Dave Ramsey says not to invest in single stocks or cryptocurrency

[the bossman]

He's usually in over his head when he is talking about doing anything other than getting out of debt.

This is all anyone should be listening to his advice for. After you're out of debt I strongly suggest looking elsewhere for financial advice.

Shout-out to all his callers that he told to sell their bitcoin immediately back when it was like 15k

 

[ORDER_66]

Shout-out to all his callers that he told to sell their bitcoin immediately back when it was like 15k

I remember that... fools

 

[the bossman]

I just read dudes list. He really said real estate paid in full. Someone who has the capability of purchasing real estate in full is not listening no damn Dave Ramsey

He comes from an era of 30 years ago where you could buy a SFH for 100k.

He's the definition of out of touch

 

[ImLionyall]

Looks like he prefers not to deal with volatile investments

Its almost as if he's giving financial advice to ppl who can't afford to lose their money.

 

[Crayola Coyote]

Get the old ass cac outta here

 

[Save $ not Hoes]

One time for that cracker Ramsey

Got y'all boys whipping that 2010 Camry

breh. Wtf is this cac talking about.

 

[the bossman]

I remember that... fools

Based on timing of the video I'm assuming he probably had 5 BTC. Dude is going to feel sick when BTC hits 500k+

 

[cheek100]

Fuuuk this cac
Let a cac tell me how to move my paper? Foh

 

[Breh Obama]

Cacs gon cac

 

[Originalman]

Invest in crypto now and NFTs and all that shyt. By the time everyone gets on it (like old people like “maybe we should buy some Bitcoin” and kids who are 10 years old now) you’ll be able to dump it on them and make out like a bandit

First movers advantage

Yes sir FOMO is your friend. If you don't know ask the folks who sold GME at $350 to jokers who still holding the bag months later.

 

[Vandelay]

I'm coming around on Crypto-currencies. It's still a gamble and a ponzi-scheme in the real world, however with things like the metaverse coming around and the amount of money people are slanging on virtual property and NFTs, it's going to open a real viable avenue for legitimacy.

 

[BigMoneyGrip]

Who is this brown people y’all talking about?

Non ados

 

[Originalman]

This is all anyone should be listening to his advice for. After you're out of debt I strongly suggest looking elsewhere for financial advice.

Shout-out to all his callers that he told to sell their bitcoin immediately back when it was like 15k

Yep and I still say dave full of it. I bet that fool invested in crypto and etfs....

Dude just know he done gave bad investment advice for years and don't want his fans to know he done went back on his word and investing in those same things he said were bad. Dave ain't fooling no one. Dude a millionaire and has big time financial advisors and know other millionaires. You think none of them have said hey Dave check this out I am making XXXXXX on my crypto and etf investment...you need to consider this. and Dave like... forget that I rather make XX on my mutual funds and high fees...

But real talk dave A1 in getting out of debt. All you got to do is apply that same strategy of getting out of debt counting every dollar and apply that same concept to investing (just not all the investment strategies he is saying). I say that as someone who overlapped the same strategy when I paid off my debt.

So say when I was paying my student loan I was throwing 1k every 2 weeks to my student loans. Once I paid the loans off I then used that same strategy to invest. So taking 1k every 2 weeks and throwing that at a combo of 401k, IRA and other investments.

 

[Pete Wrigley]

He's usually in over his head when he is talking about doing anything other than getting out of debt.

This!

Great advice on getting out of debt but anything other than that, if advise looking for information elsewhere

 

[DonRe]

Agree with him except REIT. Ive done alright in this respect. I want to get i to mutual and indexes.