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I Like Dave Ramsey But He's Dead Wrong on Mutual Funds

Investment advice and financial planning guru Dave Ramsey gives his radio show listeners and book readers sage advice but he gives some poor advice on mutual funds.

"Can I really get a 12% return on my mutual fund investments, even in today's market?" and "If I can, what mutual funds should I choose?" Dave Ramsey answers these popular quest...

"Can I really get a 12% return on my mutual fund investments, even in today's market?" and "If I can, what mutual funds should I choose?" Dave Ramsey answers these popular quest...

Baby Step 4 in Dave Ramsey’s bestselling book and system, The Total Money Makeover, is to invest 15% of your gross pay in good growth stock mutual funds. While it is just a rule of thumb, he recommends 15% of your gross pay and not your net pay which means that you calculate the investment before taxes.