Episode Details

Would you pay $300,000 for a jeweled tiara? Probably not, right? There are probably better uses for almost a third of a million dollars. So, who in the right mind would pay that much for a virtual tiara? Don marvels at the incredible inaneness of people who seem to have way too much money.

Due to technical difficulties Don take calls alone for a while:

• When should young investors start seriously diversifying their portfolio?
• Where is our advisor interview form?
• Should investments be focused on regular IRA or Roth IRA?
• Who is eligible to buy $10,000 worth of I-Bonds in a household?
• Then, Tom sneaks in to talk about real estate 1031 exchanges?

The hour ends with a discussion about the connection between bond fund prices and the portfolios duration.