Why the fundamentals of investing are critical right now, a question about an old 401(k), a retirement account dilemma, and more.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 14 October 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

War in the Middle East. Turmoil in Congress. On this week’s Money Matters, Scott and Pat explain why the key for investors right now is calm. Then, they help a Colorado woman who is concerned about the future of the value of the dollar. A caller who just turned 65 wants guidance with his employer-owned retirement account. Finally, an Indiana woman asks where she should invest her old 401(k) dollars. 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?
0:07.8	Whether it's about retirement, investments, taxes, or 401ks.
0:12.0	Scott Hanson and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.
0:17.8	Call now at 83399 Worth.
0:20.5	That's 83399 W-W-O-T-H. Welcome to All-Worth's Money Matters. I'm Scott Hanson.
0:27.5	I'm Pat McLean. Thanks for joining us. Glad you are with us. We talk about financial matters and
0:33.5	talk about things that are going around the globe and the markets and take your calls.
0:40.2	Yes.
0:41.2	Questions about your portfolio, taxes, insurance, how to use the Roth IRA correctly, all those good things.
0:50.4	It's been quite the week on the global front.
0:53.3	We're not going to spend a lot of time talking about the issues of last weekend and
0:57.6	this week, which were horrendous.
0:59.0	But I do want to, Scott.
1:02.2	And so today is, we're taping this on Thursday, the October, the 12th, around 1 o'clock.
1:08.7	We're taping this.
1:10.0	I called Scott um on Monday
1:13.5	midday yeah and said I don't think I will ever be able to understand the stockmark
1:24.9	I thought it was hilarious.
1:35.0	Because we all talk about that the prices are set by people's expectations of the future and they change when new information arrives.
1:38.0	Yes.
1:39.1	What the, those atrocities that occurred on Saturday, which is disgusting.
1:45.4	Yes.
	...

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