The risk of investing in commercial real estate, when Roth conversions don’t make sense, minimizing your tax liability, and where beginning investors struggle.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 8 June 2024

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss the danger that comes with owning commercial property. A 60-year old retiree learns why he should NOT do Roth conversions right now. A California caller wants to know how she can set up her portfolio to minimize the amount she pays Uncle Sam. Finally, Scott and Pat talk with Dave Ahern, co-host of the Investing for Beginners podcast. They examine the challenges younger investors face. 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?
0:12.4	Whether it's about retirement, investments, taxes, or 401ks,
0:16.7	Scott Hanson and Pat McLean would like to help you by answering your call to join Allworth's
0:21.4	Money Matters. Call now at 83399 Worth. That's 83399 W-O-R-T-H.
0:32.2	Welcome to All-Worth's Money Matters. I'm Scott Hanson. And Pat McLean, thanks for joining us.
0:37.0	I'm glad you are taking some time out of your day to listen to us.
0:40.8	We're both financial advisors and enjoy doing our podcast here and a radio program to help you with your finances.
0:50.1	Yes.
0:51.7	And we've talked about this in the past.
0:53.4	We'll take some calls here as we get going, but before we do that, commercial property.
1:00.6	So there's certain assets.
1:02.2	The thing about like publicly traded assets, like stocks and bonds of large companies, things that are publicly traded where there's a ongoing market.
1:13.1	You know the value.
1:14.2	You know the value on a daily basis.
1:17.1	So if a company's something happens in a company, the company is no longer, the future earnings
1:23.4	don't look as bright as they once had.
1:25.6	The value, people know it immediately and the value of that stock drops.
1:29.9	Well, mostly.
1:32.2	Fair.
1:33.5	Because there's meme stocks and stocks like movie paths that are hyped to,
1:38.4	no one really knows the value.
1:40.1	Just people hyping things up.
	...

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