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The Clark Howard Podcast

Clark Howard 5.10.18

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 10 May 2018

⏱️ 37 minutes

🧾️ Download transcript

Summary

Topics: Warren Buffet's advice against owning gold; There's a new product sketchy brokers are pushing; Clark hates lines - and tells you how to avoid lines too Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Hule. Between work deadlines and just living life, it can

0:06.3

be hard to prioritize healthy eating. What if you could have a meal in 30 seconds? Hule

0:11.8

is a convenient, nutritious meal in a shake. Just add water and you get a meal of 40g of

0:17.1

protein per serve, 400 calories and 26 vitamins and minerals. Visit Hule.com forward slash Spotify

0:24.3

to find out more.

0:30.0

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

0:38.4

quality yours. I want you to learn ideas to me so you can save more and spend less and

0:43.2

don't let anyone ever rip you off. And you can follow me at facebook.com slash Clark

0:49.3

Howard.

0:50.3

Coming up in a few minutes, I have a special Clark Rages moment warning for you about

0:57.7

a problem that has skyrocketed in the last three years where people are getting harmed,

1:05.7

ripped off or wiped out in a new fangled form of pseudo investment. And later yet, because

1:16.3

of the severe labor shortage in service businesses, I need to bring you up to date how you can

1:24.0

try to jump the line or miss the line entirely when you're dealing with any kind of service

1:31.7

business. I want to talk right now about Warren Buffett who has been quoted so much recently

1:40.8

because each year about this time he does his big pep rally with, I said, 12,000 people

1:47.9

come to hear him speak forever for hours. He takes every question from everybody hours

1:53.6

on end and Omaha people do this pilgrimage to Omaha to listen to him speak. And one of

2:01.5

the points that he's been making that he made at his annual shareholder meeting is about

2:09.6

why you should not buy gold as an investment. And the numbers that he shared are so clear,

2:21.7

so specific. And he gave an example if somebody just bought stock in the 500 largest companies,

2:30.7

which knows a S&P 500 index fund and held it how much more money over time you end up with

...

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