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Old 12-30-2008, 06:37 PM   #1
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Thinking-Cap Time....Your $$$$

"The situation is shocking - and no one is more astonished than me. My firm, one of the largest and best-known investment advisory firms in the nation, has placed $4 billion of our clients' assets into retail mutual funds. On my radio and TV shows, through my books, newsletter, website and seminars, I've been the retail mutual fund industry's biggest proponent. For more than twenty years I've said that mutual funds are the best way to save for college, retirement, and every other important financial goal you can name.

No longer. Jean and I have now sold all our investments in retail mutual funds. All my colleagues at Edelman Financial have done likewise, and our clients are following our advice. You need to sell all your retail mutual funds, too."

From page 3 of; The Lies About Money, by Ric Edelman


You need to sell all your retail mutual funds, too.

Just a thought. Good advice, in the Holiday Spirit of Giving.
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I use and talk about, but don't sell Amsoil.
Who is shatto?
06 4.7 Tundra replaced a 98 Dakota 3.9.
623,000 miles on original engine and transmission, using Amsoil by-pass filters and lubrication.
+Everybody knows something you don't know.
+Artists prove truth can be in forms you don't understand.

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Retired Pro-Hunter featured in; 'African Hunter', by James R. Mellon III. and listed in; Rowland Ward's Records of Big Game.
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Old 12-30-2008, 08:58 PM   #2
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What prompted this change? Why aren't mutual funds a good place to invest anymore? When was, 'The Lies About Money' written?
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Old 12-30-2008, 11:24 PM   #3
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Writ in 2007.
Mutual Funds are what Edelman advises, just not retail.
__________________
I use and talk about, but don't sell Amsoil.
Who is shatto?
06 4.7 Tundra replaced a 98 Dakota 3.9.
623,000 miles on original engine and transmission, using Amsoil by-pass filters and lubrication.
+Everybody knows something you don't know.
+Artists prove truth can be in forms you don't understand.

Low-Risk Option Trader
Retired Pro-Hunter featured in; 'African Hunter', by James R. Mellon III. and listed in; Rowland Ward's Records of Big Game.
shatto is offline   Reply With Quote
Old 12-30-2008, 11:25 PM   #4
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His books are only about $5.00 on-line.
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I use and talk about, but don't sell Amsoil.
Who is shatto?
06 4.7 Tundra replaced a 98 Dakota 3.9.
623,000 miles on original engine and transmission, using Amsoil by-pass filters and lubrication.
+Everybody knows something you don't know.
+Artists prove truth can be in forms you don't understand.

Low-Risk Option Trader
Retired Pro-Hunter featured in; 'African Hunter', by James R. Mellon III. and listed in; Rowland Ward's Records of Big Game.
shatto is offline   Reply With Quote
Old 12-31-2008, 10:16 AM   #5
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What's the difference between retail mutual funds and other mutual funds?
Is there a way to buy mutual funds at wholesale prices?
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