02.16.23 Speculation Vs Real Investing / Beware Fake Shopping Sites

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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