Your Husband Has Been Reading CRAP On The Internet! - Dave Ramsey Rant

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[@MR3DDev]

Next call: Dave can I put my emergency fund in Doge coin?

[@edwalshsr.8175]

To the mooooon!!!!!

[@IceColdProfessional]

It's the ultimate hustle.

[@snesie7172]

I'm up 80k off a $500 investment I wanna call and tell him. What do you think he would tell me to do? Sell or hold

[@Mr.Rogers91]

THIS IS THE WAY!

[@markusionescu3957]

That sounds like a great idea no joke! And I would divorce the wife too!

[@MajesticDre]

Dave is 100% right. An emergency fund is supposed to be accessible

[@jgons]

still would be better in a stable coin making 8.5% than in a bank making vitually nothing.

[@petehyde]

I can't imagine having an audience the size of Dave's and explaining inflation like that. Inflation is not the price of goods and services increasing, it is the purchasing power of the fiat (govt) currency decreasing. The increase in prices is the symptom of the disease....not the disease itself. Govts around the world devalue their currencies for a number of reasons, but it really ends up being a hidden tax on the lower classes. Wages (in general) can't keep up.

[@freetoplaypker6509]

Yes sir. Atleast someone here has some common sense!

[@davidp2981]

What are you talking about. "The purchasing power of fiat decreases", in non jargon speak what does that actually mean? It means it buys less goods and services right? Aka prices (for whatever reason) have gone up making your dollar worth less. So inflation indeed means prices have gone up. That is the definition understood by everyone and those in finance.

[@rubenve79]

@@davidp2981 Dave is referring to the products that are used to calculate the CPI. In reality though Peter is right, with inflation the prices of all goods and services are going up. The CPI doesn't account for a lot of very relevant categories to make the official rate of inflation seem much lower than actual inflation.

[@p.p.8624]

@Peter Zellmann, Completely irrelevant distinction.

[@petehyde]

@@p.p.8624 HFSP....as they say.

[@penguin12902]

"Tuba-fors" LoL

[@BunkMasterFlex77]

Lol. I thought he said that too.

[@BetYouHateMeNow]

lol I noticed that.

[@ricoolivarez94]

Hahaha

[@nicktaylor5952]

Lol

[@747-pilot]

I knew I had to come to the comments section! ROFLMAO!!! 😃😃😃

[@gregorymoore2877]

Came here from a scene from The Office and the first thing I hear is a caller from Scranton, PA. I was wondering if it would be Michael Scott calling in to ask what kind of loan to get when purchasing a condo or whether he should help the deposed king of Nigeria. 😉

[@nabzy28]

Because saving in paper trash has gone over so well in all the other countries that have experienced out of control inflation.

[@williamerazo3921]

Dollar is the main currency of the world.

[@itachir8290]

@@williamerazo3921 it's lost over 98% of its value and won't be the reserve currency for long.

[@williamerazo3921]

@@itachir8290 the world still supports and it’s the main reserve

[@itachir8290]

@@williamerazo3921 Not for long. Mark my words. If I told you that something had a 98% failure rate and everyone was with that something running off of the cliff, would you join? Your faith is in failure and you will be disappointed. 60% of dollars were printed in 2020. Think about it. That is one of the big reasons everything is going up in price.

[@williamerazo3921]

@@itachir8290 who’s replacing the Dollar?

[@katem6562]

Good lord people have no clue what they are doing in an emergency

[@69TDUB]

Dave never apologizes when his advice is wrong. He doesn't care if you get hurt from taking his horrible advice.

[@eugeniocampos1732]

True Kate, but dave seems to have no idea of macroeconomic and finance... sad tbh

[@katem6562]

@@69TDUB well if Dave doesn’t care about people then why is he in his career path!! though he has given bad advice but it’s rare and a critical person will see the mistakes and form opinions on the subject and situations presented and will comment on how it’s wrong!

[@69TDUB]

Dad am I getting good at regurgitating your horrible advice? Dave would lie & his daughter would swear to it. Watch Catherine Austin Fitts, Andy Schectman & Bill Holter.

[@xonerate_5011]

@@katem6562 why is he doing what he does? Money

[@haydenmartin7941]

I look forward to checking back in on this video in a few years.

[@janicenunn8525]

what subtlety!

[@jme92685]

To see that it's aged like a fine wine?

[@jme92685]

@A Fridge Too Far Not fine wine.

[@eugeniocampos1732]

Hahahaha trueee, it wont age well

[@SilverStacker56]

Me too, Dave will have egg on his face.

[@EJV-Florida]

I love Ramsey and what he's done for the financial world. But he has taken such hard lines on his stances that he leaves no room to adapt if the world around him changes.

[@investormattt]

100000% agree with you on this, I feel he’s too strict, there’s room for risky investments but within reason, not going all in on doge 🤣

[@jimroscovius]

His principles always work.

[@tmanwheeler8270]

@PoopCoin Patrick sure but he also teaches people to never borrow again so I doubt the bank’s appreciate that.

[@peteplayz-norskgaming5723]

Principles aren’t meant to change

[@Rob--]

He gives solid safe advice. Fact; more people have lost money in high volitility investments than gained. If you are debt free and able to save 15% of your income and still have extra cash, then yes, go try something high risk. But these RH investors that bought Doge at .70 because it's going to the moon are the ones that suffer. Buying high and paper handing on the drop is what most are doing.

[@BrianJones-cu2sx]

Holding cash is crazy now considering how much everything is going up and this is only the start. All the respect in the world for Dave and he knows a million + times more than me but I have zero regrets about tossing some of my money in metal

[@Rob--]

I believe he was just referring to the emergency fund. The husband wanted to cash out the emergency money.

[@mikebrownbassist802]

You’re missing the point. It’s not about investing. It’s about where to store your emergency fund. Emergency funds are for that… Emergencies. You can invest in whatever you want but just make sure that you have an emergency find in cash because when there’s a correction, or recession, you’re gonna be thankful you had something you could access.

[@DavidRamseyIII]

Dave clearly says in this video and everywhere that precious metals are not an acceptable investment and they aren’t. Did you listen to anything he said?

[@BrianJones-cu2sx]

@@Rob-- i understand that brotha ! I’m only speaking to Dave’s broader point that it’s useless in any case. I meant having a large holding in cash, more than what an emergency fund should be in my comment. Thanks man

[@BrianJones-cu2sx]

@@mikebrownbassist802 I agree! I’m just speaking to Dave’s broader point.. that it’s no good in any scenario. I completely agree to always have cash on hand to liquidate asap. What I meant was holding a large of cash, more than what an emergency fund should be is crazy. A lot of people are in that boat. I’d rather have some in metal. Thanks for your response bro!

[@ZoeiiZiZZles]

I love reading the comments most from young people who were to little or not born yet to remember 911 or 2008 always the sky is falling this is the worst time ever. I promise to you things will get better they always do

[@DrSchor]

not always: the rule is que sera, sera

[@elsaj1764]

Dave adds humor to this show. Walk-in bathtubs and snuggies 😂😂

[@mihy26]

YUP! That got me laughing !

[@MissHunterELA]

I was cracking up when he said that!🥴🥴🥴😆😆😆😆

[@jamesmir89]

dave is right on so many things but wrong on this.

[@coachhannah2403]

He is right and incorrect a lot, but this is one thing on he is 100% correct.

[@1967davethewave]

@@coachhannah2403 from Butler?

[@coachhannah2403]

@@1967davethewave - Explain your query.

[@1967davethewave]

@@coachhannah2403 You must not be if you don't understand. Very old friend who's father just passed away.

[@coachhannah2403]

@@1967davethewave - Guess not.

[@ChuckyLarms]

People are making dumb investments to hedge inflation BUT Dave doesnt see what’s coming. I understand that he can’t panic his listeners but should at least mention that people need to diversify out of the US dollar

[@rebeccashields9626]

Yes, and having mutual funds with companies all over the world does that. As does having real estate. And if you’re seriously worried about the US crashing you need solar panels, a well with a pump, seeds, chickens, pigs, tools, guns, ammo.

[@seankmath2214]

💯

[@ThinkMoneyBenny]

Ramsey rant is up, let me get my coffee ☕️

[@69TDUB]

Dad am I getting good at regurgitating your horrible advice. Dave would lie & his daughter would swear to it.

[@DavidRamseyIII]

This was a great rant ☕️

[@Tyler-sq4lt]

I look forward to seeing how this video ages

[@hiromikanai8998]

Going to age like fine wine

[@Austin-sv6io]

@@hiromikanai8998 hyperinflation is here.

[@hiromikanai8998]

@@Austin-sv6io I think I worded it wrongly haha I was meant to say the video won't age well my bad

[@gabrielgonzalez6456]

@@Austin-sv6io highly doubt hyperinflation will be here. 50% or more a month is considered hyper inflation... but I do think double digit per year is realistic like in the late 70s through the early 1980s.

[@jme92685]

@@hiromikanai8998 Took the words right out of my mouth. A fine wine indeed.

[@daltonbrasier5491]

Inflation is not "prices going up". Inflation is adding money to the money supply. A side effect of inflation is prices going up. Dave needs to read some Bob Murphy lol

[@moonaj89]

Wrong

[@daltonbrasier5491]

@@moonaj89 Okay

[@carrcorp2]

Supply and demand

[@daltonbrasier5491]

@@coreylauck3310 Yeah, thats what i said.

[@daltonbrasier5491]

@@coreylauck3310 The Federal Reserve prints money, doesn't it?

[@alejandrofacio6355]

Ovously Dave does not understand inflation. Inflation is the expansion of money supply. Prices don't inflitate they go up and down

[@RavnerRavner]

everyone that sits at that desk is a bobblehead yesman for Dave Ramsey

[@TheLegacyHero]

Dave Ramsey is about to be wrong in a BIG way. Just like how he was wrong about the housing crisis in 2007.

[@ClivesEnglishCorner]

Yet, he still has accumulated generational wealth.

[@TheLegacyHero]

@@ClivesEnglishCorner True, but his conventional methods of wealth building will be useless in an inflationary environment. Ramsey built his fortune after the 70's, not during the 70's.

[@kolaethegreat6752]

@@TheLegacyHero you must be straight out of high school!!! This is simply common sense.

[@TheLegacyHero]

@@kolaethegreat6752 Then why is Ramsey not following it? Does he not have common sense?

[@HighrollerRob]

Because he sells books

[@joes973]

Dave, you literally defeated your own argument. "Their southern printed currency went to zero." Guess what standard the US was on until 1973.

[@coachhannah2403]

Um, 1973 was a couple weeks ago..

[@elitefitness341]

He doesn't understand monetary history for some reason.

[@blackspiderman1887]

His point is even though it went to zero, people still did not begin using gold as a method of trade.

[@joes973]

@@blackspiderman1887 They literally did use gold until 1973. Paper traded hands to make transactions lighter on the back, but that paper could be exchanged for gold on a fixed ratio.

[@jongolden2223]

Next call.... high my names Michael from Scranton. Should I join another MLM?

[@canadiankid42]

I like how they looked at eachother when he made the umbrella joke. Dave was serious as a heart attack. I would have bugged out

[@kenny-qk5kd]

Caught that too. He has been dead serious about his subtle "bear" comments lately...he knows what's around the corner!

[@69TDUB]

Dad am I getting good at regurgitating your horrible advice? Dave would lie & his daughter would swear to it. Watch Catherine Austin Fitts & Bill Holter.

[@phaldaz]

Hold up.... What did the umbrella portion mean?

[@DavidRamseyIII]

@@69TDUB what is wrong with you

[@tien9366]

Its all fun and games until your cash is worth just as much as those "sudam hussein" notes he brags about so much

[@WannaBeHocker]

🤣🤣🤣🤣.......If you get your financial advice in the same channel where they sell walk in bath tubs and snuggies

[@bkucenski]

You might assume in hyper inflation that your home loan would become worthless and you could pay it off with a few bills out of your wheelbarrow full of cash. Well, in Germany during that time, the banks recalculated the loans under the new currency. This is why it's important to pay off your loans. It will always be more important to keep the banks in business even if it means screwing people over and rewriting loans without your consent. Inflation normally means the value of debt goes down while your income goes up. But there is a limit. You don't want to be holding debt if hyperinflation hits.

[@Platinum_Tugboat]

This is an incredibly intelligent way to look at loans and the importance of paying them off as soon as possible. Thank you!

[@Recedinghairline180]

Well my plans of being mortgage free just took a turn if this is true lol

[@samuelyork5265]

That’s a pretty terrible contract if the bank can just change the amount you owe them at their own discretion. I’d never sign that.

[@Sexy40baby1]

@@samuelyork5265 maybe it didn't change the principle balance but the payment changed on those adjustable rate mortgages in 2008 (remember that). Never mind the details but lots of people signed those. Don't trust that switcheroo won't be pulled somehow

[@truth.speaker]

I have never heard of this before

[@silverltc2729]

The US dollar has lost so much of its purchasing power. Prices don't go up, the value of the $ goes down. Dave is wrong here.

[@changck007]

Totally agree with you. Just give like on his channel here. Enter people’s house and pay respect.

[@danrivera381]

Golden advice from Dave, as usual!

[@swampcrawlerls1267]

So, go all in on Ethereum, got it.

[@a-a-ronbrowser1486]

Been buying and hodling since $300 🤑

[@user-oy9zy4ds9m]

Keeping it in a savings account that’s paying almost zero interest in a high inflation environment is like setting some of it on fire.

[@insideoutsideupsidedown2218]

It is not for an investment or to make money. It is there to be available in an emergency.

[@zerosk8ter9]

Exactly

[@itrebor]

@@insideoutsideupsidedown2218 what if the emergency is rising cost of living?

[@vickieclark5931]

@@itrebor Just make sure you have enough in there to cover emergencies. Only you know what you need. If you have all of your insurances in place like you should. Medical, home, & car, then most of the other emergency costs will not be as bad. But build it up to a little more if you don't think you have enough. It really is that easy.

[@freetoplaypker6509]

Your completely wrong about this one Dave. Your telling people not to have a little bit of insurance against potential out of control currency printing. Big mistake.

[@elliotjames5172]

Okay boomer

[@YankeeStacking]

@@elliotjames5172 Okay Millennial. Now can we dispense with the stupid name calling and engage the left side of the brain for a change??

[@elliotjames5172]

@@YankeeStacking no way!!!!

[@hiromikanai8998]

@@YankeeStacking Love your videos

[@JRob-nt9ck]

He’s talking about an emergency fund. You don’t want volatility in your emergency fund!

[@mikezerker6925]

Her husband is Dwight Shrute and he has invested in beets!

[@denverbasshead]

Ramsey is completely wrong about precious metals

[@goldenneedle5980]

I agree with you Dave really needs to study monetary history

[@randyh801]

I think the funniest parts are his daughter's looks. It's hilarious! There's a lifetime of lectures/I love you but sometimes you're a little much/"dad you're embarassing me" behind every one of those.

[@jenniferleigh1674]

She holds it so well. I cant believe she hasn't said "Oh my gosh DAD!" Im just waiting lol

[@meshaerobinson8316]

@@jenniferleigh1674 It's probably on an episode we haven't seen or something live that was cut.

[@jenniferleigh1674]

@@meshaerobinson8316 so true!!

[@kevins9780]

Dave is a self help guru and a realtor. He knows nothing of currency debasement. Dave should study history.

[@cisium1184]

He's not saying invest in currency as a hedge against inflation. The emergency fund is an emergency fund, not an investment. The point of the emergency fund is to be cash at the ready for emergencies: an immediately accessible _nominal_ value in case you lose your regular income. Inflation is the price you pay for the quick accessibility of that nominal value. You do not change the asset character of the emergency fund to an asset that is less readily accessible, because accessibility is the only purpose of the fund. The emergency fund is three months of expenses. It's not the nest egg. If "currency debasement" of three months of expense money has a significant effect on your overall net worth, then by definition you are poor and spend waaaaay TF more than you should on monthly expenses. Or you live in Weimar Germany in the 20's. Or you are a financial illiterate.

[@aliecerfalcon9481]

A great lecture on commodity vs equity, well done sir well done..

[@runningbear1982]

I wonder how Dave feels about fiat currency such as the Monopoly money our federal reserve prints.

[@tugboat2030]

You only think of it as Monopoly money because you can't conceive of the demand for said money.

[@psalmreader909]

I’m guessing he believes that our country is in a good shape and will recover… well we can pray for that.

[@eugeniocampos1732]

Dave was so wrong in this I got sad.

[@ddfamf88]

Explain, or your opinion means nothing.

[@freetoplaypker6509]

Yes he is very wrong about this one.

[@freetoplaypker6509]

@@ddfamf88 He is very wrong because he is telling people not to even attempt to protect themselves against the inflation we are seeing now, and inflation we will see in the future. The dollar is a piece of paper created by central banks in our country. It has lost something close to 97% (or more!) of it’s purchasing power since 1913. Hence, you could buy a bag of candy for $0.01 in 1913, and in 2021, a bag of candy is $1-3. So if someone saves currency, it loses its value over the years due to the federal reserve printing trillions of dollars every year. It’s idiotic to leave your personal life work and savings in something that is being devalued. Buy precious metals and protect yourself from currency printing.

[@themalik9747]

@@freetoplaypker6509 well put. I would also recommend parking your money in safe index funds as well

[@Ziegfried82]

@@freetoplaypker6509 the saddest story I think I saw was a woman who kept all her savings in CASH in a "safe deposit box" and ended up looking at it 20 years later only to find it EMPTY!! Even if it wasn't empty she would have lost over 40% of the value of her savings over those 20 years, it's disgusting to think about.

[@surfercr3339]

Fantastic video. As usual I learned a lot. Dave you are the best. Thank you!!!

[@jesuschristfollower6251]

Gosh Rachel and Dave are so cute they are the cutest father and daughter God bless them

[@BadBrad119]

Dave bets on tires inflating XD

[@matthewsilver5455]

"He's going to fix everything with a stimulus check" That cracked me up!! LOL

[@Kingmeri]

Hedges are insurance policies. They only return if a non-desired outcome occurs. "Hedges" that gain value with desired outcomes are speculation.

[@freetoplaypker6509]

Yess, someone with a brain

[@ligerllama]

What does Dave have against walk-in bath tubs and Snuggies? 🤣

[@eileeneclark9011]

6/5/21....THEY make him feel OLD!

[@janetcross2797]

We need more like this

[@dogtown1ewok]

Hi Dave, can I use protein powder as a hedge against inflation?

[@ErockedYa]

I remember running up to the 2008 crash dave was saying the same thing and he was wrong then and now.

[@bushmonster1702]

You can’t make an omelette without breaking eggs.

[@MrTmenzo]

You would of made more money investing instead of metals as price history shows, just like he's explaining.

[@randy944]

Caller: Dave can I use my HELOC for the emergency fund lol?

[@Jon_Doe]

my mans been on reddit too long 😂

[@BleedCubbieBlue]

No way, he would have bought GME or Palantir shares.

[@williamlackey123]

@@BleedCubbieBlue GME to the moon!!!!

[@69TDUB]

Watch someone much smarter than Dave. Watch Catherine Austin Fitts, Bill Holter, Lynette Zang, Andy Schectman, Rick Rule, Eric Sprott, Jeff Berwick & Max Igan.

[@HenryPaulThe3rd]

@@BleedCubbieBlue Palantir is a highly unethical company

[@derek3992]

Best thing to have to barder with after a disaster is clean water

[@evalina98000]

"...sucky rate of return..." 😂

[@DeltaFH]

He says the best counter argument to his own position. He states both the South's printed money and Iraq's bills with Saddam became worthless, yet if you used either of those currencies to buy gold, your gold would still have value in another currency. No one is trading gold bars for items when a government fails. But, those people can sell those gold bars when the situation starts to stabilize for the new currency that is taking over.

[@JRob-nt9ck]

To all the naysayers he is answering a question about an EMERGENCY FUND. If you have extra money after all of your baby steps do what you want to. Invest in Blockbuster if you want to. They still have one store open.

[@eugeniocampos1732]

True, get his point but his argument was full of falacies

[@gmoney5947]

I watched that documentary too!

[@Kane6676]

I love hearing Dave destroy the fake bullion dealers and their fake marketing scams

[@shellyballard8316]

I really want to see a “discussion” between Dave & Lynette Zang.

[@richardelfrink6483]

Lynette wouldn’t waste her time, Dave Ramsey should not be giving investment advice he is still living in the 70,s.

[@NICK20ty]

"Save the day....with a stimulus check" 😆😆

[@RevolutionRequired]

Prices don't inflate, they go up and down. Inflation is the increase in the supply of money.

[@BetYouHateMeNow]

and when more money is printed don't things go up in price?

[@ghostpos]

Totally agreed Dave. Dead on.

[@jeffdorris5321]

Nice work 🎆✨

[@ginginbenton6463]

Oh my! 😱 thanks D!

[@MySiberianMax]

Dave, should I try to double my emergency fund by playing roulette?

[@sharjb2271]

😂😂

[@newaccount5172]

yes

[@8721superboat]

Paper is poverty

[@ultrahighgain412]

So Dave doesn’t believe the world is falling apart? Interesting.

[@vickieclark5931]

This world has been falling apart since humans started occupying it.

[@jurikowhy359]

@@vickieclark5931 exactly

[@ultrahighgain412]

@@vickieclark5931 very poetic, but it’s definitely reached an accelerated pace during the past few years.

[@Michael-vf2mw]

Dave's a little insulated from reality sometimes.

[@jrwntctv8091]

It certainly is not. It's changing and only people who can't adapt see it as falling apart.

[@TheTurdballs420]

I put my emergency fund in Game Stop stock which allowed me to complete all the baby steps overnight! To the moon!!!

[@miyagidojo9479]

Yeah emergency fund should be cash and stable. But these people have terrible views on actually investing. “When it comes to investing we think you should do mutual funds and retirement vehicle like Roth IRA, 401k, 403b, etc” Whaaaaat? Just a bunch of mumbo jumbo. I cant believe i used to think dave ramsy was so great. Great for getting out of debt. Terrible for everything else like building wealth.

[@changck007]

King for getting out of debt. Period. And literally period. Look for someone else on investing front😄

[@staceyalbert2658]

What is terrible about saying that people should invest in mutual funds instead of individual stocks, and should invest using retirement vehicles like IRAS and 401ks? I don't agree with Dave on all of his investing advice, but this is pretty plain vanilla, good advice.

[@insideoutsideupsidedown2218]

Could agree until those other "people" you speak of to look at for investing tell you to borrow money to invest.

[@alquinn8576]

@@staceyalbert2658 iirc the mutual funds that Ramsey pushes have extremely high expenses (>1% AUM). index funds are much better.

[@staceyalbert2658]

@@alquinn8576 Oh, I agree with you on that. Index funds are the way to go - low expenses and much better performance overall. But Miyagidojo had a problem with the advice to use mutual funds (which could be index funds or managed funds) and to use retirement vehicles.

[@tommyk4113]

Well Dave, what about copper and lumber, both are commodities and are going up right now

[@nghinguyen875]

yeah but it would be unwise to drain your 3-6 months emergency funds to stockpile a garage full of two-by-fours lumber because wood cost is rising. i think the point being readily accessible money for an emergency such as loss of job, layoffs, etc.

[@zrzr4]

@@nghinguyen875 pre 1983 pennies are worth .03 in copper

[@timguthrie5583]

Commodities go down after they go up... Everytime.

[@zrzr4]

@@timguthrie5583 the average ev is going to take 180# of copper.

[@bighands69]

Production was stopped for a long period of time and demand never went away. This is unusual times for us to be in so we will need to wait and see.

[@musicjazzvez]

Thank you for sharing is a good advice!

[@matthewkelleher1647]

I watched this video and KZbin gave me an ad for "diamond coins". 😂 Haha.

[@lanc2776]

Thumbnail looks like the stacking cups I used to play with

[@6729solarwolf]

Rainy day fund is for rain only. The money needs to be liquid and accessible. In case Timmy has an accident on his bicycle, that's what the money is for.

[@justinacase2623]

Lassie will save Timmy! Saw it on TV.

[@bighands69]

@@justinacase2623 Lassie still needs an emergency fund.

[@justinacase2623]

@@bighands69 Yes! Those vet bills are crazy high! Vets acting like doctors, oh wait...

[@johnman5098]

Soooo your saying really have a emergency fund of fake fiat that when shtf it will be worth nothing because that’s what you just said. Dave is too one track minded and programmed to understand what’s coming.

[@jasonhopkins4778]

So, they captured you and made you say the pledge too

[@jrwntctv8091]

Nobody understands what's coming. Nobody.

[@SimplyZBest2000]

🤣🤣🤣😂😂😂😂😂😂 Just read The Total Money Makeover and Follow the steps. This rant was everything lol. The look on Rachel's face 😆😆😆 when the caller stepped on the land mine.

[@hunter367]

The best way to stay poor is not investing

[@williamschneider3375]

Central banks seem to be buying lots of gold

[@brad9092]

Now I got to go find me some snuggies! LOL

[@franco521]

1:00 Don't buy Chevron stock 3:45 Buy Exxon stock Huh?

[@tugboat2030]

You shouldn't invest your emergency fund. That should be in cash for ready use. If you're worried about inflation, you should invest in Exxon stock with the money you have beyond an emergency fund and you have the ability to invest.

[@gabrielgonzalez6456]

Commodity stocks or a commodity mutual fund that obviously hold oil, wood companies, etc

[@ETOOHUGO]

He used that example to explain the HEDGE against inflation question she asked.

[@franco521]

Based on replies: *Don't buy stock inside your emergency fund *Do buy stock outside your emergency fund to hedge against inflation Thank you

[@HomeGrownPyro1]

Hey Michelle, I live in Scranton too!

[@networkgeeek]

I bought rare coins many years ago, held them for about 20 years and then sold them for a 40% LOSS. I calculated the return I would have gotten if I put the money in an indexed fund. I almost wept when I found I could have made a 400% return!

[@AS-ng5pi]

My in-laws did the same thing. I was finally able to help convince them that mutual funds will much better serve their needs. Sorry to hear you were also bamboozled. Hope you can recover, best of luck.

[@newaccount5172]

maybe do some research and buy them at a good price instead of being a fool?

[@mikkocarlos5913]

Stick with the baby step plan, no emotional volatility, just attack as per plan.

[@cameroncarter1396]

So basically kiyosaki, Peter S, mike Maloney , etc are all wrong?

[@zrzr4]

Stephen Leeb, Pierre Lassonde, James Turk, Jim Roger's, Louise Yamada, Bill Fleckenstein, Rob Arnott, James Rickards.

[@jeffsingleton88]

no. Dave is wrong. the proof is in his own words within this video

[@alibhatti4670]

green fake papers lol he almost said it

[@GJI1024]

Inflation is an increase in the money supply. Rises prices are just a result.

[@joekerr392]

7:26 Did Dave just identify with the defeated Confederacy?

[@mikebrownbassist802]

He was born and raised in Nashville Tennessee. Where do you think the confederacy was?

[@chase4116]

He lives in TN, which was a part of the Confederacy you idiot. Being a Tennessean it is the correct usage of the term.

[@benb7727]

He was speaking geographically. Not politically or morally. He lives in Tennessee.

[@freetoplaypker6509]

Every paper currency returns to its real value of $0.0000001. Same happened with the confederate currency. It was just paper, as is the dollar.

[@hockeydude4495]

hahaha "tooobifoors"

[@laoy4415]

No mention of currency debasement? The purchasing power of your $ (ie what you can buy with it). Lol inflation by definition is the expansion of the money supply not prices going up. We are having both at the moment. The guys is a lol

[@titusjames4912]

What about tungsten? When production increases everyone wants tungsten.

[@lionelhuts875]

I prefer Wolfram.

[@alexusleanne1860]

Stellar Lumens emergency fund

[@Anthony-zw1qb]

If u can afford it go ahead and buy it.

[@barbieblue3336]

I am running out of rice & beans, beans and rice

[@MsLucky443]

😂Good show!

[@geraldtong4414]

Ramsey's investment advice is putting it in a saving account? It is Golden!!!!!!

[@allenpriest8985]

No that is not what he is saying at all. He is talking about putting your 3-6 month emergency fund into cash. Because it's an emergency fund which is not an investment. Anything in excess of the emergency fund gets invested in stocks.

[@Mo-gd7xn]

I am from Scranton, I am so embarrassed...

[@billymasters9140]

Dave don't know! I'm 47 and gonna take on a bunch of debt for an pimped out Escalade with a 1400$ payment. It's a good move!

[@Cravz69]

There should be a requirement of listening to Dave for at least 90 days before calling with this type of question. Haha

[@MichaelCTruth]

So what's the answer to hedge against inflation? He mentioned buying stocks in things that go up during inflation but at the same time said not to buy them. What about VTI ETF?

[@dancebrittany23]

Is it just me, or have the calls sounded really muffled lately? I feel like a lot of these calls are so hard to understand!

[@bushmonster1702]

Half of these videos I just turn off. The line quality is shambolic.

[@seankmath2214]

The million survey that Chris did!

[@josephjohnson6624]

Facts‼️💪🏿❤️💪🏿❤️💪🏿❤️

[@talyahr3302]

Dave's advice is always...golden 😉🏅

[@69TDUB]

Dave is wrong more than 50% of the time. Also Dave has never apologized for hurting people because they took his terrible advice.

[@eugeniocampos1732]

Not today😕

[@sami-9233]

Not always.. Good usually Never phenomenal

[@TheOpinionSports]

No it isn’t, his advice on cash value insurance is terrible

[@TheOpinionSports]

@Jforet yes I do