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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 128403  
Subject: Re: Ric Edelman Date: 3/20/2002 11:55 PM
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<<"Ric is too far over the debt line, in my opinion."

Let's not forget where Ric makes his money - he is a mortgage broker among other things. Would you expect him to recommend anything other than "maxing out" on a mortgage? The greater your loan, the more he makes.>>

Before bashing someone like this, maybe you should take a look and see what they *really* do. Ric is NOT a mortgage broker. Geesh, all it takes is a couple to clicks to learn that they are "... investment management and financial planning firm..." Any mortgage brokering they do is primarily for their clients, as part of their "financial planning services".

He/they mainly make money by handling and managing their clients financial investments.

Nor does he recommend some of the things people on this thread have accused him of...like "maxing out your mortgage and depending on the profits to make the payments".

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