8.21.18 Following a scammer trail; Elon Musk should sleep; New 3% down mortgages

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 21 August 2018

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Clark brings LA Times columnist David Lazarus on the show to discuss how he thwarted potential scammers and followed the scam to its logical conclusion; Elon Musk is apparently working 120 hours a week. Working that much actually has harmful effects on your creative output; Fannie Mae and Freddie Mac have introduced new 3% down mortgages. There are pros and cons to these new offerings and Clark discusses. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Great to have you here on the Clark Howard Show where it's all about you and that wall
0:10.4	of yours.
0:11.4	I want you to learn ideas to me so you can save more and spend less and don't let anyone
0:16.1	ever rip you off.
0:18.6	Coming up in just a few minutes in today's Clark Rageous Moment, sometimes you just need
0:24.0	a good night's sleep, Elon Musk.
0:27.5	Coming up later, the home market has been tough for first time home buyers and something
0:34.3	it looked like it was never going to come back again is and that's ultra low down payment
0:40.8	mortgages.
0:43.0	A friend of mine recently found out that his wife had won $25 million and I was just so
0:54.0	curious about what it's like to suddenly go from earning a regular paycheck to having
1:01.0	$25 million fall out of the sky and so David Lazarus is with us right now who is a columnist
1:09.8	with the LA Times and I just want to know are you going to keep working now that you have
1:14.6	this $25 million windfall?
1:16.5	I'm talking to you from the brand of my new house in Tahiti so that tells you everything
1:21.7	you need to know.
1:23.5	So how did you fall into $25 million?
1:27.5	Yeah, let's be a spoiler alert.
1:30.2	This isn't real.
1:31.2	It's a scam.
1:32.2	Oh come on.
1:33.2	Come on, wait and give it away so fast.
	...

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