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David Bach was on the today show this morning. He was touted as a financial expert. What?!? He is proof that financial advice on TV is a disaster waiting to happen. This guy published a book in 2006 titled “The Automatic Millionaire Homeowner.” In 2006! Anyone remember anything about 2006? It was a turning point for the housing market. He was a cheerleader – encouraging folks to purchase a home at the height of the housing bubble.

David Bach is probably the last person you should be taking advice from – unless you’re trying to sell a book.