On this episode:
OK fine, maybe it’s time to listen to some tunes by Crosby, Stills, Nash & Young. But a far more important 50th anniversary we’re celebrating is that of the financial planning industry. Listen to Ric Edelman share some exciting news relating to this anniversary and how he helped to shape the industry.
The stock market was up nearly 20 percent in the first nine months of the year. But because of the trade wars, American businesses are seeing a reduction in sales activities and a slowdown in manufacturing. Listen to Ric Edelman explain why this is OK and how it won’t prevent you from reaching your goals.
You are more likely to be ripped off by an online advertisement than a robocall, according to the Better Business Bureau, the Financial Industry Regulatory Authority and the Stanford Center on Longevity. Scammers are even using fake consumer reviews to lure you into buying used cars, vacation rentals and tickets to events. Listen to Ric Edelman reveal more stories about fraud and how to protect your assets.
When you look at a five-star rating of a restaurant, it’s reliable because the restaurant is in total control of the meal they serve you. But the same is not true of mutual funds, which can’t control interest rates, inflation, currency rates, unemployment rates, corporate earnings, government regulations and technological change. Listen to Ric Edelman’s advice on how to evaluate mutual funds the right way.
These callers were prerecorded and prescreened.
Loren Dunton Lifetime Achievement Award (2017) Presented by the International Association of Registered Financial Consultants (IARFC). Candidates must hold a professional designation and must have disseminated their comments on financial topics by having them widely published in articles, journals, books, etc. They must have provided outstanding personal service or leadership in the financial services industry. Nominees must have participated in some aspect of financial education to the public or to other members of the profession. Investor experience/returns were not considered.
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.
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.