The Wrap Up: Is Dave Ramsey right?

Market Mondays

EYL Network

Business, Entrepreneurship, Investing

5.0 • 4.1K Ratings

🗓️ 9 December 2021

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this wrap up we talked about Dave Ramsey’s investment model, we also spoke about Ray Dalio and his new book. #investing #daveramsey #stocks

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Transcript

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0:00.0	Let's talk about elder statement, elder statesman in this game.
0:04.8	David Ramsey, David Ramsey, shout out to Dave Ramsey.
0:08.8	Before I say this, I want to preference this by saying,
0:14.1	I have no issue with Dave Ramsey, man.
0:16.2	He has actually liked Dave a lot.
0:19.0	Yeah, he's done some good stuff for the financial literacy community, help people get out of debt.
0:24.2	He's done some good things.
0:25.2	He had a thing where he said how to invest your money.
0:29.7	Like I read it.
0:30.5	Invest in mutual funds, spread equally in four categories.
0:34.2	Growth, growth and income, aggressive growth, international, real estate, paid and full.
0:39.8	Don't invest in single stocks, Bitcoin or any cryptocurrency.
0:45.2	Whole life insurance policies, annuities, bonds, micro investing,
0:49.4	REIT ETFs and CDs. David, David, David.
0:57.5	By clipped that in, I saw that.
0:58.9	I looked at it, I'm like, yo bro, I'm everything on the don't list.
1:02.3	Things, David.
1:03.2	David, David, David.
1:05.2	Try to keep us.
1:05.9	He tried to keep us there.
1:07.6	Wanna keep us there in.
1:09.2	There's a different strategy for, and I've used his baby blueprint to get out of debt.
	...

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