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re: How many of you follow Dave Ramsey's advice for everything?

Posted on 1/9/23 at 1:29 pm to
Posted by poochie
Houma, la
Member since Apr 2007
6438 posts
Posted on 1/9/23 at 1:29 pm to
quote:

However, if, for example, your 30-year mortgage is 2.8% and let's say you have the equivalent cash invested, with expected earning 7+%, over mortgage-equivalent period, Dave is not your guy...in my opinion.


Well no shite, Sherlock. But the average American isn’t going to invest the difference. They’re going to buy a new bass boat or purse or phone.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 1/10/23 at 8:39 am to
quote:

Well no shite, Sherlock. But the average American isn’t going to invest the difference.


1% vs. 99% of wealth curve and why Dave Ramsey is successful, explained

$3,000 purse or $200 purse with $2,800 in it? Gimme latter every time, Watson.



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