Full Show: 10 Financial Myths That Are Costing You Money | Clark Howard Video

Are you falling for common financial myths that are holding back your wealth? Fiduciary financial advisor Wes Moss debunks 10 prevalent financial misconceptions that could be costing you big time!

Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on today’s Ask an Advisor episode of the Clark Howard podcast. Submit your questions: link

00:00 - Intro
01:09 - 5 Financial Myths That Are Costing You Money
10:19 - Ask an Advisor - Is there a free tool that can show me my portfolio allocation across stocks, bonds, and cash? [David in Georgia]
13:26 - Ask an Advisor - How can I stop comparing my retirement savings to others and feel more confident about my progress? [Daniel in Iowa]
20:28 - Ask an Advisor - Is a whole life policy smart for planning for a special needs child—or should I invest elsewhere? [Derek in New Jersey]
23:58 - 5 Financial Myths That Are Costing You Money
34:56 - Ask an Advisor - With over $4 million in managed retirement accounts, should I get an outside audit or just trust Vanguard? [Darren in Tennessee]
38:23 - Ask an Advisor - Should I ditch my robo-advisor and reinvest in low-cost index funds, or keep the current setup and invest new money elsewhere? [Patrick in New York]
41:33 - Ask an Advisor - Can I auto-invest in VFIAX somewhere other than Vanguard without added costs—and is an ETF a better option for donating to a DAF? [Aaron in Ohio]

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