11/27/24: Leveling the S&P 500

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 additional taxes that actually offset their extra earnings. Ric suggests strategies to avoid the trap and recommends talking with a tax advisor. #InvestingStrategy #Diversification #ETFs #FinancialPlanning #S&P500 #EqualWeightETF #MidCapGrowth #MarketConcentration #WealthBuilding #LongTermInvesting #RetirementPlanning #TaxStrategy #SocialSecurity #TaxTorpedo #RothIRA #FinancialAdvising #IncomePlanning #MedicareCosts #ProvisionalIncome #TaxImplications ----- Join our mailing list: https://www.thetayf.com/pages/podcast Subscribe to podcast updates: https://form.jotform.com/223614751580152  Ask Ric: https://www.thetayf.com/pages/ask-ric  -----   Links from today’s show:   Invesco S&P 500 Equal Weight ETF (RSP) https://www.invesco.com/us/en/etf/sp-500-equal-weight-rsp.html Invesco Discovery Mid Cap Growth Fund ETF (OEGAX) https://www.invesco.com/us/financial-products/mutual-funds/product-detail?audienceType=Advisor&productId=FUND-31730 Invesco website: Invesco.com 12/9 Webinar - What the Election Results Mean for Crypto: https://dacfp.com/events/what-the-election-results-mean-for-crypto 12/10 Webinar - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning 2/24-2/26 Wealth Management Convergence-2025 https://www.thetayf.com/pages/convergence-2025 11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income 10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/ Certified in Blockchain and Digital Assets including Crypto Taxation Course/Webinar: https://dacfp.com/certification/ -----   Follow Ric on social media:   Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman -----   Brought to you by:   Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones Schwab: https://www.schwab.com/ TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee