Stock market volatility, advice on buying rental property, and a lesson in cryptocurrency.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 5 February 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week’s Money Matters, Scott and Pat kick off the show by discussing the impact that social media stocks are having on market volatility. A woman about to retire wants to know whether she has enough money to buy a vacation home. A retiree asks whether he should invest $300,000 in a rental property or REITs. A high school teacher wants advice on teaching his students about cryptocurrency. Finally, a father with a disabled daughter wants to know how aggressive he should be with his portfolio.

Transcript

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0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:15.0	Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would like to help you by answering your call
0:22.6	to join Allworth's Money Matters. Call now at 83399 Worth. That's 83399 WR-T-H.
0:33.3	Welcome to Allworth's Money Matters. I'm Scott Hanson. I'm Pat McLean.
0:37.5	I'm glad you are here with us today as we talk about financial matters, both myself and my co-host,
0:42.3	are practicing financial advisors.
0:45.2	We've been doing this for 30 plus years as advisors. So the reason we state that is we're practicing. We meet with real people. It's not
0:57.3	theoretical. It is practical. And it's interesting. I had a, I had a conversation with one of our
1:05.7	advisors who she got in the business right after the Great Recession, right?
1:12.7	So maybe the last decade, a little more than 10 years.
1:15.6	But she hasn't lived through a prolonged bare market.
1:19.8	Yes.
1:20.0	She's 40-ish or so.
1:21.5	So her view of the world.
1:22.7	She knows that, right?
1:24.7	Which is good.
1:25.4	Yeah, which is one of the reasons we were having a conversation.
1:27.4	And I said there's nothing like living through those experiences. Right? Which is good. Yeah. So, which is one of the reasons we were having a conversation.
1:35.4	And I said, there's nothing like living through those experiences to grow and to learn.
1:40.4	There's nothing like personal experience for an education as opposed to reading a textbook.
1:40.8	Yes.
1:43.9	Well, this is a, I read the Wall Street Journal. I would say almost every day. I do as well. Yes. Well, this is a, you know, I read the Wall Street Journal.
	...

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