Hellow guys, Welcome to my website, and you are watching Dave Ramsey's "12% Reality" is a Lie!. and this vIdeo is uploaded by Stephen Spicer, CFP at 2020-08-25T07:00:09-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Dave Ramsey's "12% Reality" is a Lie! |
| Video Uploader | Video From Stephen Spicer, CFP |
| Upload Date | This Video Uploaded At 25-08-2020 14:00:09 |
| Video Discription | Figuring out the actual historical return of the stock market is not as easy as just averaging all the previous years’ returns. So, when you hear people like Dave Ramsey tell you that it’s averaged more than 12% per year, well, that’s not the full story behind what you should expect... I’ll walk you through the numbers to help you have a better idea of what you might be able to actually expect from the market... In case you'd prefer the blog version: https://SpicerCapital.com/the-12-lie ***Please Note: I believe that what Ramsey has done to help people get out of debt—managing to make that an entertaining conversation—is wonderful. That has been an extremely positive contribution to the financial industry. Regarding his investment advice, however, I believe that to be incorrect and especially dangerous. Anyone who has taken his Financial Peace University course knows that not only does he insist that your mutual funds can earn 12% per year, he often makes that sound as though it should be the expectation. With everything we’re discussing in our videos on this channel, you’ll discover that not only is that blatantly false, but it’s also even more potentially-ruinous than the traditional advice I reference throughout.*** TIMESTAMPS: 1:15 - Where the 12% comes from 1:48 - Dave Ramsey's "12% Reality" 2:53 - Actual Versus Average 3:26 - The Warning from Dave's Own Source 4:59 - Why Real Returns Are ALWAYS Smaller 6:28 - How Negative Returns ACTUALLY Impact You Long-term 8:10 - The S&P 500's Worst Years 8:33 - The REAL Historical Return of the S&P 500 8:42 - Actual Versus Average - REAL Numbers 10:10 - Conclusion + Final Warning LINKS: 0:10 - Dave Ramsey's Video - https://www.youtube.com/watch?v=mHkXjEOQ7aU 0:14 - Our Previous Videos - https://youtu.be/clntg5dl1wk 1:04 - Subscribe to this Channel! - https://SpicerCapital.com/YouTube 1:10 - Join Our Private Community - https://Community.SpicerCapital.com 1:23 - Our Previous Videos - https://youtu.be/clntg5dl1wk 2:03 - Dave Ramsey’s “12% Reality” Blog Post - https://www.daveramsey.com/blog/the-12-reality 3:33 - S&P 500 Historical Return Calculator - http://www.moneychimp.com/features/market_cagr.htm 10:42 - Subscribe to this Channel! - https://SpicerCapital.com/YouTube 10:55 - Join Our Private Community - https://Community.SpicerCapital.com Check out my free mini-course detailing several of the Potentially-Ruinous Flaws with the way almost everyone is telling you to invest: https://spicercapital.com/free-course/ Thank you for being a part of this Community! Until next week… Take Care! |
| Category | Education |
| Tags | retirement | retirement planning | dave ramsey | mutual funds | dave ramsey mutual funds | investing in mutual funds | investing in mutual funds dave ramsey | dave ramsey show | dave ramsey exposed | dave ramsey investing | spicer capital | spicercapital | stephen Spicer | stephenspicer | stock market investing | stock marketing investing tips | stock marketing investing for beginners | investing | financial education | stock market | how to invest in stock | stocks | dave ramsey's 12% reality is a lie |
