Want to create an interactive transcript for this episode?
Podcast: Money Matters by Allworth Financial
Episode: Be skeptical about private placements
Description: On this week’s Allworth’s Money Matters, Scott and Pat discuss the hidden risks in private placement investments.
Scott and Pat speak with a caller looking to diversify by investing (or speculating) in gold. A Vacaville man with $1 million saved asks what a safe withdrawal rate is for him. A Los Angeles caller asks if she should refinance her mortgage. Scott and Pat advise a caller who is considering drawing Social Security based on her incarcerated ex-husband’s work history. A man with $2 million saved asks if he should buy long-term care insurance. Finally, a caller asks i...