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Dave Ramsey's ELP's pay him to not understand investment fees

Bogleheads • View forum - Investing - Theory, News & General - www.bogleheads.org
Apparently Dave Ramsey is making money from his ELP ("Endorsed Local Provider") network of high expense ratio loaded mutual fund salespeople. So much that Dave "doesn't understand" why fees are such a big deal. He goes on and on about it in this recent airtime:

By all means make $ by giving your otherwise sound advice through your talk show (advertisements), financial literacy books, courses, etc. But directly giving horrible investment advice?
Date: May 12, 2017   



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