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[quote=Anonymous]Any honest financial advice will begin with an analysis of risk. Some have an appetite for it and others do not: neither is objectively correct, but market risk has a long track record of paying off. Ramsey makes no such analysis. He starts with the  universal premise that debt is bad with no acknowledgment that it can lead to great returns. That alone I consider unforgivable, but he then flips the equation and advocates for a 100% equities portfolio once you are out of debt with no real reckoning (that I've ever heard) for why risk should be unequivocally avoided when you are in debt and then enthusiastically embraced when you are not.

Then, he points you to his advisers (who give Ramsey his cut) and managed funds, all of which siphon off valuable chunks of your money.

At the end of the day he probably helps people whose finances are a mess, but only because the path they are on is already so damaging. For responsible adults he unquestionably is a drag on their wealth. [/quote]

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