Does Dave Ramsey invest in gold or silver?

Why is gold no longer a good investment?

Buying physical gold gives investors the flexibility to resell it when needed, but there is no guarantee that investors will get the same market price when they sell, and physical gold does not produce a yield while it is held. As an investment asset, the profit made from selling gold is subject to capital gains tax.

Is Dave Ramsey a Trump supporter?

Ramsey supported Donald Trump in the 2024 United States presidential election.

What is Dave Ramsey's 8% rule?

In the case of Ramsey's 8% rule, the assumption is that you have amassed a big enough nest egg that you can pull out at least 8% a year for many years, which unfortunately is not the case for everyone. The problem is, most Americans do not retire with a large nest egg.

Why is silver not a good investment?

However, its higher volatility compared to gold means it should be part of a balanced strategy rather than your only asset. Whether you choose physical silver, ETFs, or mining stocks, the key is to align your silver investment with long-term financial goals.

Why is silver called poor man's gold?

However, historically, silver has been more affordable than gold, making it more accessible to more people, hence the term "poor man's gold." Despite its lower price, silver shares many properties as gold, such as its lustrous appearance, used in industry and jewelry, and, of course, in the striking of coins.

What is the 80 50 rule for silver?

The 80/50 Rule: A powerful and proven signal for commodity investors — the gold-to-silver ratio has guided wealth shifts for decades. When this ratio crosses 80, silver signals opportunity; when it falls below 50, gold takes the lead.

Should I buy gold or silver in 2025?

Gold and silver prices have both surpassed numerous price records in 2025. Gold is trading above $4,000 per ounce and silver has more than doubled since early 2023. Analysts point to central bank buying, inflation worries and currency concerns as reasons why both metals could push even higher heading into 2026.

What does Warren Buffett say about buying gold?

Over time, Buffett has always said gold is inferior as a long-term investment.

What will 1 oz of silver be worth in 10 years?

Some financial analysts have bullish price predictions for the precious metals market, which means they anticipate strong price growth. Others estimate that silver will reach $50 an ounce in 2025 and hit $77 before 2028.

What are the 4 funds Dave Ramsey recommends?

The best way to invest in mutual funds is to have these four types of mutual funds in your investment portfolio: growth and income (large cap), growth (medium cap), aggressive growth (small cap), and international. This will help spread your risk and create a stable, diverse portfolio.

What is the 4% rule Dave Ramsey?

Ramsey has said he believes that retirees can earn up to a 12% annual return from mutual funds, and will therefore be safe to withdraw more than the standard 4% per year without jeopardizing their nest egg. He calls the standard rule “absolutely wrong” and “ridiculous.”

How long will $500,000 last using the 4% rule?

Your $500,000 can give you about $20,000 each year using the 4% rule, and it could last over 30 years. The Bureau of Labor Statistics shows retirees spend around $54,000 yearly. Smart investments can make your savings last longer.

How many people have $1,000,000 in retirement savings?

Data from the Federal Reserve's Survey of Consumer Finances, shows that only 4.7% of Americans have at least $1 million saved in retirement-specific accounts such as 401ks and IRAs. Just 1.8% have $2 million, and only 0.8% have saved $3 million or more.

Did 79 millionaires inherit $0?

79% of U.S. millionaires did not receive an inheritance from their parents or other family members. The majority of millionaires really did work for their wealth (and made their wealth work for them). They didn't wait for a rich uncle to come along with a check for $1 million.

Why did Chris Hogan leave Dave Ramsey?

Departure from Ramsey Solutions

"I'm sorry for the harm that this has caused." Hogan had admitted to having several affairs, including one with a fellow Ramsey employee, during his divorce proceedings with some discipline from the leadership.

What is Dave Ramsey's average return on the stock market?

Ramsey has mentioned that he has achieved a 12% annual return over the past decade, so I went back to 1922 and broke the returns into 10-year rolling periods to see how many 10-year periods since 1922 the S&P 500 index returned over 12%.

What if I invested $1000 in gold 10 years ago?

Bottom Line

If you had invested in Kinross Gold ten years ago, you're probably feeling pretty good about your investment today. A $1000 investment made in December 2015 would be worth $13,821.78, or a 1,282.18% gain, as of December 15, 2025, according to our calculations.

What is the smartest thing to invest in right now?

11 best investments right now

1. High-yield savings accounts. OK, a savings account isn't technically an investment, but rates continue to be high, even following the recent Federal Reserve rate cut. ...
2. Certificates of deposit. ...
3. Government bonds. ...
4. Corporate bonds. ...
5. Money market funds. ...
6. Mutual funds. ...
7. Index funds. ...
8. Exchange-traded funds.

Why is gold a bad investment Dave Ramsey?

According to Ramsey, gold has a poor long-term performance record compared to other investments. He points out that gold has yielded lower returns than mutual and index funds. This underperformance makes it a less attractive option for investors aiming for substantial wealth accumulation.