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Ric Edelman's The Truth About Money
     
 


Do you enjoy watching classic Christmas-themed movies such as It’s a Wonderful Life and A Christmas Carol? I enjoy watching them too, but last year something began to gnaw at me. After thinking analytically about those two movies, I asked myself: Who’s the better financial role model — George Bailey or Ebenezer Scrooge?

 
     
     
 


Some investment pitches are obviously bogus, but what if someone you know makes you an offer that sounds like a sure winner? You might act on faith — and lose much or all of your life savings.

 
     
 
     
 
It’s a perilous time of year for your personal finances

Nearly two-thirds of people feel pressured to overspend during the holidays and more than 134 million will go into debt this season. Listen to Ric share strategies to keep your finances safe this holiday season.

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Q&A 


A reader who owns his own business wants to know whether it makes more financial sense to buy a new piece of machinery or whether it would be better to fix the broken one he currently has. Read Ric’s response to this question and his perspective on this problem.



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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.

All information provided is for education purposes only and does not constitute investment, legal, or tax advice, an offer to buy or sell any security or insurance product or an endorsement of any third party or such third party's views. Whenever there are hyperlinks to third-party content, this information is intended to provide additional perspective and should not be construed as an endorsement of any services, products, guidance, individuals, or points of view outside Edelman Financial Engines. All examples are hypothetical and for illustrative purposes only. Please contact us for more complete information based on your personal circumstances and to obtain personalized individual investment advice.

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. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

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