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What 4 investments does Dave Ramsey recommend?
What 4 investments does Dave Ramsey recommend?
SapphireRider
Sun Sep 01 2024
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6 answers
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Dave Ramsey, a well-known financial advisor, is known for his straightforward approach to personal finance. When it comes to investments, he has a few key recommendations that he often shares with his audience. Can you tell me what are the four investments that Dave Ramsey typically advises individuals to consider? Are these investments suitable for all types of investors, or do they have specific requirements or considerations? I'm interested in understanding the rationale behind his recommendations and how they can help individuals achieve their financial goals.
6 answers
DondaejiDelightfulCharm
Tue Sep 03 2024
Ramsey, a renowned financial advisor, advocates for a diversified approach to mutual fund investments. At the CORE of his recommendation lie four distinct categories of funds tailored to various investment objectives.
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WindRider
Mon Sep 02 2024
To further diversify one's portfolio, Ramsey suggests considering international funds. These funds invest in securities issued by companies located outside of the investor's home country, offering exposure to global growth opportunities and potentially mitigating the impact of domestic economic fluctuations.
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Caterina
Mon Sep 02 2024
When it comes to asset allocation, Ramsey takes a bold stance. He advocates for a 100% stock portfolio, eschewing any allocation to bonds or other fixed-income investments. This approach is grounded in his belief that stocks offer the best long-term returns for investors willing to withstand short-term volatility.
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SsangyongSpiritedStrength
Mon Sep 02 2024
Growth and income funds, as the name suggests, aim to provide both capital appreciation and regular income distributions to investors. These funds typically invest in a mix of dividend-paying stocks and growth stocks, offering a balance between current income and long-term growth potential.
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CoinMaster
Mon Sep 02 2024
Growth funds, on the other hand, prioritize capital appreciation over dividend income. They invest primarily in companies with high growth potential, seeking to generate significant returns over time. These funds are ideal for investors with a longer investment horizon and a higher risk tolerance.
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