Tariffs and Your Portfolio, Unwinding Concentrated Stock, and Knowing When You Can Retire

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 5 April 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat address concerns about the impact of tariffs on the stock market and offer advice on staying calm. Then, Allworth advisor Mark Shone joins the show to discuss strategies for investors with too much money concentrated in one or a few stocks. Finally, a Georgia sheriff finds out whether he’ll have enough money to hang up his badge and retire at 58. 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

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0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:03.5	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.
0:13.4	Call now at 83399 Worth. That's 83399 W-O-R-T-H.
0:20.6	Welcome to All-Worth's Money Matters, Scott Hanson.
0:23.4	Pat McLean.
0:24.7	We are here talking about financial matters,
0:27.9	and obviously we can do the program
0:30.0	without making some mention of this week.
0:33.9	What did Trump call the tariff?
0:36.3	It wasn't Freedom Day or something.
0:39.9	Liberation Day was what it was.
0:42.4	Whatever.
0:44.0	And had this whole list of tariffs, which was, incidentally, they planned the press conference post-market.
0:50.1	I saw that, yes.
0:51.0	So it was after the markets closed on Wednesday.
0:54.9	And then, of course, Thursday markets go through a nosedive.
0:59.6	And so we thought we'd spend a little bit of the first part of the program talking about this.
1:04.5	And here it's an – and by the way, people are going to hear what they want to hear.
1:12.4	So if we say something positive, they're going to say these guys are all right-wing, MAGA, Trump.
1:21.1	If we say something negative...
1:23.6	We're anti-Maga.
1:25.0	Or anti-Darrangement syndrome.
	...

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