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Money Guy Show

Is Dave Ramsey Wrong About Index Funds?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 25 October 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

Are Dave Ramsey's views on index funds right or wrong? And what should you do with an old 401(k) from a previous job? We'll walk you through these questions and more in today's Q&A episode! Subscribe on YouTube! Download FREE Financial Resources from the show Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions.

0:10.6

He's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.3

All right, this next question, Brian, is from Eric.

0:18.8

Eric said recently a listener called into the Dave Ramsey show and called him stupid and

0:23.8

arrogant for recommending active funds and saying how easy it was to beat the market.

0:29.9

That quotes if you pick the right fund.

0:32.1

Is there any truth in this or is indexing pretty much always the way to go when it comes

0:36.6

to investing?

0:37.6

Wait a minute.

0:39.0

So somebody called into Dave Ramsey show and called him a stupid and idiot because

0:44.0

he recommends active management.

0:45.4

I think that's what this said.

0:46.4

I think so.

0:47.4

Yeah, I guess the listener called and called Dave stupid and arrogant.

0:51.3

Here's the thing.

0:52.3

I don't know if there's a hot take, cold take because I can keep up with how everybody

0:56.5

says it's a take.

0:57.8

It's a take.

0:59.8

You don't call Dave stupid because it's no matter what you think of Dave Ramsey, the

...

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