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Money Matters by Allworth Financial

Cryptocurrency and Greater Fools

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 839 Ratings

🗓️ 8 May 2021

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week's Money Matters, Scott and Pat discuss Dogecoin’s mind-boggling rise and why the increased speculation on cryptocurrencies parallels the dot-com boom. Scott and Pat advise a retired caller who wants to know if selling stocks will affect her Medicare premiums. A caller with $930,000 saved for retirement asks if she should do a Roth conversion. A man with a $72,000 mortgage wants to know if he should pay down the balance early. A retired firefighter with $5.2 million in savings asks if he can afford a $1 million Miami condo. Finally, two callers at the start of their careers want to know how they should save for retirement. 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

Would you like an opinion on a financial matter

0:07.0

whether it's about retirement, Would you like an opinion on a financial matter you're dealing with?

0:23.3

Whether it's about retirement, investments, taxes, or 401ks, Scott Hanson and Pat McLean would

0:29.1

like to help you by answering your call to join Allworth's Money Matters.

0:33.3

Call now at 83399 Worth.

0:35.9

That's 83399 W-WR-T-H. Welcome to All Worth's Money Matters. I'm Scott Hanson.

0:43.2

I'm Pat McLean. Thanks for being part of our program as my co-host and myself sit and talk about financial matters.

0:49.4

We're both practicing financial advisors, certified financial planner, charter financial consultant,

0:53.6

and we spend our weekdays helping people plan their financial futures,

0:57.2

and we broadcast our program on the weekends to be your financial advisors on the air.

1:02.3

So whether you have advisors now or you're doing it yourself and finding more information,

1:07.1

we're glad you are part of the program.

1:09.9

And we're broadcasting out of our new studios.

1:12.2

We moved a few miles down, down highway, essentially.

1:17.6

It's interesting.

1:19.2

I'm out of my element.

1:21.9

It's a table.

1:23.0

It's all different.

1:23.8

Yeah.

1:24.6

Yeah.

1:24.9

We were in the last studio.

1:25.7

So if we sound different different it's because we

...

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