The Lies About Money: Why You Need to Own the Portfolio of the Future

I just love Ric Edelman's books! I have them all, and yes! I do listen to his radio show! I have purchased each of my son's Ric's book "The Truth About Money" as a gift. All of his books are basic, easy to read, common sense information. I would love to tell you I have a million in the assests due to following his information, however, I sometimes just can't get out of my own way! Let me just say that I had adjusted my investments according to info I gathered from my Edelman "Reads" just prior to the horrible market "adjustment" a few years ago and it saved me thousands in my 401K and other investments. While I did lose a little $, it was not nearly as bad as it would have been if I had stayed positioned like I was! I have suggested Ric Edlemans books to all my friends and coworkers. Even if you have a financial manager, education is a powerful thing! Be informed, or be a victim!

Great book

A lot of information to help with retirement planning and just financial sense. Do not agree with his point of view on several issues but they are worth thought.

I always felt intimidated by financial jargon. I own investments but didn't understand much about them or how much it was costing me to hold them. I even put off reading this book for a while because, though I knew I wanted to learn more, it seemed much like "homework" so I dragged my feet. But Ric Edelman has a wonderful ability to present the concepts so clearly that I wished I had been introduced to Ric and his books a long time ago. I have gained much understanding, specifically about mutual funds and 25 practices that are common in the industry. Was it a tough read? No way! You probably won't believe it, but the author's use of humor to illustrate his points had me laughing till tears rolled down my cheeks. I'm not a gal who pays any attention to footnotes, but let me just say, you should with this book. . .you'll be glad you did. If you own retail mutual funds you owe it to yourself to read this book.

I am an Investment Adviser Representative (not working with the author) who has 5+ years' experience with seeing it done "the wrong way". Ric makes salient point after salient point about the plenteous conflicts found in the financial system, as well as how to circumvent them. This book is just as relevant in 2013 as it was the day it was published. This book has become desk reference material for my practice, and it's been a valuable aid for assisting clients and prospects with seeing why Broker-Dealer representatives either can't--or won't--serve the individual investor's interests. BRAVO! to Mr. Edelman for writing this book. I look forward to future works from this consumer-first professional mind.