Could Tesla become a Blockbuster?

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 839 Ratings

🗓️ 27 March 2021

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's Money Matters, Scott and Pat discuss the long-term problems with “momentum investing,” and why Blockbuster is a good illustration of the potential downfall of today’s hot stocks. Scott and Pat advise a caller, who owes $550,000 on his mortgages, about whether he should convert his primary residence into a rental. A caller with $760,000 in his 401(k) asks if he can create a $100,000 fund for home renovations and vacations. Scott and Pat speak with a hospital employee, with a family income of $240,000, who wants to save on future tax bills. A man asks if his wife should take Social Security at age 62. Finally, a Minnesota caller asks if a gold-backed debit card could help protect his savings. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

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0:00.0	The Would you like an opinion on a financial matter you're dealing with?
0:35.6	Whether it's about retirement,
0:37.9	investments, taxes, or 401ks. Scott Hansen and Pat McLean would like to help you by answering your
0:43.8	call to join Allworth's Money Matters. Call now at 83399 Worth. That's 83399 W-O-R-T-H.
0:53.6	Welcome to All-Wworth's Money Matters.
0:55.6	I'm Scott Hanson.
0:56.5	I'm Pat McLean.
0:57.5	Glad you are joining us.
0:58.6	As we talk about financial matters, both myself and the co-host here, we're both
1:02.9	financial advisors, certified financial planner, charter financial consultant.
1:06.9	Just means that we kind of know what we're doing here.
1:10.1	We think. I hope we know it. Well, yes, we think of know what we're doing here. We think.
1:12.0	I hope we know it.
1:12.9	Well, yes, we think we know what we're doing,
1:14.5	and we think we can provide valuable information to you.
1:17.5	So we beat with people like yourself during the week
1:19.6	and come broadcast on the weekends to be your financial advisors on the air.
1:24.8	And we are glad to be doing this program.
1:28.3	And we like taking your calls.
1:29.9	That's just the reality of it.
1:32.7	We tried years ago without calls.
1:35.3	Yeah.
	...

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