On this episode:
Business Roundtable just issued a new statement on “The Purpose of a Corporation,” replacing the previous statement that had been in place for 50 years. The statement no longer focuses on shareholders and it’s an astonishing development. Listen to Ric Edelman explain the significance and what it means to you.
You can answer yes to both these questions—it’s a matter of perspective. The important point is to avoid focusing too closely on increasing the safety of your investments because there’s a chance you could increase risk. Listen to Ric Edelman illustrate this point.
Are you going to hire a real estate agent or use an online service? A new report warns that the cost of online services can be 13 to 15 percent of a home’s price, compared to a real estate agent’s commission of 6 percent. Listen to Ric Edelman share other reasons you might use a real estate agent instead of an online service to buy or sell a house.
Probably not, but the good news is that you’re starting to get some relief with education costs. That’s because more schools are cutting tuition rates and more grants are becoming available. Listen to Ric Edelman share other stories on the changing nature of college education and how to save money.
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.
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.