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The Clark Howard Podcast

10.05.22 Fidelity’s new Robo-Advisor Service / The All-Inclusive Airline Fare Proposal

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 5 October 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

Fidelity has refined their Robo-Advisor service. The new Fidelity-GO is really different. Clark explains the offerings, fees and your opportunity here. Also, Frontier Airlines recently had a zero dollar sale - but there’s a reason you didn’t see it on Clark Deals. This is a problem the Federal government is addressing with a new proposal to require full price disclosure. The game today involves bait & switch. Consumers deserve better - and there may be a comment period…. The New Fidelity GO: Segment 1 Ask Clark: Segment 2 Airfare Price Disclosure: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Fidelity Will Merge Its Robo-Advisor Offerings Fidelity vs. Vanguard vs. Schwab: Which Brokerage Is Best? White House: New rule will show 'true cost' of plane tickets Follow Clark Howard's #1 Rule To Travel Cheap Best Travel Credit Cards: Top Rewards Picks for 2022 Why You Need To Use Your Travel Points Right Now Best Cash Back Credit Cards: Top Picks for 2022 Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you here to the Clark Howard Show.

0:08.2

Our mission is to serve you and empower you so you make better financial decisions in

0:13.7

your life.

0:14.7

One of the best decisions you can make is actually FREE signing up for our daily newsletters at

0:22.5

Clark.com slash newsletters.

0:25.7

Beyond that, something I'm asked about a lot is Robo Investing.

0:33.3

And Fidelity Investments, one of the largest financial houses in the world, has had a really

0:39.0

confusing strategy for helping would-be customers or existing customers with Robo Investing.

0:48.7

And I think they've grown up with it.

0:51.4

They've changed the program and I think now is a good time to give you Fidelity as an

0:57.6

alternative if you want guidance and I'm going to tell you how it works.

1:03.3

And also in this episode, the airlines are fighting mad about a proposed regulation that I

1:11.0

may soon ask you to post comments on because the airlines are going to do everything they

1:17.8

can to astroturf this.

1:22.0

All these fake objections online in the federal record where you get people, you pay people,

1:29.5

or you get your employees and their family members to post stuff so that they'll think people

1:35.5

reviewing a final rule to benefit the public will think, oh, this must be terrible to

1:42.1

have to tell people the truth about what they'll really pay for an airline ticket before

1:46.5

they buy it.

1:47.5

I'll tell you all about that coming up.

1:51.6

And there's homework you should be doing anyway before this proposed rule that I hope goes

1:56.9

into effect actually happens.

...

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