Talking Real Money - Investing Talk
Talking Real Money - Investing Talk
Don McDonald
Ep. 1615: Don't Cry for Me
27 minutes Posted Mar 31, 2025 at 9:13 pm.
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At Talking Real Money, we consistently emphasize that investing requires diversification, low costs, planning, and acknowledgment that predicting the future is impossible—a lesson humorously highlighted by the saga of Argentina's 100-year bond. Originally mocked after Argentina defaulted in 2020, this bond, offering an initially enticing 7.9% yield, remarkably bounced back following political reforms under Javier Milei, outperforming both U.S. Treasuries and Austria's similar bond, which lost...