Wall Street whiplash, concerns about bonds, and how a few extra years of work can really pay off

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 7 May 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss Wall Street whiplash and what it means for long term investors. Then they provide advice for a woman concerned about her bond allocation. You’ll hear guidance for a woman who wants to know whether it’s time for her husband to retire. Finally, how just a few extra years of work can really pay off. Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at [email protected].

Transcript

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0:00.0	Would you like an opinion on a financial matter
0:05.0	you're dealing with?
0:22.2	Whether it's about retirement, investments, taxes, or 401Ks, Scott Hansen and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.
0:32.5	Call now at 83399 Worth. That's 8-99 W-O-R-T-H.
0:40.5	Welcome to All-Worth Money Matters, Scott Hanson.
0:43.1	Pat McLean, thanks for joining us.
0:44.8	That's right, both myself and my co-hosts. We're both financial advisors.
0:48.1	This is a financial program. We're going to talk.
0:50.6	We'll spend a little time actually on the current economic what's going on on the markets and that sort of thing and take calls and help people with their financial questions or dilemmas or opportunities or what have you.
1:04.4	And it's like volatility has returned to the markets.
1:10.1	Holy.
1:11.0	I mean, this last week, I mean, markets are up, almost a thousand points, down over a thousand points.
1:16.3	Next day.
1:17.2	Markets go up, you read the headlines.
1:19.4	Oh, the reason the market's up were the business and investors seem excited about the increase in the short-term interest rates.
1:26.2	Next day, the market goes down.
1:27.6	The headlines are they digested it and decided. The investors digested it and decided.
1:35.2	But I think what's really interesting is some of these individual companies how far their share price is falling.
1:41.9	Like Peloton is down almost 90%.
1:44.3	Yes.
1:45.0	The darlings of just a couple years ago.
1:47.3	Some of these tech stocks have just got spanked.
	...

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