1/25/2009 12:23:08 PM
I believe that Ramsey is old school thinking. His advice is very standard and what the older generation used to believe. For example, he doesn't like gold because if you invested in the DOW since the depression, you would outperform everything. BUT, if you started buying GOLD in 2001, you would still have your money. The plan he lays out is not going to help you NOW! Kudos to you for being good with your money. Why don't you try buying a little gold and silver and hanging on to it. It won't evaporate into thin air like some of these bank stocks and you have something tangible that is going to hold value. Try www.nwtmint.com. They are pretty good. Or a local coin shop. They usually have some silver coing and gold available.
Keep on moving!!!