meta_pixel
Tapesearch Logo
Log in
The Clark Howard Podcast

01.21.25 Ask An Advisor With Wes Moss - Why Successful Investors Buy Stocks (Mostly) and Stock Market FOMO

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 21 January 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

According to research, the median happy retiree needs $700,000 to get to retirement. But how do you get there? That’s where stocks come in. In this episode of Ask an Advisor, fee-only fiduciary financial advisor Wes Moss explains why stocks (mostly) are so important to your portfolio and the “dry powder” you need to stay confident in the market. Later in the show, Wes talks about FOMO (fear of missing out) Freddy and why you should ignore him at all costs when looking at your investments. Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the January 21, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments! Learn more about Wes: Wes Moss, CFP® Read Wes’ 5 Keys To Be a Successful Investor  Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Ready to launch your business? Get started with the commerce platform made for entrepreneurs. Shopify

0:05.0

is specially designed to help you start, run and grow your business with easy customizable themes

0:10.8

that let you build your brand, marketing tools that get your products out there. Integrated shipping

0:15.5

solutions that actually save you time, from startups to scaleups, online, in person and on the go. Shopify is made for

0:22.8

entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.

0:29.9

This episode is brought to you by Curry's Business. Whether you run a bustling cafe, a busy office or an inspiring classroom,

0:37.2

Curry's Business

0:37.8

has the tech for your 2025 business plans. Upgrade with their January epic deals with up to 40%

0:44.1

of hundreds of products. From laptops to TVs, connected mobile to coffee machines. Shop at

0:49.8

business.curries.co.uk. Visit your local hub or call their UK-based specialist business center.

0:56.1

Curry's Business, powering your business in 2025.

1:05.0

Welcome back to Ask an Advisor, Team Clark's weekly episode where we go deeper on all things investing. I'm Krista DiBias.

1:12.6

I'm here with Wes Moss, who is a fee-only fiduciary advisor and a great friend of the show,

1:18.5

and now a member of Team Clark. And a burgundy vest. Yes, and your burgundy vest, looking very

1:22.9

sharp as always. All right, so what are you going to talk about today? I wanted to pick up on five keys to

1:28.3

being a successful investor and successful retirement. I went through these more in depth two weeks

1:33.1

ago when I was here on the show, but I wanted to go more in depth than the first one, which is

1:37.6

stocks mostly. And there's a reason that I say stocks first and then mostly second. Remember just the as a quick

1:46.3

outline we want stocks mostly. We want massive diversification and asset allocation. We want patience,

1:52.3

longevity. Investing is easier and harder all at the same time. So we have to figure out how to

1:57.0

avoid headlines or ignore headlines and then planning. So let's go into stocks mostly.

2:04.2

I think back over the past 25 years or so of investing, there's so many major market events

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.