re: Dave Ramsey's advice to pay off a car loan, rather than invest

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So let's delve into that a bit... if someone owes $10k on a car loan at 4%, and has the cash to pay it off, taking into account the human behavior side of things, you'd pay it off because there's a good chance you'll screw up the $10k investment if you don't.

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I think it's more of if a person has the 10k to pay off the car, they probably wouldn't actually invest it, they'd blow it on random shite instead.

Investing is the rational thing to do, but people are irrational. Paying off the debt if better than keeping it in cash or just spending it, which is what the vast majority of people would do.