Allworth Financial’s Money Matters

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There is no silver bullet investment.

On this week's Money Matters, Scott and Pat discuss an alleged $1.8 billion Ponzi-like scheme and how unsuspecting investors lost their retirement savings.

 

Scott and Pat advise a South Carolina caller who asks if he should make a 20% down payment on a house when interest rates are low. A caller asks if he should pay for a bathroom remodel by selling stocks or using a HELOC.  Scott and Pat speak with a caller concerned about the future of bonds. Finally, A former trader, who initially had $800,000 invested in Apple, asks if long-dated call options will help protect his investment.

 

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

 

Download and rate our podcast here.

The SPAC Boom

On this week's Money Matters, Scott and Pat explain the surge of Special Purpose Acquisition Companies and how it could transfer even more wealth from the middle class to Wall Street.

Scott and Pat advise a Colorado woman with 75% of her retirement savings in equities, who asks if her investments are too aggressive. A military veteran asks if she should purchase four years of service credit for $45,000. Scott and Pat speak with a caller who asks if he should pay down his mortgage balance of $50,000 early. Finally, a caller asks about the tax implications of owning qualified small business stock and restricted stock units.

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

Download and rate our podcast here.

The costs of free stock trading

On this week's Money Matters, Scott and Pat discuss the free stock trading boom and who will ultimately get hurt.

Scott and Pat speak with a father who wants to help his son by renting a house that his child purchases. A caller asks how he and his fiancé can lower capital gains taxes on two home sales. Finally, a man with a vacation home worth $550,000 asks if he should pay down the mortgage with cash from his IRA.

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

Download and rate our podcast here.

The right and wrong ways to refinance

On this week's Money Matters, Scott and Pat discuss the scenarios where refinancing a mortgage could hurt your retirement.

Scott and Pat advise a California public employee about when he should take his $735,000 pension. A caller asks if she should cancel her $650 annual premium term life insurance policy. A man asks if the government will eventually tax Roth distributions. A daughter asks how her 86-year-old mother should handle a $647,000 inheritance. Finally, Scott and Pat speak with a husband who wants to know when his wife should take Social Security.

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

Download and rate our podcast here.

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