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re: Did y'all catch Dave Ramsey rip George Kamel apart over withdrawing 4% from retirement?

Posted on 4/3/24 at 8:01 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425838 posts
Posted on 4/3/24 at 8:01 am to
I watched a video the algorithm suggested to me a few weeks ago on this and they showed the math and basically exposed Dave as a fricking idiot.


His basic financial plan is good for (1) dumb people (2) people who had no financial education but are willing to change. Basically getting you out of hoc and starting to save.

Almost anything else Dave Ramsey says is not based in anything (other than his magical investment opportunities that are secret) and is much more often bad advice than good advice.
Posted by Strannix
District 11
Member since Dec 2012
49166 posts
Posted on 4/6/24 at 8:19 pm to
quote:

Basically getting you out of hoc and starting to save.


I think the word you are looking for is "hock" buddy. Whats your IQ?
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