Day traders, options, and a soaring stock market

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Allworth Financial's Money Matters

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  On this week’s Money Matters, Scott and Pat discuss how options and online traders are boosting stock prices, and how that trend may end.   Scott and Pat advise a mother looking for more ways to save for her children’s future, while one son makes $30,000 a year selling Goldendoodle puppies. A caller asks if his mother should take her spousal benefit from Social Security while she is still working. A man holding international bonds yielding 5% per year asks if he should sell his investment. A caller who saved $1 million in a 403(b) asks if he should buy a rental property. Scott and Pat speak with a caller in Northern California looking for investments that provide safe retirement income. A caller asks if he should sell a universal life insurance policy he purchased in 1987. Finally, a caller asks if an annuity will help create the $7,000 he needs in monthly retirement income.   Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.   Download and rate our podcast here.