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Money Matters by Allworth Financial

December 19, 2015

Money Matters by Allworth Financial

Allworth Financial

Investing, Business, Business:investing

4.7839 Ratings

🗓️ 19 December 2015

⏱️ 49 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters: The episode begins with a discussion about larger brokerage firms and how their advisors are compensated. Then Pat and Scott take a call about preparing for retirement in the next 5 years, and how it’s changed, followed by a question asking if a person should take a 401k loan to pay off their credit card debt. Lastly, a call asking if income from a rental property needs to be claimed on a tax return.    Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for 20 years, and have answered questions from thousands of callers on a variety of financial topics.    Ask a question at moneymatters.com, or email Scott and Pat at questions@moneymatters.com.

Transcript

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0:00.0

The following program is brought to you by Hanson-McLean Advisors, and the views express may not

0:04.5

necessarily reflect the views of this station.

0:08.0

And now, nationally recognized financial experts, Scott Hanson and Pat McLean of Hanson-McLean

0:14.9

of Hanson-McLean Advisors. It's Money Matters. Welcome to Hanson's Money Matters. I'm Scott Hanson.

0:21.3

Pat McLean. Thanks for joining us.

0:23.3

Glad you are here with us on this weekend prior to Christmas. Last weekend, not many shopping

0:28.7

days left. Both myself and my co-host, we're both financial advisors.

0:33.4

Better financial advisors than shoppers.

0:35.8

Oh, I assure you that.

0:38.0

Had the discussion today with the wife, my wife, my wife.

0:41.7

We won't go there.

0:43.2

My beautiful wife.

0:44.5

We will not go there.

0:45.6

About the gift pool that we participate in her side of the family and that I need to buy gifts for her family members.

0:55.1

How many gifts do you have to buy for her family members?

0:58.8

One.

0:59.4

How hard is that?

1:01.4

Just be glad you're not to buy for a mall.

1:03.7

Is this really what you're complaining about that you have to buy one gift for her entire family?

1:09.3

That sounds fantastic.

1:11.1

I think you might be right. Think about fantastic. I think you might be right.

1:12.5

Think about it.

...

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