Today we’re taking a super detailed look at the 4 mutual fund types the Dave Ramsey suggests and building investment portfolios out of the best performing funds. We’ll dig through the aggressive growth funds and their performance, as well as the growth, growth& income as well as the international funds to see if this is a worthwhile investment mix.
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Dave Ramsey is a well-known personal finance expert who has helped many people get out of debt and achieve financial freedom. One of the strategies he often recommends is investing in mutual funds. However, recently there has been some controversy surrounding Dave Ramsey’s mutual fund recommendations, with many people questioning their effectiveness and suitability for all investors.
Dave Ramsey’s approach to investing in mutual funds is based on the principles of “growth and income” funds, which are designed to provide a mix of capital appreciation and dividends. He recommends investing in four different types of mutual funds – growth, growth and income, aggressive growth, and international.
While these funds may have performed well in the past, there are some concerns about their suitability for all investors. One of the main criticisms of Dave Ramsey’s mutual fund recommendations is that they may not be diversified enough to offer adequate protection against market downturns. Additionally, some experts argue that the reliance on actively managed funds may result in higher fees and lower returns compared to passively managed index funds.
Another issue with Dave Ramsey’s mutual fund recommendations is that they may not take into account the individual investor’s risk tolerance and financial goals. Every investor is different, and what works for one person may not work for another. A one-size-fits-all approach to investing may not be suitable for everyone.
Furthermore, there is also concern about the potential conflict of interest with Dave Ramsey’s mutual fund recommendations. He has partnerships with certain mutual fund companies, which may influence his recommendations and lead to biased advice.
In conclusion, while Dave Ramsey has helped many people with his advice on getting out of debt and managing money, there are some concerns about his mutual fund recommendations. It is important for investors to carefully consider their own financial situation and goals before following any investment advice, including that of Dave Ramsey. Consulting with a qualified financial advisor who can provide personalized guidance may be a more suitable approach for many investors.
This is BS!! You picked all the best funds AFTER knowing they did well! Now try to pick today the top 5% performing funds for the next 20 years ? There is no way you can do that and even if you could, we are not even at his 12% return.
Excellent evaluation!
The difference between you and Dave is he keeps it simpler. He's concise and to the point. All your graphs and visuals after a while are exhausting because the average person has a very shallow attention span. Too much info is just as bad as none at all. Make it short, usually 8 minutes or less. Hit your points hard, and the consumer will do it or not.
He said 40 years, not 20… would be interesting to see correction
Subscribed!
Loved the breakdown.Been curious what funds he talked about, but I understand the due to legal and non-fiduciary reasons, he can't personally tell you his exact portfolio investments. but this video definitely helps. I'm investing the way he teaches, however I started during the worst year (2022) so I am far from seeing those numbers on my ROI, even though all my funds personally are up for YTD >15%. Loved your channel, definitely subscribing.
What program or website did you use to pull up all the mutal funds?
Please let me know, thanks
What website/provider is used to present this data?
Dave Ramsey does an excellent job given the parameters. I don't think it is "bashing on Dave" to talk about areas where people could do better. For example, I have built a lot of wealth using debt. Dave is completely against debt. I believe there is good debt and bad debt. Dave believes all debt is bad. Is he wrong? Not given the audience he is addressing. However, a more sophisticated audience would benefit from more sophisticated financial advice. I don't mean that in a derogatory manner. Many people are in Kindergarten when it comes to finances. PhD advice for a Kindergartener is not good.
12:12 I don't know why you would exclude better performing "front load" funds because you don't like front load funds. As you know, performance numbers have to be after all fees, including the front load. If a fund outperforms after the front load is factored in, why on earth would you exclude it?
4:25 I don't understand why you would do ANYTHING with fees. If a fund has 5% annual fees, but averages 15% return after fees and another fund has 0.5% fees and averages 10% return after fees, are you going to eliminate the high fee fund? Fees mean nothing. Performance after fees is what is important. Instead of "factoring the fees in there", you should simply look at performance after fees.
How do you find these top preforming mutual funds on your own?
What website was used to show all the mutual funds and break them down into categories?
I’m new to your channel. Thank you for this video.
I’m wanting to learn more about investing.
Another criteria D.R. says is important to consider is a Turnover Ratio of less than 10%.
Would be great to see another video from you like this one that includes this one extra criteria if possible and see what you get.
Missed brk-b is better than anything Dave and you have and it goes back 50 years. let me know of something better
Seems to me like Dave has to say 12% because anything less and people would just point at the s&p 500 and wonder why they are following a guru at all. S&P 500 returns 10-11% on average according to some quick google searches.
And Dave Ramsey also says his 4 funds beats the S&P 500.
I apologize for not reading all 908 comments. Their are 4 mutual funds.
Growth, growth in income, aggressive growth and international
I definitely feel You have have some informative things you're sharing and appreciate You for that, but can I ask what the top three mutual funds, that He had, because Your layouts, look blurry from Mmy phone for some reason, even after screen shot. May be My camera but everything else is clear, such as You.
Do you invest 25% per each of the 4 mutual fund categories?
I'd suggest you follow Dave's advise on debt and leave it at that…
He also always says what if he’s 1/2 wrong.
Thank you, this helps a lot!
But he never tells you which funds they were? It would sure be nice to know. Does anybody ever consider the amount of inflation? If inflation is average 7% Per year, Your 12% just turned into 5%.
What a great breakdown! Couldn’t see what the funds were though. Any chance in sharing them in the video notes or in a response on the comments on what they were?
What software is that?
What is this database tool he’s using? I WANT TO DO RESEARCH IN 2022
All Dave says is Mutual Funds. You heard one of his podcast, then you’ve heard them all
S&P seems to be a good go to, forget all the BS and just keep buying every major drop
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Thank you for this great analysis.
What are you using to filter the funds?