THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

I am a long time listener of Ric’s and appreciate his wisdom and knowledge. But I have found it very troubling that several of his recent shows have shown a strong bias for Donald Trump (which is interesting because other commenters have called Ric a liberal because of his stance on social issues like basic universal income). Although I understand the need to talk about how electing Trump to another term may positively influence markets, I think it is also important to give context to the idea that his negative actions, especially his attempted overthrow of our government, bring chaos and uncertainty to those same markets. Stop it with the fan-boy mentality and get back to giving balanced insight!

I consider Ric to be my “North Star” when it comes to crypto investing. His knowledge and ability to explain a complex topic in simple terms is unmatched.

I rarely unsubscribe a podcast, but I unsubscribed The Truth About Your Future with Rick Edelman. I had been a fan of the Rick Edelman show since I started listening to it about 25 years ago on WMAL in Washington, DC. Before podcasts in the early '00s, I put software on my computer to record it when I couldn't listen to it. After podcasts became popular, I used streaming software to listen to the program in different radio markets before the podcast was published on Monday mornings. I was disappointed when Rick Edelman announced the termination of the show about 5 years ago. The two spin-off shows were ok for a while. Everyday Wealth with Jean Chatzky had a good run for a couple years. I used to like the broad range of topics on the Rick Edelman Show. It turned into mostly an advocacy for crypto. I thought this was a little odd and sometimes boring and repetitive, but I continued to listen, at least in the background. I understand crypto is a new and exciting asset class, but the emphasis on it became tedious, and I started to fast-forwarded through several episodes, which I rarely do. The tipping point for me was when it became political. Rick used to be apolitical, or balanced in his criticisms. His substantial focus on crypto and the SEC and administration's treatment of crypto has resulted in him taking sides forcefully. I listened to several programs where the introduction pointed out that Joe Biden is still in the presidential race without pointing out the dangers on the other side. If I wanted political advocacy or opposition, there are plenty of political podcasts to listen to. I unsubscribed, but I have plenty of financial podcasts to keep me occupied and informed. I currently listen to The White Coat Investor, Jill On Money, Your Money Your Wealth, Planet Money, Freakonomics Radio, The Indicator from Planet Money, and the various Marketplace podcasts.

Ric has shown his liberal bias with his comments on universal basic income, and separately, the majority of his shows talk about crypto, which support his latest book from last year. I have unsubscribed and will no longer listen to him …. was so nice for many years, but not any longer. Sad to see him turn leftward