On this episode:
This is now officially the longest bull market in the 90-year history of the S&P 500. That makes this bull market twice as old as the average bull market. This is all very exciting, but listen to Ric Edelman explain why you might be doing something wrong if you’re not enjoying this economic opportunity and prosperity.
Two major shipping companies have formed a blockchain platform to reduce paperwork, which accounts for about 20 percent of costs.And now Facebook is ready to launch its own digital currency called Libra. Listen to Ric Edelman share other exciting developments and explain the opportunities.
Even the mainstream media is beginning to recognize that we’ve got to do something about the looming Social Security crisis. And what should you do if you’re approaching age 62? Listen to Ric Edelman share advice with you on when to claim Social Security.
The new rule is supposed to set a standard for all financial advisors to serve their clients’ best interests. Unfortunately, there aren’t too many people in the industry who agree, and the rule could cause confusion for investors like you. Listen to Ric Edelman explain more and set the record straight with this new rule.
These callers were prerecorded and prescreened.
An index is a portfolio of specific securities (common examples are the S&P, DJIA, NASDAQ), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results.
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.
In 2011 The Truth About Money 4th Edition received the Book of the Year Award from the Institute for Financial Literacy for Excellence in Financial Literacy Education. Each year, the Institute for Financial Literacy presents EIFLE Awards to individuals and organizations that have shown exceptional innovation, dedication and commitment to the field of financial literacy education.