The impact of the war in Ukraine, life insurance, and recovering from numerous financial mistakes.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 5 March 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week’s Money Matters, Scott and Pat begin the show by discussing the global economic impact of the war in Ukraine. A caller wants to know if there exists a global catastrophe economic trigger point that would ever motivate Pat or Scott to get out of the market. A caller asks if he has enough insurance to cover his four children in the event of a tragedy. A good saver has made some financial mistakes and wonders if it’s too late to recover.

Transcript

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0:00.0	Would you like an opinion on a financial matter
0:06.0	you're dealing with?
0:22.7	Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would
0:28.8	like to help you by answering your call to join Allworth's Money Matters.
0:33.1	Call now at 83399 Worth.
0:35.9	That's 83399 W-O-R-T-H.
0:40.6	Welcome to Allworth's Money Matters. I'm Scott Hanson. I'm Pat McLean. Thanks for joining us.
0:45.3	Glad you are with us as the first weekend in March. Strange. Strange. Strange. Strange.
0:52.4	Strang. Um, globally. And how the markets are reacting the markets have just
0:59.7	been it's almost like one day it's an event and what's happening in the Ukraine and the next day
1:08.0	none one day the tech stocks are way up and the broad
1:13.6	market's not the next day it's reversed yeah i think it's lack of alternatives i truly believe
1:21.1	it's lack of alternatives which is like if i take my money out of the stock market then where do i
1:25.8	put it well then where do i go i put it and their 0% interest in the bank and much inflation eroded.
1:31.1	Do I go to real estate?
1:33.5	Well, that's pretty topsy-turvy right now with what's happened in the pandemic in terms of, you know.
1:40.1	Well, prices have even continued to go up.
1:44.0	So where is it in real estate?
1:45.5	You go multi-family.
1:47.1	You go to warehouse.
1:49.0	You go to medical.
1:50.7	Everything's way up.
	...

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