Day traders, options, and a soaring stock market

Published: Sept. 26, 2020, 1 p.m.

On this week\u2019s Money Matters, Scott and Pat discuss how options and online traders are boosting stock prices, and how that trend may end.\n\xa0\nScott and Pat advise a mother looking for more ways to save for her children\u2019s 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.\n\xa0\nAsk a question by clicking\xa0here, or email Scott and Pat at\xa0questions@moneymatters.com.\n\xa0\nDownload and rate our podcast\xa0here.