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Ric Edelman's The Truth About Money
     
 


When it comes to teaching children about money, you should get them involved early…as young as 7 or 8 years of age. Have them help with the bill paying. Expose them to preparing your tax return. And, if you have the money, set up a brokerage account for them and let them pick a stock or two.

 
     
     
 


Sure, people with $100 million have estate planning needs, but so does that 18-year-old — and everyone in between, regardless of wealth. No exceptions.

 
     
 
     
 
Tips to help improve your tax situation before the end of the year

You only have a few weeks left to act! Listen to Ric share seven tips to potentially reduce or defer your taxes for 2019.

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Q&A 


If you think you should be selling when the market drops, you could be making a classic mistake that millions of others make. But there’s something else you could do instead. Read Ric’s advice on what investors might do during a down market.



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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.

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