When investing in cash is the wrong move, plus questions about investment strategy, long-term care insurance, and Roth conversions.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 3 June 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss why companies choose to take on controversial issues. Then, a man looking to retire next year asks what a safe investment strategy would be. A caller from Hawaii wants to know whether her portfolio can weather a recession. Plus, Scott and Pat explain when investing in cash is the wrong choice. Finally, they tackle questions about long-term care insurance and Roth conversions. 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?
0:13.4	Whether it's about retirement, investments, taxes, or 401ks, Scott Hanson and Pat McLean would like to help you by answering your call to join Allworth's
0:22.4	Money Matters. Call now at 83399 Worth. That's 83399 WR-T-H. Welcome to All-Worth's Money Matters, Scott
0:33.4	Hanson and Pat McLean. Glad you are with us today. We're talking about financial matters as typical.
0:39.3	We'll try to stay within the financial realm and not get too far.
0:44.2	Political.
0:47.4	It's a bizarre time right now when you look at some of these.
0:51.0	We're not going to get down that path, but some of these big companies and sports teams in these, in these cultural issues and their customer base are revolting
1:01.2	and you're seeing on both sides. Yeah. It's, um, yes, I guess it's, you wonder why companies
1:08.6	step in the middle of these issues?
1:12.7	I don't know.
1:16.0	Did they feel like they're being forced?
1:18.0	I don't know.
1:19.7	I mean, it would be, if you're sitting around a boardroom, you've got your leadership team there,
1:26.5	and you're trying to make decisions that are beneficiaries
1:29.6	the beneficiaries are the stockholders well that is your first it should be your your first priority
1:35.5	in college they used to tell us it was stakeholders well they still have this now it's a big stakeholder
1:39.6	thing and capital's bad and all those other things yeah yeah stakeholders i'm assuming if you're
1:44.0	listening to this podcast,
1:45.1	you're not falling into the camp that capitalism is bad.
1:47.9	We need to destroy it and rebuild it with something fresh.
1:50.7	Mike, that's just at least 98% of the listeners.
	...

Transcript will be available on the free plan in -634 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Allworth Financial, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Allworth Financial and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.