THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

Coming up on the show today: What is the merge in crypto, a look at the impact of the world's energy crisis, your favorite automaker is now making NFTs, the mainstreaming of crypto, a new low cost MRI - it's a game changer - plus, our health and wellness segment with my wife, Jean Edelman. It is The Truth About Your Future, and one of the biggest truths we're all dealing with these days is the cost of electricity. This is a global crisis, particularly in Europe, where the cost of electricity is up 10X from a year ago. No, not 10% - 10X - which means what used to cost $10 is now $100. People who used to be spending $100 a month on their energy bill are now paying $1,000. The European Commission is trying to solve this dilemma. Energy prices are based on oil and natural gas prices, and we don't have enough oil or natural gas flowing into Europe, and it's all because of the war. The Russian government has shut down the oil pipeline there, strictly reducing the amount of natural gas that they're allowing to flow into Europe. And what they are providing, they're selling for too high a price. The CEO of Shell says Europe is going to have to ration energy for years to come. This is a huge issue, way more expensive than the decade long average in line with a 14 fold increase in the cost of gasoline. And the irony of all this - the horrifying part - is that Moscow is now making more money from oil than it did before the war. Russia's pumping almost as much oil as before and selling it for higher prices. Who are the buyers? Pakistan, India, and China predominantly. Russia has earned $20 billion a month this year selling its oil versus $15 billion before the war started. And they've got new markets: the Middle East, Saudi Arabia, United Arab Emirates, the UAE, and Egypt. They're all buying in addition to India, Pakistan, China, and Turkey. India, in fact, is now Russia's biggest customer. Russian exporters are often labeling their oil as coming from Iran or Venezuela to fool buyers who really don't want to support Russian oil exports. It's becoming a really big problem, and it's contributed to the fact that the Euro has fallen 15% in the past year. It fell to a 20 year low in August, and now investors are saying it's going to fall in value even more. Most contracts in the options market are against the Euro than at any time since the start of the pandemic back in March of 2020. In other words, most investors are betting that the Euro is going to fall even further than where it is now. And this is all because of the energy problem, which is sharply contributing to the inflation problem in Europe - the Euro inflation is running at 9%. So what are the countries around the world trying to do about it? Guess who has launched an NFT collection? The car company Kia. They've launched 10,100 NFTs, and they're not the only car company to have done that. Lamborghini, Mercedes, Chevrolet, Hyundai, Porsche, Bentley - all of them have launched NFTs. At Alfa Romeo, if you buy a car, you get an NFT. It records the vehicle's data and serves as proof that you've maintained the car properly, which improves its value. I mentioned on a previous program that one of the most popular investment products out in the marketplace today are annuities. They've hit a new record - $74 billion have been invested in these things in just the last three months. Why are so many people throwing so much money at annuities? Well, it's pretty obvious, isn't it? Annuities offer a guaranteed return. Compare that to the stock market, which not only isn't guaranteed, has been losing double digits this year. Bonds are down double digits this year. Crypto is down double digits this year. Real estate is beginning to fall in value. So increasingly, investors want a safe guaranteed return and they're turning to annuities to get them. Ask Ric a Question on the Show

Coming up on the show today, what's happening in the real estate market, a conversation with Anthony Pompliano, the Latest on cybersecurity and investing in ESG with Pedro Palandrani. Plus Jeans Word of the week. The Pomp Podcast Pedro Panadrani Ask Ric a Question on the Show

On today’s show: Single stock ETFs, new scams you need to be aware of, a conversation on what kind of life insurance you need with Todd Hillstead, executive director of financial planning at Edelman Financial Engines, and this week's health and wellness segment by my wife, Jean Edelman. I also interview Jenny Johnson, President and CEO of Franklin Templeton, on the company’s focus on innovation and digital assets. Ask Ric a question on his show.

On this week's show: A look at today's markets, the latest on CBDCs in the U.S. and around the world, ways you can invest in innovation, understanding the term duration and why you need to care about it, and Jean's word of the week. Also, I'll discuss the question, Is college really worth it? You've seen the letters QQQ in ads -- I'll talk to Ryan McCormack from Invesco -- their flagship ETF is Invesco QQQ. Let's get started with where we all are and the turmoil you've been experiencing personally and observing in the economy. There's one segment that is doing incredibly well -- very, very strong -- the U.S. dollar. When we compare the value of the U.S. dollar to other currencies around the world, we discover that our dollar is going up in value and other countries' currencies are going down in value. Well, is that a big deal? Isn't that good news? Well, not necessarily. Johnson & Johnson just reported that its profits are going down because the dollar is going up. The company says it generates half of its sales outside the U.S., so think about this: if you live in Europe, and you want to buy a product from J&J, you have to use your Euro to buy something that is manufactured in dollars. So the lower your Euro, the more of them you have to spend. In other words, you've got a big price increase for Johnson & Johnson products, even without inflation. J&J says that the strong dollar is costing the company $4 billion in sales. Microsoft and IBM are saying the same thing. A dollar, so far this year, is up 12%, so a strong dollar is actually bad news for American businesses trying to sell overseas. Ask Ric a question on his show. Visit The Truth About Your Future with Ric Edelman.

Coming up on the show today: Are we in a recession? Along with crypto regulation, the latest on Alzheimer's research, paying your bills on time, crypto mining is helping the energy grid, the future of college degrees, electronic skin and this week's health & wellness segment with Jean Edelman. Ask Ric a question on his show.

On today’s show: My reaction to President Biden’s plan to forgive student loans, the latest on the markets, understanding the Covered Call strategy, can you spot a deep fake, and this week's health and wellness segment by my wife, Jean Edelman. Ask Ric a question on his show.

On today's show: How universities are saving money at the expense of students, the latest on municipal bonds, the college dropout rate, NFTs and the metaverse, the growth of CBDCs, and this week's health and wellness segment by my wife, Jean. You know, I'm a big critic of college and the college cost, and the challenge of getting our students the education they need at a price that they can afford. Now we've got new data from the Chronicle of Higher Education: a third of college students are thinking of dropping out. Faculty say a third of their students are absent from class or not participating when they're there. 76% of students say they're suffering emotional stress. That's the reason they're talking about dropping out of school. The rest say the coursework is simply too difficult. If you've got a student in college, you need to talk to them about their attitude about college. Are they thinking of dropping out? That could be $50,000 down the drain for you if they've done so. Universities, meanwhile, are trying to save money, lowering the cost of attending college; hundreds of schools, including Vanderbilt, Berkeley, and USC, they're now hiring companies to create and teach classes without the students knowing that they've been outsourced. These online education companies use .edu email addresses of the universities to recruit students into their courses. They also get phone numbers with university area codes. Are you sure that the tuition dollars you're paying are resulting in your student getting taught on campus by an actual member of the university faculty? Or are you being bamboozled? You need to talk with that university and that college to make sure you really understand who's teaching what to your child. Ask Ric a question on his show

On this week’s show: Did your stimulus check really help? Prices and inflation, a conversation with Matt Hogan, CIO of Bitwise Asset Management, on the latest in the crypto market, how to deal with end-of-life decisions, a 13-question Social Security quiz, and this week's health and wellness segment by my wife, Jean Edelman. Ask Ric a question on his show.

On today's show, how Roe v Wade is going to impact more than just unborn babies. A new Bitcoin lawsuit against the SEC, the growth of CBDCs, the coming digital dollar and this week's health and wellness segment by my wife, Jean Edelman.

Welcome to the program. What's going on with crypto, longevity and aging? Tyrone Ross, one of the 40 under 40 most important people to watch in wealth management, track and trace transponders track cheese, listener phone calls. And this week's health and wellness segment by my wife, Jean Edelman

On this week’s show: A conversation with Jon Maier, CIO of Global X ETFs, on the best way for investors to manage their investments in this marketplace. College graduates who regret going to college. The Hoover Institution's Report on digital currency. The Human Genome Project, reversing ageing with Sea Squirts, and Jean's Word of the Week. Ask Ric a question on the show.

On this week's show: a half billion dollars for Bob Dylan songbook, managing your money in today's economic environment, the growth of the metaverse, a conversation with SEC Commissioner Carolyn Crenshaw, free savings accounts for first graders, Gucci getting into NFTs, and Jean's Word of the Week. We all know the mess the world is in, so we're going to change it up this week and we're going to talk about the fact that the world's going digital. That includes the music industry and major retailers. DJ Justin Blau has teamed up with an electronic musician who goes by the name of Diplo. They created a song and sold 20% of the streaming royalties to fans via NFTs. Snoop Dogg sold an NFT attached to his latest album and generated $40 million in sales in five days. DJ Steve Aoki says he's made more money selling NFTs than he did from ten years of selling records. And at Universal and Sony, they paid $500 million to buy Bob Dylan's songbook. And just as I predicted they were going to do: They are now getting ready to sell Bob Dylan NFTs. Spotify is going to add blockchain technology and NFTs to its streaming service to boost artists earnings. Ask Ric a question on his show.

Coming up on the show today, important tax tips, weddings, the latest on crypto, what makes you happy, your Social Security check, and Jean's word of the week. Ask Ric a Question on the Show

Student loan debt, homes sales’ impact on the economy, and innovation at the Fed. I’ll talk to Beth London from Edelman Financial Engines about life post-career, and this week's health and wellness segment by my wife Jean. Ask Ric a Question on his show: https://www.thetayf.com/pages/talk-to-ric-on-his-show

On today's show: The challenge of buying a home in today's market, investing in electric vehicles, and battery technology. Also, are we going to spend our way out of debt? We'll look at hard forks, and this week's health and wellness segment by my wife, Jean Edelman. There's more to talk about in the world of personal finance and the five subjects that matter most than merely what the markets did this week. 65% of all the people in the United States are in families that own a home. Home prices are now at an all time high, up 15% from last year. The median home price is now $375,000, meaning half of all the houses cost more. Half of them cost less. Homeowners in the last two years have gained $6 trillion in new wealth because of the increased equity in your house. The average homeowner over the past two years now has an extra $67,000 in new home equity that's available to you. You get a home equity loan or a home equity line of credit. You've got $67,000 at your fingertips that you can use for whatever you want to use it for. But at the same time, mortgage rates are now at 5% and rising. They're rising, in fact, at the fastest pace in 35 years. Mortgage rates a year ago were 3%. And as a result of all this, a quarter of homebuyers today are now paying cash. That's the highest percentage of homebuyers ever. Ask Ric a question on his show: https://www.thetayf.com/pages/ask-ric

The crash of crypto lender Celsius, a new credit card from American Express, and current volatility and how to handle it. I'll talk to Matt Hougan from Bitwise and this week's Health and wellness segment by my wife Jean. Ask Ric a Question on his show: https://www.thetayf.com/pages/talk-to-ric-on-his-show

Here's what's happening on the show today: what powers the blockchain, aging and birthrates, brain computer interfaces, assistive exoskeletons, Anna Paglia of Invesco, correlation with crypto and this week's health and wellness segment. Invesco Anna Paglia Talk to Ric on his show

Welcome to the program. Here's what's happening on the show today: handling mortgages in today's economy, what's going on economically with the Russia-Ukraine conflict, life insurance bonds, the bad boy of banking, Wells Fargo robots, an interview with Isabel Barrow from Edelman Financial Engines, and this week's health and wellness segment by my wife, Jean Edelman. Talk to Ric on his show

People are more pessimistic about the financial markets than they were even at the start of the pandemic, and even more so than during the 2008 credit crisis. Fund managers expect the Fed to raise rates seven times this year. Inflation has been rising at the fastest pace since 1981. What does this all mean for you? Also, an interview with Barry Metzger from Schwab and Jean's word of the week. Ask Ric a question on air: https://www.thetayf.com/pages/talk-to-ric-on-his-show

Welcome to the program. We're going to talk about what's going on in the market: the stock market, bond market, and crypto market. And a new, controversial proposal from FINRA. I'll also have an interview with Matt Hougan, from Bitwise Asset Management, where we talk about whether people are right to be worried about Bitcoin being down 50% or more, and what does it all mean? And Jean's Word of the Week. Ask Ric a question on the show.

Welcome to The Truth About Your Future. On today's show, understanding airdrops, long term care insurance, the newest cancer treatments, Master Limited Partnerships, prepping for retirement, listener phone calls, an interview with Rohan Reddy, Director of Research at Global X ETFs. And this week's health and wellness segment by my wife, Jean Edelman. GlobalX ETFs Ask Ric a Question on the Radio

On today's show: Regulation in the crypto market, the status of rent in America, understanding what a DAO is, the state of financial literacy, drone defibrillators, Jean's word of the week, cook, an interview with Invesco's Rene Reyna, and a lot more! Invesco Talk to Ric on His Show Truth About Crypto

On today's show, a look at aging, defining NFTs, understanding crypto, robots, and this week's health and wellness segment by my wife, Jean Edelman.

Read Ric’s Take On “Complex Investments”, The State of Financial Literacy, and The Many Questions That FINRA Needs To Answer

New opportunity to build wealth in retirement plans at work

On today's show, a look at prepping for retirement, explaining the trust economy, the challenge of today's market, guess what country is now publishing my new book, how dogs smell, and this week's Health and wellness segment by my wife, Jean Edelman.

On today's show, a look at crypto taxes, today's gas prices, how to make passive income in your home without resorting to Airbnb, stablecoins, the state of the Refi Market, a tribute to Fidelity's Ned Johnson, listener phone calls and Jean's word of the week, purpose. The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

And a very happy weekend to you. Welcome to The Truth About Your Future with Ric Edelman. In this week's show - problems in the bond market, the Black Panther, why is the stock market so calm, and an income alternative to bonds. Plus, listener phone calls and this week's health and wellness segment by my wife, Jean Edelman. The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Welcome to the truth about your future with Ric Edelman. You know, this show is all about personal finance, and that's the reason we talk about investing on this program. I mean, how can you not talk about investing if it's a show about personal finance? So, in your efforts to pay attention to the long term, in your efforts to stay focused on what really matters, we've got to recognize that it is sometimes a little treacherous. We need to protect ourselves and our efforts to achieve wealth. And that means protecting ourselves from fraud and abuse. Call Mark, from Madison, WI, asks how my new show works. Hammer, Jean's Word of the week The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us Twitter LinkedIn Facebook Instagram

You're listening to The Truth About Your Future. I'm getting a lot of questions from folks, a lot of emails over the past several weeks pertaining to the war in Ukraine wondering, gee, the Russian stock market is closed. This occurred because the economic sanctions caused Russian stock prices to fall 40% in value, and then Putin shut down the exchanges. The financial markets are closed in Russia because of the economic crisis that the war has created, not just in Ukraine, of course, but also, in fact, in Moscow. And it has led to some folks writing to me asking Ric, could that ever happen here? Could our stock market ever close?

The bond market, The future of health care, Women and financial planning, What is a crypto private key? Wal-Market’s vertical farming New, Jean’s Word of the Week Guest: Isabel Barrow of Edelman Financial Engines Guest: Dr. Daniel Kraft, MD, chair of the XPRIZE Pandemic Alliance, faculty chair for medicine at Singularity University, founder of Digital Health and Continuum Health Ventures. The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

What is the Metaverse? Ukraine and our economy, exponential technologies, How to invest in crypto, The metaverse, How focused ultrasound will change how we treat disease, Metcalfe’s Law Age, Jean’s Word of the Week Guest: Dr. Neal Kassell, MD, founder and chairman of the Focused Ultrasound Foundation, The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Investing in picks and shovels, Caller questions, Adding digital assets to your portfolio, Predictive medicine Curious, Jean’s Word of the Week Guest: Matt Hogan, a leading expert on crypto ETFs and FinTech The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Planning your future in the face of uncertainty, Caller questions, Putting your money in context, Exponential technologies, The best-kept secret in medicine. What’s a CBDC? Emotions, Jean’s Word of the Week Guest: Ryan McCormack, chief strategist for the Invesco QQQ ETF The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

The truth about your will, Stacking Sats!, Extended retirement, Your digital legacy, Planning for health instead of retirement Notice, Jean’s Word of the Week Guest: Matt Kunke, research analyst for digital assets at Global X ETFs Guest: Jean Chatzky, co-host of Everyday Wealth and CEO of HerMoney.com The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Get your paycheck in bitcoin, Crypto, NFTs and CBDCs, Preventative medicine, Exponential technologies Routine, Jean’s Word of the Week Guest: Dr. Dean Ornish, MD, president and founder of Preventive Medicine Research Institute, creator of the Ornish Reversal program and seven-time national best-selling author The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

The difference between lifespan and healthspan, Market volatility, Alzheimer’s Disease What is blockchain? Aging and wellness, Decentralization Teachable, Jean’s Word of the Week Guest: Matt Hogan, CIO at Bitwise Asset Management, the world’s largest provider of crypto index funds. Guest: Dr. Laura Carstensen, Director of the Stanford Center on Longevity The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Outliving your money, The state of the market, Digital assets, Exponential technologies ,Investing for longevity, Crypto fraud Power, Jean’s Word of the Week Guest: Ryan McCormack, chief strategist for Invesco QQQ, the fifth largest ETF The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Ric’s transition from a $7 billion business to launching 2 startups. Anticipating transitions in your own life. Is bitcoin in your portfolio? Exponential technologies transition, Jean’s Word of the Week Guest: Jay Jacobs, head of research and strategy at Global X ETFs The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Become your own bank with Blockchain and Defi. Why middlemen are a thing of the past Non-Fungible Tokens Luck, Value, Jean’s Word of the Week Guest: Anthony Scaramucci, founder and CEO of SkyBridge Capital and ranked among the top 100 most powerful people in global finance The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Alzheimer’s Disease, Medical breakthroughs, Exponential technologies, How to build wealth with digital assets, Love, Jean’s Word of the Week Guest: Matt Hogan, Bitwise, leading expert on crypto ETFs and FinTech Guest: Paul Irving, chair of the Milken Institute Center for the Future of Aging The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram

Planning for your 100th birthday, Ric’s new chapter in life, Digital assets, Investing in a digital world Honor, Jean’s Word of the Week Guest: Dr. Ken Dychtwald, founder and CEO of AgeWave, world’s leading expert on aging Ask Ric a Question The Truth About Your Future DACFP Advisor Directory Ask Ric a Question Follow Us! Twitter LinkedIn Facebook Instagram