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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 2:19 pm to
Posted by Drizzt
Cimmeria
Member since Aug 2013
12989 posts
Posted on 4/3/24 at 2:19 pm to
quote:

But if you are a responsible person he offers no advice worth taking.


90% of people aren’t responsible. If most people followed Dave’s advice they would be better off. It’s not about numbers, it’s about behavior. The vast majority of people overspend and look for a magical shortcut for retirement when it’s really just about understanding a budget, saving, and investing. You can quibble with numbers but Dave helps people more than the financial planning industry and he does it for free.
Posted by weadjust
Member since Aug 2012
15200 posts
Posted on 4/3/24 at 9:35 pm to
quote:

he does it for free


Posted by lynxcat
Member since Jan 2008
24267 posts
Posted on 4/3/24 at 9:47 pm to
Ramsey loses me every time he says “a good growth stock mutual fund” and then proceeds to talk about how easy it is tho get double digit returns every year. Yet, he refuses to say exactly what magical fund.

Also, when he talks about real estate investing and plays up the “I have $600M real estate portfolio”…before he spouts some personal belief dogma.
Posted by Billy Blanks
Member since Dec 2021
3830 posts
Posted on 4/6/24 at 9:30 pm to
It drives me insane he pretends taxes don't exist.
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