There's gift I've ever received has to be a bike when I was younger, a pedal bike.

It was a sort of slick little road bike and I remember it was all like it was so it was all wrapped up

but it was so obvious what it was obviously because nothing shaped like a bike and I had a little ribbon on it

and I was so excited. For that was a life changer and I'm still sort of big on cycling around my area now

so for that one change me a little.

Joy in every sip with red cups now back at Starbucks.

It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve you and empower you

so you make better financial decisions in your life.

In this episode I want to warn you about a sneaky sneaky trick

going on now in the investment advisory business.

You gotta know what's going on that could really hurt your long term future.

And later often talk about some of the big cell phone companies but there are a ton of smaller players in the field

and there are a lot of them that are doing a great job serving you and saving you money.

So your money okay.

One of the things that is ultra confusing to people and I know this when people stop me to ask me questions

about their IRAs or anything like that and they'll tell me they've got this person they go to

and I'll say what do you know whether the person you're going to is what's known as a fiduciary

and asking the question I know the answer that very seldom does anybody even know that word or what it means.

It means they're legally required to do what's in your best interests.

So when they say they don't know I'll then ask a number of other questions.

Like how do you pay this person and the real tip off is when they say why don't pay them anything.

You're paying them a lot because you're paying massive commissions and fees to the person who supposedly is guiding you

...