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Money Matters by Allworth Financial

Is gold an investment or a commodity?

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 15 August 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss the problems with using gold as a long-term investment. Scott and Pat advise a Sacramento caller concerned about the taxes on an inherited property worth $130,000. A Colorado engineer asks if he should collect Social Security and continue to work. Scott and Pat speak with a caller who wants to invest in a commercial real estate investment trust. A mother asks how she should pass her house deed to her children in an estate plan. Finally, a retired police officer in California asks if she should move to a low-tax state. 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

Answering your tough financial questions for the past 26 years, it's Allworth's Money Matters, with co-hosts Scott Hanson and Pat McLean.

0:18.9

Would you like an opinion on a financial matter you're dealing with?

0:22.3

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

0:28.1

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

0:32.3

Call now at 83399 Worth.

0:35.0

That's 83399 W-O-R-T-H.

0:40.8

Welcome to All-Worth's Money Matters. I'm Scott Hanson. I'm Pat McLean.

0:44.7

I'm glad you were here as we're talking about financial matters, both myself and my co-host.

0:48.7

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

0:53.0

We spend our weeks meeting with people like yourself and come here broadcast on the weekends

0:57.9

to be your financial advisors on the air.

1:00.6

We have virtual meetings.

1:01.5

Virtual meetings.

1:02.4

Which there's still meetings.

1:03.6

I don't even know if we should call it.

1:05.0

You brought up an excellent point, Scott, the other day.

1:07.6

I did?

1:08.2

Yes.

1:08.7

I don't hear that very often.

1:09.5

We were in a meeting and someone had

1:11.0

a virtual meeting by the way. Yeah. And someone had mentioned the term socially distance.

1:17.8

Social distancing. Social distance. And you, what was your response? I said I hate that term.

...

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