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Money Matters by Allworth Financial

Money Matters Radio Show – September 27, 2014

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 23 February 2015

⏱️ 51 minutes

🧾️ Download transcript

Summary

This week’s topic includes:  are firms bad; building a portfolio; how to present the stock market; index funds; actively managed funds, and PIMCO; stock market bubble; total market index.Scott Hanson and Pat McClain have been hosting the Money Matters Radio Show for 20 years, helping answer questions on a variety of financial topics. Ask a question via Twitter, #MoneyMattersShow, or email to questions@moneymatters.com.

Transcript

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0:00.0

The following program is presented by Hanson McLean.

0:03.6

It's time for Hanson-McLean Advisors, Money Matters, hosted by Scott Hanson and Pat McLean,

0:09.5

credentialed financial advisors serving you since 1993.

0:14.9

Welcome to Hanson McLean's Money Matters. I'm Scott Hanson.

0:18.2

I'm Pat McLean. Thanks for joining us this weekend.

0:20.6

That's right. Glad to have you with us last weekend of September. And with myself and my co-host,

0:26.2

we have with financial advisors. We spend our weekdays meeting with people like yourself.

0:30.4

Come here on the weekends to be your financial advisors on the air. And glad to be here today and talk

0:36.0

about financial matters. Brief briefly talk about what's

0:40.1

happening in the current state of the markets and the economy and of course a little bit of

0:43.5

volatility do you think it's back and you know it's funny i mean it's all over the board you look at

0:51.4

it one day the markets up 190 up 190, the next day it's down, 130. This

0:57.5

volatility in the marketplace. No one minds the volatility in the upside. We, everyone likes that.

1:04.4

Actually, I do. Oh, well, because you think long term, it doesn't, you know, you don't like

1:09.1

seeing prices go up without earnings going up.

1:15.9

What it tells you is emotions drive in the market.

1:18.2

The fundamentals have left the room.

1:19.6

Well, there's a bit of that.

1:29.2

But with the Dow at 17,000 roughly, it takes 170 points swing to have a one percentage point. But one percent is huge. It's a massive number. One percent is a massive, massive number on a daily basis.

1:37.5

One percent is a massive number. Well, considering the size of the market, yes, but it's not

1:42.3

atypical or abnormal. It's just that we've gone so long with such...

1:47.0

Without a pullback. Without a pullback.

...

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