Allworth Financial’s Money Matters

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The bond market’s message

On this week’s Money Matters, Scott and Pat discuss the strange behavior of many stocks, and why the bond market is acting differently.

Scott and Pat advise a man with $6.75 million saved looking to leave money to his children in a tax-efficient way. A postal worker asks if she will lose her $1,500 monthly pension. A Cincinnati caller is dissatisfied with his current 401(k) and wants to move his account to a new provider. Scott and Pat speak with a man who asks how the CARES Act affects his yearly $5,000 charitable contribution. A caller asks how he can diversify the $1.3 million in his deferred compensation plan.

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Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

Markets Are Resilient But, How Will Unemployment Impact Businesses?

On this week’s Money Matters, Scott and Pat take several calls and discuss the resiliency of the markets, but the impact of the high unemployment rate on businesses reopening.

Scott and Pat advise a long-time listener who will be turning 65 and wants to know how he should allocate his investments. A great saver asks how to move his investments back over to the retirement side to avoid tax consequences. A caller has decided to go back to work for a short time instead of retiring fully and wants to know if he should save money to a Roth 401K. Lastly, a teacher asks about the best pension option for his future retirement.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

25 years and 1 million downloads later, retirement has changed

On this week’s Money Matters, Scott and Pat look back at some of their favorite calls and the early days of the radio show.

Scott and Pat advise a Colorado caller who inherited 25 ounces of gold from his father. A man in Northern California wants to withdraw money from his 401(k) to pay down his $200,0000 mortgage. A Carmichael caller asks how the CARES Act affects his Required Minimum Distribution. Finally, Scott and Pat speak with a woman in Colorado looking to invest the money in her bank CDs.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

What is your investment strategy?

On this week’s Money Matters, Scott and Pat discuss the reasons why this economic climate proves the need for a disciplined investment strategy. They also talk about an SEC rule that could open the door for a new type of scam.

Scott and Pat advise a caller who sold $100,000 of technology stocks during the stock market dip and repurchased the shares a few days later. A single mother asks if she should use her home equity to pay for her children’s education. A caller, with $1.6 million saved, is concerned that Social Security will not be around for his retirement. Finally, Scott and Pat speak with a man who asks what he should look for in a financial advisor.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

Personal guarantees and debt can wreck your finances

On this week’s Money Matters, Scott and Pat discuss the current disconnect between the stock market and the broader economy.

 

Scott and Pat advise a recent college graduate looking to invest $45,000. A part-time worker nearing retirement asks how he should pay down his credit card debt. A caller who recently switched jobs asks what he should do with his 401(k). Finally, a man with $350,000 in savings and a pension asks if he should take Social Security early.

 

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

 

Download and rate our podcast here.

Public pensions are in more trouble

On this week’s Money Matters, Scott and Pat discuss the economic implications of negative oil prices, the second stimulus package, and potential state bankruptcies.

Scott and Pat advise a retired man looking to replace the $25,000 he took out as a Required Minimum Distribution at the beginning of the year. A mother of three asks how she can save for her three children. Finally, a California caller asks if she should invest in oil.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

A recession is like a forest fire

On this week’s Money Matters, Scott and Pat interview Andy Stout, Chief Investment Officer of Allworth Financial. They discuss unemployment, the stock and bond market, and potential silver linings in this crisis.

Scott and Pat advise Cincinnati woman who asks how the CARES Act affects her Required Minimum Distribution. A caller, who is invested 45% in stocks and 55% in bonds, asks if his investments are allocated correctly for his needs and goals. 

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

Today’s fear affects your long-term goals

On this week’s Money Matters, Scott and Pat help you navigate the emotional roller coaster of today’s markets and avoid the potential mistakes that could wreck your retirement plans. 

Scott and Pat advise a risk-averse caller, who reduced his stock and bond exposure, and wondering if his investments are allocated correctly. A 45-year-old caller, with $800,000 saved, cashed out his 401(k) in February and asks how he should get back in the market. Finally, a man who owes $260,000 on his mortgage asks if he should refinance his loan.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.

Taking control of your finances and staying sane

On this week’s Money Matters, Scott and Pat discuss some ways that you can take control of your finances and look for opportunities in this challenging market.

The CARES Act and its impact on you.

On this week’s Money Matters, Scott and Pat take a long-term perspective on the $2.2 trillion CARES Act. They discuss its potential impact on unemployment, your retirement, and more. 

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Download and rate our podcast here.