Gold versus inflation

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 25 September 2021

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat break down the myth linking gold prices with high inflation. Scott and Pat advise a caller from New Zealand about transferring $34,000 from her home country to a bank in the United States. A father asks how he can help his son invest the $40,000 he’s carefully saved. A Colorado man asks how to invest $475,000 before his new home is completed next year. Finally, a caller who saved physical gold bullion asks how much he should keep as he diversifies into other investments. Ask a question by clicking here, or email Scott and Pat at [email protected]. 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?
0:33.6	Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would like to help you by answering your call to join Allworth's Money Matters. Call now at 83399 Worth. That's 83399 W-O-R-T-H. Welcome to All-Worth's Money Matters. Scott Hanson here. Pat McLean.
0:54.8	Thanks for being part of our program.
0:57.0	Glad you're here with us today as we talk about financial matters.
1:00.2	Our objective is helping people make wise choices with their dollars, with their savings.
1:05.7	By the way, most wealth, not inherited.
1:09.6	Yes.
1:12.5	It's not from winning the lottery.
1:15.1	Yes.
1:16.0	It's from hard work and diligent savings.
1:19.4	Over periods of time and consistency.
1:22.2	That's where wealth is most wealth.
1:24.9	Last night, as I'm driving my 11-year-old daughter to her volleyball practice
1:28.9	and another little friend in the back, Kendall says, hey, Scott, guess what?
1:34.8	Kids like to start with guess what.
1:37.6	Did she call you Scott or Mr. Hansen?
1:39.9	She called me, Scott.
1:40.8	Okay.
1:41.6	Did you correct?
1:42.4	No, like whatever.
1:43.4	I don't like, I really don't care. Okay. As long as you're respectful to me, Scott. Okay. Did you correct? No, like whatever. I don't like, I really don't care.
1:45.0	Okay.
	...

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