Top 5 Ric Edelman Quotes
#1. Poor is a state of mind. Broke is a state of wallet. You can fix being broke; it's not so easy to fix being poor.
Ric Edelman
#2. The people who are taking these loans because it's the only way they can afford their house are exposing themselves to a lot of risk. They're not saving money and they're not building equity, which means they could find themselves in a scenario where they owe more money than their house is worth.
Ric Edelman
#3. The lesson: Be aware of the incredible power of social media and the dangers of reacting to news that you haven't verified.
Ric Edelman
#5. I think that the consumer is generally unaware of certain material facts, particularly the tax risk and compensation issues.
Ric Edelman
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