Final Broadcast - One

Talking Real Money - Investing Talk39mMarch 31, 2026

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AI-Generated Summary

In the final live broadcast of 'Talking Real Money' on Northwest News Radio, hosts Don McDonald and Tom Cock reflect on a 38-year legacy that traces back to 1988 with the 'Ways and Means Committee' and includes iconic shows like 'Sound Investing' and 'Investor Radio.' The episode is a heartfelt farewell to the radio format, marking the transition to a five-day-a-week podcast. Don shares a powerful illustration of long-term investing: $500 monthly in the S&P 500 since 1988 would have grown to over $3 million today, underscoring the power of consistency and compounding. Amid market volatility, including a recent 10% drop in the NASDAQ and a $40,000 loss in his own portfolio, the hosts emphasize the importance of sticking to a disciplined plan, ignoring market noise, and avoiding those who claim to predict the future. Callers share personal stories—from retirement success and credit score glitches to concerns about overpriced advisors—prompting practical advice on freezing credit, tax-efficient investing, and evaluating financial advisors. The episode closes with a strong endorsement of the podcast as the new home for financial guidance, reinforcing their mission to educate and empower listeners.

Key Takeaways
1

Consistently investing $500/month in the S&P 500 since 1988 would have grown to over $3 million today, proving the power of time and compounding.

2

When markets fall, stick to your plan—don’t panic, don’t react to noise, and ignore those who claim to predict the future.

3

Freeze your credit files at TransUnion, Equifax, and Experian to prevent identity theft—easy to do with a single click.

4

If your advisor charges 1%+ and uses expensive, actively managed funds, they may not be adding value—consider a fee-only advisor or self-management.

5

Tax-efficient investing matters: avoid high-turnover funds and focus on low-cost, tax-aware ETFs and index funds.

…and 1 more takeaway available in PodZeus

Chapters
0:00
5 min

A Legacy in Radio: From 1988 to the Final Broadcast

In July of 1988, you put $500 a month in starting in July of 88 over the next 38 years. S&P 500, not a fancy global portfolio, just the dull, boring S&P 500. And remember in there we did have the crash.

Highlight
5:00
5 min

The Power of Simplicity: $500/month in the S&P 500

That $250,000 or so that you put in would be worth $3 million today.

Highlight
10:00
5 min

Market Volatility and the Investor's Response

The hosts address recent market declines, including a 10% drop in the NASDAQ, and advise listeners to stay calm, stick to their plan, and avoid reacting to fear-driven media narratives.

15:00
5 min

Listener Calls: From Retirement to Credit Scores

Callers share personal financial milestones and concerns—retirement success, credit score drops, and advisor fees—prompting practical advice on credit freezing, tax efficiency, and portfolio evaluation.

20:00
5 min

Paul Merriman: A Mentor and Friend

You guys literally changed my life, get the radio show going and all the work that you did before you started your own company.

Highlight
High-Impact Quotes
In July of 1988, you put $500 a month in starting in July of 88 over the next 38 years. S&P 500, not a fancy global portfolio, just the dull, boring S&P 500.
Don McDonald1:31
Viral: 92.0
You guys literally changed my life, get the radio show going and all the work that you did before you started your own company.
Paul Merriman14:16
Viral: 90.0
That $250,000 or so that you put in would be worth $3 million today.
Don McDonald8:43
Viral: 88.0
Speakers

Hosts

Don McDonaldTom Cock

Guests

Paul MerrimanBrianJohnJoniScott
Topics Discussed
Long-Term Investing95%Market Volatility and Emotional Discipline90%Credit Protection and Freezing88%Fee-Only Financial Advisors85%Tax-Efficient Investing82%Roth IRA and Tax-Free Growth80%Legacy and Broadcasting History78%Podcast Transition and Future of Financial Education75%
People & Brands

Don McDonald

person

15xPositive

Tom Cock

person

14xPositive

855-935-TALK

other

12xPositive

S&P 500

other

8xNeutral

TalkingRealMoney.com

product

6xPositive

Paul Merriman

person

6xPositive

Northwest News Radio

other

4xNeutral

Experian

other

4xNeutral

Equifax

other

4xNeutral

TransUnion

other

4xNeutral

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