The Bond Bubble: Dave Ramsey's Blunt Warning on Retirement Investing Dave Ramsey is never one to mince words when it comes to financial advice, and his recent scathing assessment of standard asset allocation for retirees has left many in the industry scratching their heads.
His assertion that moving to conservative bond investments in old age is "mathematically stupid" warrants closer examination.
Conventional wisdom on retirement investing holds that a mix of stocks and bonds is the safest bet, especially as one ages.