Thanks for the question! I won’t speak for Rod, but I’ll tell you why I do it. I do it because. . . 1. Dave is ignorant and arrogant. He cares more about being “right” than he cares about giving quality authentic advice and sadly he’s just flat out lying in some situations. 2. Some of his advice isn’t just laughable, it’s actually dangerous! (Think this 8% withdrawal rate he’s preaching, I hope nobody is doing their retirement income math the way he does. That could really hurt someone!) 3. There’s a more effective path to wealth creation than the one he puts the masses on. Not only that, it’s not at all the way he’s built his personal wealth! It’s not that none of his stuff will help, but it’s a much slower path. 4. Dave gives advice as if people are too stupid to understand financial principles for themselves. (Think leverage! Anyone who is serious about wealth building knows that leverage is the most powerful wealth building principle that exists, and Dave implores people to avoid it all costs, instead of teaching them how to use it as an effective tool. It’s like saying you can’t use a knife because you’ll cut yourself instead of teaching you how to use a knife without cutting yourself. This holds people back from accomplishing the type of wealth that Dave himself has created. Finally, it’s fun! He’s obviously got a massive following and we often get more people hitting our videos when we rebuff Dave’s nonsense. Thanks again for your comment!
You two spent 47 minutes trashing Dave. Why? He has helped a lot of people. Dave's followers don't follow everything he says. They take what they need and leave the rest . I'm debt free including my mortgage. I have a credit score of 830 and one credit card with a zero balance. I have followed Dave's baby steps and I don't like Trump!
Thanks for the question! I won’t speak for Rod, but I’ll tell you why I do it. I do it because. . .
1. Dave is ignorant and arrogant. He cares more about being “right” than he cares about giving quality authentic advice and sadly he’s just flat out lying in some situations.
2. Some of his advice isn’t just laughable, it’s actually dangerous! (Think this 8% withdrawal rate he’s preaching, I hope nobody is doing their retirement income math the way he does. That could really hurt someone!)
3. There’s a more effective path to wealth creation than the one he puts the masses on. Not only that, it’s not at all the way he’s built his personal wealth! It’s not that none of his stuff will help, but it’s a much slower path.
4. Dave gives advice as if people are too stupid to understand financial principles for themselves. (Think leverage! Anyone who is serious about wealth building knows that leverage is the most powerful wealth building principle that exists, and Dave implores people to avoid it all costs, instead of teaching them how to use it as an effective tool. It’s like saying you can’t use a knife because you’ll cut yourself instead of teaching you how to use a knife without cutting yourself. This holds people back from accomplishing the type of wealth that Dave himself has created.
Finally, it’s fun! He’s obviously got a massive following and we often get more people hitting our videos when we rebuff Dave’s nonsense.
Thanks again for your comment!
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You two spent 47 minutes trashing Dave. Why? He has helped a lot of people. Dave's followers don't follow everything he says. They take what they need and leave the rest . I'm debt free including my mortgage. I have a credit score of 830 and one credit card with a zero balance. I have followed Dave's baby steps and I don't like Trump!