On this week’s Money Matters, Scott and Pat discuss the reasons why this economic climate proves the need for a disciplined investment strategy. They also talk about an SEC rule that could open the door for a new type of scam.
Scott and Pat advise a caller who sold $100,000 of technology stocks during the stock market dip and repurchased the shares a few days later. A single mother asks if she should use her home equity to pay for her children’s education. A caller, with $1.6 million saved, is concerned that Social Security will not be around for his retirement. Finally, Scott and Pat speak with a man who asks what he should look for in a financial advisor.
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