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Jill on Money with Jill Schlesinger

Coronavirus: Is an Online Will Okay?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 16 July 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

Estate planning is a must when it comes to your personal finance "to-do" list. Does that mean you have to shell out the big bucks for an estate attorney? Or is an online version okay? Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Coronavirus Market Update. It is Thursday, July 16th.

0:11.4

And you know, listen, I woke up yesterday morning and I had the folks at

0:16.0

CBS radio pestering me and asking me like oh do something about can you file

0:20.4

something about the stock market in the futures market and you know every day

0:24.8

that markets go up there is some attempt to make sense of it maybe it went up

0:30.6

because there were early results on a vaccine maybe it went up because there were early results on a vaccine.

0:33.4

Maybe it went up because Goldman Sachs had blowout earnings.

0:36.4

But at the end of the day, I continue to believe that we should not be,

0:41.0

we, the Jill on Money family, should not be we the Jill on Money family should not be focusing so much on these day

0:46.2

to day gyrations and you know I would really really emphasize that the investment markets they're not reflective necessarily

0:56.7

of what's the most important thing in your financial life so that's why we want you to

1:00.6

get in touch with us just send send us an email. Ask Jill at Jill on money.com.

1:06.2

Ask Jill at Jill on money.com. And you know yesterday, Mark, a friend of ours who works at CBS,

1:16.4

reached out to me and asked about allocation of a retirement account and I was laughing because I said, you keep focusing on the investment part and

1:21.9

I keep telling you to save more.

1:23.9

So we're at odds here.

1:24.9

I said, so I'm going to stop answering your questions about allocation until you start saving

1:29.4

more money.

1:30.4

And that was the end of the conversation.

1:31.6

It was great. Okay. We got a follow-up because earlier this week we had a question from Dale about her mother

1:39.8

who was selling her home worth about a million dollars and here's the follow-up.

1:44.8

My mother's in her 80s looking for the safest way to invest a million dollars from the sale of her home,

...

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