Making sense of today’s stock market
Money Matters by Allworth Financial
Allworth Financial
4.7 • 839 Ratings
🗓️ 22 August 2020
⏱️ 53 minutes
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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. |
| 0:18.3 | Would you like an opinion on a financial matter you're dealing with? |
| 0:21.6 | Whether it's about retirement, investments, taxes, or 401ks, Scott Hanson and Pat McLean would like to help you by answering your call. |
| 0:29.5 | 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. I'm Scott Hanson. I'm Pat McLean. Glad you are here with us this weekend. We've got a great program lined up. Of course, both myself and my co-host here. We're financial advisors. Practicing advisors. We've been at this for a long time and come here on the weekends |
| 0:56.9 | to be your financial advisors on the air and help you make wise choices with your finances. |
| 1:01.9 | And we did a, we embarked on a study a few years ago on really part of it was what's it |
| 1:09.7 | take to have a happy retirement. |
| 1:13.9 | Yeah, we call it the future framework. |
| 1:15.8 | Yeah, but in part of this, when we did this, we, in doing some of our research, |
| 1:22.7 | we found that that confidence, one's confidence with their finances is not so much correlated to the amount |
| 1:29.9 | of money they have, but whether or not they have a plan in place. That they're confident with |
| 1:37.2 | the money they have. Yeah. So a spending plan, a financial plan, an investment plan, those that have |
| 1:43.0 | the right kind of plan in place |
| 1:44.8 | have confidence with their finances. So part of our objective in reason we've been doing this |
| 1:51.3 | program for years to help our listeners have confidence with their finances. And it is a |
| 1:57.2 | bizarre time right now. It is a strange, strange, strange world. |
| 2:05.4 | Because the economy is most certainly down. |
| 2:14.0 | But the stock market is hit. If someone would have said what's here's what's going to |
| 2:22.1 | happen to the stock market do you think the market would hit new high you know but scott so i |
| 2:26.8 | i think a lot about this in fact i had this conversation with my neighbor who actually owns |
| 2:34.0 | a software company that |
| 2:35.5 | services small businesses. And 35% of the businesses that they served last year are either closed |
... |
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