I lost over $80k 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.

About time ,Dave. 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?.

I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals. Nobody can become financially successful overnight. They put in background work but we tend to see the finished part.

Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

Just discovered your channel with this video and you make a lot of sense-- case studies are useful and I'd like to see more in the future! Creating wealth entails establishing routines, such as setting aside funds for investments. Salary is a drug, Its never enough.

I just hit $100,000 net worth this last quarter from saving and i plan to invest in the stock market to see it grow in the next 3 years. What is the best way to navigate the stock market as a newbie?

Recently, I've been pondering retirement. I've also put $800K into the stock market but i'm encountering fluctuations with limited gains. i need an approach that will align with my risk tolerance and financial goals. whats the best approach

Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

This is amazing. “How to build wealth

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

My mother listened to Dave on the radio while I was growing up, now I listen and have followed the same financial footsteps

I have about $250k distributed across various investing accounts, with 35% of my capital invested in an IRA and 25% in index funds. In Q2, 2023, I suffered a great deal. I'm just searching for methods to get better in 2024 right now.

S&P index funds all the way. The problem with active funds is that there is survivorship bias. In other words, the only funds that survive are the ones who had the best past returns. However, once people find out about these funds, they buy them, and drive down future returns for these funds. All the while you’re spending much more in maintenance fees vs an S&P index fund.

Hearing dave talk about 1% and 5% fees in 2024 is wild. How far we've come in a tech and computer-based investing environment. The 0% fee trading platforms came in and really shook up the fee structure these past 5 years

So many scammers under financial channels claiming an advisor helped them and giving the name of the advisor. With other bot account supporting the statement. Be careful people.

My mother-in-law said I could take over her time share when she dies. I ran away. My brother bought a Lincoln Navigator. My sister cashed out a portion of her 401k for a used car. I feel like a genius.

Thank you, very Clear. Greetings from The Netherlands

Thank you for the information.

6:10 pay a fee for mutual funds and pick them based out of their track record for rate of return; its worth it in the time you save to pay the fees

Love these clips! Dave is the Dad that will knock some sense into you! His wisdom has helped me a lot his voice reminds me of my dad that I lost 12 years ago.

Index funds are still #1

Great content Dave. Thanx man!

The S&P 500 is not a mid cap fund! Seriously Dave? It is the top 500 largest companies which is LARGE CAP.

Very interesting, but many studies have shown that active stock management underperform the stock market and then index funds on the long run. And the fees of these active managements are directly and unecessarily decreasing the yield. So as investing has to be done on the long term and as we know today that active management is unecessarily costly, why do not choose an index fund instead? This is what I am currently doing and I was a little bit surprised to hear this analysis. But that been said, I really like this channel, the tone, and the educational way you are sharing your knowledge. Thanks!

17:17 and on. I think this part is the most important. Live for yourself, not to impress others. 'The valet is seldom impressed... until he gets the tip...' Be humble and down to earth and generous like you have millions.

Greetings from South Africa.

Do you have any suggestions of Mutual funds to buy? Need help here. Thanks.

Hey Dave Can you talk about LLC and ways to protect your real estate properties! Thank you 😊

I will be forever grateful to you, you changed my whole 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 Elizabeth Wesley.

This is great information. Thank you!!!!

Dave sidesteps fees in active funds more than likely for the fact he gets a legal kickback form the Smart Vestor folks which is extremely more profitable than his own personal 401k. Therefore his net worth grows in his business which makes him a smart shrewd businessman. The average investor is better off in index funds, continually investing and don’t touch it until retirement.

I sure agree with all this! The only place where I differ is we have always driven nice sensible Chrysler products, RAM!

In the older clips you see him say to use mutual funds to beat the S&P 500. In more recent shows he uses the S&P 500 funds as examples of what to invest in for retirement.

Would you split between the 4 mutual funds equally or put more percentage into a large cap than small cap for example 🤔

Tax smart investing is something to maximise and invest consistently. Dream and win big ppl.

All the data says that 93% of managed mutual funds under perform the indexes, over 15 time period. Daves mutual funds have not averaged 12% per year, they have returned about 10.6% cagr.

Try ketogenic diet. First cut carbs to start fat burning. When you've lost the weight try to increase fat intake. No seed/vegetable oil. My problem is 53 divorced lost home supporting kids through university. Struggling financially and emotionally. Ireland. Kids in Spain. 23yo/25yo

Always love your video's Dave!! Your advice is SPOT ON!! Do you have a video on selling rental property and putting the proceeds into a retirement account to save on Capital Gains? Thanks!!

I invest my SIPP (personal pension) in index funds. I choose companies or industries which are doing well or in demand, for example ASML, Nvidia and then select the index funds those companies are listed in. It's working well so far.

Put 20% of your income into solid growth ETFs and let it run 20 years… over a million already ❤

I guess Dave has a lot better financial advisor than I had. I say had because he doesn't manage my portfolio now, so i don't pay him $250 per month to manage the portfolio, and my portfolio actually increases in value now.

Carrying debt is bad, but Dave overlooks the fact that once in debt, it is nearly impossible to tackle. I had living expenses double unexpectedly last year, had to use credit to get by, have a 6k balance and pay on time, I literally cannot pay the balance, have paid 1500 in 6 months yet have decreased the balance by avfew hundred only. Its ridiculous the interest rates they're able to charge, 25 + %

Finance and Business books have been so helpful. I’m 50 and my husband 55 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

Which mutual funds does Dave buy?

The financial industry may focus on investing, but getting out of debt first is the real game-changer. 💪

Which mutual funds out beat the market?

Love Dave Ramsey.

Dave's advice is solid. Worked.

I’m 25, I have a Roth IRA, & a brokerage. I have QQQM in them both. I’m considering adding in VOO & SCHD. But also 1 mutual fund. I’m going to do research but if anyone knows the best one LONG TERM, drop it down in the comments. Thank ya!

Is it a good idea to do a “managed” mutual fund or “managed” IRA where my financial advisor company takes a quarterly fee? How else since I can’t look to manage it myself carefully day to day to buy/sell. No way around that I suppose. I’m not knowledgeable to be hands on and that why they have a team of people managing it daily where I get charged that quarterly fee.

Dave’s advice is great for people who don’t know how to invest. Not everyone has the ability to learn how to invest and setup an account online. But the rest of us it’s etf all the way

Dave: Find a good mutual fund it’s not that hard. Also Dave not 5 min later: I don’t have time to look for mutual funds so I pay an advisor to do it for me

Where can i find the Alpo cookbook? 🤣 Sounds tasty

4:00 Just buy the index funds and forget about it. He makes it too hard and he gets kickback money from his endorsed local providers and most mutual funds over 80%. Don’t beat the end decks. Don’t make it too difficult and quit giving this guy a bunch of money on kickbacks endorsed local providers means he gets money to push their products. Just buy the index fund and fees. Do matter run a calculation on an investment calculator you’ll see that fees make a huge difference .

Gold.

I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.

The *vast* majority of actively managed funds don't outperform the market but Dave doesn't talk about that

Good investing is like good parenting. Feed your funds so they grow, but hang with them while they struggle and learn. If you have faith in them and make good decisions they will eventually come out ahead. Some are more volatile than others, but they all need consistent investment and patience for decades to see any return. Even a mediocre fund given enough investment can make you wealthy. P.S. To those wondering which fund categories Dave is referring to: Large Cap Value, Large Cap Blend (SP 500), Small Cap, and Developed Markets/International Blend. Picking these with maybe a slant towards value in the small caps is a solid strategy.

Awesome stuff

Dave is the show!

index funds arent bad but i think the growth funds/dividend funds are beter lol.

Fees destroy compund interest. No one mutual fund has consistently outperformed the S&P 500 over long durations. Mutual funds are the financial equivalent of a car lease... putting money in someone elses pocket, not yours.

So if someone has say $10,000 and another has 1 million is it still OK to have it all 100% invested in S&P500 large cap index fund?

i wonder how many different account you have to have if you wanna open a corporation account

The mental gymnastics needed to justify a loaded active fund vs a quality mix of index funds averaging under .1 is insane. He has to get kickbacks from American funds. I can’t come up with any other scenario where a knowledgeable investor would ever go this route.

Ramsey suggests 25% in an Intentional fund that mirrors the track record of the s&P but i cannot find any international fund with that performance. Any suggestions out there?

While I do agree with Dave on a lot of things, I must disagree on his stance on Bitcoin. Bitcoin has and will outperform the S&P500 and his mutual funds.

This dudes mad patient with callers lol.

I’m not investing because I’m paying off debt with the snowball method, but time is flying, I’m 50 and 50k in retirement… tempted to maximize my investments🤤😮‍💨😧😵‍💫😑

Fees are definitely important Dave, regardless of how you spin it. 95% of what you say is spot on but it's a complete swing and miss when you dismiss the effects of fees on your portfolio over time.

You CAN take money out of a Roth IRA and Roth 401k BEFORE the age of 59.5 IF it’s been in for 5 years, and IF you are only taking out the money you personally put in. You just cannot take out the INTEREST.

II Corinthians 4:18 - While we do not look at the things which are seen, but at the things which are not seen. For the things which are seen are temporary, but the things which are not seen are eternal.

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

Excellent video! Ur show may have gotten better ratings w/o you, BUT the show would NOT be the same w/o u!!! No one on the show have ur wisdom. U also know when to cut callers out, yes, sometimes prematurely 😂 BUT u give a lot of spot on info while I’ve heard some personalities gv questionable info!!! Like dude, what!!!!! And I use the term dude when referring to 👧 too!!!!

The problem is, growth funds typically regress to the mean in the longer term and end up being as good as or only slightly as good as an index fund (especially if you factor in the higher fees).

if you have a house what amount of money should i have save to build another house

HELP - I'm 52 with no retirement money. I now have $5000/mo to invest - but only have 10 years to work. I need to turn $5k/month into something ASAP. I need to know exactly which mutual funds - not just "good growth funds". Can you name the funds please?

I disagree with you on this one. I would just buy an index fund or two and use will save on fees. Ur basically stock picking and that doesn’t work for 99 percent of the investors. Sorry ur wrong

Say I have $1,000,000, who do I talk to to invest? So many companies out there, have no idea why I would pick one over another, what’s fees to look out for, services I should be seeking… if buying a mutual fund was as easy as buying shares on Amazon prime, every American would be a millionaire.

I invest heavily in rhe S&P I am in it for 25 years , should I move to mutual ?

Dave Ramsey has not once, not ever revealed the mutual funds he invest in. Why? If he would just simply tell me the name of the fund, I would buy the funds he’s talking about.

Ok

how much money should you have if you wanna open a franchies

Recommendations how to learn?

If you dont have the power to invest on the same level as a millionaire... you'll never have the fiscal mobility to ever realize such equity. This is the same truth that holds in professional poker... If you dont have a proper bankroll and manage it correctly, you'll be playing on scared money and taking unnecessary losses in spots where you should be making profits had you had a proper amount of money.

well it seems if you were in just in the q's over past 2 decades you would have beat the pants off any other portfolio; but past performance does not guarantee future returns.

In my opinion Dave’s spot on , look for mutual funds that have average 10-11% over 10 years ,simple. It will go up and down .

I want to invest! How do I start and im not in the USA!

So the trick is to just buy investments that we know will beat the market every year? And “it’s easy to do”? Wow. Thanks! I wonder why so many people waste their time and money now that this “easy” trick is out there!

4:10 haha E L P kickbacks. 😂

Warren Buffet said you should be able to invest 70% of all your money into one stock before you diversify

@3:27 The funds he buys always beat the S&P 500...it's not that hard, just open up the prospectus..

Glad most people did well on DRs financial advice throughout the years ! However his lack of humility and denial regarding the obvious opportunities in Bitcoin and other Alt Tokens on the blockchain will ultimately be his undoing if he does not wake up and smell the coffee soon..? I mean even after ETF approval Dave still just does not get it.! WOWEE..!

I guarantee that Dave does not understand what he is investing in. It actually is shockingly easy to beat the S&P 500 over the long term. Small cap stocks have historically beat large cap stocks by roughly 3% a year (on average) since we started keeping track of prices. However, this increases risk and volatility massively. Small cap stocks today are still lower than they were in 2021, meanwhile, the S&P 500 has recovered. The reason why small caps do better on average is because people (even professionals) can't handle the volatility on them. However, we know from close to 100 years of evidence, that small caps outperform large caps given enough time. This is actually why since 2000, the US whole market index (think VTI) has actually out performed the S&P 500 (think VOO) by about an average of 1% a year over the course of the entire period. It is those small caps ticking away with slightly higher results over time. It was companies like Domino's killing it and then only getting added to the S&P 500 in 2020. Of course, 1% a year isn't a lot, but it adds up and it compounds over time.