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Money Matters by Allworth Financial

Special Edition: Reacting to the Coronavirus as an Investor

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 17 March 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

On this special edition of the Allworth Money Matters podcast, we cover the Coronavirus and current stock market turbulence. Scott and Pat discuss what you need to be focusing on right now as an investor. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:10.9

Would you like an opinion on a financial matter you're dealing with? Whether it's about retirement, investments, taxes, or 401ks.

0:18.5

Scott Hansen and Pat McLean would like to help you by answering your call to join

0:22.7

Allworth's Money Matters. Call now at 83399 Worth. That's 83399 W-O-R-T-H.

0:32.2

Welcome to All-Worth's Money Matters special edition. I'm Scott Hanson. I'm Pat McLean. Today right now we're

0:39.0

recording this on Tuesday, Mark 17th. And we started this recording at approximately 1235.

0:47.3

Yeah, just to kind of give you, because the world is changing by the moment. Pacific time,

0:52.9

1235 Pacific time. Thank you.

0:56.6

So it is... And the reason for this, what we're attempting to accomplish here is a couple things.

0:59.9

One is to give you just a little snipping into what our lives have been like the last few days in our industry and leading our firm.

1:09.2

We'll talk a bit about that.

1:10.7

But we also want to

1:11.4

get into what should you be doing right now as an investor? And I know many of the podcast

1:17.9

listeners are clients of our organization. Many of our podcast listeners are not. But for many people,

1:24.3

it's to really do nothing and to stay calm. but for some, it is about doing some things.

1:28.5

And we'll talk through that as well.

1:30.4

We just want to share what we're thinking through this.

1:33.2

Exactly.

1:34.1

Scott and I have worked together for almost 30 years.

1:38.0

I still remember, you know, being in the office in 9-11, the how we worked with our clients in, the tech boom,

1:48.5

the great recession. They're all a little different in terms of how I personally feel emotionally.

1:58.2

Maybe it has to do with maturity and you know this two shall pass.

...

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