You cannot time the market
Money Matters by Allworth Financial
Allworth Financial
4.7 • 839 Ratings
🗓️ 9 January 2021
⏱️ 53 minutes
🔗️ Recording | iTunes | RSS
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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. |
| 0:18.3 | Would you like an opinion on a financial matter you're dealing with? |
| 0:21.6 | Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would like to help you by answering your call. |
| 0:29.6 | To join Allworth's Money Matters, call now at 83399 Worth. |
| 0:34.6 | That's 83399 W-O-R-T-H. |
| 0:41.4 | Welcome to All Worth's Money Matters. I'm Scott Hanson. I'm Pat McLean. |
| 0:45.6 | Glad you were with us. Our first, well, it's not the first of the year, but we did a best of the first Saturday of January, 2021, and this is not a best of |
| 0:56.0 | and we're glad to be with you. Because it, both myself and my co-host here were both financial |
| 1:00.4 | advisors. We've been financial advisors for 30 years. And this has got to be it. Pat, the financial |
| 1:07.8 | markets have the most perplexing time that I have ever experienced. |
| 1:12.6 | Scott, I will never again ever say I've seen everything because what I saw this week, |
| 1:21.1 | um, I couldn't, I just couldn't understand it. I just I, so you're watching what's happening on Wednesday, |
| 1:29.3 | right? Yeah. Storming to the Capitol. And then I'm going back and forth watching that, |
| 1:34.8 | you know, during the workday, and then watching the markets to see how they're reacting. |
| 1:39.1 | And it's like nothing. It was like, it was. And then, and then later on that day, you know, and finally the House confirms and the senators from Georgia. |
| 1:53.9 | And you would think, right, because there was all this talk about a Democratic administration, |
| 2:00.2 | Democrat controlled Congress and presidency and how it's bad for the stock market. |
| 2:05.7 | And the next day, Thursday, |
| 2:09.2 | everything's fine. |
| 2:12.3 | Well, Pat, I think, my statement, this is your statement, the most perplexing time. |
| 2:17.1 | You would have stated that before this |
| 2:19.2 | week because if you look at what has what transpired last year 2020 particularly the fourth quarter |
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