Comments on: Financial Guru Review: Ben Stein

By: Neil

Neil — Wed, 15 Jul 2009 12:47:49 +0000

I think that financial gurus are useful, but only if you take their advice and aplly it with some good sense to your situation. Don’t just blindly do whatever they suggest as it may not work for you.

By: Green Panda

Green Panda — Wed, 08 Jul 2009 23:05:19 +0000

Thanks for the information. I think this review taught me a but mire about Ben Stein. I always associated him with his commercials and TV show.

By: Keith Morris

Keith Morris — Wed, 08 Jul 2009 16:01:21 +0000

While it's true that you're not paying a lot to credit card companies by paying off your balance, it may also be true that you're spending more than you would be if you just used cash. Michael over at Money Musings has an interesting post about his spending trends on credit vs. cash only.

By: Miranda

Miranda — Wed, 08 Jul 2009 13:14:39 +0000

I’m with The Weakonomist on this one. I really like Ben Stein’s personal finance style, but glad he isn’t setting economic policy. (Not that the economic policies followed in the last 25 years have been great anyway.) But I do like how he is an advocate of using all the tools in your financial arsenal — including credit cards. There is no reason to go into debt when using a credit card. If done right, it can be just another tool.

By: The Weakonomist

The Weakonomist — Wed, 08 Jul 2009 12:34:37 +0000

I’m glad his PF advice is sound because his economic advice is terrible.

On 3/18/07 he said the subprime mess would blow over and in august of the same year said banks are bargain buy and stocks will
be a lot higher in the next 12 months.

Peter Schiff, who predicted this whole credit mess, was on the show in August talking about the coming crisis and Stein said Schiff is simply wrong.