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The Clark Howard Podcast

10.28.25 Ask An Advisor With Clark Howard & Wes Moss

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 28 October 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Clark Howard and Wes Moss: Is the Market Overvalued? and 401(k) Private Equity Debate Is today’s stock market dangerously overvalued — or still worth riding? In this special Ask an Advisor episode, Clark Howard and Wes Moss break down what’s driving record-high valuations, and how to stay invested without taking on too much risk. Then, the pair debate a big change coming to retirement plans: private equity in 401(k)s. Clark warns this could open the door to hidden fees and confusion for everyday workers, while Wes sees potential benefits if costs come down and transparency improves. Together, they offer a candid look at how investors can protect their savings — and their peace of mind — in an evolving market. All this and more on the October 28, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes.  Let us know what you think in the comments! Learn more about Wes:  BOOKS BY WES MOSS   Wes Moss, CFP®  Wes Moss - Clark.com 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

at BP, we're delivering on our downstream plans, achieving 96% refining operating availability,

0:09.9

the best first-half performance in our historical portfolio since 2001,

0:15.9

helping to drive efficiency, reliability, and production to safely deliver for customers.

0:23.0

Learn more at BP.com forward slash strategy at work.

0:30.0

Hey Jack, I'm seeing your business everywhere.

0:32.9

Have you got a new marketing person or something?

0:34.8

You could say I've got a new secret weapon for print.

0:37.2

Print? Oh, vista print, right? That's not a secret. How did you know? Come on. Custom posters, branded mugs, stylish flyers. Only one place prints all that. Vista print. Yeah, I got business cards, stickers, t-shirts, booklets, signage, even photo books from my last holiday. Print everything for your business with VistaPrint.

0:55.9

If you need it, we print it at vistoprint.co.uk.

1:04.7

Hi, Clark Howard here with a special edition of Ask an Advisor with Wes Moss.

1:12.2

Hey, Clark Howard.

1:12.9

Who's the advisor?

1:13.8

You are, man.

1:14.3

You are.

1:15.6

And I got to tell you why we're here.

1:17.7

This is really funny.

1:19.1

Because Wes and I both have very strong opinions about investing.

1:23.6

But he is a professional.

1:27.2

He is an expert. I am an amateur at it, not really, but we approach it

1:34.5

from very, very different styles. And Wes, I got to tell you, we even did a poll on social

1:41.4

media and our listeners and viewers so badly wanted you and me together

1:48.7

to address two topics that we have confused the daylights out of our common audience,

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