On this episode:
Foreign investors bought $64 billion worth of stocks in June. But then in August, American investors sold $46 billion in stock mutual funds. Listen to Ric Edelman explain the discrepancy and why it’s all about emotion.
Salespeople who only disparage other professionals in their pitches are making a huge mistake. That’s because you never look good when you try to knock down other people. Listen to Ric Edelman share a story about how one salesman used these tactics against our firm and how you can learn to spot these people.
The Internal Revenue Service has been doing a review of taxpayers who have taken early withdrawals from an IRA. That’s because lots of people aren’t paying the 10 percent penalty with their tax returns. Listen to Ric Edelman help you understand the rules so you can avoid facing this penalty.
It took 11 years, but now all households in the U.S. have the same net worth they had back in 2008. This is actually bad news after you account for inflation. Listen to Ric Edelman explain why half of American households are falling behind and how you can keep moving forward.
These callers were prerecorded and prescreened.
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.
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.