June 17, 2023 Money Matters Podcast
- Why most investors underperform the market 00:05
- Should I buy my son his first home? 8:03
- Where should I invest $500k I made from selling my home? 20:00
- I’m retiring. Where should I put my 401(k) money? 31:39
Why most investors underperform the market, where to put home sale proceeds, and finding a place for 401(k) funds in retirement.
On this week’s Money Matters, Scott and Pat explain why chasing short-term gains can lead to long-term problems. A Tennessee father asks whether buying his son a first home is a smart idea. A 31-year-old caller from Washington, D.C. wants to know where he should invest $500,000 in proceeds from the sale of his house. Finally, a Texas man who is about to retire asks for advice on where he should park the money sitting in his company’s 401(k).
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@example.com.