As investors, we naturally want to protect everything and make everything safe. It’s our human emotion. But fiduciary financial advisor Wes Moss warns us to beware the siren’s song of safety luring you to move to cash. He has three tips to help you ignore the urge. Also, inflation has been wild over the last several years. While inflation is always part of the equation, intense periods of inflation can wreak havoc. Wes shares the secrets to help you beat it.
Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the April 8, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions: link
Learn more about Wes: link
00:00 - Intro
00:55 - Should You Shift Investments to Cash?
08:25 - Ask an Advisor - Should I retire now or wait for the market to recover? (Kathryn in North Carolina)
16:21 - Ask an Advisor - Should I convert all my retirement savings to a Roth, or is a balanced approach better? (Roger in Connecticut)
20:33 - How To Beat Inflation
30:27 - Ask an Advisor - What’s the best way to set up a long-term family savings plan to support aging parents? (Cal in Georgia)
38:13 - Ask an Advisor - Is it better to dollar-cost average weekly or even daily instead of monthly? (Ryan in Wisconsin)
40:07 - Will phasing into retirement lower my Social Security benefits? (Llisa in Texas)
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