Big Q&A DAY

Talking Real Money - Investing Talk

Don tackles six listener questions in a rare full-stack Q&A Friday. He breaks down a shady universal life insurance pitch, dismantles the myth of “smart” market timing with limit orders, and offers clarity on Roth conversions, rebalancing strategies, and inherited IRA hacks. A master class in how to stop making dumb money moves.

0:04 Intro – Friday Q&A episode with a goal: 6 questions in one show

1:18 How to ask your questions (and why spoken questions get on air)

2:55 Rachel (NC): Friend sold a $7,000+/yr universal life policy — is it a scam? (Yes)

4:09 Breakdown of how much goes to commissions, costs, and investments in year one

6:44 Better choice: Buy term and invest the difference

8:47 Backdoor Roth IRA Timing: Can I convert a 2025 non-deductible IRA in 2026 and still have it count for 2025? (Sort of, but not really)

11:08 Andrew: Used a limit order during market dip to rebalance — did it work or just get lucky?

14:22 Why timing systems (even “disciplined” ones) fail over time

15:23 S&P 500 Addition Bump: Can you profit from companies added to the index? (Unlikely)

17:37 Tesla example and the dangers of trying to front-run institutional traders

18:22 Casey in Albuquerque: What does rebalancing really mean? (All of it—stocks/bonds, small/large, U.S./intl.)

21:21 Eric: Can you offset inherited IRA RMDs by making IRA/401(k) contributions with that income? (Yes, if within limits)

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