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“Sequence of Returns”
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George made a video talking about why paying your home off is always a good idea. One of the reasons was that the money saved or invested over paying off your mortgage isn’t a “straight forward calculation”. He mentioned tax implications and… sequence of returns.

After all the hate for so staunchly ignoring it when it came to the observably bad 8% retirement withdrawal advice…. Now it’s a factor.

If I weren’t banned already from the DR subreddit, I’d use this as my reason. The grift is a live and well. Shameless in their message and unremorseful in who is impacted.

https://youtu.be/6Q9BZ30nqp8?si=uDX61FzYZR_KcDsy

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It's just pretty clear that the Dave Ramsey channel, business etc is not a 'knowing personal finance' business....its a lifestyle business with a sales component. So these little inconsistencies and bad info that pop up from time to time are pretty on brand.

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2 months ago