Dave Ramsey on CNN: Are your investments safe?

[ElectricSwag]

The Dow on Jan 2, 2011 11,577

[mycaddigo]

GO DAVE !!!!!!!!!!

[doclsdc]

I told you dmbshits to get out. the dow was 12,099 on Jan 2008. It fell down to below 7000. yep Dave Ramsey is a proven moron. But i'm sure some idiot will still listen to him.

[auctionmusic]

More totally bad advice, as the market went on to have its worst year in history!!!!!!...and the economy nearly collapsed....another "everything everyone is saying is wrong" video.....but these videos are good cause you can learn who not to listen to now......

[jasoncueva]

What great advice! The market is a rubber ball.... not an egg, it's gonna bounce back! 80+ years of history prove it. The people who have lost money are the ones who kept saying "this time its different", it's not....buy! while it's low...and watch this video..... over and over and over.... =)

[lassley1]

Dave is a guru when it comes to the psychology of basic finances. He at least hasn't displayed a whit of intelligence when it comes to investing. His 12% "Growth Mutual Funds" have dropped at least 40% this year and BROKEN EVEN over the last 10 years. The caller was exactly right in this instance. He would have had 30% more money had he sold out then.

[VenomVenom347]

Dave is a moron? Doclsdc you are a moron. Go ahead and pull your funds out of the market now like my cousin did in 9-11-01. He lost $40,000 in a week. Then the markets rebounded. If the market crashes long term or short term then buy an uzi and dig a cellar. But if the end of the world is not near then everything is "On sale" in the market. Dave Ramsey you are the man.

[03protegeES]

amen

[roseagain2]

Americans have been saying we are in a recession for a year now.

[doclsdc]

dave is a moron. he doesn't address the falling dollar, the destructive fed lowering intereset rates which does 2 things (lower dollar even more and causes inflation.) time to pull out of stock market and anything tied into value of the dollar.

[vsop333]

The #1 stealer of wealth in America is car payments. The top 10 Billionaires don't drive new cars. Why? Their DNA won't allow them to take a guaranteed loss. Age 25 to 65 is your car payment lifetime. 40 years of monthly car payments invested instead = about $5 million.

[mrblujet]

@vsop333 I completely disagree with your assessment. The # 1 stealer of wealth in America is the government.

[hyperluv]

He should of ended by saying: ...and don't take financial advice from broke people.

lol

[peeledonionhead92]

Dave Is Right Like Always He Is My Hero

[orellgolf]

Not one time did Dave correct her and say we arent in a recession, suddenly lost his spine? Knowing which stock to invest in is the key, nothing learned here...

[DarthVega7]

36 of the last 2 recessions... heheheh

[julianlile]

Dave Ramsey is the man! Jeffisontheair - I heard your debt free scream. Congrats!

[jeffisontheair]

Buy low, sell high! Lower your average cost and buy NOW! Everything's on sale. Dave and everyone else is right on.

[terickson82]

These people are dead-on. The market's historical track record shows that the return has generally been around 10-12% I believe, and staying the course is the best option. The best time to invest actually is when the market is down, because you'll be picking up bargains and seeing great returns once the market takes off once again.