular income strategies. Then, we hear from you (actually, a few of you): Does it make sense to sell Apple stock to pay off a HELOC (home equity line of credit) early? What is the best way to invest an inheritance? How does money have to be withdrawn from a non-spousal inherited IRA? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Pensions Staging Comeback?

    Play Episode Listen Later Dec 4, 2023 25:13


    Once thought to be nearly extinct (except for government workers), some major employers are bringing back the old fashioned pension plan. Does the apparent certainty of a pension make it a better retirement option than defined contribution plans, like 401k and 403b Plans? Plus, listeners ask: Should the proceeds from the sale of an investment property be moved into a DST (Delaware Statutory Trust)? Should a regular mutual fund be sold and an ETF purchased instead? Learn more about your ad choices. Visit megaphone.fm/adchoices

    A Lot of Questions

    Play Episode Listen Later Dec 1, 2023 32:16


    In todays's Q&A session: Which funds should be used in a 403b? Thanks for the podcast. How much of fixed income should be in inflation hedges? How could a mom squeeze a bit more income out of her portfolio? Did it makes sense to sell bond funds and move into T-Bills? Is an umbrella liability insurance policy needed? How should a million dollar portfolio be invested? Learn more about your ad choices. Visit megaphone.fm/adchoices

    And the Winners Are...

    Play Episode Listen Later Nov 30, 2023 24:02


    A recent list of "the best mutual funds" is best ignored. The funds prised in this piece are not great funds, just a few that got lucky by being in the right investments at the right time. Plus, most of the funds are eclectic, expensive, and extremely risky. Then, Tom defends his Bob Brinker criticism and a listener asks: Should a multi-fund portfolio be converted to ETFs? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Seen the Light?

    Play Episode Listen Later Nov 29, 2023 24:20


    Most know him as the "Wolf of Wall Street." After ripping on investors for millions of dollars, Jordan Belfort claims to have "seen the light" and now believes that low-cost, index-style investing is the path investors should take. Then, listeners look for help... ...with a Health Savings Account's (HSA) divestment allocation. ...understanding why the value of a dividend fund has barely moved. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Dave Promises Big Bucks

    Play Episode Listen Later Nov 29, 2023 23:58


    Forget the 4% rule, Dave Ramsey wants you to believe that you can take an 8% annual income from an American Funds (or other broker-sold) portfolio. We explain why that is incredibly unlikely. Then on to the questions: What's the best allocation among funds in the Thrift savings Plan? Should a REIT in a taxable account be sold and invested in something more tax-efficient? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Financial Illiteracy

    Play Episode Listen Later Nov 27, 2023 25:06


    A new study of Americans financial knowledge shows that a sizable portion of us are woefully uniformed about financial matters. Tom and Don share the results and ideas for improving our fiscal education. Plus, listeners ask: What do we think of a move from bonds into T-bills? Is a financial advisor needed and why? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Work Plans Losing

    Play Episode Listen Later Nov 22, 2023 45:36


    This is the last show of Thanksgiving week, as Tom and Don are taking time off. In the episode, we discuss the many problems with 401k and 403b plans that keep employees from doing as well as they might in other types of accounts. Listeners want to know: Does it make sense to invest almost $500,000 in a jumbo CD? Why don't we make longer episodes and suggest people listen at higher speeds? What do (did) we think of Bob Brinker? In what order should retirement accounts be used for income? How much would a diversified account have made so far in 2023? Learn more about your ad choices. Visit megaphone.fm/adchoices

    So Few Houses

    Play Episode Listen Later Nov 21, 2023 46:53


    Today, we talk about the biggest reason housing prices have stayed so high in a period of rising rates. We also consider the right time to sell a home and downside and the impact a changing real estate sales market might have on real estate agents careers. We discuss the foolishness of keeping money in low-yield savings accounts. We also hear from listeners: How should a brokerage accoiunt be consolidated? Getting a lot on a savings accounts and hoping rates stay high. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Want to Pay Less?

    Play Episode Listen Later Nov 20, 2023 28:20


    If you want to reduce the amount you pay the IRS in 2024, there are several things you can do before the year is up to reduce your tax burden. If you wait until it's time to file next April, your deduction options are severely limited. Listeners ask us: If I convert one IRA to a Roth, must I convert them all? How do you choose between financial advisors with widely divergent strategies? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Pre-Turkey Q&A

    Play Episode Listen Later Nov 17, 2023 14:57


    In this episode, Don addresses the following: Why should a portfolio be rebalanced regularly? Is a state teacher's pension pre-tax money or can it be rolled over tax-free? What is the difference between the pre-tax, Roth, and after-tax 403b options? Finally, a listener appreciates the Medicare episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Are Advisors Obsolete?

    Play Episode Listen Later Nov 16, 2023 25:37


    As AI grows exponetially more knowledgable, are investors ready to move from human to many investing advice? Are there skills that people have that artificial intelligence can't mimic? Plus, listeners ask: What is the best order to draw from various types of retirement accounts? Which is the better Avantis total market ETF: AVGE or AVGV? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Most Don't Know

    Play Episode Listen Later Nov 15, 2023 46:36


    When Tom finally sits down with the finance guy to buy his car, he is pitched a bunch of extra warranties and given some terrible investing advice. So, today, we discuss all of the mistaken beliefs people have about investing. Then, we hear from listeners asking: Is it better to buy houses or invest in stocks and bonds? What is the required minimum distribution formula for retirement accounts? Finally, we get a call from someone who has done well in real estate. Learn more about your ad choices. Visit megaphone.fm/adchoices

    World of Opportunities

    Play Episode Listen Later Nov 14, 2023 45:11


    With U.S. stock prices running hot versus the rest of the world, could your portfolio benefit from more international stocks? Tom and Don share some numbers and historical data. We ask, is Robin Hood's 1% IRA contribution worth it? Don reads a bad review. Then, because of technical difficulties, we hear from just one listener: How should a young person's retirement be invested in Vanguard funds? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Hedge Fund Fail

    Play Episode Listen Later Nov 13, 2023 23:57


    We share yet another example of the premise that luck is behind the success of most professional money managers. A new book portrays Ray Dalio, the founder of the giant hedge fund Bridgewater Associates, as just another average investment guesser who may have gotten lucky in the past. Then, listeners ask: Should I sell old I-Bonds and pay the penalty to invest in newer bonds with a fixed rate plus inflation adjustments? How should I allocate my employer retirement investments between various Vanguard funds? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Four Q Day

    Play Episode Listen Later Nov 10, 2023 19:36


    This Friday, Don answers questions about: How many beneficiaries of a 529 plan can transfer $35,000 into a Roth IRA? Does a micro-cap fund have a place in a portfolio? Should a retirement lump sum be investing in rolling maturity fixed annuities? Is there any reason to NOT fund a 457 plan? Learn more about your ad choices. Visit megaphone.fm/adchoices

    A Mere Million?

    Play Episode Listen Later Nov 9, 2023 21:53


    The average American family's net worth has risen to 1 million dollars, yet few of us have the money for a $500 million yacht. However, there are 16 million mini-millionaires in the United States. How do you join the millionaire (or upper-middle) class? LIsteners ask: Does it make sense to tax-loss sell a total bond ETF to a tax-free bond ETF? Should you sell funds when they have gone up 20%? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Working in Retirement

    Play Episode Listen Later Nov 8, 2023 42:00


    Retiring later seems like a viable option for those who failed to save enough to afford retirement. What is the reality of working past 65? What are the new 2024 retirement plan contribution limits? We take listeners' questions: Should liquid money be invested in a 13-month CD? Can a portion of a parent's HSA be used for an adult child? Can a storage unit buyer transfer old savings bonds to his name? Should a small pension be withdrawn as a $30,000 lump sum? What should a 62-year-old do to catch up on retirement? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Fiduciary Future?

    Play Episode Listen Later Nov 7, 2023 43:57


    After failing several times, the Department of Labor will try again to make all retirement plan advisors act as true fiduciaries. The insurance industry will be suing to keep you paying them high fees and commissions. If you want excitement, find it anywhere but in investing. What are the lessons of the convicted fraud perpetrated by Sam Bankman-Freid and FTX? Our listeners want to know: Should an investor move from one small-cap value fund to another? What's the best way to invest money for grandkids' long-term future? What should be done with a capital gain from real estate to avoid taxes? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Rent and Invest?

    Play Episode Listen Later Nov 6, 2023 23:15


    Buying a home may not be as smart as renting. Rising interest rates have pushed the cost of home ownership far above the price of renting a similar home. Yet, home prices have not fallen enough to offset the differences. Plus, what does "kit and caboodle" mean? Listeners ask: In order to create a simpler portfolio, does it make sense to wait until prices of existing securities recovers? In a somewhat hodgepodge portfolio, should an ETF be sold to buy CDs? Learn more about your ad choices. Visit megaphone.fm/adchoices

    T.G.I.F.B.I.A.Q.

    Play Episode Listen Later Nov 3, 2023 15:55


    It's Friday, and Don takes your questions: What's with the weird ticker symbols for retirement plan funds? Does it make sense only to fund a mega-backdoor Roth IRA? Is it smart to loan a child money for a home? Should money from a 401k be used to pay off a mortgage? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Small Investors Win?

    Play Episode Listen Later Nov 2, 2023 24:48


    Have small investors finally gotten smarter than the market? Using misleading data from Robin Hood, The Wall Street Journal tries to make traders appear prescient. Then, we answer these questions: Which Vanguard bond fund do we prefer for an IRA? What is a Social Security benefit reduction, and why should you wait to collect? Learn more about your ad choices. Visit megaphone.fm/adchoices

    High Costs of "Free"

    Play Episode Listen Later Nov 1, 2023 41:25


    Every year we are inundated with ads for Medicare Advantage plans. So, are there any real advantages and what are the downsides? One caller criticizes Medicare Advantage programs Others ask: About contributing to a company 401k plan at age 60 with few retirement assets? What can be done with a bad company retirement plan consultants? Does it make sense to invest in target date ETFs in retirement? What some good investments for grandchildren? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Spike Setbacks

    Play Episode Listen Later Oct 31, 2023 37:36


    Don goes it alone for a couple of episodes. It appear that mist of the financial setbacks over the past fifty years have followed periods of rapidly rising rates. What can you do to protect against risng (and falling) interest rates? What is the historical norm for rates? Plus, Don talks about the first-of-its-kind target date ETF. Callers ask: What should be done with his stock portfolio in the current market? Why is my retirement plan at work showing a large loss? Should a portfolio of active funds be moved to index funds? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Fysics: Diversification

    Play Episode Listen Later Oct 30, 2023 26:54


    In this episode, we open Don's "good" book, Financial Fysics to the section on the power of a well-diversified investment portfolio. We take some questions, too: What should be done with two maturing annuities? How should a $5 million portfolio be invested to reduce taxes? Learn more about your ad choices. Visit megaphone.fm/adchoices

    403 and Annuity Q-Day

    Play Episode Listen Later Oct 28, 2023 30:29


    On today's Q&A show: Why is an attractive-sounding annuity a bad idea? Are there times when a 403b shouldn't be rolled into an IRA? How can someone complain about insurance products in a 403b? When can a contribution be made to a mid-year HSA? What's the best way to invest in various types of accounts? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Hard to Retire Here

    Play Episode Listen Later Oct 26, 2023 19:24


    Far too many Americans fall through the cracks in the U.S. retirement system. In an age of few pensions, many don't invest for retirement and can't survive on just Social Security. How do we get more workers to save more and invest better? Listeners ask: For a primer on brokered CDs. Are callable CDs worth considering? Which is better: a money market or certificate of deposit? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Whither Interest Rates?

    Play Episode Listen Later Oct 25, 2023 41:36


    We discuss the current state of the bond market and the possibilities for the future. Is there any way investors can outguess the bond market (or any other securities market)? Plus, we talk about Tom's new iPhone 15. Listeners would like to know: What is the difference between a money market account and a money market mutual fund? Was it wise to purchase 20-year bonds for long-term income? Where should money be placed to make money without risk? Do we think Fundrise is a good place to invest? Learn more about your ad choices. Visit megaphone.fm/adchoices

    60/40 Dead Again?

    Play Episode Listen Later Oct 24, 2023 43:33


    Six month's later, the Wall Street Journal contradicts itself in the debate about the efficacy of a 60% stock/40% bond portfolio. Understand how a short period can influence our long-term perception. Plus, what are your alternatives to traditional stock/bond investing? Our listeners ask: Why would you use a regular IRA when you expect to be in a lower future tax bracket? What do we think of the TSP "G" Fund vs BND? How should a late retirement saver invest? Should a retirement account with an insurance company be moved elsewhere? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Is Betting Better?

    Play Episode Listen Later Oct 23, 2023 26:20


    Could betting markets predict the future? The evidence shows that the "wisdom of crowds" has been pretty accurate. In finance, they call it "the efficient market." Essentially, this means that, in aggregate, a large crowd (like the global stock market) is likely to be a more accurate future prognosticator than you or even professional managers. Then listeners ask: What are the best investments for young grandchildren? Should dividends be reinvested or paid out? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Many Questions and Answers

    Play Episode Listen Later Oct 20, 2023 21:50


    This week: Why do we like the Utah 529 Plan? Should BND be sold to create a ladder even if it's down? Why don't we mention M1 Finance? What do we think of the Fidelity Zero funds? Can a corporate bond ETF replace a money market fund? Is 1% per year a fair fee for an investment advisor? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Annuities Are Sold...

    Play Episode Listen Later Oct 19, 2023 39:31


    Because they are so popular with financial salespeople, we need to talk about the confusing world of annuities. What are they and what are those who sell them failing to disclose? Discover the realities of these very complex (and lightly regulated) insurance investment products. Plus, we get annoyed with some if Suze Orman's simplistic and hyperbolic advice. Listeners ask: Which investments should be in taxable versus tax-advantaged accounts? Why do we like AVGE when it's an "active" fund? Why doesn't Tom buy his new car through Costco? How should one go about saving extra money for an early retirement? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Too Much Cash

    Play Episode Listen Later Oct 18, 2023 24:04


    Young investors have a lot of money in cash because they fear the stocks market. Yet, the best time to invest is when you are young because you have time to ride the ups and down of the market. Then it's question time: What can be done after an adviser puts money into an annuity with the client's permission? Why does a CD ladder makes sense? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Crypto Sucks...

    Play Episode Listen Later Oct 17, 2023 38:15


    How much might Bitcoin appreciate per year? Someone claims to know. Then, a Bitcoin farm can consume the energy of a small city and while the Chinese won't allow them in China, they have no problem consuming our power and maybe even our national security secrets. Is Bitcoin worth the costs? Don shares some actual numbers. Listeners ask: Do we know of a great 529A Able Plan? What do we think of a simple portfolio and when should it be rebalanced? Are more bonds needed in a portfolio? Is there a case to be made for a traditional, tax-deductible 401k? What do we think of an ESG portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Funding Higher Education

    Play Episode Listen Later Oct 16, 2023 26:22


    A special episode devoted to paying for your children's higher education. Appella Wealth college-funding specialist, Jim Femia joins Tpm and Don to share his expertise on the various ways you can afford to help your kid's get through college. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Friday is Question Day

    Play Episode Listen Later Oct 13, 2023 24:46


    Friday is when Don takes the questions you record at Talking Real Money: Why do Treasury security yields change throughout each day? How do you check out a fee-based advisor? What do we think of a company's new fund options? Does his advice for a friend's retirement portfolios make sense? Is the ETF "HIGH" a decent investment? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Friends and Money Don't Mix

    Play Episode Listen Later Oct 12, 2023 40:42


    A Washington Post advice columnist suggested firing a financial advisor friend. How can you find the right person to manage your money? Then we hear from lots of listeners: Is it better to invest fixed income dollars in bonds or laddered CDs? Will moving from one brokerage firm to another cause a taxable event? When is the best time to make a QCD? Why doesn't the Fed raise rates in one big move? How can an employee get out of an Edward Jones 401a? Which of many bad choices should a school district employee use in 403b? How does Merrill Lunch differ from Schwab? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Costs of Being Mortgage Free

    Play Episode Listen Later Oct 11, 2023 40:07


    There's a lot money tied up in our homes, so should you pay off your cheap mortgage? What are the costs to access all of that money should you need it? At Bank of America, it could cost up to 10% for a home equity line of credit. We talk about the potential future of bond prices. The we here from a bunch of Kens, a Barb (and others): What happens to the homeowner's capital gain exemption if you rent you house for a few years? Does direct indexing make investing sense? To invest in other funds should I wait until the old securities price goes up? How much risk should someone with a high risk capacity, but no need for risk, own bonds? Should I-Bonds be sold and reivested in CDs? Do QCDs (qualified charitable distributions) makes sense? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Dumb and Dumber Money

    Play Episode Listen Later Oct 10, 2023 22:59


    The movie "Dumb Money" depicts a small slice of the pandemic meme stock trading stupidity. Today, we discuss trying to time the market and it's similarity to other ways we lose money. Then, listeners ask: How much should be kept in the short-term liquid accounts? Should we take money from different types of account in different markets? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Fear for Financial Future

    Play Episode Listen Later Oct 9, 2023 18:28


    A recent study found that the vast majority of Americans don't believe they will be in good enough financial shape to retire at age 65. What are some of our biggest concerns and how can we deal with our unpreparedness? Plus, we share the tale of a money talk show host who went wild with listeners money. Then, we here from listeners: One takes us to task for sharing mutual fund portfolios instead of just ETF portfolios. Another asks where Health Savings Account (HSA) should be invested. Learn more about your ad choices. Visit megaphone.fm/adchoices

    One Week Later: More Qs

    Play Episode Listen Later Oct 6, 2023 23:39


    In this Friday's Question and Answer episode: While stocks plunged for most of the Great Depression, how did bonds perform? Does it make sense to convert to a Roth if the taxes are paid from the IRA? Does taking early Social Security payments and investing them better than waiting until age 70? How is a lump sum pension distribution taxed and should it be used to pay off a house? In which kinds of accounts should different types of investments be kept? Why do we state that homes haven't been a great investment over time? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Our Jobs Are Secure

    Play Episode Listen Later Oct 5, 2023 23:01


    Trillions of dollars are wasting away in low-yielding bank accounts. Why do investors keep making the same investing mistakes, over and over again, despite evidence that investing is incredibly simple if done right? How can you avoid making bad investing decisions? We also discuss the huge spread between savings account and credit card interest. A listener asks: Is her brother's dividend portfolio a smart way to invest? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Ending Conflicted Advice

    Play Episode Listen Later Oct 4, 2023 41:57


    The 401k and 403b investment offerings are a mess and the US Labor Department would like to make it better, but the financial product industry opposes mandating truly honest investing advice. Salespeople aggressively push expensive or unsuitable products, while the low cost products are hidden from participants view. What can you do to avoid the bad products and fiind the best retirement investments for you? Plus, listeners wasnt to know: What is our problem with target-date funds? Can an inherited IRA be gifted away? What should be done with investments when someone enters long-term care? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Shutdown Shut Down

    Play Episode Listen Later Oct 3, 2023 37:39


    We came prepared to talk about the impact of a government shutdown on your investments. Just as we came on the air, Congress voted to defer the issue for another 45 days. Yet, what would be the financial impact of another shutdown? We look back at the recent performance of the markets. Don shares some great streaming TV shows with Tom. Fund fees keep falling. Then, listeners ask: What should be done with some extra cash in retirement? Should marketable limit orders be used when trading ETFs? What is a reasonable expected return for a portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoices

    You Can't Win

    Play Episode Listen Later Oct 2, 2023 25:37


    The evidence continues to show why most "expert" money managers fail to beat their benchmarks. Don and Tom share some powerful academic reasons why money managers (and you) are unlikely to beat the market over time. Plus, those once-hot NFTs have turned icy cold, losing billions of dollars. Then, we take some questions: Is the I-Bond early-withdrawal interest penalty from early interest or the latest amount? With Social Security in trouble, what is the best age to take withdrawals? Learn more about your ad choices. Visit megaphone.fm/adchoices

    A Unique QCA Day

    Play Episode Listen Later Sep 29, 2023 20:41


    In today's question and comment episode: Don is appalled by another great example of a slick salesperson selling a horribly complex and misleading insurance investment for retirement. Should a Roth be funded for someone on the cusp of making too much money. A listener shares positive comments about a recent show. Does overfunding a 529 to allow a future Roth IRA transfer to a child make sense? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Trustworthy Advice

    Play Episode Listen Later Sep 28, 2023 24:57


    A recent study shows that most people trust the right people for investing advice. What is your trusted source of money information? Then, we hear from listeners: What do we think of this retirement portfolio, heavily invested in real estate trusts? Does the Schwab CD ladddering tool look good? Learn more about your ad choices. Visit megaphone.fm/adchoices

    You're Making Less

    Play Episode Listen Later Sep 27, 2023 40:02


    Morningstar recently reported a ongoing gap between investor returns and the returns of the stock market. You and your behavior make less than underlying indexes. We discuss Tom's attempt to buy a new Toyota and the lack of resonse to his queries. A caller shares his long history as a trader. Another looks for our opinion on real estate investment trusts (REITs). Is there any way to avoid the capital gain on the sale of property? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Bad Money Radio

    Play Episode Listen Later Sep 26, 2023 40:42


    Finding good financial advice is really tough. You might believe that those providing money information in the media are required to tell the truth. They're not. You need to carefully vet anyone providing investing information. We take a close look at the truth behind one the money radio shows in the Seattle radio who calls himself "The Money Professor." We find out there is less there than meets the ear. WE also look at some of the best CD rates and discuss laddering. Our loyal listeners ask: Are Dimensional funds passive or active? What the the first steps to getting started investing? Learn more about your ad choices. Visit megaphone.fm/adchoices

    seattle cd money radio
    It's Not Investing!

    Play Episode Listen Later Sep 25, 2023 21:19


    Instead of lining up at the track or using a bookie, today's compulsive gamblers have a respectable way to feed their dangerous habit: short-duration option trading. The amount of money gambled away in securities markets is staggering, and it is no better than playing slots at a casino. It may be worse. We also discuss the egomaniacal comments of Bill Gross. Listeners ask: Which is better: Regular or Roth retirement accounts? What do we think about Titan Capital? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Claim Talking Real Money

    In order to claim this podcast we'll send an email to with a verification link. Simply click the link and you will be able to edit tags, request a refresh, and other features to take control of your podcast page!

    Claim Cancel