Dave Ramsey's Do's and Dont's of Investing

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  • Опубліковано 21 лис 2024

КОМЕНТАРІ • 754

  • @KennedyVerbruggen
    @KennedyVerbruggen 4 дні тому +804

    Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

    • @vanessahopkins-g5y
      @vanessahopkins-g5y 4 дні тому +3

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

    • @jorgeHudson-h4h
      @jorgeHudson-h4h 4 дні тому +2

      The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.

    • @belobelonce35
      @belobelonce35 4 дні тому +1

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

    • @jorgeHudson-h4h
      @jorgeHudson-h4h 4 дні тому

      I work with the popular Rebecca Nassar Dunne. Who happens to be a is a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.

    • @jorgeHudson-h4h
      @jorgeHudson-h4h 4 дні тому

      REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.

  • @HectorWhitney
    @HectorWhitney 18 днів тому +714

    My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

    • @TinaJames222
      @TinaJames222 18 днів тому +5

      The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

    • @RaymondKeen.
      @RaymondKeen. 18 днів тому +4

      I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx 18 днів тому +4

      Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

    • @RaymondKeen.
      @RaymondKeen. 18 днів тому +2

      Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @ChristianKelv
      @ChristianKelv 18 днів тому +2

      Thanks a lot for this recommendation. I just looked her up on google, and I have sent her an email. I hope she gets back to me soon.

  • @tonysilke
    @tonysilke 8 днів тому +846

    As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

    • @Nernst96
      @Nernst96 8 днів тому +3

      If you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk

    • @PatrickLloyd-
      @PatrickLloyd- 8 днів тому +1

      Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.

    • @PhilipDunk
      @PhilipDunk 8 днів тому +1

      @@PatrickLloyd- Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

    • @PatrickLloyd-
      @PatrickLloyd- 8 днів тому +1

      Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

    • @PhilipDunk
      @PhilipDunk 8 днів тому

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @CameronFussner
    @CameronFussner 3 місяці тому +463

    Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @AlfredWilliams-ki6ri
      @AlfredWilliams-ki6ri 3 місяці тому +6

      Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx 3 місяці тому +3

      Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

    • @williamDonaldson432
      @williamDonaldson432 3 місяці тому +1

      After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 місяці тому +2

      Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 3 місяці тому

      @@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

  • @michaelodonnell4869
    @michaelodonnell4869 5 місяців тому +148

    Dave is a great starting point for most people that know nothing about finance. Once you get to a point, Dave’s recommendations may not be the best move.

    • @TheShowOff2I
      @TheShowOff2I 5 місяців тому +51

      Dave is kind of like a Boxing coach that coaches youth kids up until they hit a certain age and that boxer has to find a higher level coach to help him in the professional ranks

    • @nvo7
      @nvo7 5 місяців тому +7

      @@TheShowOff2I That's a great analogy.

    • @smileychess
      @smileychess 4 місяці тому +12

      @@TheShowOff2I - And there ain't nothing wrong with that.

    • @toohda
      @toohda 4 місяці тому +2

      @@smileychesskinda, because he preaches that he knows everything and his war is the only way

    • @DoggoWillink
      @DoggoWillink 3 місяці тому

      @@smileychessIt’s a little cultish tbh. I just saw a video of “what’s broke mean” and they’re talking about seeing a 40k car in front of an apartment as an example of what being broke means. Like, that’s an insane statement. They overdo it sometimes… or a lot of the time tbh.
      Also the mutual fund thing is an issue, as they don’t outperform the market. Good passive funds and ETFs consistently outperform even the best mutual funds over time.

  • @gilbertnicholas1582
    @gilbertnicholas1582 5 місяців тому +616

    S&P 500 and chill

    • @McShibby10
      @McShibby10 5 місяців тому +2

      ETF? Whats your your average cost?

    • @James-Lifts
      @James-Lifts 5 місяців тому +8

      @@McShibby10lol

    • @vic9307
      @vic9307 5 місяців тому +8

      JEPQ SPYI and chill

    • @TheAcidicMolotov
      @TheAcidicMolotov 4 місяці тому +7

      @@McShibby10referring to expense ratio its a measly .09%. Average cost is 500, just buy dollar amounts

    • @livingart2576
      @livingart2576 4 місяці тому +1

      I invest in the S&P500 for myself but I prefer the total stock market for my children’s investment accounts

  • @ErikKlaasenDad
    @ErikKlaasenDad 7 днів тому +746

    Tesla “TSLA” shares surge with CEO Elon Musk's involvement in the US election seemingly pays off after President-elect Donald Trump's win. which stocks could potentially become the next in terms of growth over the next few months. I've allocated $350k for lnvestment, looking for companies to make additions to boost performance.

    • @HenriqueOrson-t6s
      @HenriqueOrson-t6s 7 днів тому

      I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

    • @StalinUndav
      @StalinUndav 7 днів тому

      Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 40% this year alone... maybe you should do the same.

    • @MarieVincente87
      @MarieVincente87 7 днів тому

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @StalinUndav
      @StalinUndav 7 днів тому

      Elisse Laparche Ewing is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @ReginaAlbrighton
      @ReginaAlbrighton 7 днів тому

      Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.

  • @Mike-ss1ju
    @Mike-ss1ju 5 місяців тому +137

    I listen very carefully to Dave's advice about bitcoin. The second he flips and turns bullish on bitcoin is when we should all dump it.

    • @scottleggejr
      @scottleggejr 5 місяців тому +13

      Cramer style. I like it 😂

    • @mr.potatochip8875
      @mr.potatochip8875 4 місяці тому

      Dump it for now, iykyk

    • @Delboydunno
      @Delboydunno Місяць тому

      lol he never will. He understands what it is. Bitcoin is used by scammers and used to buy illegal drugs/ weapons. Other than that it’s functionally a pump and dump scheme for influencers to keep making money.

    • @acardinalconsideration824
      @acardinalconsideration824 10 днів тому +5

      It’s currently on the cusp of $90k as I type this and more and more boomers are hungry for a taste

    • @N8R_Quizzie
      @N8R_Quizzie 9 днів тому

      ​@@acardinalconsideration824I had in the back of my mind "if I knew this would go to 100k after the election how much should I be putting in?" And in my uncertainty I put in a good amount but not as if it were free money lol.

  • @krsmedley
    @krsmedley 5 місяців тому +59

    Dave gives really great practical advice for most people. That said, some of his opinions are stuck and in need nuance. If you’re new to the subject and don’t understand much about personal finance, Dave Ramsey is a great starting point.

    • @davidmartin7163
      @davidmartin7163 2 місяці тому

      I am fully invested in the Dave Ramsey plan. The beauty of his plan is the simplicity. Sometimes making things complicated by nuance does more harm than good. Like when people don’t pay off their home mortgage at 3% so that they can “invest” and make 8%. That’s just plain dumb. People that do that are not including inflation which makes them break even if they are lucky. Payoff all your debt AND the house, then go hard into investing. Theres a whole Ramsey plan called the baby steps. Everyone should look it up

  • @Theresaa12
    @Theresaa12 2 місяці тому +398

    Great video.... I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I’m just here for ideas

    • @BenTodd-fl8nv
      @BenTodd-fl8nv 2 місяці тому +11

      50% stock, 20% Bitcoin, 20% high yield CD/ bonds, 10% cash/ fully liquid stable asset

    • @RickWatson-xu6gw
      @RickWatson-xu6gw 2 місяці тому +8

      At a point like this, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

    • @judynewsom1902
      @judynewsom1902 2 місяці тому +5

      Agreed, I just use UA-cam for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one

    • @HarrisRyan-oy8eo
      @HarrisRyan-oy8eo 2 місяці тому +4

      Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

    • @judynewsom1902
      @judynewsom1902 2 місяці тому +4

      *Marissa Lynn Babula is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @donaldwayne7023
    @donaldwayne7023 16 днів тому +688

    I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money

    • @Angelinacortez495
      @Angelinacortez495 16 днів тому +2

      You should look at energy stocks , they look to be the biggest beneficiaries of AI and Data centers , also DCAing into a good ETF too ...Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @danieltaylor--65
      @danieltaylor--65 16 днів тому

      It's wise to stay proactive and diversify assets to manage risks during uncertain times. I’ve delegated my financial management to a consultant after facing a major downturn in late 2019 during the COVID outbreak. Today, I'm semi-retired and about 25% short of my $1 million retirement target after making additional contributions.

    • @debbygradley25
      @debbygradley25 16 днів тому +1

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation

    • @danieltaylor--65
      @danieltaylor--65 16 днів тому

      "Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

    • @JenniferDavis7630
      @JenniferDavis7630 16 днів тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @Dantursi1
    @Dantursi1 3 місяці тому +380

    One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

    • @derrickholfman2
      @derrickholfman2 3 місяці тому +4

      You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @michaelschiemer3
      @michaelschiemer3 3 місяці тому +2

      That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 3 місяці тому +1

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @michaelschiemer3
      @michaelschiemer3 3 місяці тому +2

      Just research the name Annette Christine Conte . You’d find necessary details to work with a correspondence to set up an appointment.

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 3 місяці тому +1

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @spack8505
    @spack8505 2 місяці тому +7

    Dave brought me from 125k in debt to somebody with no debt and that makes 200 grand a year, with a paid off house and vehicle. He’s obviously doing something right.

  • @Vikturneer
    @Vikturneer День тому +36

    Kudos Guys. 43 here with a good investment plan that ensures steady income without any doubts I and my lovely wife are prepared for a well organized retirement. I started investing about a year ago and so far, I am making a good yield on my dividend. I've learned that getting a good return is very much attainable only if you know your way around it.

    • @Vikturneer
      @Vikturneer День тому

      Hermanw jonas that’s his gmail okay

    • @FrancisDasilvaloca
      @FrancisDasilvaloca 8 годин тому

      You say it like it's easy forgetting that not everyone is as lucky as you are. I've invested for months now without any progress. How are you able to do it?

    • @Vikturneer
      @Vikturneer 8 годин тому

      It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $35k to good use with market driven strategies making me an optimal return of over $231k

    • @Freddyyyy266
      @Freddyyyy266 8 годин тому

      That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

    • @Lilybee931
      @Lilybee931 8 годин тому

      I'm green in investing. I work most of the week and barely have time to myself. I'd like to use mentorship. How can I get to him?

  • @jamesmcgarry1229
    @jamesmcgarry1229 4 місяці тому +20

    Bitcoin is not a quick flip. It’s a new asset class, and 2024 is the year it is getting traction in mainstream financial institutions like Blackrock, Fidelity, and soon, JP Morgan. Trump says it could be a Federal Reserve holding too. Have a growth mindset and be curious.

    • @danielcruz2256
      @danielcruz2256 21 день тому

      How many more crypto have spawn ? Did you know the fbi made a their crypto to track criminals

  • @criptopanas
    @criptopanas 4 місяці тому +11

    Bitcoin can be used as a speculation tool or a saving tool. Depends on your time preference. The same for a home or gold.

  • @aarizphilip
    @aarizphilip 29 днів тому +320

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this

    • @KenistonKist
      @KenistonKist 29 днів тому

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @MorelaKagarise
      @MorelaKagarise 29 днів тому

      I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

    • @AdamKotlicki
      @AdamKotlicki 29 днів тому

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @stephaniebeddis8069
      @stephaniebeddis8069 29 днів тому

      I'm new at this, please how can I reach her?

    • @BradlyLane
      @BradlyLane 29 днів тому

      I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

  • @MalikTillman-dy2qp
    @MalikTillman-dy2qp Місяць тому +612

    Need some inputs on managing my Stock Portfolio of around 400K and how to invest to deal with markets ups & downs especially with rumors of recession eveyrwhere

    • @LindsayHoran
      @LindsayHoran Місяць тому +4

      Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.

    • @Lynn-jw9kf
      @Lynn-jw9kf Місяць тому +3

      Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

    • @TannerHorvath
      @TannerHorvath Місяць тому +3

      Hey friend, can I work with your Fiduciary?

    • @Lynn-jw9kf
      @Lynn-jw9kf Місяць тому +1

      Yeah, she is Jennifer Leigh Hickman look her up. Anyone is free to contact her.

    • @Lynn-jw9kf
      @Lynn-jw9kf Місяць тому +3

      *Jennifer Leigh Hickman* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @shellylofgren
    @shellylofgren 4 місяці тому +407

    I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?

    • @donna_martins
      @donna_martins 4 місяці тому +2

      You might also follow a lots stocks across other industries. I'll advise you to work with a financial advisor who can assist you decide when is the best to buy and sell the shares or ETFs you want to acquire since you don't have to act on every forecast.

    • @Robert_Seaman
      @Robert_Seaman 4 місяці тому +2

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 this year.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 4 місяці тому +2

      that's a double up in two years! seeing a lot of news on the rally, investors will make tons of profit with the right picks. would you mind disclosing info of this person guiding you please? my problem is I do not trust my guts in today's mkt

    • @Robert_Seaman
      @Robert_Seaman 4 місяці тому +2

      Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 4 місяці тому +1

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @danielcluley870
    @danielcluley870 5 місяців тому +14

    The hardest part about investing is the mental aspect of it.
    The best thing to do is take your ego/mind out of the equation and just automate and forget.
    I would recommend setting up an auto/draw direct deposit from your paycheck every paycheck and set it to buy 60% VTI / 40% QQQ and set it to automatically rebalance once a year.
    Don't even look at the statements until several years later on when you think you will start to retire and begin to spend the money.
    Just act like the account does not exist and you will likely do far better than if you actively managed it.

    • @californiahandball
      @californiahandball День тому +1

      This is pretty good advice, everybody wants to be an "investor" but this is solid advice. The sooner in life you start the better you will be.

  • @NikitaMcLauren
    @NikitaMcLauren 2 місяці тому +869

    Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

    • @StalinUndav
      @StalinUndav 2 місяці тому

      I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

    • @ErikaBailey-x8g
      @ErikaBailey-x8g 2 місяці тому

      Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

    • @SlavoPetrovic
      @SlavoPetrovic 2 місяці тому

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @ErikaBailey-x8g
      @ErikaBailey-x8g 2 місяці тому

      Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

    • @StalinGrabovsky
      @StalinGrabovsky 2 місяці тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @Bluemagoo2002
    @Bluemagoo2002 4 місяці тому +10

    God bless Dave Ramsey’s “baby steps.” I might drive a 12 year old car but I paid off my house this year and am debt free aside from taxes. I am 44 years old. Principal only payments as often as you can, as soon as you can.

  • @BennyMedina-x4m
    @BennyMedina-x4m Місяць тому +32

    I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife, $35k biweekly and a good daughter full of ❤ I’m forever grateful harriet dixson

    • @Putcal7i
      @Putcal7i Місяць тому

      I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

    • @BennyMedina-x4m
      @BennyMedina-x4m Місяць тому

      Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy..

    • @Georgemarco-j4d
      @Georgemarco-j4d Місяць тому

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @henry-d6k4z
      @henry-d6k4z Місяць тому

      Well this is not my first time of seeing his name on social platform. I think She's extremely brilliant and lucrative at the same time. financial advisor i totally agree with you😊

    • @faithful-x1v
      @faithful-x1v Місяць тому

      Best signal provider in the market.
      Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).

  • @josephandreuccetti3706
    @josephandreuccetti3706 5 місяців тому +8

    Dave has been the GOAT since early 90's. I would ride around during the day working listening to Dave on AM radio and I said, "This is my dad all over again".😆

  • @Sonny_Vision
    @Sonny_Vision 3 місяці тому +5

    “Rooms 2 Go” 😆
    Only true fans can catch when Theo is doing a bit

  • @jxstified7558
    @jxstified7558 4 місяці тому +7

    I put in $1300 into BTC a couple years ago and just held onto it never pulling it out and it jumped to $2100 and I was able to replace my gaming pc because of it so I will never hate on BTC but people should just know what it is and do their research and I would recommend to not use it like the stock market buying and selling all the time, put in what you can and are willing to lose if shit hits the fan and hold onto it.

    • @Art-is-craft
      @Art-is-craft 3 місяці тому

      So how did you initially value BTC?

  • @guy35451
    @guy35451 5 місяців тому +37

    Michael Saylor entered the chat

    • @kraven4444
      @kraven4444 11 годин тому

      Michael laughing to the bank with his "short term Speculative Bitcoin investment" Although Dave said NO ONE invests in bitcoin long term. NO ONE

  • @danOH112
    @danOH112 5 місяців тому +49

    “Nobody bought Bitcoin thinking in 20 years it will be much more valuable,”
    This is literally every bitcoiner. They all plan to hold it for decades, if not generations….and so far it’s working wayyyy better than stocks or mutual fund.

    • @Mozzos
      @Mozzos 5 місяців тому +3

      Only issue is when you sell, I have several friends who got in very early but when they tried to sell they couldn’t and some of them actually had all their bitcoin just disappear.

    • @darnold1984
      @darnold1984 5 місяців тому +12

      ​@@Mozzos😂 absolutely clueless

    • @mnikhk
      @mnikhk 4 місяці тому

      @@Mozzos Yeah its possible depends where they bought it the website/exchange might not be functional now or doesnt have the actual cash to pay them back and if they had usb wallets that are not working or they cant remember passwords.

    • @sandorhajdu1129
      @sandorhajdu1129 4 місяці тому +2

      @@Mozzosthey never heard of the self custody

    • @voo5000
      @voo5000 3 місяці тому +3

      ​@@Mozzos lol what. You can sell in secs

  • @plber694
    @plber694 3 місяці тому +4

    Dave spits 100% logic

  • @NO-TIME170
    @NO-TIME170 4 місяці тому +109

    This video indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioural psychology. How can I generate more income to retire with at least $3m for long term care?

    • @gregorywhem
      @gregorywhem 4 місяці тому +1

      We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.

    • @carolynrose1816
      @carolynrose1816 4 місяці тому

      Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed within a short period.

    • @SmithWills664
      @SmithWills664 4 місяці тому +1

      @@carolynrose1816 How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @Barneybouncing55
      @Barneybouncing55 4 місяці тому

      @@carolynrose1816 How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @sledgeyyyyy
      @sledgeyyyyy 4 місяці тому

      @@carolynrose1816 I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

  • @appleztooranges
    @appleztooranges 5 місяців тому +15

    Paid my house off at 31 years old in 6 years! Was amazing

    • @Bluemagoo2002
      @Bluemagoo2002 4 місяці тому +1

      Nice work! 44 years old, 13 years.. Wish I knew then what I know now. No bills is sweet.

  • @caseycantrell-gh6fg
    @caseycantrell-gh6fg Місяць тому +294

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @lennoxmutterick6434
      @lennoxmutterick6434 Місяць тому

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg Місяць тому

      @@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

    • @lennoxmutterick6434
      @lennoxmutterick6434 Місяць тому

      @@caseycantrell-gh6fg Oh please I’d love that. Thanks!.

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg Місяць тому

      @@lennoxmutterick6434 Clementina Abate Russo is her name.

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg Місяць тому

      Lookup with her name on the webpage.

  • @qrste81
    @qrste81 5 місяців тому +12

    Love the Rooms 2 Go line. 😂 5:41

  • @freak8103
    @freak8103 4 дні тому +1

    Having a PrizePicks ad in front of Dave is crazy

  • @joemack4004
    @joemack4004 Місяць тому +1

    They should teach Dave’s class in high school. So many young people would see a path to become debt free and have a quality life when they get older.

  • @HectorSnipes
    @HectorSnipes 4 місяці тому +167

    It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.

    • @lolitashaniel2342
      @lolitashaniel2342 4 місяці тому +2

      It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

    • @VictorBiggerstaff
      @VictorBiggerstaff 4 місяці тому +2

      Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @crystalcassandra5597
      @crystalcassandra5597 4 місяці тому +2

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

    • @VictorBiggerstaff
      @VictorBiggerstaff 4 місяці тому +2

      Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @BateserJoanne
      @BateserJoanne 4 місяці тому

      I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @TheKevinEstopinalShowClips
    @TheKevinEstopinalShowClips 5 місяців тому +30

    Dave has been wrong about Bitcoin for over 10 years.

    • @ASimoneau
      @ASimoneau 5 місяців тому +4

      Dave has been wrong about bitcoin for the past four crashes (and counting)!

    • @amireallythatgrumpy6508
      @amireallythatgrumpy6508 5 місяців тому +9

      EVERYONE has been wrong about Bitcoin for over 10 years.

    • @JC-wj5os
      @JC-wj5os Місяць тому

      @@ASimoneau ua-cam.com/video/XbZ8zDpX2Mg/v-deo.html

    • @acardinalconsideration824
      @acardinalconsideration824 14 днів тому

      Just gotta buy high and sell drunk

  • @omegakilo871
    @omegakilo871 4 дні тому +1

    While everyone who bought 1 Bitcoin for 34k in Jan, just made 60k in 11 months.
    Ramsey is clearly out of touch with the modern world.

  • @ryanh1275
    @ryanh1275 Місяць тому +2

    i agree with a lot of what he says but i disagree there are not people buying btc as a 15 plus year investment, there are plenty of them

  • @Lillia-nu2xt
    @Lillia-nu2xt 5 місяців тому +22

    You're a natural, keep doing what you do

  • @TMoody
    @TMoody 3 місяці тому +3

    Dave Ramsey helped saved my life. I am now debt free and would MUCH rather have freedom than stuff. The borrower is slave to the lender.

  • @Packer1290
    @Packer1290 Місяць тому +1

    THey're both right here. 100%. Stocks ARE manipulated but by owning mutual funds, or in my case ETF's which are just "exchange traded funds", your averaging out the day to day funny business and benefitting from the general growth of the US economy.

  • @ggangpae4520
    @ggangpae4520 8 днів тому

    Dave is a great entry point for getting out of debt but is a subpar investor when it comes to innovative tech

  • @lovefilthyrich
    @lovefilthyrich 2 місяці тому +3

    Immediately stopped watching when he said, "No one bought Bitcoin and thought 10-20 years ahead..." Has this guy never heard of the Winklevoss twins?

  • @VincentS988
    @VincentS988 3 місяці тому +4

    I invested 10k into VOO S&P 500 ETF initially when I was 25 years old and I invest $180 every Monday no matter what plus I reinvest the dividends I get paid every 3 months. At 35 years old I’m extremely happy with my simple approach to investing like uncle Warren Buffet suggested 👍🏼 If you’re a young guy my best advice is don’t feel insecure because any amount of money you can budget weekly or bi-weekly is a good amount 👍🏼

  • @SelinaWalken
    @SelinaWalken 2 місяці тому +42

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

    • @MikeCallender31
      @MikeCallender31 2 місяці тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @Nikolaj.Mikkelsen
      @Nikolaj.Mikkelsen 2 місяці тому

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @AidenCheatle23
      @AidenCheatle23 2 місяці тому

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

    • @DannyRodriguez158
      @DannyRodriguez158 2 місяці тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @Heatherwilson470
      @Heatherwilson470 2 місяці тому

      The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

  • @MikeBoardley
    @MikeBoardley 3 місяці тому +2

    I disagree with Dave on #Bitcoin. Not all, but many people invest in #Bitcoin because they see the value in it. Michael Saylor is one of those people.

  • @derekthemountaindawg467
    @derekthemountaindawg467 5 місяців тому +7

    Same deal with drug dealers... Get that money and then get robbed or go to prison or get strung out on your supply. We as a society are impatient and want to get what the next person has.

  • @knowledgeofhealth7821
    @knowledgeofhealth7821 3 місяці тому +2

    At least 90 percent of bitcoin holders are up, I buy bitcoin for the longterm and many others do. Its not a quick hit i have read books about it and somewhat understand it.

  • @swanson_
    @swanson_ 5 місяців тому +22

    Bitcoin just keeps going up. Keep hating it.

    • @TheSoaphippo
      @TheSoaphippo 4 місяці тому +1

      I will, tks. I have more faith in the debauchery of the federal reserve then I do for the abilities of the miners, it’s just a matter of time until they declare bitcoin, to be an attempted coup that leads to mass arrest

  • @Big-Daddy-96
    @Big-Daddy-96 5 місяців тому +21

    It’s called a “spec” house because it’s built to standard generic specifications, not because it’s speculative.

    • @tjm9951
      @tjm9951 5 місяців тому +3

      Thought the same thing when he said that lol

    • @montanavv
      @montanavv 5 місяців тому +2

      Wrong

    • @chrisrodak2854
      @chrisrodak2854 5 місяців тому +4

      I think you’re missing the point, it doesn’t literally mean that. What he is saying is they’re building it without a buyer typically and they’re speculating that someone is going to buy it.

    • @herpiegerbstick6808
      @herpiegerbstick6808 4 місяці тому +4

      Wrong chief, it's a spec house because it's speculative. Every single house is built to generic specifications i.e. code.

    • @bigdaddy8291
      @bigdaddy8291 4 місяці тому

      Sorry Boss. Agree to disagree. If you look online you’ll see that both definitions are technically correct. “Spec” can be defined as speculative and also as built to generic specifications as opposed to custom built. How about we just say we’re all right? 😉

  • @MusicalMagpies
    @MusicalMagpies 4 місяці тому +2

    Dave Ramsey hilarious at 3:20 😂
    "Thank god its Friday Oh God it's Monday "

  • @tycobb162
    @tycobb162 День тому

    2 phrases
    “Buy the dip”
    “When in doubt, zoom out!”

  • @shrewd_capital
    @shrewd_capital 25 днів тому +2

    Bitcoin is not a short term play. I'm holding it for life.
    Dave Ramsey is ignorant on Bitcoin.

  • @MFgabesylar3030
    @MFgabesylar3030 Місяць тому +2

    The two different sides of my brain meeting

  • @JCpNK
    @JCpNK 5 місяців тому +3

    Great video! Hopefully it changes someone’s life like my families. If we can do it anyone can

  • @watchmaker85
    @watchmaker85 5 місяців тому +27

    Low key Dave drippy af

  • @davidalbo3212
    @davidalbo3212 2 місяці тому

    One of the best Duos iv ever seen. Love this a lot.

  • @tkfort
    @tkfort 3 місяці тому +7

    Dave is wrong about crypto. It’s is a long term hold

  • @dailyamperes
    @dailyamperes 4 місяці тому +2

    Patience and discipline

  • @AnthonyJustice-i9x
    @AnthonyJustice-i9x 3 місяці тому +101

    I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

    • @mikesnoek
      @mikesnoek 3 місяці тому +4

      Talking to an expert like Charlotte Miller to reshape your portfolio is a very smart move

    • @jadewashington7
      @jadewashington7 3 місяці тому +3

      I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

    • @HighlightsSerieATIM
      @HighlightsSerieATIM 3 місяці тому +3

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @stephaniebeddis8069
      @stephaniebeddis8069 3 місяці тому +3

      I'm new at this, please how can I reach her?

    • @agathacolleen
      @agathacolleen 3 місяці тому +2

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

  • @ronjohn59
    @ronjohn59 5 місяців тому +1

    Love his show on the radio not the man I pictured by his voice alone love this

  • @B420b94
    @B420b94 5 місяців тому +6

    I ain't ever gonna stop investing in #amc #gme

  • @indifferent9609
    @indifferent9609 5 місяців тому +1

    If you invest in things just to make money you are putting bad in the world. Never separate your self from your money.

  • @glockrtf-mj1gh
    @glockrtf-mj1gh Місяць тому +1

    SPLG S&P 500 and Nvidia is were I plan on investing from now on. 8 months in to a 20 year adventure. We'll see what happens *shrug*

  • @randywatson341
    @randywatson341 3 місяці тому +1

    Is he right that “spec” building refers to speculation? I thought it means build to specification. For example in motor racing, a “spec series” is one where all the cars are the same instead of custom.

  • @Dafoodmaster
    @Dafoodmaster 2 місяці тому

    Theo on that gazelle intensity hitter

  • @djmehs
    @djmehs 5 місяців тому +4

    I definitely can’t say with 100% certainty, but it feels highly unlikely to me that contractors refer to a non-custom house as a “spec” home because it’s short for “speculation” and not “specification”. As in “This modular home was built to the same specs as all these other homes beside it”

    • @Art-is-craft
      @Art-is-craft 3 місяці тому

      He is not talking about a small contractor or a customer. He is taking about an investor who puts in money from there perspective spec means speculative. It is referred to as a speculation development not a specification investment.

    • @Legion15
      @Legion15 27 днів тому

      You are correct. Spec means specification. A home built based on a predetermined plan or specification. The opposite of this is custom where the home is designed by the owner. It has nothing to do with speculation.

  • @Benbobr
    @Benbobr 3 місяці тому

    You can always buy a leveraged s&p 500 etf or a QQQ etf and capitalize on that

  • @robmontano4472
    @robmontano4472 Місяць тому

    What surprises me here is how confidently he speaks about things he doesn’t know about. I love Dave Ramsey, but going into a 5K position on a GOLD option at that as your first trade on hearsay is GAMBLING. Trading in itself is not gambling but rather a game of probabilities, and mostly in your favor if you plan and execute correctly.

  • @Whoisbu89
    @Whoisbu89 Місяць тому

    I said it before and I’ll say it again. It doesn’t matter if you believe in crypto or not. That doesn’t change the outcome of making millions of dollars in the market.

  • @brentlewis4465
    @brentlewis4465 Місяць тому +1

    A lot of us are holding BTC for the long term

  • @garyjenkins9169
    @garyjenkins9169 Місяць тому +1

    Dave is wrong about BTC and about HODL'ers.

  • @jeffrey9195
    @jeffrey9195 Місяць тому

    If you're not in crypto, your portfolio is getting left behind. BTC is not a short play. Dave was probably one of the guys back in 94-95 that said the internet is just a fad and will never last.

  • @FartRipper
    @FartRipper 3 місяці тому +1

    It’s always funny when people who know nothing about Bitcoin and the rest of crypto and still have an opinion. If you lost big in crypto you did either did no research or didn’t understand what you did research. On the note of him saying people went into Bitcoin for short term is untrue people have been saying since the start it’s going to reach insane highs which it did on multiple occasions and now even black rock has a Bitcoin etf

  • @WinterSkyyy
    @WinterSkyyy 4 місяці тому

    Dave Ramsey has fine advice for retirement-aged people, but it's not for everyone. Mutual funds pay high taxes and expense fees and I personally feel way more comfortable with ETFs

    • @Run4Ever77
      @Run4Ever77 4 місяці тому

      Index funds don't.
      And there are some ETFs with high expense ratios too.

  • @DonaldMark-ne7se
    @DonaldMark-ne7se 18 днів тому +2

    As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.

    • @kevinmarten
      @kevinmarten 18 днів тому +3

      I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.

    • @Jamessmith-12
      @Jamessmith-12 18 днів тому +2

      Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.

    • @JacquelinePerrira
      @JacquelinePerrira 18 днів тому +2

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

    • @Jamessmith-12
      @Jamessmith-12 18 днів тому +2

      'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @JacquelinePerrira
      @JacquelinePerrira 18 днів тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @donrodriguez8615
    @donrodriguez8615 4 місяці тому

    look at where the markets were 5 years ago , 1 year ago. buy Dividend Kings , ETF's, REIT's for long term and you will do great

    • @Art-is-craft
      @Art-is-craft 3 місяці тому

      That is still speculation. Many ETF’s are no safer than stocks. Dividends does not equal a healthy business.

  • @victoriaman117
    @victoriaman117 3 дні тому +2

    I know sometimes Dave comes off as a grumpy boomer but what he is saying are facts. Anyone can be financially literate if they want to be.

  • @MargaretOlivia2u
    @MargaretOlivia2u 11 днів тому

    "Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."

    • @ChristopherJeffreynx8
      @ChristopherJeffreynx8 11 днів тому

      Well said! Retirement is the reward of disciplined investing over the long term, not just a destination.

    • @JosephEricx2y
      @JosephEricx2y 11 днів тому

      Well said! My adviser guided me through retirement planning, ensuring my investments were strategically positioned for long-term rewards.

    • @BarbaraMarks7s
      @BarbaraMarks7s 11 днів тому

      That's a great point! Finding a reliable financial adviser would be essential for me to ensure my retirement plans are well-structured.

    • @JosephEricx2y
      @JosephEricx2y 11 днів тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

    • @BarbaraMarks7s
      @BarbaraMarks7s 11 днів тому

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @JoeFabeets
    @JoeFabeets 4 місяці тому

    Theo Von is awesome

  • @globalautobahn1132
    @globalautobahn1132 Місяць тому +1

    1:36 I did, he’s wrong

  • @CloudieDev
    @CloudieDev 5 місяців тому +27

    Bitcoin is a long term store of value, it's not a short term play.

    • @dobber43
      @dobber43 5 місяців тому +1

      Its not a store of value its something people say has value but nothing makes each one worth anything nothing stops it from falling to worthless

    • @CloudieDev
      @CloudieDev 5 місяців тому +11

      @@dobber43 Same with everything else if you think about it that way. Gold, Money, Property is based on ones confidence in an idea.

    • @scottleggejr
      @scottleggejr 5 місяців тому

      It's backed by computational power and the value of the cost of decryption. The first bad guy to make quantum decryption can collect the entire GDP of BTC. ​@@dobber43

    • @thickness3337
      @thickness3337 5 місяців тому +1

      It’s finite

    • @joemallette4729
      @joemallette4729 5 місяців тому

      He’s got it exactly backwards from my strategy.

  • @mitchmatch91
    @mitchmatch91 5 місяців тому +3

    One day Bitcoin will be looked at as the best long term play. If you don’t think so, you haven’t learned enough. See you guys at 10M✌️

    • @fabes326
      @fabes326 5 місяців тому

      Until the rulers of the world say no more.

    • @mitchmatch91
      @mitchmatch91 5 місяців тому +1

      @@fabes326 do you really live in a bubble of hypotheticals your whole life? That’s literally impossible. Haven’t studied it enough

    • @fabes326
      @fabes326 5 місяців тому

      @@mitchmatch91 they got rid of the gold standard. China said no to BTC and made the digital yen. You sir live in a bubble and live in a fantasy world. All it take is the right people in office and they will put an end to it. Who controls the banks and Wall Street? Who controls corporate America? Wall Street. It’s not rocket science.

  • @hermitcrypto2787
    @hermitcrypto2787 3 місяці тому +2

    Blackrock ETFs are not a pyramid scheme… also Bitcoin is not a short-term play, miners will be fighting for a small amount of satoshis a hundred years from now, think about that.

    • @fmc1214
      @fmc1214 3 місяці тому

      Nobody will be using btc in hundred years 😂

    • @XxChuyoxX
      @XxChuyoxX 3 місяці тому

      @@fmc1214governments today buy btc you goof ball

  • @ROTORHEADPR
    @ROTORHEADPR 14 днів тому

    The term spec house comes from (Specification) not from speculation just FYI

  • @calkil2745
    @calkil2745 3 місяці тому

    Bro had Dave Ramsey on omfg😭😭😭

  • @carmineglitch
    @carmineglitch 5 місяців тому +5

    His investing strategy worked in the past, not today

    • @396mrmario
      @396mrmario 5 місяців тому +4

      Agreed. Being debt free and using that money for long term investing just doesn't work. It's much better to rack up debt and give all your money to the banks.......let's make them rich!!

    • @Run4Ever77
      @Run4Ever77 4 місяці тому +1

      It's working fine for us.

  • @l_T96
    @l_T96 20 днів тому

    “Wired by god” absolute muppet😂

  • @rc8770
    @rc8770 5 місяців тому

    Investing is borrowing at 12% to make 15%. If your looking to double your money it’s gambling

  • @chrisxxx5144
    @chrisxxx5144 5 місяців тому +3

    10:32: So 15% of 72.000$ is 10.800$/year. 10.800$ x 35years and considering an average of 8% p.a. profit for the stock-market, that's 1,8 Million. Not 5 Million.

    • @davidrivette8127
      @davidrivette8127 4 місяці тому +1

      It’s definitely less than $5 mil, but you have to account for assumed annual raises and dividend reinvestment.

    • @chriscrawl3732
      @chriscrawl3732 4 місяці тому +2

      Who doesn't get a raise for 35 years?

  • @michaelodonnell4869
    @michaelodonnell4869 5 місяців тому +2

    What are you talking about Dave? Ive done very well with it. Store of value. In btc for the long term over decades. 123% roi

  • @PittsburghHODLr
    @PittsburghHODLr 4 місяці тому +1

    Lol literally everyone in the early days of bitcoin bought it based on low time preference and the understanding that fiat currency always goes to zero - stay in your lane, Dave.

  • @Augrills
    @Augrills 16 годин тому

    I don’t understand why people call crypto a scam. If I invested in the s&p500 last year, my return would have been 24%. My return in crypto is 77%. Which one is the scam?

  • @bobbybanner88
    @bobbybanner88 5 місяців тому +3

    that's an antiquated approach. BTC is no flash in the pan sir, come back in 5 yrs and talk about it

    • @krankbomb
      @krankbomb 4 місяці тому +1

      Well, I'm back. 20 years later. The only thing that my Iraq Dinars gained is a nice layer of dust. #IYKYK

  • @SatoshiWitness
    @SatoshiWitness 2 місяці тому +2

    Buy bitcoin, don't sell

  • @TheBrandonCraig
    @TheBrandonCraig Місяць тому

    Don't use mutual funds, you get charged by some schmuck who picks out your stocks and tries to beat the market.
    Use index funds that track the S&P500 that are basically free like VTSAX, SPY, FXIAX etc
    Source: Warrent buffet
    -33M with 300k from auto investing

  • @KyloB
    @KyloB 2 місяці тому

    How do you even start? Do you guys register with a broker or an app or something like Etoro or Vanguard or what?

  • @jamisonmunn9215
    @jamisonmunn9215 5 місяців тому +11

    Dave must be losing his mind about Bitcoin ETFs lol.

    • @egoomega
      @egoomega 5 місяців тому

      "no one bought that and thought 'in 20 years this is gonna be brilliant'"
      fuckin all i needed to hear to know this guy is full of shit. clearly made enough money to convince himself he must be smart and his ego ran with it.

    • @Art-is-craft
      @Art-is-craft 3 місяці тому

      You think he has never come across wild speculation using fancy names before.

  • @ryanthrives5152
    @ryanthrives5152 17 днів тому

    Bitcoin was always a long term thing. People just try to take advantage of the volatility and get burned.