12.21.21 Gentle Advice for Vanguard / Why Clark Despises Mandatory Arbitration.
The Clark Howard Podcast
Clark Howard
4.6 • 5.2K Ratings
🗓️ 21 December 2021
⏱️ 34 minutes
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| 0:00.0 | This episode is brought to you by Slack. With Slack, you can bring all your people and |
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| 0:20.9 | inside and outside of your company. Slack, where the future works. Get started at |
| 0:26.9 | Slack.com slash DHQ. Between forgetting the sellotape, trying to squeeze eight people |
| 0:32.3 | around a six-seater table and the cat taking down the tree. Again! Christmas can be tricky. |
| 0:40.1 | At least with Royal Mail, sending parcels is easy. You can save time and money when you |
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| 0:49.1 | two or twenty to send, just click, save and will collect. Visit RoyalMail.com forward slash |
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| 1:02.6 | It's my pleasure to welcome you to the Clark Power Show where our mission is to serve |
| 1:09.6 | and empower you so you make better financial decisions in your life. Today I want to talk |
| 1:17.1 | about what's going on in a battle of the behemoths and the future of investing and how |
| 1:25.0 | this affects you. And also, I want to talk about something else coming up later. How much |
| 1:33.1 | I despise mandatory arbitration and how you need to be aware about how you can get burned |
| 1:40.8 | by it and before you just click, accept on terms and conditions, know how this dirty pool |
| 1:48.0 | game is played. So, I believe a true great American hero was the guy named John Bogle. He's |
| 2:01.6 | been dead a while. He was kind of a grouchy guy during his life. But a brilliant man and |
| 2:11.6 | had a single minded focus on making investing available to everyday people instead of |
| 2:20.4 | just to the chosen few elites and very wealthy people. He's the guy who created Vanguard |
| 2:29.2 | long ago and was looked at as a joke in the investment industry. And he went from being |
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