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Mutual fund investors can get some good tips from his talk radio show but they are wise to understand the difference between entertainment and sound investment practices.

To be completely fair, let's begin with Dave's Investing Philosophy, specifically regarding mutual funds, taken directly from his website: If your risk tolerance is low, which means you have a shorter time to keep your money invested, put less than 25% in aggressive growth or consider adding a "Balanced" fund to the four types of funds suggested.

asset type; there are only stock funds, no bond funds or cash (money market or stable value).

Dave Ramsey's advice on mutual funds gets a few things right but some key points terribly wrong.

Ramsey, the investment advice and financial planning guru, gives his radio show listeners and book readers sage financial planning advice in many ways but he gives some poor advice on mutual funds.

Last modified 16-Aug-2015 15:58