Full Show: Breaking Down ETFs/Index Funds/Mutual Funds and Retirement vs. Brokerage Accounts

Video Description

Confused about ETFs, index funds, and mutual funds? Fiduciary financial advisor Wes Moss breaks down these "cousins" of investing – including when to use them. Also, retirement accounts vs. brokerage accounts – what’s the difference and what’s the best option for you? Wes explains everything you need to know! Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the May 13, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions: https://clark.com/ask Learn more about Wes: https://www.yourwealth.com/team/wes-moss/ 00:00 - Intro 00:49 - Breaking Down ETFs/Index Funds/Mutual Funds 11:53 - Ask an Advisor - Should I prepay for my August Canadian fishing trip now to lock in exchange rates or wait and risk paying more if the U.S. dollar keeps dropping? (Tony in Illinois) 17:18 - Ask an Advisor - Should I book a Mediterranean cruise with my future in-laws now or wait for prices to drop? (Amanda in North Dakota) 19:58 - Ask an Advisor - Is it worth paying more for Main Cabin over Basic Economy on Delta just for flexibility and Sky Club access? (Mark in Georgia) 22:58 - Retirement vs. Brokerage Accounts 29:47 - Ask an Advisor - We make $250K and save $3K/month, but homes are $1M+—should I cut 401(k) contributions to save faster for a down payment? (Skylar in Washington) 33:23 - Ask an Advisor - I returned to the ER for a follow-up I thought was free but got billed again—was I misled? (Shelley in Florida) 35:34 - Ask an Advisor - Can I gift my daughter appreciated S&P 500 shares so she can sell them in her low tax bracket and avoid capital gains? (Dave in Virginia) Clark.com: Advice You Can Trust: SUBSCRIBE: https://www.youtube.com/c/Clark Listen To The Clark Howard Podcast: https://clark.com/podcast Apple Podcasts: https://podcasts.apple.com/us/podcast/the-clark-howard-podcast/id207724573 Spotify: https://open.spotify.com/show/3lrwhe2fO5GjZQKntfJZf6 iHeartRadio: https://www.iheart.com/podcast/8-the-clark-howard-podcast-28200731/ Follow Us for More Money Tips: Website: https://clark.com/ Podcast: https://clark.com/podcasts/ Newsletter: https://clark.com/newsletters/ Instagram: https://www.instagram.com/theclarkdotcom/ Facebook: https://www.facebook.com/clarkhoward/ Need Consumer Advice? The Consumer Action Center is a free resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET. If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later. Our Promise to You: At Clark.com and ClarkDeals.com, we do not get paid for endorsements or reviews of any product or service, nor do we allow advertisers to place paid content on our sites. More information: https://clark.com/ad-disclosure/