Do you really know the differences between stocks and bonds? Can you define capital gains and losses? Can you explain to a friend the meaning of asset allocation? Join Ric Edelman for a lesson in financial literacy and improve the fundamentals of your personal finances.
A reverse mortgage is literally the opposite of a traditional mortgage. Instead of sending a monthly check to the bank,the bank sends a monthly check to you.It sounds like a nifty concept, but is it too good to be true? Listen to Ric Edelman explain the truth about reverse mortgages.
A listener calls the show because he needs help deciding what to do with a pension. His employer is terminating the pension plan and now he must decide between taking a lump sum or a monthly payment. Listen to Ric Edelman explain why this is increasingly happening with pension plans and how to make a decision that’s right for you.
Maybe you don’t need to borrow money and already have a great credit history. But, you should still check your credit score because it’s how you could detect fraud. Or you might discover that someone has stolen your identity. Listen to Ric Edelman explain another very important reason to check your credit score and how to do it for free.