Listen to The Truth About Money with Ric Edelman

Ric gives you comprehensive, educational advice that is both entertaining and useful.

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On this encore episode:

  • How to start investing with just $1,000
  • The reverse logic of a reverse mortgage
  • Understanding a systematic withdrawal plan for retirement

Included in this recording is the concept of Dollar Cost Averaging. Dollar Cost Averaging does not assure a profit or protect against a loss in a declining market. For the strategy to be effective, you must continue to purchase shares in both up and down markets. As such, an investor needs to consider his/her financial ability to continuously invest through periods of low price levels.

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