Episode 385: How Does Dave Ramsey Not Get Sued for this?

In this episode, we ask:

• How compliant was Mark toward Dave Ramsey’s rules?
• Have you heard Episode 323?
• What about Pamela Yellen’s BankonYourself.com website update?
• What advice did Dave give Thomas?
• Why do so many viewers confuse Dave Ramsey for a financial advisor?
• Did Dave do a thorough needs analysis on Thomas’s situation?
• Is Dave’s claim that whole life insurance costs 20 times the cost of term life insurance true?
• What does the math say?

• What is Dave’s hatred of whole life insurance about?
• Is cash value accessible in the first month of a whole life insurance policy?
• Is it possible that Dave Ramsey could be wrong about something?
• Would you like to listen to Episode 6, Episode 36, Episode 73, Episode 110 and Episode 143?
• Why does Dave talk about an “average rate of return” on life insurance?
• Why does he call life insurance an investment?
• Is life insurance an investment?
• What happens to financial advisors who call life insurance an investment?
• What about the case study?
• What about the money market accounts?
• What about Dave’s term insurance ads on his show?
• Is it reasonable to expect 12% returns on mutual funds?
• What are the real returns before taxes are considered?
• What about uninterrupted compounding?
• Who invented the phrase “buy term and invest the rest”?
• Is it true that insurers confiscate the cash value when you die?
• Is that how equity contracts work?
• How about an example?

• What about life insurance?
• Would you like to see Pamela’s policy statement?
• Is this just ignorance?
• Is it more profitable to sell advice than to take it?
• What have you discovered in your research? Let us know in the FREE Not Your Average Financial Community!