June 27, 2020 Money Matters Podcast
- There’s clearly been some winners and some losers. 02:27
- A diversified and disciplined approach. 3:45
- Should I buy a house now? 6:14
- Your best investment is in you. 7:59
- The challenges with the real estate market. 10:36
- How do I handle a 10-year-old phone bill? 13:31
- Pandemic moratoriums and more. 20:15
- Public shaming around the PPP. 27:04
- Should I pay off my mortgage using my 401(k)? 34:48
- Here’s why it’s so hard to be an investor. 36:41
- Investing is only part of, not itself financial planning. 41:00
- How do you protect your clients’ nest eggs? 45:05
On this week’s Money Matters, Scott and Pat discuss the value of a diversified and disciplined approach to investment planning and the potential impact of various pandemic relief programs on the economy.
Scott and Pat advise a college-bound caller about whether to purchase a home or wait. A woman asks about an unexpected phone bill that’s 12 years past due and how to handle a third-party debt collection agency. Scott and Pat discuss the pandemic relief programs and the latest public sentiment around organizations who’ve taken advantage of the Paycheck Protection Program. A caller wonders if it would be wise to pay off his mortgage by using his 401(k). Scott and Pat discuss the misconception of investment planning and answer a caller’s question about protecting clients’ “nest eggs” during down markets by expanding the conversation to the key elements of solid financial planning philosophy.