Dave Ramsey Made Millions During The 2008 Crash

Benzinga

Dave Ramsey capitalized on the 2008 financial crisis by purchasing real estate at significantly reduced prices, while others were offloading properties. By buying homes for as little as 15 to 20 cents on the dollar in severely impacted cities like Las Vegas and Riverside, Ramsey accumulated substantial assets by staying debt-free and maintaining ready cash. His approach highlights the importance of strategy, patience, and seizing opportunities in times of economic downturns.

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00:00Dave Ramsey made millions during the 2008 crash, while most people were losing everything.

00:05When home prices collapsed and foreclosures flooded the market, Ramsey wasn't panicking.

00:09He was buying real estate for as little as 15 to 20 cents on the dollar.

00:13In cities like Las Vegas and Riverside, home values dropped over 25%.

00:17While investors were running for the exits, Ramsey was doubling down,

00:21stacking properties, and holding steady. He didn't flinch because the real losses only

00:25happen when you cash out at the bottom. This wasn't luck. It was strategy and patience.

00:29Ramsey stayed debt-free, kept cash ready, and struck when opportunity hit hardest.

00:34Follow Benzinga for more stories about money moves, timing, and playing the long game.

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