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Money Matters by Allworth Financial

Stock picking and coin flipping

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 22 May 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

On this week's Money Matters, Scott and Pat discuss the key reasons why popular investment fund managers have trouble repeating stellar returns. Scott and Pat advise an attorney in California with $430,000 in retirement savings about how he should invest for the long-term future. A caller who is retiring at the end of the month asks how he should handle a trust. Finally, a caller with a family income of $210,000 and $300,000 in savings asks if she can afford to retire at age 56. 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

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

0:21.4

Whether it's about retirement, investments, taxes, or 401Ks,

0:25.7

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

0:29.1

to join Allworth's Money Matters.

0:31.4

Call now at 83399 Worth.

0:34.1

That's 83399 W-O-R-T-H. Welcome to Allworth's Money Matters, Scott Hanson. Pat McLean.

0:43.5

Glad you are joining us, both myself and my co-host. We are both financial advisors,

0:48.4

certified financial planner, chartered financial consultant. We spend our weekdays helping people

0:52.6

like yourself. We broadcast on the weekends

0:54.5

to be your financial advisors on the air. So this program is about financial matters.

1:00.2

Our hope and goal is that each time you listen, you learn something. And hopefully it's

1:06.5

somewhat entertaining. But hope, our, we've been doing this a long time, 26 years broadcasting

1:12.3

in large part, it's, obviously it's good promotion for us as an organization, but we try

1:19.6

not to make it about us. It's really about helping you make good choices with your finances.

1:24.9

And by us as an organization, we're practicing financial advisors.

1:28.2

So we don't try to hide that or disguise that.

1:31.8

But unlike many of the financial talk shows, you'll hear on the radio,

1:36.2

when you're not here to pitch index annuities or life insurance as investment.

1:42.8

Nor are we to say that this whole way of doing things is wrong.

1:47.0

Yeah.

1:49.3

Actually, a lot of the financial planning shows that are on radio and podcasts that sell a lot of fear.

1:57.9

You know that at the end of the day, they're selling index.

...

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