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[quote=Anonymous][quote=Anonymous]I’ve listened to hundreds of hours of his show over the years. He is right about everything having to do with behavioral finance and dead wrong about most things havingn to do with investment. (In some cases, he is being paid to be wrong.) [/quote]

ITA with this poster.  But I think that people (like some of the PP's upthread) who fixate on the areas where his advice is not ideal (retirement/investment, basically) are overstating how big of a problem that is.  I think DR is by and large a "gateway" finance guy -- whether the people listening are high income or low, they're typically INCREDIBLY bad with money.  Paycheck-to-paycheck, in hundreds of thousands of dollars of non-mortgage debt, the works.  So for those people, using DR and his focus on strategies that people will actually stick with (quick wins, gazelle intensity, all-in mentality) is such a huge improvement over the path that they were on, that the money they lose at the margins from not investing sooner is a non-issue.

I really wish he didn't tell people to suspend retirement savings, though.  That's one place that even some people who are terrible with money were doing something right, and it feels like a step backward.[/quote]

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