06.07.23 Warning: Investing Pools / Netflix Changes & How To Save On Streaming

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 7 June 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Investment pools that don’t offer normal disclosures are blowing up on people. Dark money funds, SPACs, real estate crowdfunding groups, private placements on “the ground floor of opportunity” - they may sound wonderful. But they’re a costly lesson in high risk vs traditional investing. Clark spells out the difference to protect your investments. Also, It appears the streaming party is over. All at once, Netflix and other services are changing the rules & raising prices. Clark has a money saving assignment for you. High Risk Investments: Segment 1 Ask Clark: Segment 2 SAVE on Streaming: Segment 3 Ask Clark: Segment 4 Mentioned on the show Company Insiders Made Billions Before SPAC Bust - The Wall Street Journal. A Housing Bust Comes for Thousands of Small-Time Investors Get-rich-quick schemes, pyramids and ponzis: five signs you're being scammed — The Conversation Synthetic Identity Theft Definition - Investopedia Credit Karma Review: Free Credit Score and More at Your Fingertips How To Freeze Your Credit With Experian, Equifax and TransUnion Platinum Card® from American Express Review 2023: Is It Worth It? Capital One Venture X Rewards Credit Card: 6 Things To Know in 2023 Employee Stock Purchase Plan (ESPP): What It Is The cheapskate’s guide to digital entertainment Clark.com - Netflix Unveils Plans To Charge U.S. Customers for Account Sharing Clark.com - Why T-Mobile Customers May Hit a Snag With New Netflix Policy Best Free Streaming Services in 2023: Movies and TV for Cord Cutters Clark.com - Live TV Streaming Channel Tool YouTube TV Releases NFL Sunday Ticket Pricing 7 of the Best High-Yield Online Savings Accounts in May 2023 Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I want to thank you so much for joining us today on the Clark Howard Show.
0:09.2	Our mission is to serve you and empower you so you make better financial decisions in
0:14.7	your life.
0:15.7	In this episode, I've got some warnings for you about investing pools.
0:22.5	This is so a thing.
0:25.6	And it's blowing up on people.
0:28.3	And we got to talk about this where it's pitched as a superior return that's safer than
0:34.4	normal investing.
0:36.6	And it's just blowing your money apart.
0:41.1	Also later, Netflix really cracking down on you about sharing accounts, others increasing
0:49.0	services.
0:50.2	I got some advice for you moving forward about how to protect your wallet with all
0:56.0	this streaming stuff.
0:58.5	Right now, I want to talk about something that's been all the rage.
1:02.2	And that is investment pools that don't have normal disclosure to you.
1:09.5	They're called dark money funds.
1:11.2	It's one term used for them.
1:14.0	There are SPACs, which are special purpose acquisition companies.
1:21.2	I think is what SPAC stands for.
1:25.0	And then you've got all these real estate crowdfunding kind of groups.
1:32.7	And it sounds wonderful.
1:36.7	All these things, the ideas you're following, a promoter.
	...

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