The Lies About Money

Achieving Financial Security and True Wealth

By: Ric Edelman

Narrated by: Ric Edelman

Imagine being able to invest your money the same way the nation's biggest institutional investors, pension funds, and endowments invest. Ric Edelman shows you how to reduce risk, lower your fees, and improve your returns, just like the professional investors who manage billions of dollars, using time-tested, proven methods based on the latest academic research. You'll discover that ordinary retail mutual funds don't follow these fundamental principles, using instead deceptive business practices that interfere with your investment goals.

With insight and strategies that will change people's lives, The Lies About Money offers the truth that everyone is looking for. So come learn how to correctly handle the money in your retirement plan at work (you're doing it wrong), the best way to save for college (grandparents must listen to this!), and how retirees can generate high current income (that is both stable and secure).

Best of all, Ric actually gives you the investment portfolio you need. Use his "Guide to Portfolio Selection" to find out which of his 43 portfolio models is best for you! With his entertaining and breezy style, Ric gives you the most valuable advice on investing you'll ever have.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.; Download the accompanying reference guide.©2007 Ric Edelman (P)2007 Simon and Schuster Inc.

Critic reviews

"Edelman's clear writing and helpful advice are sure to win him a satisfied audience." (Publishers Weekly)

Important Portfolio survey/ support no longer available

There was some great advice in the earlier chapters but the key important thing about this book on how to select the right portfolio is no longer available with any of his website.

Fundamentals!

I did not really understand what I thought I knew. Many people talk about money in a way that assumes we already know how the financial systems work, and, at least I, was too ignorant or too proud to admit that I really didn't. Ric makes no such assumption, and gives you what you need. This is fundamental.

Very Very Useful

Another very useful and candid reference in investing. I love Ric's portion on institutional funds especially.

Knowledgeable

I liked it all. Very informative . They recommended to everybody especially young people. There’s so much to learn about money the earlier, you know the better specially compounding interest most people don’t know what it means.