We've been 10+ year bull market, so there's going to be a correction.
I don't agree with your statement, but anything is possible.
Eh, maybe. It's sort of like the Yellowstone Volcano. We have been "due" for an eruption for a long time -- doesn't necessarily mean it will happen. The DJI could break 40k before any sort of meaningful correction for all we know.
Investing isn't really Dave Ramsey's forte. I think his strong suit is basic financial literacy and behavioral modification to stop spending addiction and to live frugally while applying his debt snowball (smallest balance gets priority) even if it's not the "best" way mathematically. IMO he's decent for small business and entrepreneurial leadership advice.10-12% return on investment...
Dave was born in 1960. If he started his investing at age 19 (1979), the S&P cagr since then is approximately 12% with a mean annual return of 13%. There have been ups and downs, but that's basically been the market return for the previous 40 years.
Now that isn't inflation adjusted and it's probably not likely to continue for the next 40 years at that same rate, but during Dave's investing lifetime a 12-13% annual return has basically been "average".
hey mind sharing where you see those numbers? I’ve been looking at various s&p index funds and the historical average seems to be ~7%