Clark dives into something that may be a major stressor in your life right now: the stock market. How bad are things and should you change your strategy? Also, Clark explores something that we often see in times of economic distress: new businesses growing out of the rubble of layoffs. Maybe it’s time for YOU to think about starting your own business.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the January 30, 2023, episode of The Clark Howard Show.
00-00 – Intro
00:58 – Stock Market Strategy in 2023
07:37 – Ask Clark – Buying/Selling a Farm
09:33 – Ask Clark – Ordering Checks Cheaper
11:54 – Ask Clark – Trip Insurance
14:52 – Should You Start a New Business Now?
19:54 – Ask Clark – HSA Beneficiary
21:53 – Ask Clark – Credit Frozen Working
24:29 – Ask Clark – Bad Loyalty Program
MORE CLARK.COM CONTENT YOU MAY LIKE:
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► clark.com/personal-finance-credit/investing-retirement/sell-or-stay-stock-market-decline-retired/
► clark.com/personal-finance-credit/investing-retirement/
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The stock market is a volatile and unpredictable place. With the rise of technology and the rapid changes in the global economy, the stock market is constantly changing. So, what should you be doing in 2023 when it comes to stock market strategy?
First, you should assess your current financial situation. What type of investments do you currently have? Are you comfortable with the level of risk you’re taking? Do you have a long-term plan for your investments? These are all important questions to consider before making any decisions.
Second, you should look at the market trends and determine what sectors and stocks are likely to perform well in the future. This will help you decide which stocks to invest in. For example, if you believe that the technology sector is likely to perform well in the coming years, then you may want to invest in technology stocks.
Third, you should research the different types of stock market strategies. There are many different strategies that you can use, such as day trading, swing trading, and long-term investing. Each strategy has its own advantages and disadvantages, so it’s important to understand the pros and cons of each before making any decisions.
Finally, you should consider whether or not starting a new business is the right move for you. Starting a business is a huge commitment, and it can be very risky. However, if you have a good business plan and a good team, then starting a business can be a great way to generate income and build wealth.
In conclusion, the stock market is a volatile and unpredictable place. Before making any decisions, it’s important to assess your current financial situation and research the different types of stock market strategies. Additionally, you should consider whether or not starting a new business is the right move for you. With the right strategy and preparation, you can make smart investments in the stock market and potentially make a lot of money.
His Mike is over modulated.
Great show Clark, we just have the bank send the check, no postage either. New payees take longer but it all works out.
Hi Clark, I love your programs and have been listening for years and years!! Not in the tech industry but being laid off was the best thing that ever happened to me. It opened my eyes to a much better life. Thank you for sharing your knowledge.
About poetry: in high school, I took creative writing, which included poetry. We read a poem using the word "nightjar". I could tell it wasn't speaking of a jar. Fortunately, it was the 1980's and my dad had a real huge UNABRIDGED dictionary. I looked it up there and found out that it is a bird. The poem made a lot more sense then. LOL.
Come on people, subscribe!
What is a check? Just kidding. They may be useful for paying taxes, but everything else (and some taxes) can be paid through online banking. An initial free check offer should be able to last a lifetime.
Is there anything we can do to make it harder for criminals to open a checking account using our personal information? Thanks!
"Up cycle" slower typically than a much faster "down cycle" Yes?
Clark, I was going to order checks from our credit union. When they realized I’m a senior, say said I could get my checks for free. You can’t beat free.
Thank you Team Clark.
Clark, you didn’t mention annuities. Like I’ve said to you before, when you’re in your 70’s you don’t want all of your retirement money in the stock market or mutual funds. I do have some money in a mutual fund, but my annuities didn’t lose me any money. When you’re in your 70’s we don’t have time for the market to recover. Also remember 2008 wasn’t a banner year either.
Warehouse clubs which one do you mean
So what do we do to help our kids not have this burden if their mother me turning 70 in Mar has a lot of my money before the Roth IRA started in a traditional? What should I do?
Needed all this info thank you, Clark !!!