07.29.26 Investor Alert: Correction Protection / T-Mobile T-Bones Your Wallet

Summary

The Clark Howard Podcast – Episode Summary

Episode: 07.29.26 – Investor Alert: Correction Protection / T-Mobile T-Bones Your Wallet
Date: July 29, 2026
Host: Clark Howard

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Episode Overview

This episode centers on two major themes:

1. Stock Market Risks and Investor Protection – Clark addresses increasing anxieties around stock market highs, speculative investing, and how listeners can protect themselves, especially as a market correction looms.
2. T-Mobile’s Anti-Consumer Shift – Clark exposes how T-Mobile, once a champion for consumers, is now engaging in anti-customer tactics with price increases and less favorable terms, while offering actionable tips to save on phone plans.

Clark weaves in practical advice, answers listener questions on topics including investment strategies, gambling addictions, medical bill appeals, and managing debt, maintaining his signature empowering, consumer-first tone throughout.

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Key Discussion Points & Insights

1. Investor Alert: Stock Market at Record Highs

• Stock Valuations & Risks
  • Clark notes that U.S. stock prices are "at what may be all time record highs in terms of what share prices are versus...how profitable the company is" ([00:44]).
  • Warns that, based on historical measures, current valuations are inflated:

    “The returns over the next decade are likely to be much, much, much lower than historical because returns in recent years have been much higher than normal year by year.” ([01:04])

• Likely Scenarios Moving Forward
  • Market could correct rapidly (“shock drop”) or stay flat/lethargic for years ([01:38]).
  • Particularly concerned about “speculative fever” — people using leveraged funds to gamble on stocks:

    “When you get into speculative fever, that’s when I worry more about the stability of the marketplace.” ([02:25])

• Advice for Investors of Various Ages
  • Those Near/At Retirement:
    • Assess your asset allocation. Diversification is critical.

      “If you are approaching retirement or you’re in retirement… you may have too much of your money in stock type choices.” ([03:04])

    • Consult a fee-only fiduciary for a portfolio “checkup.”
    • Don’t sell everything in a panic—think through your choices.
  • Younger Investors:
    • Stick with regular contributions (401k, Roth IRA) and dollar-cost averaging.
    • Volatility is less of a concern with a long-term horizon:

      “Even if the market’s not for a while, you’re playing a long term game…be steady as you go. Well diversified.” ([07:37])

• Notable Quote:

  “What’s my ultimate fair weather phrase for every foul weather moment? The only thing that’s the end of the world is the actual end of the world.” ([08:19])

2. Listener Q&A – Investing, Security & Behavioral Concerns

• Vanguard Adds Account Security Feature

  • Listeners alert Clark that Vanguard now offers an “Account Lock” feature via app/website, similar to Fidelity’s protection against account theft ([08:35]-[10:54]).
  • Clark applauds the move:

    “Nobody [in the full-commission world] is doing anything to protect people from these automated theft processes.” ([09:59])

• Q&A: Over-Saving vs. Investing (Kevin, TX)

  • High-yield savings is great, but Clark urges shifting focus to Roth IRA contributions for long-term, tax-free growth ([11:03]-[12:44]):

    “Give that [high-yield savings] a rest. Emphasis now on building that Roth IRA.” ([12:38])

  • Points out self-employed savers have tools like solo 401k, SEP IRA to save even more ([12:44]).

• Q&A: Gambling Addiction via Prediction Markets (Kara, FL)

  • Clark identifies the husband’s 40,000 political “investing” transactions as a gambling addiction ([13:04]-[14:00]):

    “Prediction markets are clearly a form of gambling and they are addictive...Missing time with family, not focusing on work. This is an addiction.” ([14:00])

  • Notes rise in gambling addiction among young men and the industry’s relentless marketing ([15:14]).

3. T-Mobile’s Customer Hostility & Cell Phone Savings Strategies

• T-Mobile’s Transformation

  • Describes T-Mobile’s shift from “consumer-friendly disruptor” to repeat offender of price increases and stripped consumer protections ([16:31]-[19:44]):

    “T-Mobile…has changed their terms of service. You have no rights to sue them anymore, no class actions...They were a company that used to treat their employees very, very well. And now employees at T Mobile are generally miserable. And you as a customer are dying a death by a thousand price increases…” ([17:41])

  • Calls out their misleading “free phone” offers as financial traps ([21:50]):

    “Get a free phone from us…that is the worst bear trap ever…to trap you as a human at some hugely overpriced rate plan. Don’t fall for it.” ([21:50])

• Alternatives & Practical Consumer Advice

  • Many people can save hundreds/year by switching to MVNOs or sub-brands (same network, lower cost) ([20:40]-[22:15]).
  • Reassures listeners the switch is easy; plans as low as $10-15/line are available.
  • Promotes clark.com’s cell phone plan comparison tool ([20:55]).
  • Warns to avoid “free phone” contracts because they lock consumers in for years at high rates ([22:15]).

4. More Listener Q&A: Real Estate, Insurance, and Credit

• Q&A: Rental Property Capital Gains Taxes (Mike, GA)

  • Clark advises simply paying capital gains tax rather than doing complex exchanges if you’re happy selling outright ([23:04]):

    “So, first of all, you owe tax because you had a gain. It’s always good to have a gain…just pay up. Typically it’s going to be 20% or less is going to be the tax rate.” ([24:04])

• Q&A: Appealing Insurance Denials (Vicki, FL)

  • Vicki successfully appealed a denied medical test bill by submitting research and a letter ([25:17]):

    “Almost nobody ever appeals...Stand up for yourself...Wear down the insurance company like they’re trying to wear you down.” ([25:57])

• Q&A: Credit Score Optimization & Balance Transfers (Joseph, OR)

  • On transferring balances to 0% cards vs. impacts to credit score:

    “You do pinch yourself on one part [average age], but you benefit enormously the other part [utilization]. So feel good about it, feel comfortable about what you’re doing.” ([27:00])

  • Stresses ultimate goal is to get to $0 debt, not to chase continuous 0% offers.

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Notable Quotes & Memorable Moments

• On Market Panics:

  “You don’t want to overreact, but I do want you to be prepared. Boy Scout motto, Right, right, right. I want you to be prepared that you don’t leave yourself exposed at a time that you don’t have enough time to recover.” ([04:37])

• On “Free Phone” Traps:

  “That free food in that trap, why is it there to trap that animal? What’s the free iPhone or free Samsung for? To trap you as a human at some hugely overpriced rate plan.” ([21:50])

• On Technology & Savings:

  “The plan offerings now that work for many people should be only 10 to $15 a month per line. Unlimited, you’re looking at 25, 30 a line...” ([20:55])

• On Appealing Insurance:

  “Just as Vicki had a leg up as a medical professional, but you can stand up for yourself and you appeal and you get turned down...appeal again. Wear down the insurance company like they’re trying to wear you down.” ([25:57])

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Timestamps for Important Segments

• Stock Market Valuations & Correction Risks: 00:44 – 08:05
• Vanguard Security Lock Update: 08:35 – 10:54
• Listener Q: Over-Saving vs. Investing (Kevin, TX): 11:03 – 12:44
• Listener Q: Gambling Addiction (Kara, FL): 13:04 – 15:14
• T-Mobile’s Changes & Alternatives: 16:28 – 23:04
• Listener Q: Rental Property Capital Gains (Mike, GA): 23:04 – 25:17
• Listener Q: Appealing Insurance Denials (Vicki, FL): 25:17 – 25:57
• Listener Q: Credit Score & Balance Transfers (Joseph, OR): 26:35 – 27:00

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Clark’s Closing Perspective

Clark wraps up by reaffirming his mission to empower listeners—be it via podcasts, websites, or social media—encouraging all to save more, spend less, and avoid ripoffs. He previews the “Clark Stinks” episode, where he directly addresses listener criticism to improve his advice ([27:48]).

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For Further Resources

• Cell phone comparison tool: clark.com
• Newsletter sign-up: clark.com/newsletters
• Submit questions: clark.com/askclark

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Summary prepared to capture the full richness and advice of the episode, useful for listeners and non-listeners seeking actionable consumer guidance.

Transcript

[Clark Howard]

Foreign.

I'm so glad you're with us here on the Clark Howard Show. You know, our mission is to serve you with advice and information that empowers you to make better financial decisions in your life. Now, one decision I hope you'll consider making because I really believe in it. Being a subscriber to our newsletter, I hope you've enjoyed our Sunday edition, which is devoted to investing news. And if you haven't signed up, you can do [e-mail] newsletter or newsletters. And speaking of investing, I keep having more and more people tell me they're getting really scared about the stock market at the same time other people are doing some really crazy stuff investing. I'm going to give you my take on that. The way I see the picture of investing moving forward from where we are right now. Also, T Mobile used to be the innovator, used to be the disruptor, and used to be there for you as a consumer. The UN carrier they marketed themselves at, well, let me tell you, T Mobile is the opposite. They're a wrecking crew for your wallet. And I'm going to tell you what you need to know later in this podcast. So let's talk stocks and investing. Stock markets by historical measure in the United States are at what may be all time record highs in terms of what share prices are versus how those share prices, the underlying value supposed to be established by how profitable the company is. So what you're paying for every share of the average stock is way inflated based on historical measurements. That's why pointy headed people in the investment community who aren't trying to sell you something say that returns over the next decade are likely to be much, much, much lower than historical because returns in recent years have been much higher than normal year by year. This is known as reversion to mean. And economics prove reversion to mean with anything that gets way out of whack. That values come back in line over time, just as we're seeing with the housing market where values escalated at an extraordinary rate for years and years and then they've stalled out over over the last few years. It's part of allowing people's incomes to catch up with the price of houses in the stock market. When values get out of whack, values end up back where they should be over time a couple of ways. One is a messy rapid decline in values of stocks individually and the overall picture of stocks comes down and that's known as a correction or a bear market. So it can happen like a shock drop in a very short period of time. Or it can just be that things stay lethargic for years to come. But there's a reason that I'm more worried today about having a rapid decline, a shock drop, if you will. I think that's a. I just made up term, I just did. Anyway, a market crash is most often what it's referred to because of how hot right now leverage funds are. So there are people who are so into the FOMO thing, fear of missing out, that they don't want to miss another big run up in share prices. So they are buying stocks through funds that multiply the risk to get a multiple of reward by using borrowed funds to make a 2x3x4x bet or more on what's going to happen with stocks. So when you get into speculative fever, that's when I worry more about the stability of the marketplace. Plus there's always a world of worries out there that you could always turn to as somebody who freaks out and you're worried about a decline. And so you could talk about, you know, instability in the world, the tariff stuff, the war in Iran, inflation, the shocking lack of direction on budget deficits in the United States and debt held by the US and other countries. I mean, you can, you can worry yourself sick, but capitalists always figure out how to deal with the circumstances are. But here's the thing. If you are approaching retirement or you're in retirement because of the go go years we've had in the marketplace, you may have too much of your money and stock type choices. Now, my belief, even in retirement, you still have to have stock exposure to deal with the ravages of inflation over a long retirement period. But I want you to really think through how your money's invested, how narrowly it might be invested. And if you have a financial professional, a fee only fiduciary financial planner that you work with, I want you to do a checkup with him or her to make sure you're not overexposed at a time that could be rough. Does this mean all this? I'm saying if it makes you uncomfortable, oh, I should just sell everything about my money in savings. No, no, I'm saying I want you to assess the overall diversification you have going on and I want you to think through because what I don't want to have happen is what Krista and I went through in 2008, 9, 10, when the panicked people we heard from day after day, Remember, we were even doing special shows on, you know, 10 at night, on the weekend, whatever. There's all kinds of stuff going on and people were beyond panicked. And a lot of people made rash decisions and sold out everything they had, creating tax problems and then missing when the market eventually recovered. You don't want to overreact, but I do want you to be prepared. Boy Scout motto, Right, right, right. I want you to be prepared that you don't leave yourself exposed at a time that you don't have enough time to recover. Now, if you're younger and you're just contributing every month through 401k Roth IRA, whatever, don't worry about any of this. Just be diversified in it and everything's going to be fine. Even if the market's not for a while, you're playing a long term gain. And Remember with a 401K, a Roth IRA where you're contributing every pay period, every month, whatever your dollar cost averaging meaning that in months that the market's not doing well, your money that you put in is buying more shares which ultimately when the market, when it recovers. See, I'm already saying when there's going to be a decline, you end up making more money by being steady as you go. Well diversified.

And in more recent history, I'm sure most people remember at the beginning of the pandemic, a lot of people, I know, some people who sold everything, they were so scared they thought the pandemic

was the end of life as we knew it.

All right.

Well, humans are much more adaptable than we give ourselves credit for. And remember this. What's my ultimate fair weather phrase for every foul weather moment? What I've the only thing that's the end of the world is the actual

world of the world. Yes, yes. Well, I've got a happy note to start off with here. A few people wrote in about, about this and this. I'm going to read Kyle and George's post. I just wanted to give a heads up to Clark and his listeners that Vanguard now has Money Transfer Acat lock available in the mobile app and on their website. It's available in your profile and you go to security profile.

Thanks for everything and Kyle, thank you and so many other people who gave the heads up. Because what this is about, just so you know, Fidelity Investments did something really smart. They put in a very simple procedure for you to prevent a hacker from impersonating you and swiping all the money out of your brokerage account, retirement account or whatever. And so my three favorite children, Fidelity was the only one that had a simple procedure for you to protect your money in your account. Now Vanguard has, we're still waiting for the third shoe to drop and that Schwab to do so. And Vanguard's doing it in two stages. One you'll see in your app is where they are right now. And then the second stage is going to be a more comprehensive ability for you to lock various features on your account. And good for them, good for fidelity for doing this first. And in the full commission stock brokerage world, to my knowledge, nobody is doing anything to protect people from these automated theft processes that people have been using to steal everybody's money out of their account.

I also want to thank, I feel like this audience. I heard from so many people that were calling Vanguard about this after you talked about it and maybe that influenced them getting this so quickly.

Well, I talked to an insider when this was all going on last year, early this year, whichever it was, and I said, what's going on over there? They seem to be tone deaf about this. And he was not a Vanguard employee but was really wired in there. And he said, well, you know, they just kind of move slow there sometimes, but I'd say in Vanguard world they move pretty quickly for sure to have the account locked. So again on our show notes, you'll see the procedure to follow.

Yep, you just go into your profile and go into your security profile. Kevin Entrepreneurs.

No, you get to the security profile, you still have a little more work to do to get there.

Kevin in Texas says, I'm 30 years old. I have $70,000 in a high yield savings account and only 3,500 in my IRA. I am afraid I constantly need more savings and I cannot bring myself to invest money. I am self employed with variable income, 8 to $10,000 per month. What should I do? I'm currently investing $500 per month.

So I don't know what you mean by investing the 500amonth. Is that what you mean is going into the High Yield Savings account or it's obviously not what's going in the Roth ira. I hope it's a Roth ira, by the way, not traditional. You have plenty of cushion right now even with the fact that you have variable income. So I would take a rest from continuing to pop money into the High Yield Savings account. And I want you to focus on funding that Roth IRA automatically month after month. You at 30 are going to benefit mightily if you start conscientiously building up to the max every year in that Roth ira because the long term tax free compounding and tax free spending from the Roth really beats most any I mean just about anything else you can do with your money for long term security and you've already got this cushion that will carry you a minimum 7, 8, 9 months just off of your high yield savings account. So give that a rest. Emphasis now on building that Roth IRA.

And maybe a solo IRA too, right? Or solo 401k or self employed. A SEP IRA.

Yeah. Self employed, yeah. That's great advice because if I can get you in the habit of doing so, you actually have the ability to save far more money than normal earthlings because you are self employed.

Kara in Florida says Clark, a point of friction between my partner and me is what I would refer to as gambling. But he calls investing. Unbeknownst to me, in our nine years of marriage, he has logged 40,000 transactions on a popular prediction market website. Betting solely on the outcome of political matters. He has made roughly $15,000. He pa 10.5k in fees and netted four and a half thousand. Since he's not losing money, few people see this as a problem. But this volume of activity has caused him to miss out on some of life's biggest moments with our young children. And with more than half of his transactions taking place during work hours, I feel he's putting his job in jeopardy. What is your non biased take? Is this level of activity typical or concerning, brilliant or compulsive? Do you consider prediction markets a form of gambling and this is such a huge thing?

Yeah, prediction markets are clearly a form of gambling and they are addictive and clearly the number of transactions is addictive. Missing time with family, not focusing on work. This is an addiction. And it's very hard for anybody who is addicted to something to acknowledge. And normally they're going to be really hostile when you tell them that you think they have an addiction. So this is a tough one and must be handled gently. No shaming. And sometimes, unfortunately with an addiction, it requires real consequences before someone faces up to it. Like a job loss because a job performance deteriorating. Because of the obsession with prediction markets, this has become especially a huge problem with young men around their early 20s and they lose focus on a lot of other things. Just becoming totally obsessed with prediction markets

and sports betting, right?

Oh the sports betting stuff. Betting on what they're going to do on third down and how many yards they're going to make. I mean betting used to be enough of a problem when people were just betting against the spread on who won or lost a game. Now we're talking about micro bets all the time. This is serious stuff. And although Gambling addictions happen with both men and women for reasons I don't know, much more common with men. Everybody listening or watching knows someone who has a, an obsession with some form of gambling or micro gambling. And it is a serious thing. And all these ads I see during football, I only watch TV during football. All these things I see with the gambling sites, advertising during football, they all end with the perfunctory and if you think you have a gambling problem, call this number. And they hope those people keep a gambling problem. I mean, anyway, now I got to talk about something negative straight ahead, but

with some positive options for people. You're going to give us choices.

That is true. We're going to talk about how T Mobile decided to transition. Bring your friend to being your arch enemy. So T Mobile, under two CEOs ago, a guy named John Ledger, who I've talked about before, went from being basically a basket case competitor in the cell phone market to being the most dynamic, innovative, major cell phone carrier in any country in the world, pretty much. And they became a beast, a hugely successful beast by focusing on what people wanted instead of what they hated. One thing Ledger did is that if you were on a plan you loved, you never had a price increase. Well, T Mobile, now, two CEOs later, now has changed their terms of service. You have no rights to sue them anymore, no class actions whatever. And then they just, yeah, well, we're not honoring any of those fixed prices that we told you you were going to have. And so they've been hitting people over the head with one price increase after another after another. They were a company that used to treat their employees very, very well. And now employees at T Mobile are generally miserable. And you as a customer are dying a death by a thousand price increases, one after another after another. More gotchas. T Mobile, one of the things they did that was so innovative was the price. Was the price. No junk fees, no taxes, everything was in the price. What you saw is what you paid. That's over. So T Mobile, who is the consumer's friend, has now become hostile to their own employees and playing customers as fools. And as I said last time I trashed T Mobile. They're welcome to have their CEO come on the show with me and say why I'm wrong. But silence is deafening. I want you to know that weirdly, the innovations that have happened recently have happened with what John Ledger used to refer to as dumb and dumber. That's Verizon and AT&T, who knew? On clark.com, we devote a lot of time and research to finding the alternatives for you, no matter who you're with for your cell phone plan. Because there's almost not a person out there who couldn't save money and maintain the level of quality of service you have or even find something better for cheaper. I was talking with a friend just last night who was complaining about how much the cell phone plan was for her and her daughter. That per month was $230 something dollars a month for two lines. And we talked for a few minutes. I said, well here's this one that'll cost you 45amonth. Here's this other one that will cost you 50amonth total for two people. And I was going through the different options and the question she asked was so revealing because it's so common. Well, isn't it really hard for me to do that? How about that? It's not. And more and more family situations where people feel trapped in some kind of family plan. It's turning out to be more cost effective to break that plan up in many cases. And people pair up or maybe four people together, everybody's all on an individual thing because some people need international, some people need unlimited. Most people don't need either of those things. And the plan offerings now that work for many people should be only 10 to $15 a month per line. Unlimited, you're looking at 25, 30 a line you want international, you're looking probably at 40amonth, a lot. So think about what you're paying. Think about, multiply that by 12 and look at how much money is at stake for you shopping around. I'm really proud of our shopping guide that asks you a bunch of questions, helps you see what choice would work best for one person, two people, three, four, whatever. But if you don't like our guide, shop around on your own and you will be stunned how much you'll save. Know that the big three all own their own captive brands. Verizon I think owns nine different sub brands that they own completely. And T mobile has its few at&t to my knowledge only has one sub brand they own. But these things are same network, same towers, same stuff, just a lot cheaper. You know what you don't get with any of these? What's going to be the big pitch when the new iPhone comes out?

The free phone.

The free phone. Get a free phone from us. That is the worst bear trap ever. I mean man, that free food in that trap, why is it there to trap that animal? What's the free iPhone or free Samsung for To trap you as a human at some hugely overpriced rate plan. Don't fall for it.

It's a contract. Basically, you're in a contract to get credits for this phone for a period of time.

Years, three years.

What I love is we'll often hear. I mean, I probably get one email a week at least from someone in the audience from a Clarky who says, I switch to this plan. You know, they usually. It's from using the tool on clark.com and I'm saving $450 a year. I'm so involved. It's so fun to hear that because it's like, you know, money back in your pocket. I've told the story, like, I've had several people in my life where I'm like. They're like, no, well, that can't be the same thing, like switching from Verizon to visible or whatever. Okay. Mike in Georgia wrote, and he said Clark recently mentioned that he sold most of his rental properties. I'm a few years away from doing the same thing. What, if anything, did Clark do to mitigate capital gains taxes?

I paid them. So, okay. I learned so much from people who just stopped me out and about. So a gentleman came up to me who had sold a property, and he was just incensed about the tax he was going to owe. And he was asking me question after question about how to get out of paying the tax. So with investment property, you can do a 1030.

Was it 1030, 1031 exchange?

Because there's 1035, but that's for annuities, I guess, 1031, where you can defer the gain by identifying. There's a procedure where you. You identify another property within 45 days, and you close on within 180 days, blah, blah, blah. This is only for investment property. And I was like, do you want to own something else? And he said, no, I just don't want to pay the tax. I said, okay, so first of all, you owe tax because you had a gain. It's always good to have a gain. Always happy to pay. Well, I mean, nobody's happy to pay tax, but I'm happy that there was a gain that generated the tax bill. Second, tax rates are. We're running these massive deficits because we're spending money we don't have on things we're not willing to pay for, and we're running up these huge deficits. So tax rates right now, by historical numbers, are artificially low. So I would just say you pay the tax and you move on. Because Then you have all the rest of that money is yours. And Mike, you're thinking about being at the stage that I was where I've gone from nine properties to three over a number of years. And every time I just paid the tax. I know it's weird for me to say I was happy to pay the tax, but, well, you know, I wasn't happy to pay the tax, but I was happy that I had the gain that forced me to pay the tax. So just pay up. Typically it's going to be 20% or less is going to be the tax rate. And then you got that money that you made from the years of managing that rental property and the growth that rental property had over time.

Vicki in Florida says after listening to the story of the man appealing his prostate decipher test, I just wanted to let you know my experience. I was billed for a vitamin D blood test and I couldn't believe it wasn't covered. As a nurse, I know how to keep up with research. So I appealed by printing out several peer reviewed studies along with a letter and mailed it to the appeal department. When I called to follow up, they had overturned it and paid. And the best part was they stated they had never seen such a big packet. I had to send it in a manila envelope to appeal. Something so appealing does work. Please share this as a follow up to your listeners.

Vicki, thank you very much. And Vicki's responding to something I talked about that almost nobody ever appeals. You get that notice from the insurance company. They say we're not paying. People say, okay, I'll just have to pay it. That's a strategy from the insurance company. Stand up for yourself. And just as Vicki had a leg up as a medical professional, but you can stand up for yourself and you appeal and you get turned down on that appeal, you appeal again. Wear down the insurance company like they're trying to wear you down.

Joseph in Oregon says, I have many attractive offers to consolidate credit debt to interest free credit cards. In my situation, one of the factors that's holding me back from a higher score is that the average age of my credit accounts is relatively young. In your opinion, does the benefit of paying debt interest free and lowering my utilization rate outweigh the potentially negative consequences of lowering the average age of my account 100%?

First, let's start with the actual practical. You are taking high interest credit card debt and for a period of time turning it into zero percent. So obviously from a financial health standpoint, that's helpful. Second annex to that is the goal should be to get out of credit card debt and just use this as a payment method to avoid costs. So you said lowering the average age of your credit history, that accounts for 10% of your credit score. On the other hand, reducing the amount of your available credit you're using that part is 30% of your credit score. So, yes, you do pinch yourself on one part, but you benefit enormously the other part. So feel good about it, feel comfortable about what you're doing. Remember, the goal, though, is not to move from one card to another to another to another. It's to eventually get to the point that the amount of money you owe is zero dollars. And I want to thank you for being part of today. I appreciate so much you listening or watching our podcast. It brings all of us on the Clark team great joy to be able to reach you with this advice, this information, the opinions that I express, because it's all about you being empowered with knowledge so you can save more and spend less and avoid getting ripped off. And everything we do is about strength on strength, the idea that we provide content to you whatever way you want, whether it's our websites, our social media, our newsletters, podcast, YouTube, YouTube, shorts, markets where I'm on the television news, and markets where I'm on radio. It's all about you. So thank you for being part of our day and allowing us to be part of yours. Coming up on Friday, it's my favorite podcasting YouTube show you get to hear and watch Clark Stinks where you get to hear where I didn't provide good advice, that the information that I gave was incomplete, that I'm just a lame brain. I love it because it's a great way for me to grow. And I've been doing this. Gosh, next year will be 40 years. 40. And so you become set in your ways, creature, habit. And what Clark Stinks does, it's like an electric shock to laziness. Intellectual laziness makes me think wider, think about things in ways I've not thought about and be willing to change my opinion over time when I realized circumstances have changed or I was just wrong. So I want to thank each and every person who posts to Clarkston's because it sure makes a difference for me, my personal growth, my life, and hopefully improves the quality of advice and information that I give. So we'll see you on Friday.