05.26.21 Deadline for saving on streaming / Gangster Gambler Future Money - The upshot of cryptocurrency.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 26 May 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Deadline to Savings: June 8 - The video streaming world is in huge transition. Mergers signal industry consolidation. Philo - still the cheapest - is going up but Clark tells you how to avoid the price increase. See if Philo would work for you. // Why does Clark call cryptocurrency fake? Clark describes cryptocurrency in theory vs practice, the government restrictions and the fundamental value of electronic money. What to expect if you play in crypto today. Ask Clark topics include: The New Washington State Long-Term Care Act - Coldstream Wealth Management - WA Cares Fund / Long-Term Care Insurance / These Credit Cards Offer Car Rental Insurance Benefits / Mortgage Refinance Calculator / SIM Card Fraud & How to Stop It / Submit a complaint | Consumer Financial Protection Bureau / CarMax Review \\ Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If I asked you to switch your money on, what would you think it means?
0:08.0	Well, with Hargreaves Landsdown it means investing your money.
0:12.0	It means making your money work harder for you.
0:16.0	It means investing for a better future, whatever the future holds.
0:21.0	Switch your money on with Hargreaves Landsdown.
0:25.0	Investments rise and fall in value so you could get back less than you put in.
0:30.0	It's my pleasure to welcome you to the Clark Howard Show.
0:39.0	Our mission is to serve and empower you so you make better financial decisions in your life.
0:46.0	In today's episode, another price increase is coming in the TV streaming world.
0:51.0	I'll tell you how to avoid it but you've got to act fast.
0:55.0	Also, I can't go anywhere these days without someone asking me about Bitcoin and other cryptocurrencies.
1:03.0	People want to know, should they bail out now?
1:06.0	Should they hop in?
1:07.0	I'm going to tell you what I think.
1:10.0	And the video world is in a huge transition right now.
1:17.0	Some of it seems like it's so removed from us and then other things immediately hit your wallet.
1:24.0	So first, let me talk about what feels removed from you.
1:28.0	And that is AT&T's merger with Discovery creating a video content behemoth.
1:36.0	Now we have Amazon making a huge purchase of the MGM video library.
1:44.0	And each person's, each entity's needs are different.
1:49.0	Discovery and the various AT&T streaming products just really not getting traction like they need alone.
1:58.0	It's a merger of out of weakness.
	...

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