A $50 sports bet can cost more than the money you lose today. Don and Tom explore why treating gambling as an investment can put decades of potential growth at risk—and why patient, low-cost, diversified investing offers a very different proposition. They discuss the pull of betting apps, the power of compounding, and the habits that make saving automatic. ... Show More
Oct 30
Ep. 2011: Four Questions Before Halloween
On Halloween Eve, Don takes four listener questions about starting young, retiring early, managing risk, and making the most of Social Security. The costumes may be spooky, but the answers are practical.First, he weighs whether an 18-year-old without earned income should keep an ... Show More
19m 48s
Oct 29
Ep. 2010: The Market Timing Mirage
Market timing always looks easy in hindsight: just miss the 30 worst days. The catch is that the market’s best and worst days cluster together, so getting out means risking the rebound. Don and Tom unpack the seductive math, the impossible two-part prediction, and why diversified ... Show More
35m 1s