I’m surprised Dave Ramsey is still a ‘buy and hold’ guy. His daughter is a bit more cautious, but you can hear her reluctance sometimes when they discuss the market
Dave Ramsey still makes money from conning his listeners into paying high up front and annual fees to “Smartvestor Pros” so he can’t publicly get bearish.
In addition most of his assets are in real estate so it does not really matter to him what happens with the stock market.
The good news is that most of his listeners are so broke that the stock market will almost certainly crash before they claw their way to baby step 7....
;-)
“I’m surprised Dave Ramsey is still a ‘buy and hold’ guy.”
Well, it all depends on your time frame. If you have 5 or more years, I would definitely go along with Ramsey.
With less than that, go 50/50.
With only one year, cash it or put it into money markets or CDs.
He’d probably say the same thing.