Why most investors underperform the market, where to put home sale proceeds, and finding a place for 401(k) funds in retirement.

Published: June 17, 2023, 1 p.m.

b"On this week\\u2019s Money Matters, Scott and Pat explain why chasing short-term gains can lead to long-term problems. A Tennessee father asks whether buying his son a first home is a smart idea. A 31-year-old caller from Washington, D.C. wants to know where he should invest $500,000 in proceeds from the sale of his house. Finally, a Texas man who is about to retire asks for advice on where he should park the money sitting in his company\\u2019s 401(k).\\n\\xa0\\nJoin Money Matters:\\xa0 Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking\\xa0here.\\xa0 You can also be on the air by emailing Scott and Pat at\\xa0questions@moneymatters.com.\\nDownload and rate our podcast\\xa0here."