08.05.21 Current Travel Pitfalls / Danger: Buying Stocks on Margin.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 5 August 2021

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Clark preps you for the current state of travel, including passport delays, how to book to protect your wallet, hotel cleaning policies and rental cars. / Clark is alarmed by a new statistic about people borrowing money to play the stock market on what is called “Margin”. How this practice works and the risk involved. Ask Clark topics include: What Is a Credit Union? / How and Why to Refinance Your Mortgage: A Step-By-Step Guide / 5 Things To Know Before You Sign Up for Verizon Prepaid / What Is a 403(b) and How Does It Work? \\ Want more money advice? Sign up for Clark’s free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I've entered the Rick and Morty multiverse so many times at all for
0:04.4	that I don't know whether I'm Rick, Morty.
0:07.3	Oh, myself.
0:08.5	Am I Rick?
0:09.6	Am I Morty?
0:10.7	Am I me?
0:11.9	Am I Rick?
0:12.8	Am I Morty?
0:13.9	Am I me?
0:15.2	I don't know.
0:16.4	Watch now at all for the UK's biggest free streaming service.
0:20.4	Watch and rewatch!
0:21.5	Watch and rewatch!
0:22.1	Watch and rewatch!
0:22.8	Go free!
0:23.5	Come to our channel 4.com slash verify.
0:31.4	It's my pleasure to welcome you to the Clark Howard Show, our mission to serve
0:35.1	and empower you so you make better financial decisions in your life.
0:39.6	Today I have to address a couple of developments in the travel world,
0:43.4	including one thing Christen and I have both experienced.
0:47.0	Later, I'm talking about something I really hate,
0:50.9	margin debt, not margarine, I don't like that either, but buying stock
	...

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