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Money Matters by Allworth Financial

When stock prices grow faster than earnings…

Money Matters by Allworth Financial

Allworth Financial

Investing, Business, Business:investing

4.7839 Ratings

🗓️ 5 December 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week's Money Matters, Scott and Pat discuss end-of-year tax planning considerations in this uncertain political season, along with the reasons why they aren’t celebrating higher stock prices just yet. Scott and Pat advise a California caller about a $36,000 Roth conversion. A father of three moved his family in with his in-laws and asks when he should buy a new home. A caller who is used to saving money asks how to feel comfortable spending in retirement. Finally, Scott and Pat advise a cancer survivor on how to invest $10,000. 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

Answering your tough financial questions for the past 26 years, it's Allworth's Money Matters, with co-hosts Scott Hanson and Pat McLean.

0:18.7

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

0:21.8

Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would like

0:28.1

to help you by answering your call to join Allworth's Money Matters.

0:32.2

Call now at 83399 Worth.

0:34.9

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

0:44.5

McLean. Glad you are joining us today as we're talking about financial matters, investments, retirement, planning, taxes, insurance, all those fun things. Both myself and my co-host are financial advisors.

0:56.1

I've been doing this for three decades, doing this radio program for over 25 years.

1:01.6

A long time. Yeah, and certainly enjoy being here. And our objective is we are financial advisors,

1:08.8

still practicing financial advisors. Our objective is to come

1:12.1

to you with this program, whether you're listening via terrestrial radio or via podcast, and really

1:17.7

be kind of your financial planner on the air. So another place to get some information.

1:24.3

We're practicing advisors, and I think it's a little different than reading industry

1:27.6

peer articles that are written by...

1:29.5

Journalists?

1:31.0

Journalists.

1:31.6

I mean, it's just different, particularly the longer you've been doing this.

1:34.8

Because humans are involved in decision making.

1:38.9

And so, in fact, I read the...

1:41.0

And funny enough, we don't always make perfect decisions.

1:44.1

Oftentimes, they're emotionally always make perfect decisions.

1:46.1

Oftentimes, they're emotionally charged.

...

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