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Dave Ramsey Says You SHOULD NOT Invest in Bonds. Bad Advice?


Grab a copy of the 99 Minute Millionaire book. Click here to grab yours today 👉 Complement with my latest audio podcast episode on THE FINANCIAL ROCK STAR SHOW: ===== Dave Ramsey says he doesn’t invest in bonds and nobody else should either, for many reasons. Is Dave Ramsey's advice correct or will it cost you your hard earned money? When you meet with a financial advisor, virtually, a CFP, a non-CFP. Not a single one is going to put a client in 100% stocks. Those wonderful people spend more time correcting bad investment advice and fake math than you can imagine. 2000 to 2010 was called the lost decade for stocks. Stocks returned about nothing, and really less than nothing. Say a person bought every stock in the world in the year 2000, and dropped $100,000 in. By the end of 2009 they would have $84,000, taking into account inflation. So, they lost $16,000. 👉Get my latest book How To Save $1,000 This Week free (while supplies last)! I bought copies for my YouTube subscribers, so you don't pay for the printed book. I just ask you to pay your shipping so I can give away as many as possible. Get yours here while supplies last: How do you feel about losing money? If you’re like me – you really don’t like it! Judging by all the scaredy cats that never started investing again after 2009, everyone feels the same way. I know you do too. Now say you bought every stock and every bond in the world in the year 2000. Same thing – 10 years, dropping $100,000 in. 50% stocks, 50% bonds. By the end of 2009 you would have $113,000. All stocks – $84,000 50/50 stocks and bonds – $113,000 Is buying bonds worth it? But bonds don’t make any money! I guess they do. About $20,000 more than stocks in the lost decade in that simple example. Do you want an extra $20,000 if you were quitting a bad job to travel the world and living financial freedom? If you were starting college in 2009, how would you feel if you had to take out another $20,000 in student loans? Because you followed some bad investing advice. Or if you had saved $1M, how would you have liked an extra $200,000 Here’s a quote a website from one of the financial pied pipers trying to discredit bonds. Bonds aren’t bad. Bad advice is bad. And this advice is bad. “Downgrades and Default – If a borrower’s credit rating is downgraded, the value of their bonds drops. General Motors and Greece have experienced this recently. If the borrower goes under, they can take your interest payments and principal with them.” That’s a true statement. It’s also fear mongering. What they fail to mention is, hardly anyone buys single bonds! They buy bond funds that are well diversified. Like going to the Chinese buffet. Even if you don’t like won tons, you can still get the fried rice. And if the fried rice has fried crickets in it – you move on to something else. It doesn’t ruin the entire buffet. It’s funny how they argue against buying single stocks because you’ll go broke – it’s too risky. Yet when making their argument against buying bonds they use the very example of what they tell people not to do with stocks, just to prove their fake argument. Great marketing, bad advice. When buying bonds, you would buy a fund and diversify. “When you add it all up, bonds are just as risky as stocks.” No, they aren’t. To be politically correct, that’s a misleading statement. To be politically incorrect, which I am – that’s a flat out lie. Easy to prove. ===== Scott Alan Turner is the new and true voice on money in America. Scott is a former money moron, living the paycheck-to-paycheck lifestyle, losing $40k by following bad investing advice, and racking up a load of credit card debt. But by age 35, he turned it all around and became a self-made millionaire. In a world of get-rich-quick schemes, biased advice, and financial pied pipers, Scott’s authentic, no-holds-bared approach makes it possible for anyone to absolutely rock their personal finances. Scott is on a mad mission to help you get financial independence, ultimate happiness and a life full of awesome experiences. With his rebel style, off-beat humor, and signature life-on-your-own-terms approach, Scott’s inspiring a movement of Financial Rock Stars across the globe....(read more)



LEARN MORE ABOUT: Treasury Inflation Protected Securities
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
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