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Money Matters by Allworth Financial

The impact of Brexit, and perspective on negative interest rates

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 16 July 2016

⏱️ 49 minutes

🧾️ Download transcript

Summary

On this week’s Hanson McClain’s Money Matters: Scott and Pat revisit the impact (or lack thereof) that Brexit has had on the economy. Next, they discuss negative interest rates. They then address underfunded state and municipality pensions, and possible repercussions. Then, Scott and Pat talk about low mortgage interest rates. Lastly, they talk about driving for Uber and staying busy with other “gigs” in retirement. Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.  Ask a question at moneymatters.com, or email Scott and Pat at questions@moneymatters.com.

Transcript

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0:00.0

Answering your top financial questions for the past 20 years, it's Hanson McLean's Money Matters.

0:08.8

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

0:12.4

I'm Pat McLean. Thanks for joining us.

0:14.2

Yeah, we have a kind of a special July program today for you in the middle of July, summer

0:20.3

doldrums. Is it the doldrums, summer, summer doldrums.

0:22.3

Is it the doldrums?

0:23.8

Is that the doldrums?

0:24.7

Why are there doldrums in summer?

0:27.0

Most people are having a good time in summer.

0:28.6

Not everybody, obviously.

0:29.8

Life still happens.

0:30.7

But this is a financial program.

0:32.8

I myself and my co-host, we are both financial advisors.

0:35.7

We spend our weekdays helping people like

0:37.5

yourself. We come here on your weekends to be your financial advisors on the air. And we realize

0:43.4

that in the middle of the summer, most people don't spend a lot of time on their financial

0:49.1

planning issues. Or any. Okay, any. Because you typically find time to be around friends and family and maybe you have a

0:57.2

chance to see the kids or the grandkids and um obviously not it's not like we all take a whole

1:02.9

month of july off like the germans do but um yes somehow german germans do pretty well

1:10.7

speaking of let's talk about brexit so yeah we're going to we're going to we're going to But somehow German, Germany managed to do pretty well on that.

1:10.9

Speaking of, let's talk about Brexit.

1:13.0

So, yeah.

...

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