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Allworth Financial‘s Money Matters

Capitalism, Roth Strategies, Tax-Efficient Giving, and Retirement Peace of Mind

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9782 Ratings

🗓️ 6 September 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat dive deep into the power of capitalism, why activist investors keep markets healthy, and what we can learn from China’s struggles with electric vehicles and housing. Then listeners call in with real financial challenges—ranging from Roth conversions inside a 401(k), to balancing pre-tax vs. Roth contributions, to donor-advised funds for tax-smart charitable giving. You’ll also hear practical guidance on managing too much cash in retirement accounts, navigating pensions vs. lump sums, and aligning financial decisions with your life goals. Join Money Matters:  Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at [email protected]. Download and rate our podcast here.

Transcript

Click on a timestamp to play from that location

0:00.0

Would you like an opinion on a financial matter you're dealing with?

0:07.3

Whether it's about retirement, investments, taxes, or 401ks, Scott Hanson and Pat McLean would like to help you by answering your call.

0:15.3

To join Allworth's Money Matters, call now at 83399 Worth. That's 83399 W-O-R-T-H. Welcome to Allworth's Money Matters, Scott Hanson.

0:26.3

Pat McLean, thanks for joining us. Yes, we are glad you're participating with our program today.

0:31.4

We're talking about financial matters, answering some calls, talking about the world of finances

0:39.7

helping you make wise choices

0:41.5

with your money

0:43.0

which is in part investment

0:45.3

part planning

0:46.5

part psychology

0:47.9

part psychology

0:51.4

it really is

0:53.4

I think even my own self i've oh i know i know i know because i've made some great investments over the years oh yeah and some bad ones oh yeah and it's just nature. Just hang on to those bad ones. Never celebrate the wins, just live in the losses. And they're not only one or two of them. And they're not anyway. Well, we've had a couple companies that didn't make it. Well, we don't talk about it. One that we put quite a bit of money into. It's funny because someone says, Scott, it seems like everything you do touches it turns to gold. You just have the Midas touch, don't you? I'm like, no. Oh, yeah, we did a couple. Oh, wait, Pat, we had leased a bunch of space and had cubicles all set up. We were taking over the world. It started well. Yeah. That didn't work. That's how. Look, it's how life goes sometimes. I did six, six companies. Three of them might talk about. That's right. Other than when I say companies ongoing concerns other than because you've sometimes

2:02.5

form a corporation around real estate but yeah but but I got to tell you Scott I the

2:09.8

mere fact that we can where you came from where I came from at the age of 62 I can look back at

2:16.3

this and say holy smokes i love capitalism it allowed

2:20.6

it allowed someone with out much means to to go and and then i was i was reading an article a couple

2:29.1

days ago about china and how their ev they have an electrical vehicle problem that they actually don't know how to handle.

2:40.8

What's their problem?

2:42.0

They're producing so many electric vehicles in these government-sponsored companies that compete against each other that they're driving the prices down so low that

2:52.3

everyone's losing money but oh government control because the fact that it would cause great

2:57.7

unemployment to lay these people off they get in these spirals the same thing they did with the

...

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