THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
Ric Edelman is the nation’s most acclaimed financial advisor, the #1 New York Times bestselling author of 11 books on personal finance with more than one million copies in print in seven languages, and founder of the nation’s largest financial planning firm, ranked #1 for quality by Consumer Reports. Every weekday, Ric gives you the information you need about the five personal finance topics that matter most today: longevity, retirement security, exponential technologies, digital assets, and health & wellness. Using his trademark humor and unique delivery, Ric makes complex topics easy to understand – as only he can! Ric was ranked three times as the nation’s #1 Independent Financial Advisor by Barron’s, and he’s in both Research Magazine’s and Barron’s Financial Advisor Halls of Fame. He’s also recipient of IARFC’s Lifetime Achievement Award. Investment Advisor, RIABiz and InvestmentNews all named him one of the most influential people in the investment management profession – and he’s been named seven times by TALKERS as one of the HEAVY HUNDRED – the 100 most important radio talk show hosts in the country! Tune in to Ric’s show every weekday for the knowledge you need to achieve financial success! For more information, visit www.thetayf.com
Episodes
December 6, 2024 • 39 mins
Paper checks remain a popular payment method in the U.S., despite skyrocketing fraud rates and safer digital alternatives like Zelle, PayPal, and Bitcoin. As criminals exploit vulnerabilities like mailbox theft and check washing, it's time to embrace 21st-century payment methods. And Ric discusses the latest in Alzheimer's drug treatments and lower cost blood test with Mark Roithmayr. He's the CEO of the Alzheimer's Drug Discovery ...
Mark as Played
December 5, 2024 • 12 mins
Hiring your children through complex schemes like family management companies or S-corps isn't necessary to achieve your financial goals. Instead, you can pay your kids for legitimate earned income tasks to fund a Roth IRA in a simple and legally sound way. With major institutions eliminating tuition and AI reducing operational expense college is becoming more affordable than ever, freeing families from overwhelming financial burde...
Mark as Played
December 4, 2024 • 8 mins
Colleges are increasingly outsourcing programs to third-party companies while maintaining their prestigious branding, raising questions about value and quality, and underqualified instructors. Meanwhile, lawsuits allege financial aid price-fixing by elite universities, further highlighting the disconnect between college costs and the actual needs of employers who prioritize skills over pedigrees.
#CollegeScam #EducationReform #Clou...
Mark as Played
December 3, 2024 • 23 mins
With the new Administration's positive attitude on crypto, bitcoin is up 50% since the election. The growing enthusiasm is sparking interest from investors who've been sitting on the sidelines. Ric answers questions on how to invest, how much to invest, tax implications and much more.
#Bitcoin #CryptoInvesting #Blockchain #Ethereum #DigitalAssets #InvestSmart #CryptoStrategy #WealthManagement #FinancialPlanning #LongTermGrowth #Inv...
Mark as Played
December 2, 2024 • 6 mins
An AI-powered robotic companion for older adults, ElliQ, is being tested to reduce loneliness and provide engagement, but concerns remain about its about potential abuse, lack of regulation, and reliance on robots over human interaction. And plan to join us fortwo engaging webinars next week: “What the Election Results Mean for Crypto” on December 9th, covering legislative and regulatory changes and crypto investment strategies, an...
Mark as Played
November 27, 2024 • 12 mins
To achieve true diversification and reduce market concentration risks, Ric discusses alternative strategies beyond traditional S&P 500 index funds. Equal-weighted ETFs like Invesco's RSP and mid-cap growth funds like OEGAX provide more balanced exposure and potential growth opportunities by focusing on smaller and mid-sized companies. And retirees receiving Social Security benefits may find that earning extra income may result in a...
Mark as Played
November 26, 2024 • 9 mins
As the Truth About Your Future comes to an end next month, in addition to being on Ric's list for updates, he suggests three industry leaders in the evolving world of crypto to follow for their expert insights. He also emphasizes the importance of doing your own research. Following up on yesterday's show covering groundbreaking medical breakthroughs, today Ric highlights future innovations, including quantum teleportation of partic...
Mark as Played
November 25, 2024 • 8 mins
Three quarters of U. S. adults are now either overweight or obese. One in three children are now fat. But help is on the way from new drugs that not only fight obesity but have beneficial effects in fighting a variety of ailments. The impact on health and the economy will be transformative.
#ObesityCrisis #HealthAwareness #MedicalBreakthroughs #WeightLossDrugs #GlobalHealth #HealthyLiving #EconomicImpact #ChronicDiseasePrevention #...
Mark as Played
November 22, 2024 • 32 mins
As Chegg has plummeted in value due to competition from AI tools like ChatGPT, investors must embrace innovative, forward-thinking companies rather than outdated ones. Plus, while mutual funds may have higher fees compared to ETFs, deciding to switch should depend on long-term investment goals rather than solely on expense ratios or capital gains taxes. And, Adam Nash, co-founder of Daffy explains donor-advised funds (DAFs), tax-ad...
Mark as Played
November 21, 2024 • 15 mins
For those intrigued by crypto but hesitant to invest directly in assets like Bitcoin or Ethereum, a “picks and shovels” strategy—investing in companies or ETFs like State Street's SPDR® Galaxy offerings that support the blockchain ecosystem—offers a diversified and potentially less volatile alternative. And a listener faces a tough decision about gifting her son $250,000 for his divorce-related financial needs, weighing the potenti...
Mark as Played
November 20, 2024 • 9 mins
With fewer people over 50 becoming grandparents, questions about elder care and financial planning grow critical. For those without children or estranged from family, proactive estate planning, long-term care funding, and giving inheritance early are essential strategies for a fulfilling and secure retirement. Retirees, especially Baby Boomers holding 52% of U.S. wealth, will need to balance annual spending and Ric discusses the tr...
Mark as Played
November 19, 2024 • 18 mins
South Korea faces a demographic crisis with the world's lowest birth rate of 0.72, and globally, nations face falling fertility rates, sparking initiatives like cash incentives, subsidized childcare, and retirement reforms to sustain aging populations. And the 4% withdrawal rate remains a reliable guideline for retirees, designed to preserve principal indefinitely when applied to a diversified 60-40 portfolio with average returns ...
Mark as Played
November 18, 2024 • 13 mins
OpenAI, creator of ChatGPT, is making waves with a $150 billion valuation and substantial funding efforts from tech giants and institutional investors. This immense financial backing aims to support the expensive computational demands of AI development, though the true payoff for investors remains uncertain as AI continues to evolve and raise questions about its societal impact. Plus, a look at an AI analysis in the Nevada school s...
Mark as Played
November 15, 2024 • 46 mins
As the Social Security Trust Fund nears depletion, Americans face potential 20% cuts to benefits starting in 2034, which could significantly affect their retirement security. Financial advisors must help clients understand the importance of personal savings and investments to secure a stable retirement income. And, Michael Saylor, founder and chairman of MicroStrategy, has transformed the company into a major bitcoin investor by re...
Mark as Played
November 14, 2024 • 11 mins
With interest rates fluctuating, finding reliable investment income can be challenging. Ric discusses two Invesco ETFs offering income generation, downside protection, and low fees as one offers equal-weight exposure across all 500 S&P stocks for balanced diversification. And Ric discusses the importance of maintaining cash reserves and what can happen if you don't.
#InvestmentIncome #ETFs #MarketVolatility #IncomeGeneration #Inves...
Mark as Played
November 13, 2024 • 14 mins
The election of Donald Trump means shifts in tax policy, financial legislation, and economic strategies, and changes are expected in personal income taxes, estate taxes, and policies affecting student loans, health insurance, Social Security, and tariffs, all with potential impacts on household budgets.
#TrumpTaxPlan #SenateShift #FinanceFuture #LowerTaxes #Crypto #EstateTaxRelief #StudentLoans #HealthInsurance #SocialSecurity #Tar...
Mark as Played
November 12, 2024 • 12 mins
With Bitcoin rising 31% in just seven days, Ric examines the impact of the election on the candidates and on the future of crypto. Ric looks at the efforts around the country to institutionalize crypto in state and local government payment options, and what you need to know about investing in Bitcoin.
#BitcoinBoom #CryptoRevolution #ElectionImpact #TrumpWins #SenateFlip #CryptoLegislation #BlockchainFuture #BTCtoTheMoon #SupplyAnd...
Mark as Played
November 8, 2024 • 43 mins
Crypto’s early days were marked by risk-takers with little attention paid to regulation. Now, forward-thinking Wall Street veterans have introduced crypto’s 'adult supervision'" and structure. Owning a vacation home with friends or family may seem like a dream, but shared ownership comes with complex responsibilities and potential conflicts. Plus, when deciding how to fund a family expense, consulting a financial advisor is essenti...
Mark as Played
November 7, 2024 • 18 mins
Ric discusses three topics that both investors and advisors need to understand: The importance of E&O insurance if something goes wrong...The Invesco S&P 500® Quality ETF (SPHQ)...and Defining Comprehensive Financial Planning.
#Invesco #SPHQ #Top100Stocks #SP500 #QualityStocks #IRAInvesting #FinancialAdvisor #PortfolioStrategy #InvestmentOptions #SmartInvesting #ETFs #MarketCap #InvestmentSwitch #ETFInvesting #RiskManagement #Compr...
Mark as Played
November 6, 2024 • 16 mins
Ric takes a deep dive into America's decision on the 34 Key Topics of Election 2024 that he's been discussing over the past month. Plus, what a friendly Administration and additional gains in the Senate means for the future of crypto growth and regulation.
#2024Election #ElectionResults #TrumpWins #KamalaHarris #CloseRace #CryptoVictory #EconomyMatters #AbortionDebate #BorderSecurity #NationalSecurity #BitcoinBoom #FutureOfRegulati...
Mark as Played
Popular Podcasts
Good Game is your one-stop shop for the biggest stories in women’s sports. Every day, host Sarah Spain gives you the stories, stakes, stars and stats to keep up with your favorite women’s teams, leagues and athletes. Through thoughtful insight, witty banter, and an all around good time, Sarah and friends break down the latest news, talk about the games you can’t miss, and debate the issues of the day. Don’t miss interviews with the people of the moment, whether they be athletes, coaches, reporters, or celebrity fans.
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
If you can never get enough true crime... Congratulations, you’ve found your people.
The official podcast of comedian Joe Rogan.
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.