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Source document· June 21, 2026

Dave Ramsey says most millionaires just copied the guy in the next cubicle — not debating the perfect portfolio

View original at finance.yahoo.com
Dave Ramsey says most millionaires just copied the guy in the next cubicle — not debating the perfect portfolio Jackson Laizure/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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  • Nearly 50% of Americans are making one big Social Security mistake.

    60% confidence
  • JP Morgan forecasts gold will reach $6,000 per ounce before 2027.

    60% confidence
  • Long-term market outperformance by active fund managers is the exception and not the rule.

    60% confidence
  • Investors can still find mutual funds that outperform the market; his preferred strategy is a mix of growth-oriented large-cap, mid-cap, small-cap, and international funds that have demonstrated long-term success relative to their benchmarks, which can generate slightly better returns than the S&P 500.

    60% confidence
  • 100% of people who invest end up with more money than those who don't, every time.

    60% confidence
  • Many people are stuck in analysis mode while their wealth-building years slip away; people with opinions about investing often have no money.

    60% confidence
  • Based on the National Study of Millionaires, many millionaires are just regular people who picked their mutual fund based on what the person in the next cubicle was doing — the key was they were investing, not just talking about it.

    60% confidence
  • Fewer than half of individual mutual funds in the growth mutual fund sector outperform the market.

    60% confidence
  • People should 'shut up and invest' because those who invest end up with more money than those who don't, regardless of the specific vehicle chosen.

    60% confidence
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Morgan Stanley & Co. LLC
Two significantly different EPS values (10.21 vs 2.68 USD_per_share) are reported for Morgan Stanley on the same observation date (2025-12-31). Fact A specifies FY 2025, while Fact B's 'N/A' fiscal period is ambiguous. If both represent FY 2025 annual EPS, these values directly conflict. The magnitude of the difference (3.8x) is too large to attribute to rounding or minor calculation variations. The missing fiscal period in Fact B raises data quality concerns, but same-date observation + same attribute should reference the same period.
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