Dave Ramsey Weighs In On The FTX Collapse

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The Ramsey Show Highlights

Жыл бұрын

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@dlickas
@dlickas Жыл бұрын
“Where’s your money now?” Cold storage my friend.
@ZidaneSteiner
@ZidaneSteiner Жыл бұрын
I'm sure he thinks cold storage is the same thing as a refridgerator.
@ThreeSixFour
@ThreeSixFour Жыл бұрын
Not earning interest and losing value compared to fiat… good job
@johnboyle5663
@johnboyle5663 Жыл бұрын
SPOT ON!!
@SevenRiderAirForce
@SevenRiderAirForce Жыл бұрын
@@ThreeSixFour Short term yes, long term no. Historically, anyway. Who knows about the future.
@choward5351
@choward5351 Жыл бұрын
@@ThreeSixFour non custodial wallets. Earning interest and in most cases higher than fiat. Educate yourself my friend.
@trailerparkchronicals
@trailerparkchronicals Жыл бұрын
“I lost my money when i was stupid too” 🤣
@rickbackous1041
@rickbackous1041 Жыл бұрын
I've been 100% debt free, including mortgage, since 1993 when I was only 32 y/o, long before I ever heard of Dave Ramsey. Luckily, I had the benefit of having parents to teach me how to be responsible. If you are not blessed with great parents as I was, please listen to Dave. He is 100% right and it is a great feeling to not be in debt to anyone.
@magacop5180
@magacop5180 Жыл бұрын
You must not have had crippling student loan debt. Becoming debt free is impossible for these young kids now.
@rickbackous1041
@rickbackous1041 Жыл бұрын
@@magacop5180 I did not have student loan dept. I had a plan.
@freeindeed8416
@freeindeed8416 Жыл бұрын
@@magacop5180 It’s not impossible, it’s challenging. We can do all things
@simondave00
@simondave00 Жыл бұрын
I've been looking forward to Dave's reaction ever since ftx collapsed. He didn't disappoint
@rdbeaz
@rdbeaz Жыл бұрын
Me too
@macpj12j
@macpj12j Жыл бұрын
made off fraud was 68 billion though
@cryptokoolaid
@cryptokoolaid Жыл бұрын
yes but he's wrong, this is ONE exchange it does not invalidate the entire industry
@carlswindelliv2701
@carlswindelliv2701 Жыл бұрын
​@@cryptokoolaid oh really well then go ahead and try another exchange!!!!!!!! I guarantee u Dave Ramsey will be laughing at u next!!!!!!!!!!!!!
@danielgalloway8735
@danielgalloway8735 Жыл бұрын
He never does. He's an arrogant individual that plays his followers.
@abrareads
@abrareads Жыл бұрын
Just when we thought no one could outdo Bernie Madoff.
@borisjankovici662
@borisjankovici662 Жыл бұрын
I kind of feel bad for him. Being the worst of the worst was at least something. Now he can't even be that.
@BornShell
@BornShell Жыл бұрын
🤣😁😂
@kosmonautofficial296
@kosmonautofficial296 Жыл бұрын
Bernie madeoff with all the money, but Sam left the bank-fried
@Polo22546
@Polo22546 Жыл бұрын
Facts! 😂
@waterheaterservices
@waterheaterservices Жыл бұрын
Made off
@Stumptownc
@Stumptownc Жыл бұрын
Not your keys, not your coins. This will be a painful lesson for many.
@garyK.45ACP
@garyK.45ACP Жыл бұрын
My wife and I have been debt free (including our home mortgage) since 2018. I am still trying to get used to it! It no longer matters when you get paid, what date it is. For decades I had monthly "goals" to meet all our bills. Now, it just doesn't matter. When a bill comes in, I just pay it. Same day. When I want to buy something, I just buy it. Dave Ramsey was a great inspiration and he has been right all along.
@rbjusmc1
@rbjusmc1 Жыл бұрын
Same here! Congratulations! As far as career, I get to do what I want to do, not what I have to do.
@garyK.45ACP
@garyK.45ACP Жыл бұрын
@@rbjusmc1 Me too. So I retired! Now I go fishing and shooting. 🤣
@Eapp1480
@Eapp1480 Жыл бұрын
💪🏽
@tashasmith1743
@tashasmith1743 Жыл бұрын
What a great feeling!! Looking forward to that!
@alondraquintero6504
@alondraquintero6504 Жыл бұрын
“It’s one of your favorite pastimes” 😂 I love Rachel!!
@kagnewcobra5228
@kagnewcobra5228 Жыл бұрын
Yep, me too. "Go right ahead".
@earthpiga2
@earthpiga2 Жыл бұрын
I imagine she heard that a lot growing up.
@kashfortheking
@kashfortheking Жыл бұрын
That was funny.
@strangerdanger8462
@strangerdanger8462 Жыл бұрын
That had me laughing. Rachel's delivery was perfect 😂😂
@matthewphillips5483
@matthewphillips5483 2 ай бұрын
Nepotism makes her happy.
@saltysaty8686
@saltysaty8686 Жыл бұрын
Lol the fact people are using the exchanges and letting their money sit in them, it's Dave's old axiom. Don't invest in things you don't understand.
@James-vj5hz
@James-vj5hz Жыл бұрын
Yeah it wasn't their money lol. They donated it to FTX the moment they gave them their keys. Rekt.
@CattleRock
@CattleRock Жыл бұрын
They gave their money away..freely.
@radfoo72
@radfoo72 Жыл бұрын
Absolutely. Great advice! My pops lost 10k to the HOO exchange this year and he could have avoided that debacle if he had just asked me for help withdrawing his funds instead of taking advice from random @$$ people!
@wittyusername9544
@wittyusername9544 Жыл бұрын
There are still many who leave their money in these brokers. They didn’t learn from Celsius.
@jozuzl1
@jozuzl1 Жыл бұрын
How do you get your money off? Can you link a video or direct ppl in a helpful fashion 🤔
@DGA-808
@DGA-808 Жыл бұрын
It’s simple really. FTX = centralized company Bitcoin = not a centralized company When Lehman failed, we blamed the bankers / executives, not the US dollar. Same concept.
@adiintel1
@adiintel1 Жыл бұрын
But didn't the fedral reserve 🤔 bail out the banks accept for lehman...
@adaezea5963
@adaezea5963 Жыл бұрын
This
@henryjubeda7617
@henryjubeda7617 Жыл бұрын
Lehman, bankman, madoff all ran jewish IOU scams
@MattZiggy
@MattZiggy Жыл бұрын
@@adiintel1 Probably had something to do with the Treasury Secretary at the time. Paulson only worked for GSacs previously. GSacs and Lehman were only bitter rivals.
@ericpowell4350
@ericpowell4350 Жыл бұрын
@@MattZiggy Goldman Sachs and the other big banks were able to buy the assets of their rivals for pennies on the dollar. Paulson and his friends only became richer and more powerful.
@stevenclay9573
@stevenclay9573 Жыл бұрын
"Victory has a thousand fathers while failure remains an orphan" Enjoy all the good calls every chance you get
@Blueman2018
@Blueman2018 Жыл бұрын
And “ debt has many customers and no friends” words to live by 😊
@anastasiat1481
@anastasiat1481 Жыл бұрын
What does it mean?
@stevenclay9573
@stevenclay9573 Жыл бұрын
@@anastasiat1481 It means we all love to shout about it when we're right but we are quiet and hide when we are wrong .
@capt.obvious4487
@capt.obvious4487 Жыл бұрын
I mean to the non believers like myself it was just a matter of time and now it is are time let them enjoy you guys had your time.
@anastasiat1481
@anastasiat1481 Жыл бұрын
@@stevenclay9573 thank you 😊
@JohnCarlosMartinez
@JohnCarlosMartinez Жыл бұрын
Dave is the undefeated finance champ. There’s a difference between investing, and gambling, and most don’t know the difference.
@CurieBohr
@CurieBohr Жыл бұрын
All investing is gambling. Don’t believe me? Tell me again how your investments are doing in 2022.
@grease58
@grease58 Жыл бұрын
@@CurieBohr My INVESTMENT properties are doing terrific, thanks. Great, well-vetted tenants and fantastic rents. Thats not a gamble (and oh yeah, NO mortgages on either one).
@takagi298
@takagi298 Жыл бұрын
@@CurieBohr they’re doing pretty good ngl
@CurieBohr
@CurieBohr Жыл бұрын
@@takagi298 lol. Sure bud.
@CurieBohr
@CurieBohr Жыл бұрын
@@grease58 well, real estate is about to tank. So that’s coming. Rents are decreasing, that’s coming. I too have a rental. I don’t expect to raise, but be lowering rent. Good thing they’re paid off. I didn’t really mean real estate though. I should have clarified stocks.
@michaelenyart5789
@michaelenyart5789 Жыл бұрын
"To the people saying we need regulation are neglecting to acknowledge that what FTX did was illegal."
@zruthl
@zruthl Жыл бұрын
FTX only purpose was for money laundering.
@kateruterbories2692
@kateruterbories2692 Жыл бұрын
It won't matter. They did it so they could regulate.
@Lugiox
@Lugiox Жыл бұрын
And what does regulation try to curb? :O
@borisjankovici662
@borisjankovici662 Жыл бұрын
@@kateruterbories2692 Exactly.
@Roger_Rabbit_Adventures
@Roger_Rabbit_Adventures Жыл бұрын
He knew the regulators
@livefreeordie5769
@livefreeordie5769 Жыл бұрын
Cash is king. Debt Free is the goal.
@insideoutsideupsidedown2218
@insideoutsideupsidedown2218 Жыл бұрын
Except for my house, I'm there
@konichiwa3744
@konichiwa3744 Жыл бұрын
No cash 2030 agenda
@tsaunders4684
@tsaunders4684 Жыл бұрын
Debit Free is overrated. It just depends on the kind of debt you have and if your making money off of it. Look at Grant Cardone and Robert Kosiyki. They both have debit and are super rich. If you can borrow money real cheap and and make money who would take that deal. A lot of Millionaires had debt and took some kind of risk to get things going.
@blackworldtraveler3711
@blackworldtraveler3711 Жыл бұрын
@@tsaunders4684 They are probably paycheck to paycheck and dependent. Living off of people like you. I’m retired and don’t need to work like they do.
@tsaunders4684
@tsaunders4684 Жыл бұрын
@@blackworldtraveler3711 Dude Grant Cardone is now worth over a Billion Dollars now. He got rental properties all over the country now and he got Cardone Capital where Investors can Invest and make money off real estate deals Grant has deals on.
@emmaociee
@emmaociee Жыл бұрын
I’ve missed the good, ol fashioned Dave rant😂
@stevenporter863
@stevenporter863 Жыл бұрын
Me too. Just icing on the cake.
@henryjubeda7617
@henryjubeda7617 Жыл бұрын
If only he got it right. Madoff and bankman ran the same jewish ponzi scheme. FTX also scammed people on synthetic stocks. I don't hear Dave about that.
@ko1078
@ko1078 Жыл бұрын
"Where is your money now?" In my personal wallet. Not left on an exchange where its in the terms of service that you lose your funds if they go under.
@insideoutsideupsidedown2218
@insideoutsideupsidedown2218 Жыл бұрын
My hands exchange my money from my wallet to do purchases or invest.. only exchange I trust.
@quiverfullfarms8977
@quiverfullfarms8977 Жыл бұрын
The ol addage...."Not your keys, not your coins"
@zackwheat5770
@zackwheat5770 Жыл бұрын
Dave doesn’t understand that people can be their own banks. FTX’s fraud didn’t cost me anything.
@borisjankovici662
@borisjankovici662 Жыл бұрын
And how much value has it lost because of this situation? How much value will it lose next time? And when it becomes regulated (which is probably why this happened, as a setup) you're not going to experience great gains.
@RaistlinKishtar
@RaistlinKishtar Жыл бұрын
Dave doesn’t know his exchange from his hard wallet.
@euphrates74
@euphrates74 Жыл бұрын
"...lost my money when I was stupid too!" LOL
@cameron120587
@cameron120587 Жыл бұрын
Bernie Madoff - $64.8 billion Enron - $63.4 billion FTX - 30 - 160 billion (under investigation)
@ericpowell4350
@ericpowell4350 Жыл бұрын
Did you adjust for inflation?
@yuckyool
@yuckyool Жыл бұрын
Hopefully, some clawbacks (as with Madoff). His parents have already given back "their" Bahama vacation home, realizing their jobs and reputations at Stanford Law are worth more.
@MrTrigz
@MrTrigz Жыл бұрын
@@ericpowell4350 word.... dollar had totally different buying power for those first two events
@mattwoods9181
@mattwoods9181 Жыл бұрын
FTX situation just proves the point of why decentralized money/assets are so important.
@abasis.baruti9819
@abasis.baruti9819 Жыл бұрын
Lol, man the delusion is so deep.
@MyLifeThai371
@MyLifeThai371 Жыл бұрын
I have been waiting all week for Dave Ramsey's reaction to the FTX scandal. I am currently in college and our accounting professors will be talking to us about this, just like they talked to us about the Enron scandal and how it brought about "The Sarbanes-Oxley Act."
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
WorlComm!, Nortel!
@jblair8746
@jblair8746 Жыл бұрын
I wonder what your professors said. 👀
@elskacave3235
@elskacave3235 Жыл бұрын
Ask your professor about the repeal of the Glass-Steagall Act and why no American with a bank account is safe. Cryptocurrency is a threat to our devalued fiat currency.
@yuckyool
@yuckyool Жыл бұрын
When I was in B-School ('96-'98), it was MCI, and the professors tried to tell us about Stock Price
@rumproastwitch
@rumproastwitch Жыл бұрын
God bless you Mr Ramsey. I lived life like no other so i now can live life like no others.
@rsmith2254
@rsmith2254 Жыл бұрын
Dave’s been dreaming about this day for a long time
@KLA2789
@KLA2789 Жыл бұрын
The Mary Kay for men 😂😂😂
@libertarian4323
@libertarian4323 Жыл бұрын
Men, or boys?
@PInk77W1
@PInk77W1 Жыл бұрын
Young men.
@refinedrubies1267
@refinedrubies1267 Жыл бұрын
I screamed! 🤣🤣
@mikes2974
@mikes2974 Жыл бұрын
😅😂
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
@@PInk77W1 Chitcoin fan boys
@VGFightSchool
@VGFightSchool Жыл бұрын
He can gloat. He earned it after all the flack.
@StratPIG
@StratPIG Жыл бұрын
He doesn't even understand whats going on LOL. That could happen with ANY INVESTMENT. He was stealing.
@carlswindelliv2701
@carlswindelliv2701 Жыл бұрын
​@@StratPIG who doesn't understand?
@noobisback1
@noobisback1 Жыл бұрын
Gloat? Not once has Dave mentioned FTX before the collapse, he can't even pronounce the parent company. Yet the man now acts like has been calling it for years. 😂
@carlswindelliv2701
@carlswindelliv2701 Жыл бұрын
@@noobisback1 what do u mean he can't pronounce the parent company!!!!!!! Yes he can that's a total lie!!!!!!!!!
@justsnappy
@justsnappy Жыл бұрын
*“That’s called stealing”*
@erodtv
@erodtv Жыл бұрын
No one has taught Dave about cold storage
@HenryPaulThe3rd
@HenryPaulThe3rd Жыл бұрын
No one taught all of the FTX customers about cold storage.
@personalperspective
@personalperspective Жыл бұрын
I am guessing to Dave, cold storage only means refrigeration or food in the freezer...
@joeeberstein5752
@joeeberstein5752 Жыл бұрын
Dave you were spot on, you took alot of flack but you called it!
@richardmyers7847
@richardmyers7847 Жыл бұрын
Called what?
@artemthetrain14
@artemthetrain14 Жыл бұрын
Seriously what did he call?
@SIGSEGV1337
@SIGSEGV1337 Жыл бұрын
he doesn't even understand what happened...
@Josh-py9rq
@Josh-py9rq 6 ай бұрын
Bitcoin is rising LMAO that has absolutley nothing to do with Bitcoin. It's sad at this point he can't even do basic level research it's just sad I love dave but good lord Bitcoin is decentralized it has nothing to do with FTX lol
@sweatygamergainz870
@sweatygamergainz870 Жыл бұрын
FTX needs to get into the baby steps???😂
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
It is DOA
@jasonathey2551
@jasonathey2551 Жыл бұрын
Never clicked on something so fast before lol
@fernandorosales9350
@fernandorosales9350 Жыл бұрын
Sameeeee
@mikes2974
@mikes2974 Жыл бұрын
Yup! Same lol
@dc76384
@dc76384 Жыл бұрын
The sad thing is people plowed all their savings and retirement income into this scheme.
@blackworldtraveler3711
@blackworldtraveler3711 Жыл бұрын
No sympathy here.
@DrSchor
@DrSchor Жыл бұрын
That was not a sad thing. Putting all your money in one scheme is a very stupid thing.
@ZidaneSteiner
@ZidaneSteiner Жыл бұрын
Not really.
@BTrain-is8ch
@BTrain-is8ch Жыл бұрын
A fool and his money are soon parted.
@ericpowell4350
@ericpowell4350 Жыл бұрын
Please tell us who did that. It sounds like you're making this up.
@GamerEmporium
@GamerEmporium Жыл бұрын
I HAVE BEEN WAITING FOR THIS ONE!
@murrethmedia
@murrethmedia Жыл бұрын
I don't care what the investment is, NEVER put all your eggs in one basket.
@johncooksey79
@johncooksey79 Жыл бұрын
FTX was a exchannge not a coin, The SEC was going to get the off the hook based on a SEC letter, but then things got worse
@Droppin_Deuces_On_Ya
@Droppin_Deuces_On_Ya Жыл бұрын
SBF dresses like its laundry day, everyday...
@donnyjay4269
@donnyjay4269 Жыл бұрын
🤣🤣… he really does
@symlexbrn5396
@symlexbrn5396 Жыл бұрын
Been waiting for Dave's reaction, finally
@aljuarez8877
@aljuarez8877 Жыл бұрын
Morale of this story: diversify, diversify, DIVERSIFY! No shock here Mr. Ramsey is on the "I told you so wagon"
@DrSchor
@DrSchor Жыл бұрын
You missed the moral: Don't diversity into a risky investment you don't understand at all.
@carlswindelliv2701
@carlswindelliv2701 Жыл бұрын
​@@DrSchor there is no such thing as investing in a risky investment that does make sense and is safe either!!!!!!!!!!!!
@dwadholm1
@dwadholm1 Жыл бұрын
Dave does have years of Wisdom when it comes to these things.
@jimroscovius
@jimroscovius Жыл бұрын
These people got what they deserved. You don't invest in garbage.
@pumpkin6464
@pumpkin6464 Жыл бұрын
Haha. Rachel ! It’s your favorite pass time🎉
@Alexander_McDoneaux
@Alexander_McDoneaux Жыл бұрын
Yes yes yes please keep putting out the FUD Dave. You do that & I’ll keep buying the projects at a discount.
@shrimuyopa8117
@shrimuyopa8117 Жыл бұрын
There were regulations in place to prevent what happened with FTX. Sam Bank Fried had ties to the head of the SEC, so they turned a blind eye to what he was doing.
@Trey1970
@Trey1970 Жыл бұрын
Yep, regulations don't apply to FEDGUV.
@borisjankovici662
@borisjankovici662 Жыл бұрын
@@Trey1970 Correction: Democrat donors.
@Lon1001
@Lon1001 Жыл бұрын
Yep it's called the law.
@vinyllpreviews9462
@vinyllpreviews9462 Жыл бұрын
They mis appropriated users funds. I'm pretty sure that's illegal.
@waterheaterservices
@waterheaterservices Жыл бұрын
The Party
@ianrambo5555
@ianrambo5555 Жыл бұрын
American Greed series getting more content 👌
@James-vj5hz
@James-vj5hz Жыл бұрын
FTX was paraded as the big, safe, regulated exchange. This will continue to happen with centralized exchanges. If you don't hold your own keys, you will lose your coins.
@YutubeBansALot
@YutubeBansALot Жыл бұрын
Democratic Ponzi scheme
@uhvoidme6321
@uhvoidme6321 Жыл бұрын
Is coinbase a “key”? If not how do i key my coins?
@victorrancor90
@victorrancor90 Жыл бұрын
@@uhvoidme6321 get your coins out of it to a ledger, that’s where I have mine.
@whitmcghee
@whitmcghee Жыл бұрын
Or maybe don't invest in things that have no underlying asset
@sstrongman1667
@sstrongman1667 Жыл бұрын
@@uhvoidme6321, look up any cold storage wallet. Trezor and Ledger are the most well known.
@TommyG11814
@TommyG11814 Жыл бұрын
Get rich quick =lose your a $$ in a minute.
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
Here today, gone later today
@brianprincer8726
@brianprincer8726 Жыл бұрын
The best part of this is when Dave uses his "Told Ya So!" voice. I imagine him reading in that voice to his grandkids!
@graythomson8824
@graythomson8824 Жыл бұрын
Thank you for Enlightenment, stocks is the oldest online marketplace we have made in recent years, we use it because of the top quality of the services it provides and how successful it is today, we are now talking about cryptocurrencies too, I'm just say that people should develop the habit of investing, it is really useful in life.
@nicholasmartinez6043
@nicholasmartinez6043 Жыл бұрын
I’m just hear to see if Dave calls out Graham for promoting this garbage.
@donnyjay4269
@donnyjay4269 Жыл бұрын
He lost money too… Graham didn’t know
@Wakeup45555
@Wakeup45555 Жыл бұрын
Hey Dave. Which smartwatch are you wearing?
@markmurrell1894
@markmurrell1894 Жыл бұрын
Of all the combinations, I mostly enjoy Dave and his Daughter Rachel on the show. Such fun!!
@yuckyool
@yuckyool Жыл бұрын
She's a pistol. Fun and smart, and knows where all the buttons are. Yeah, easy on the eyes as well.
@ashleymarie6682
@ashleymarie6682 Жыл бұрын
Theres no such thing as a “predictable investment”. The very definition of investment involves risk
@mattjcrane
@mattjcrane Жыл бұрын
A treasury bond is a predictable investment
@MrTrigz
@MrTrigz Жыл бұрын
@@mattjcrane buying power of the underlying asset isnt predictable tho
@doggieboy773a
@doggieboy773a Жыл бұрын
Oh the old school burn with the Bankman-Fried name. Dave is having so much fun with this.
@ZRO777
@ZRO777 Жыл бұрын
You brought a FTX promoter to your show. I wouldn't be so in your face sir.
@MrAeroaj
@MrAeroaj Жыл бұрын
Madoff was $64.8 Billion for reference.
@epizan
@epizan Жыл бұрын
I laughed out loud when he said that Sam Bankman-Fried was being probed in the Bahamas…
@yuckyool
@yuckyool Жыл бұрын
Home of the Fyre Festival, right?
@Carrm3ist3r
@Carrm3ist3r Жыл бұрын
Great video Dave!
@stewbugz5213
@stewbugz5213 Жыл бұрын
Dave used his Kermit voice when saying, “told ya so!” 😂😂 I told family and friends not to do it! They won’t talk about it now! 😂😂
@injanhoi1
@injanhoi1 Жыл бұрын
"Slow and steady wins the race! Predictable Investments!" I've got a very successful investment and it is still going. I did exactly what Rachel said at the end. Didn't happen fast. It was slow and steady and I won. I think the main problem is too many people are looking for a fast way to wealth.
@bradleyrandmartinmusic
@bradleyrandmartinmusic Жыл бұрын
Isn’t this like saying you shouldn’t invest in stocks because of someone like Madoff though?
@marksherrill9337
@marksherrill9337 Жыл бұрын
Yes
@paulhaas4299
@paulhaas4299 Жыл бұрын
It's hard to be humble when you are perfect in every way.
@blackworldtraveler3711
@blackworldtraveler3711 Жыл бұрын
Common sense is always considered perfection in the world of Idiocracy.
@elizabeths.3634
@elizabeths.3634 Жыл бұрын
This was great!
@SpoonHurler
@SpoonHurler Жыл бұрын
When are we getting SBF on the show?
@lanaj1107
@lanaj1107 Жыл бұрын
Cryptobros: I don't like regulation or banks! ...gives their money (coins) to a dude named Bankman.
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
A fool and his money.......
@gregoryking4796
@gregoryking4796 Жыл бұрын
This is why Dave is the GOAT and the other financial YT channels are pretenders.
@savvageorge
@savvageorge Жыл бұрын
The whole regulated banking industry is rotten to the core as well, I don't trust any of them. This is why I think Dave's debt free approach is the safest option.
@alinatamashevich3354
@alinatamashevich3354 Жыл бұрын
Banks are NOT your friends, their product is debt.
@marksherrill9337
@marksherrill9337 Жыл бұрын
Actually I agree. The whole thing is like a casino even when you think you know what you’re doing.
@Omikoshi78
@Omikoshi78 Жыл бұрын
A broken clock is right twice a day.
@fireengine77
@fireengine77 Жыл бұрын
Yet, Dave is probably doing a wee bit better than you financially…lol
@Omikoshi78
@Omikoshi78 Жыл бұрын
@@fireengine77 I’m a multi millionaire and make a million a year. I’m glad I don’t need to worship a false idol to make myself feel better 😉
@fireengine77
@fireengine77 Жыл бұрын
@@Omikoshi78 sure you are 🤣
@fireengine77
@fireengine77 Жыл бұрын
@@Omikoshi78 I’m sorry you lost money in FTX🤣….
@Omikoshi78
@Omikoshi78 Жыл бұрын
@@fireengine77 I’m honored that you’re in denial about my success with career and finance. Enjoy your rice and beans this holiday season :)
@jaytea42
@jaytea42 Жыл бұрын
Slow & Steady Wins the Race, just like Rachel said at the end, for the Tortoise & the Hare story.
@teamtaruc-theprojectmanagi2679
@teamtaruc-theprojectmanagi2679 Жыл бұрын
Thanks Dave
@cooperscreditconsultingint6792
@cooperscreditconsultingint6792 Жыл бұрын
You sure did Dave!
@mikekay4008
@mikekay4008 Жыл бұрын
Love to hear Dave chime in on the other influencers who shilled FTX. Ie graham Stephan
@wlsmojo
@wlsmojo Жыл бұрын
Q: How do you make a Small fortune in Crypto? A: Start off with a Large fortune.
@brucegrimmett367
@brucegrimmett367 Жыл бұрын
Your comment is golden.
@jhonnygarcia7396
@jhonnygarcia7396 Жыл бұрын
Been a listener since 2017 dave always said stay away😂😂😂😂😂
@johnanderson8385
@johnanderson8385 Жыл бұрын
did dave provide his insights on the midterm elections?
@thinkforyourself9334
@thinkforyourself9334 Жыл бұрын
Nope. He was wrong so no talking about that topic 🤷🏽‍♂️😅
@rockymountainfacet5958
@rockymountainfacet5958 Жыл бұрын
Ive been waiting all week for this reaction. Wish it was 10mins longer.
@user-wq5ws1qs7x
@user-wq5ws1qs7x Жыл бұрын
He has beaten this topic to death for years. Not much for him to say but “told you so”! 😂
@rockymountainfacet5958
@rockymountainfacet5958 Жыл бұрын
@@user-wq5ws1qs7x I would have been ok 10 mins of that
@sergiogonzalez6047
@sergiogonzalez6047 Жыл бұрын
Dave was right tho if you don’t understand it don’t invest in it
@monkemonkerson5620
@monkemonkerson5620 Жыл бұрын
Got a fortune cookie once with the FTX logo on it. The other side said something like, "what are you waiting for?" Lol
@Corkfish1
@Corkfish1 Жыл бұрын
Watch. No one will go to jail and there's more of these platforms that will follow.
@mv3616
@mv3616 Жыл бұрын
Let's invite Stephen Graham on your show again! FTX Sponsoring
@amireallythatgrumpy6508
@amireallythatgrumpy6508 Жыл бұрын
Yet another fool that gets his name around the wrong way. That's at least three in this comments section.
@franny11786
@franny11786 Жыл бұрын
Every video Dave puts out is just hammered in the comments by his critics throwing a fit... can't help but notice they're awfully quiet now. I'm sure now that I said something I'm gonna get hammered with angry replies lol
@mattjcrane
@mattjcrane Жыл бұрын
Hope you are having yourself a wonderful day
@dianaverano7878
@dianaverano7878 Жыл бұрын
Financial management backed up with traditional audit, monthly report to investors never goes out of style. Traditional but it works. Applies to small companies or big corporations.
@drchrisgrayson2042
@drchrisgrayson2042 Жыл бұрын
Hello 👋 Beautiful Lady 🌹..how are you doing today and your weather condition like today?
@francisebbecke2727
@francisebbecke2727 Жыл бұрын
"You should always jump into the next big thing!"
@bovnycccoperalover3579
@bovnycccoperalover3579 Жыл бұрын
I never invest on new products until it's proven reliability. I would also like to understand it.
@djpuplex
@djpuplex Жыл бұрын
"There's brains are turned off when you do things they don't like" Ironic Dave.
@zacharylowe8083
@zacharylowe8083 Жыл бұрын
How so?
@scarpfish
@scarpfish Жыл бұрын
You just proved his point.
@ralfbo685
@ralfbo685 Жыл бұрын
@@scarpfish it's funny how both sides can blame the other side for being stubborn. I think it is poor risk management to not change investing strategies for decades even if information changes.
@d_all_in
@d_all_in Жыл бұрын
What do you mean, his job is literally to listen to people who do things he doesn't like
@midwifeohyeah22
@midwifeohyeah22 Жыл бұрын
Rachel at the beginning 😂😂
@bikefab
@bikefab Жыл бұрын
good info on this on coldfusion
@Mister_Hassan
@Mister_Hassan Жыл бұрын
What do Bankman and Madoff have in common I wonder 🤔 😇
@hanooi7450
@hanooi7450 Жыл бұрын
Coincidence according to Dave Chapelle on SNL.
@PInk77W1
@PInk77W1 Жыл бұрын
Kanye’s best friends
@kateruterbories2692
@kateruterbories2692 Жыл бұрын
Hmmmmm.....
@thylabyrinth
@thylabyrinth Жыл бұрын
You’re getting dangerously close to noticing things.
@CarolynP376
@CarolynP376 Жыл бұрын
Uh oh lol . Good one though
@July.4.1776
@July.4.1776 Жыл бұрын
The best advice from Dave as always.
@Josh-py9rq
@Josh-py9rq 6 ай бұрын
He doesn't understand Bitcoin is it's own thing and FTX is it's own thing lol what are you talking about
@dipsuny
@dipsuny Жыл бұрын
I can’t wait for “I told you so”, when Rachel divorces her country club husband..
@amireallythatgrumpy6508
@amireallythatgrumpy6508 Жыл бұрын
They still allow you on KZfaq?
@carlapaige8708
@carlapaige8708 Жыл бұрын
Come on people, there is no such thing as fast easy money!!!!
@christopherderksen5524
@christopherderksen5524 Жыл бұрын
“Where’s your money now 🤡” the smart took it off exchanges lol. This video isn’t going to age well.
@fg-pd5mh
@fg-pd5mh Жыл бұрын
You look the opposite of upset thay people lost their money hahahha.
@hothotheat3000
@hothotheat3000 Жыл бұрын
Anyone who dumped so much money into a system without regulations or safeguards is, frankly, a fool.
@artemthetrain14
@artemthetrain14 Жыл бұрын
What did he call? Did he talk about FTX before?
@douglasbrinkman5937
@douglasbrinkman5937 Жыл бұрын
I’m still sitting on tulip bulbs! At least they are pretty in spring.
@wittleMermaid13
@wittleMermaid13 Жыл бұрын
😂
@chrismiller7784
@chrismiller7784 Жыл бұрын
I wonder what Dave thinks about the government’s executive order 14067.Which is CBDCs which is the governments own digital dollar?
@thatguy8005
@thatguy8005 Жыл бұрын
He described it as a ponzu scheme… when interviewed.
@MoneyStrategiesSOULutions
@MoneyStrategiesSOULutions Жыл бұрын
Haha, yes BankMan all Fried! I was thinking the same! Wow, one couldn't even make that up!
@clarenceishmael9615
@clarenceishmael9615 Жыл бұрын
All these trendy millennials looking for the next big exciting opportunity have just been reminded in no uncertain terms that real investing is actually quite boring. 🤷🏽‍♀️
@BetterManufacturing
@BetterManufacturing Жыл бұрын
Thanks Dave! And Ramsey Solutions for being awesome 👏
@junwatanabeenrolledagent1765
@junwatanabeenrolledagent1765 Жыл бұрын
Haha I agree…. I told all my clients to watch out. Not regulated and not backed by SIPC
@phazon100
@phazon100 Жыл бұрын
Regulations are stupid.
@junwatanabeenrolledagent1765
@junwatanabeenrolledagent1765 Жыл бұрын
@@phazon100 lol tell that to Tom Brady
@phazon100
@phazon100 Жыл бұрын
@@junwatanabeenrolledagent1765 he doesnt care.
@ronaldblackburn2483
@ronaldblackburn2483 Жыл бұрын
It’s only the beginning .
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