The Clark Howard Podcast

06.03.25 Ask An Advisor With Wes Moss

12 snips
Jun 3, 2025
Wes Moss, a fiduciary financial advisor, shares insights into the world of investing and the job market. He tackles the age-old question of whether investing in gold is a smart move, weighing its historical significance against current market trends. Meanwhile, he discusses a concerning prediction about AI potentially eliminating half of entry-level jobs in the coming years, urging listeners to consider both the risks and opportunities this technology presents. He answers listener questions, blending financial advice with forward-thinking strategies.
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INSIGHT

Gold's True Investment Nature

  • Gold has been a store of value for thousands of years but does not pay income like dividends or interest.
  • It is volatile with large price swings and is not a perfect safe asset despite its long-term 8.4% return since 1980.
ADVICE

Avoid Overinvesting In Gold

  • Avoid moving your entire retirement 401(k) to gold, especially close to retirement.
  • Gold is volatile; short-term treasuries offer safer, stable income near 3-5% with minimal volatility.
ADVICE

Dollar Cost Average IRA Investments

  • When rolling over large sums to an IRA, dollar cost average into the market over 6 to 10 months.
  • Allocate by your long-term plan and invest gradually to smooth out market volatility and emotional stress.
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