Many took the wrong lesson from the speculative fever of 2020-21. As meme stock & crypto frenzy stoked message boards, people drove values up, and many ended up with heavy losses. Gambling & speculation should never be confused with investing. Understand the power of DULL and other lessons from a tortoise investor. Also, a booming scam area – FAKE search results and FAKE ads on social media with links to FAKE shopping sites. A few easy steps will help keep you safe from online scams. Clark gives you the rules of the road for shopping online.
- Gambling Vs Investing: Segment 1
- Ask Clark: Segment 2
- Fake Shopping Sites: Segment 3
- Ask Clark: Segment 4
Mentioned on the show
- WSJ – The Retreat of the Amateur Investors
- 5 Sneaky Ways To Improve Your Credit Score
- NYTimes.com: With Many Retailers Offering Online Sales, Phony Sites Blend In
- Clark.com- How To Spot a Fake Online Store in 6 Easy Steps
- Virtual Credit Cards: An Online Security Measure Worth Taking?
- Fidelity Investments Review 2022: Pros & Cons
- Metro by T-Mobile: 6 Things To Know Before You Sign Up
- T-Mobile 5G Home Internet: 5 Things To Know Before You Sign Up
- Verizon Home Internet: Things To Know Before You Sign Up
- Clark Howard’s 4 Travel Rules You Should Follow Right Now
Clark.com resources
- Episode transcripts
- Clark.com daily money newsletter
- Consumer Action Center Free Helpline: 636-492-5275
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