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Tom and Don are Talking Real Money

Money and funny? Yes, the two can go together. Toss in honesty and transparency, mix with true financial science, and you have the most unique investing podcast in America. Listen as two of the country's top financial broadcasters and educators show you how to stop playing with your hard-earned money and start investing it for YOUR future. Tom Cock was the host of the PBS-TV show “Serious Money” for many years, and Don McDonald hosted a nationally syndicated financial talk show since 1988. Today, Tom and Don are still dishing out simple, straightforward financial advice on one of the most popular investing podcasts in the world.

Recent Episodes

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The Right Withdrawal Rate?
July 8, 2026

The Right Withdrawal Rate?

Tom and Don tackle one of retirement’s hardest questions: how much can you safely spend from your portfolio without blowing up the rest of your life? They walk through the familiar 4% rule, flexible withdrawal strategies, why a flat 10% withdrawal is usually fantasyland, and why the “right” spending rate depends heavily on your age, timeline, and tolerance for adjusting in bad markets. They also answer a listener question about a 22-year-old’s investment allocation and close with a timely discus
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Mom (Dad) and Money
July 7, 2026

Mom (Dad) and Money

As parents age, money can get more complicated—bill paying, account access, healthcare decisions, investment management, and eventually the possibility that someone else may need to step in. In this episode, Don and Tom walk through how families can start that conversation before a crisis hits. They cover when to begin talking, what adult children should know about accounts and spending, why durable powers of attorney need to be checked with custodians in advance, and the importance of reviewing
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It's Very Volatile!
July 6, 2026

It's Very Volatile!

Don and Tom take on the latest crypto hype cycle, arguing that Bitcoin remains speculation—not a reliable store of wealth—and that putting crypto inside retirement accounts is especially dangerous. They discuss a new self-directed IRA crypto platform, the risks of private equity and alternative assets in retirement plans, and why “get rich quickly” pitches should set off alarm bells. Then they answer two listener questions. First, Mark from Ohio asks how to prepare a retirement portfolio for a l
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Clickbait Investing
July 2, 2026

Clickbait Investing

Don and Tom take apart a clickbait Kiplinger piece touting the “five top buy-and-hold investments to manage market volatility,” arguing that the list is a random grab-bag of recent winners rather than a coherent portfolio. They explain why the suggested mix—VOO, VXUS, a healthcare sector ETF, Apple stock, and gold—does little to reduce volatility and instead layers on concentration risk, sector bets, and performance chasing. From there, they broaden the discussion into a more useful question: wh
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Another Money Quiz
July 1, 2026

Another Money Quiz

Can Tom beat the average American on a personal finance quiz? Don puts Tom in the hot seat with eight questions drawn from a financial literacy quiz developed by researchers at Stanford University and TIAA. The topics range from earning, budgeting, inflation, investing, debt, insurance, and risk to evaluating investment advice. Along the way, there’s plenty of good-natured ribbing, a debate over compounding, and a reminder that even financial professionals can stumble on carefully worded ques...
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You Can't Beat 'Em
June 30, 2026

You Can't Beat 'Em

Don and Tom tackle the blurry line between free speech and market manipulation after the conviction of prominent short seller Andrew Left. They debate whether financial influencers should be allowed to profit from public stock recommendations, discuss why members of Congress continue trading individual stocks despite widespread public opposition, and explain why ordinary investors should avoid trying to outsmart people with superior information or influence. The conversation then shifts into lis
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