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Allworth Financial‘s Money Matters

A stock market milestone, meme stock mania, navigating the financial impact of a divorce, and the advice Scott and Pat gave that wound up in Italy.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9782 Ratings

🗓️ 18 May 2024

⏱️ 52 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat explain why sitting on the sidelines instead of in the stock market can be so detrimental to your retirement, especially now. They also discuss the return of meme-stock mania. An Ohio woman who is less than ten years from retirement asks where to park $50,000. A Michigan retiree who just got divorced needs help steering his financial ship. Finally, Scott and Pat revisit a caller who would rather live in Italy than use his father’s help to buy a home.   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]. Download and rate our podcast here.

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:06.0

Whether it's about retirement, investments, taxes, or 401ks.

0:10.0

Scott Hanson and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.

0:16.0

Call now at 83399 Worth.

0:18.0

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

0:25.5

Pat McLean, thanks for joining us. Yeah, glad you are here. We're both financial advisors,

0:29.4

certified financial planner, chartered financial consultant. We've been doing this program,

0:35.3

our financial advisors during the week, but then we broadcast this program on the weekends.

0:39.6

Yes.

0:40.4

By the way, if you're listening to the radio, fine, but everything's moving to podcast.

0:47.4

Like, we have way more podcast listeners than we have Trestjo Radio.

0:51.4

Yes.

0:51.7

And you'll notice the format of our show has already kind of morphed away from radio,

0:57.1

designed more for podcasts.

0:59.0

Cars today, some new cars don't have AM radios.

1:05.2

It's not that hard to listen to something portably.

1:08.5

Oh, yeah.

1:09.0

So what you're suggesting, if you listen to AM AM radio, I'm waiting for it every week.

1:13.1

Go ahead and subscribe.

1:13.8

I ran into someone at the supermarket this week.

1:15.6

That's what got me thinking about it.

1:17.1

Hey, I love your show.

...

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