Bulls, Bears, Lions, Tigers and Pigs — Oh My!

A listener calls into the show with a question about passive losses that he’s accumulated through an enterprise. One way to offset these losses is with a passive income generator (PIG). But it gets tricky and, quite frankly, kind of whacky. Listen to Ric Edelman to learn more about PIGs and clarify how Wall Street really works.

This material was prepared for informational and/or educational purposes only. Neither Financial Engines Advisors L.L.C (also referred to as Edelman Financial Engines) nor its affiliates offer tax or legal advice. Be sure to consult with a qualified tax or legal professional regarding the best options for your particular circumstances.