02.23.21 A new way to invest that doesn’t involve buying stocks hyped on Reddit. Also, a new charge is appearing on bills of all kinds. What to watch for.
The Clark Howard Podcast
Clark Howard
4.6 • 5.2K Ratings
🗓️ 23 February 2021
⏱️ 25 minutes
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| 0:00.0 | I'm so glad you're with us on the Clark Howard Show. |
| 0:09.3 | Our mission to serve and empower you so you make better financial decisions in your |
| 0:14.7 | life. |
| 0:15.7 | In today's episode, I'm excited to talk about a new way for you to invest and it doesn't |
| 0:22.1 | involve buying stocks from some Reddit board. |
| 0:26.7 | Also, there's a new charge appearing on bills all over the place. |
| 0:30.8 | I'll tell you what to look out for. |
| 0:34.4 | So lately, all the buzz has been about, well, Bitcoin and other cryptocurrencies. |
| 0:42.1 | Bitcoin recently topped $50,000 of Bitcoin and people who've been buying the stocks that |
| 0:51.2 | are being touted on Reddit and there was all that mess that went on with GameStop and |
| 0:57.9 | other stocks that went up like rockets and then like rockets can do crash back down to |
| 1:03.5 | Earth. |
| 1:05.1 | And my son is in this investing group at school. |
| 1:10.4 | He's 15 and they're investing not real money, but they all have their stock portfolios. |
| 1:18.9 | And I want to read you two texts from him from this morning. |
| 1:25.8 | They're really funny. |
| 1:27.7 | He said, in the last 19 minutes, my stock portfolio is dropped by $660. |
| 1:35.5 | Then he texts me eight minutes later and he said, then it went up by $800. |
| 1:43.2 | I, the other night when he was trapped in the car with me, I started boring him trying |
| 1:51.3 | to talk about how my philosophies and investing work very differently than that, worrying about |
| 1:58.5 | day trading and options and all that and what's going to happen up to the minute. |
| 2:03.7 | And if you thought a father could be more irrelevant to his son than I was at that minute, |
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