I was listening to old Dave a couple of weeks back. He typically sticks with his pay off debt and then save routine but this tine he threw in a little investment advice....
"Sometimes I buy load funds - like American Funds - b/c the expense ratio is lower over time and I don't mind paying the load."
Without actually doing the math it seems absolutely wrong, not to mention he fails to account for the "cost" associated with turnover. Too bad so many of his die hard listeners would be willing to jump off a cliff if he said so. Anyone looking for work as an investment counselor under Dave? Or do you prefer Suze?
Hope everyone is doing well.
"Sometimes I buy load funds - like American Funds - b/c the expense ratio is lower over time and I don't mind paying the load."
Without actually doing the math it seems absolutely wrong, not to mention he fails to account for the "cost" associated with turnover. Too bad so many of his die hard listeners would be willing to jump off a cliff if he said so. Anyone looking for work as an investment counselor under Dave? Or do you prefer Suze?
Hope everyone is doing well.