Don't sell! I believe Bitcoin will reach $150k this bull run. If you're unsure, consult a financial advisor who specializes in crypto investments for their clients.

I was in a similar situation a few years ago; I took profits, but it went higher. Realizing I wasn't good at timing the market, I started working with an advisor, which helped me build a $1.6m stock and crypto portfolio. It all comes down to insight and patience. Remember, time in the market is better than timing the market.

This is very insightful. Hope you don't mind me asking you to recommend your advisor?

I'm careful about giving specific recommendations since everyone's situation is different, but I've worked with Melissa Elise Robinson for years and highly recommend her. Look her up online to see if she's a good fit for you.

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

If you want to end up with a million dollars buy a boat for 2

It is simple I'll agree. However, the course Financial Peace teaches more than just the common sense basics of debt reduction and saving for the future. It offers a Biblical and Goldly perspective on finances. The course gives lessons with detailed insights on behavior that can lead to bad financial decisions and maps out a stradegy for success in personal finance, real estate, insurance coverage, and investing. The most important part of the entire course is learning to give and getting yourself in that position to be able to do so.

and you trust the government ? LOL

well the drawback there is you have to refresh that every few months and they're not fully liquid all the time

@@godsdozer FDIC is the government

@@godsdozerwell considering FDIC is government backed and so is all USD, you better trust them with things like short term bonds if you have any USD at all.

@@samwilliams6679 backed by a FDIC government that is 34 trillion in debt LOL. Are you calling that stable?

😊No FDIC insurance in that sock drawer. LOL😂

No fed access/visibility in that sock drawer though…

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

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.

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

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

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

Large companies like Apple and Microsoft keep their cash in short-term US Treasuries. You don’t need to wait for them to mature when you need cash, because you can also sell them for cash without much, if any, of a loss due to a spread

The strategy you are mentioning is to split the money into fourths and invest them in 28 day Treasury Bills (4 weeks) one fourth a week for 4 weeks so that 1 fourth of your money matures every 7 days. This is one of the safest ways to hold large amounts of cash/cash equivalents because it is backed by the US Government and you are still fairly liquid. Apparently Warren Buffet utilizes this strategy with Berkshire Hathaway. I would trust this method over over-leveraged banks for large amounts of cash. Then again, what you can buy for an ounce of Gold has held up against inflation for thousands of years… (I know precious metals is a dirty word at Ramsey Solutions even though arbitraging the gold/silver ratio over the last 50 years has beaten the market…..) *Not Financial, professional, accounting, or legal advice. Please seek a qualified professional in your jurisdiction of choice).

What do you do if you cash out into a failing bank? You might have no choice if it’s the one your brokerage uses and bond maturity just happens to coincide with the failure.

Honestly, I did learn a bit from this. I've been considering calling in. I'm trying to save up 100k in about 4 years, and I've just been putting everything in a high yield savings account, but I was considering putting it into the market to get there faster. He just said that's a bad idea, which I kinda knew, but I wish he'd expand more on that.

Well, just in case....

Ha ha, I said the same thing.

"If you need cash you sell them..." OK but keep in mind it's possible that you'd have to sell those bonds at a lower price than what you bought them for. But yes, you can always keep the bond until it matures to get the guaranteed yield. That's what makes them "risk free." But they are definitely NOT as liquid as pure cash.

Or directly from the FED

Thanks devil

@@g.t.richardson6311no, he’s right for the most part. The only way we hear about the super rich is on tv and usually when they’ve done something horrible, otherwise you’d never know they existed. Think Jeffrey Epstein or government officials. I can’t think of a billionaire that isn’t corrupt in some way, how’d they earn all that money? I’m sure there are some, I won’t condemn them all, I don’t think Buffet is a bad person but I don’t know him. The best, honest, nicest people I know of are just doing ok. Some are dirt poor, some are doing really good , none are “super rich.”

My credit union has a high interest savings account that pays 5.25% but only up to $100,000

I think that in this context "float" means the following. You have money in your business bank account. A vendor invoices you for, say, $10,000. So, you withdraw that $10,000 from your bank account and deposit it overnight (or even for a day or two) before you send the payment to the vendor. Now, although you moved the money out of the account, and it is earmarked to satisfy the vendor's invoice, you are earning interest on it until it actually leaves your account. I think it is called "float" because it is the money "floating" at the top of your bank account, ready to be skimmed off to meet the next incoming vendor invoice. I think that you can also profit from the converse of this. That is, if you can speed up by a day or two the collection of invoices that you post to your clients, then you can earn additional interest on that money when it lands in your account a day or two early. I think this is also called "float," because you are skimming off the money floating on the top of your clients' bank accounts. If any reader can confirm or deny, or improve my answer, please reply.

What if you pee the bed?

@@daveycrocker4466 what are you…12?

US Treasury Bills are called debt. Not a great idea when the economy is this bad. Things can go south real fast. Also, there is not enough cash for FDIC to be covered to make all solvent. There are some real problems coming and this lady who called in is probably going to lose a lot in the upcoming crash. Not to mention she is losing just due to inflation. Those who hold physical gold and silver will do well. But Ramsey won't preach that.

@@Spirit-FilledMindset US Treasury investments are quite literally the safest investment vehicle in the world. No intelligent person would use business reserves to purchase physical previous metals.

Hello 👋 How are you earning such weekly? I was born a Christian, and sometimes I feel down on myself because of low finances, but I still believe in God.

Thanks to Mrs. Elizabeth Regina Nelsen's time in my life, which had a profound impact on me.

No doubt Elizabeth Regina. Nelsen Trading services are undoubtedly excellent.

It's great to see Elizabeth R. Nelsen getting recognized here. Starting with just $2000 and now being highly recommended due to the good returns is truly motivating!

I'm really interested, does she work with clients outside the USA, I'm from France?