The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Bad Investment Advice from Dave Ramsey Date:  9/30/2013  9:38 AM
Author:  Rayvt Number:  73377 of 98533

If you look at the Dave Ramsey Shaft Detector (see link below), someone paying a 5.00% load plus the average mutual fund's expense ratio and trading costs of 2.09% would lose about half the value of his retirement portfolio to Dave Ramsey and his confederates over 40 years.

And they'd *still* be ahead of an IUL. With more volatility granted, but so what? Volatility cancels out over 40 years.
At least in a mutual fund you get the dividends.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us