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Money and Finances
Reply to "Dave ramsey"
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[quote=Anonymous][quote=Anonymous]If your finances are a huge mess then you could do worse - and likely already have - then following his advice. That said he costs a lot of people a lot of money. To all the people who posted here about all the debt you paid off, take a look at how the stock market has done over that time period. If you have been investing in ETF's instead of paying student loans or mortgages you would be worth a lot more money. Don't get me wrong, I don't think it's objectively wrong to pay off your mortgage or student loans, but Ramsey pretends it is objectively wrong to keep them - that is profoundly misguided.[/quote] To be fair, a heck of a lot of people came out way ahead by focusing on paying down their debt and instead of leveraging the debt to invest prior to the 2008 recession.[/quote]
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