“An 11 year old told me to invest in crypto.”

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 19 February 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat talk inflation. Then Scott shares what he said to an 11-year old who told him he needed to invest in cryptocurrency. Plus they reveal the most realistic time to start worrying about retirement. You’ll hear advice for a man thinking about rolling over his old 401k. Finally, a lesson on what to do with your required minimum distribution. Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here. You can also email Scott and Pat at [email protected]. Download and rate our podcast here.

Transcript

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0:00.0	Would you like an opinion on a financial matter you're dealing with? Whether it's about retirement,
0:17.5	investments, taxes, or 401ks, Scott Hansen and Pat McLean would like to help you
0:22.8	by answering your call to join Allworth's Money Matters. Call now at 83399 Worth. That's
0:29.3	83399 W-O-R-T-H. Welcome to All-Worth's Money Matters, Scott Hanson. Pat McLean.
0:37.9	Glad you are with us as we're talking about financial matters, both myself and my co-host,
0:42.6	longtime co-host, are both financial advisors.
0:45.4	We spend our weekdays with people like yourself,
0:47.6	and we broadcast on the weekends to be your financial advisors on the air.
0:51.7	So whether they're listening to us through our podcast or terrestrial radio or whatever the case
0:56.7	may be, we're glad you are with us.
0:58.5	Yes, thanks for being here.
0:59.7	And we promised to have a good program.
1:01.6	We will do our best.
1:03.0	As usual, we'll take some calls, interesting calls, which we tend to find most of them
1:07.2	quite interesting.
1:09.0	Yes.
1:09.9	It's what I actually enjoy about financial planning.
1:11.9	It's the, I went into this business, and I studied finance in college.
1:16.6	I had no intention of going into the investment business.
1:20.0	And as I started looking at different career paths, this was 30-some years ago, I saw this
1:25.4	as a perfect blend between finance and just the human interaction
1:31.1	and how we're wired as humans and the psychology. Yeah. One of my best friends wanted to
	...

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