Be Wary of Pundits, Prognosticators and Their Predictions

It’s the time of year when so-called experts dust off their crystal balls. It's important that you avoid these predictions because most of the timethey're just making itup. Listen to Ric Edelman explain what you should be focusing on instead.

Investing strategies, such as asset allocation, diversification, or rebalancing, do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.