I agree with pretty much everything you said regarding Ramsey. Especially that he would think you (formerly we) are fools for investing in AMBS.

For a moment I thought you meant Dave Ramsey wanted to buy AMBS on margin. Then I realized you must have meant your cousin Dave Ludlow.

It is my opinion that buying anything with anyone else's money is foolish. I don't think Dave Ludlow is a dolt like Manolo, but I wouldn't recommend that he buys on margin.