Deep Dive on Dave Ramsey's Investment Advice! (Financial Advisors React)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 7 August 2020
⏱️ 44 minutes
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Summary
Transcript
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| 0:00.0 | You asked for it a deep dive into Dave Ramsey's investment advice. |
| 0:04.8 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.7 | investing, taxing. |
| 0:13.6 | You've got financial questions, he's got financial answers. |
| 0:17.2 | It's Brian Preston, the money guy. |
| 0:20.7 | Yeah, Brian, so this one is going to be kind of interesting. We sort of asked the audience out, |
| 0:24.6 | they're, hey, you know, we've talked about Dave Ramsey's investment advice in the past. |
| 0:29.1 | Would you be interested if we did a bit of a deeper dive? What are some things that are good? |
| 0:33.3 | What are some things that maybe aren't so good? And what's our take on it? And there was a |
| 0:38.0 | resounding yes from the audience that they wanted to hear it. So here we are to share our thoughts. |
| 0:44.0 | I feel like we need to lay out some ground rules though. I mean, we do live in Franklin, Tennessee. |
| 0:48.6 | And we're kind of in the backyard of the big dog himself, Dave Ramsey. And here's the thing, |
| 0:53.0 | you can't live in our parts and not have neighbors, people that you go to church with. |
| 0:59.6 | You know, there's a lot of, you know, of Ramsey solutions that are all in the community. And by the |
| 1:05.6 | way, if you were here, thinking you're a, see a show where Ramsey solutions or Dave Ramsey is |
| 1:11.1 | trashed, you're in the wrong place. And actually, we have tremendous respect for Dave. And I think if |
| 1:15.6 | you even as we poke holes in some things that I think that Dave is going to stray on and you |
| 1:20.6 | can improve upon, there is no doubt that Dave has done more good to the financial world than anything |
| 1:28.4 | else. Yeah. If we just wanted to kind of look at some of this quick accomplishments, he has over |
| 1:32.8 | 14 million listeners to his weekly radio show. He sold over 11 million books. He has this says, |
| 1:41.0 | this is from the website over 800 team members. I know that just because I have some friends over there, |
| 1:45.1 | it's like 950 employees. I think about like how many lives is impacting this one. |
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