Talking Real Money - Investing Talk
Talking Real Money - Investing Talk
Don McDonald
Ep. 1992: The Enemy Is Us
28 minutes Posted Oct 5, 2026 at 4:00 pm.
Grandkids in the Studio
Emotions Drive Investing
Overconfidence and Risk
Staying Invested Pays
Retirement Risk Questions
Trusts and Trustee Costs
Cashing In Old Life Insurance
Wrap-Up and Disclosure
0:00
28:47
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Show notes
The biggest drag on an investment portfolio may be the investor. Don and Tom examine the behavior gap—the difference between what investments earn and what people actually keep after fear, greed, overconfidence, and badly timed decisions take their toll. They explain why market timing so often means selling after prices fall and returning only after the recovery is obvious. Missing even a handful of the market's best days can dramatically reduce long-term wealth, while a disciplined plan help...