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The Clark Howard Podcast

4.27.20 Investing in gold; Ideal car buying window; Is the FIRE movement over?; What to do with your old 401k

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 27 April 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

People are getting ripped off buying physical gold right now. Buy a precious metals ETF instead! The car market has changed rapidly. Clark tells you when the ideal car buying window is. Has Covid-19 killed the FIRE movement? Lots of headlines suggest that it has, but Clark disagrees. If you lose or leave your job, what should you do with that old 401k? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Crypto doesn't sleep, so neither do we.

0:04.0

Crack-and-client support is available 24-7, 365 days a year by call, chat, or email.

0:11.0

We're here for you whenever you need us.

0:13.0

Give us a shout at crackin.com forward slash support proof,

0:17.0

not investment advice. Crypto trading involves risk of loss.

0:22.0

I'm so glad you're with us here on the Clark Howard Show, where it's all about you and that wallety yours.

0:34.0

I want you to learn ideas to me so you can keep every dollar that you've got.

0:39.0

Best of can.

0:40.0

Our website is clark.com and clarkdeals.com both, helping you stretch every dollar right now.

0:48.0

So the second version of the payroll protection program is now open again,

0:54.0

and there's a bigger focus on the big banks that did the program all wrong the first time,

1:01.0

in some cases committing what may have been criminal acts and who they help get access to money.

1:07.0

So I think it's going to be a little bit easier navigating the process this time,

1:13.0

including non-traditional lenders are in the program.

1:17.0

So know that you've got opportunities that didn't exist the first time around to try to get that money,

1:25.0

and good luck because I don't know how long this current third of a trillion will last.

1:31.0

And I want to talk to you about something that people turn to in times of uncertainty, fear, or crisis.

1:39.0

And I'd say coronavirus fits all three of those.

1:44.0

People have been almost the point of panic buying gold, because gold is a hedge in bad times.

1:53.0

And so the price of gold has been moving up not by huge leaps and bounds, but it's been going up.

2:02.0

But there's a distortion in the marketplace right now.

2:05.0

I need to make sure you know and you're aware of how it plays.

...

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