No one gets hurt on a roller coaster ride except those who jump off. I gotta remember that one. Lol

@pinkgal206

4 жыл бұрын

Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

@michaelwoods4495

4 жыл бұрын

You really have it right. It's not timing the market, it's time in the market. Dollar cost averaging is the only reliable strategy. Do it!

@anthonycosentino463

4 жыл бұрын

What if the whole roller coaster collapses while you're on it?

@jackw801

4 жыл бұрын

Doopy Dingleberry if that happens you have much more to worry about than your investment money. That’s an apocalypse scenario. The rollercoaster always comes back in the long run

@joejoexm

3 жыл бұрын

So good!!

Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌

@harrisonjamie794

10 ай бұрын

Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement

@BrunoLuke

10 ай бұрын

@@harrisonjamie794 lookup MARTHA ALONSO HARA , this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses

@harrisonjamie794

10 ай бұрын

@@BrunoLuke Despite the economic crisis and the rate of unemployment now is the best time to invest

@BrunoLuke

10 ай бұрын

@@harrisonjamie794 Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌

@harrisonjamie794

10 ай бұрын

@@BrunoLuke Thank you, Going through her profile on her webpage out of curiosity, and surprisingly she seems proficient. I appreciate this.

I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. All roads have pointed to the equity market of some sort which is a good idea buh where else should I put money besides the equity/stock market?

@Ogden1

7 ай бұрын

Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

@AddilynTuffin

7 ай бұрын

Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January 2022, This helped me stay afloat and improve my portfolio of $450k in months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.

@judynewsom1902

7 ай бұрын

My partner’s been considering going the same route, could you share more info please on the advisor that guides you

@AddilynTuffin

7 ай бұрын

I started out with a financial advisor called *Sharon Louise Count* Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.

@AK-47ISTHEWAY

3 ай бұрын

Scammers

Having multiple income sources is very crucial to financial growth.

@repliedbajapanesewithhanak6676

3 жыл бұрын

I realized the benefits of investing during this lockdown. My source of income had previously been my job. But I lost my job when the pandemic started and I had to live with the little I had in my savings which really affected my plans.

@admin3427

3 жыл бұрын

@AnonymousBuster Sunshine This is exactly what I'm talking about. For the past four years, my income has never been dependent on any firm or work place, because I chose to invest and the more money I get the more I seek for new investment opportunities.

@wilsonfred7863

3 жыл бұрын

@@repliedbajapanesewithhanak6676 Unfortunately having a job doesn't mean security. So I really appreciate Expert Rex Coleman transparency and help on my trades.

@helenegrey2441

3 жыл бұрын

I came across this name Rex Coleman, when I was really looking to start up some investments. But I wasn't given much information about him.

@fundgurujihelpdesk4467

3 жыл бұрын

John Bogle has the best book on mutual funds period.

@droptozro

6 жыл бұрын

"Boglehead's Guide to Investing" is a good starter.

@lanierose8242

5 жыл бұрын

@@droptozro thanks for this...gotta add this on my list

@PassRush49

2 жыл бұрын

Absolutely.

@calinursingable

2 жыл бұрын

Pretty much all you need. VTSAX and chill.

Been consuming as much knowledge as you put out. Glad I started the new year finding your content. Refocusing my goals to baby step one and investing in things I know. Looking to start a blog sharing industry knowledge I've gained after leaving the Army. Thank you Sir.

I wasted years by investing through my bank, lack of info prevented me from doing anything else. Daves caution of Paralysis is so true.

This one is a classic. I come back to it again and again to help keep me in track.

This message is so relatable. It’s hard to jump in without knowing everything you want to know but all that research takes time and time away from you starting investing. I did this and finally just jumped in.

@alabamahogger

2 жыл бұрын

I see you just jumped in, how’s it going?

Idk the first thing about investing I’m very skeptical when it comes down to it , but Ramsey makes me feel a little comfortable about it.

Dave Ramsey is correct! He is honest and it might not sound nice, but you can tell he comes from a place of honesty and not trying to sell you something.

Vanguard funds are perfect for the hands off investor High quality funds with extremely low fees

@shaereub4450

3 жыл бұрын

I do Betterment robo investing low 0.25% fee.

@1x0x

3 жыл бұрын

@@shaereub4450 thats just the fee for the advisor that is not the fee of the actual mutual funds

@shaereub4450

3 жыл бұрын

@@1x0x I invest in ETFs

@1x0x

3 жыл бұрын

@@shaereub4450 okay my point is still the same. you are talking about advisor fees and this guy is talking about fund fees

Definitely agree with Carlos E on this one, but key point being for those who don't know how to invest.

Most mutual funds hold the same top 10 stocks plus many others but the big % is Apple, amazon, Google, msft and so on. Just diversify and always keep cash on the side in case we crash or loose your job and stocks are down.

Man you are awesome, love the topics

Keep spreading your knowledge Dave- you’re such a blessing ☝🏼

I'm close to moving money I have in a mutual growth fund that has been underperforming in relation to other mutual growth funds for a number of years. I'm glad that Dave Ramsey has gone through that experience too, so I can learn from him.

Thanks for this Dave!

I opened up a Roth IRA with Betterment 90% stocks 10% bonds. my friend told me Betterment will adjust to more bonds less stocks as i get older. He also told me not to back out if it goes down a little (that it'll fluctuate sometimes -2% one year 10% another) and that time/decades in the market is better than trying to tome the market. I also put $10K into a all bonds account that i can pull out penalty free if needed.

I also believe small caps and REIT funds should be a part of everyone’s portfolio. Dave just highlights large caps (growth / growth income) and international.

@williamnettleton3413

4 жыл бұрын

He gives 4 of them. He only may explain 2 but many other videos and callers he talks about 4 of them. 1 is the slow basic one that never fully changes. 2nd is medium Cap. 3rd is high cap. Then international. At least in my head that's them. Lol didn't see a comment for 2 years thought I'd add.

The Wealthy Barber is a great book on investing

See it’s easier to take Daves advice by using index funds. I’ve used VTSAX 100 percent of my investing sense 2009. Between 401k, Roth IRA, traditional IRA and brokerage I have put 20+ percent of my income in some combo of those and never bother to check it more than a few times a year at the most. Just do it!

Thank you so much for this Mr Ramsey! I plan to keep it simple and just keep investing!

Dave what is your opinion on the online financial advisors like Betterment or WiseBanyan?

Thank you for the kick in the back side. I was going down that rabbit trail. I almost gave up and did nothing.

I find it even more daunting as I’m in Australia and worry that/if things work differently here. Also, my family has put so much fear into me about investing in anything other than real estate. But they are broke. So, I’m torn. I’m an EDM on BS7, but almost all my investment is in property. Now that I know DR though, I won’t mortgage another property (I have zero debt of any kind right now), so I have to find an alternative investment while I cash build again...

They SHOULD know the expense ratio. Because then instead of having a net worth of 4.2, they'd have a net worth of 7.2

@moonboots2021

3 жыл бұрын

I was just about to comment this.

We appreciate your frank speech, Dave!

Dave gives a lot of good advise but when it comes to specific investments, don't bother asking. It is his job to sell you that information. Not saying he is bad or anything, you just won't get that stuff from on these videos.

Great Video. Needed that.

Dave Ramsey and Phil Town are battling it out inside of my mind..no winner yet!

Please share the tickers for your mutual funds. Thanks for the information.

yet another amazing video!

Absolutely! We made a big mistakes and it cost us a bunch of $$$. Did not know Ramsey before.

Five minute mark: Absolute TRUTH So many people are stuck in analysis paralysis and they don't have any money!!! I told them that whatever they do, they should just do something and at least learn along the way. That is what I did and I am much better off for it. When people ask me about the properties that I have and the stocks I own they think it was all given to me but no! I started investing when I made roughly 24,000/year. Every spare dollar was invested and I really had no idea what I was doing but I was doing SOMETHING.

@StephenPaul1160

5 жыл бұрын

Time is the most powerful aspect of investing. You'll be significantly better off investing when you make your first paycheck at 18 into any mutual fund (preferably a low cost index fund) than the person that becomes an investment "expert" and waits until their 30's to start investing.

@thedaveramseyshow how about a real estate investing book?

That is the sad part about some clients who could have been investing for so many years prior, but didn't because they didn't know what to do exactly. We explain to our clients the different scenarios they could have at different stages in their life based on "what ifs". This can ease up their worries. So we can get the ball rolling on investing and growing wealth.

Agree, except when it comes to expense ratios, that and overall long term returns are all I look at when picking a fund. Ratios do affect bottom line.

@fastgmc

6 жыл бұрын

Dave alway preaches less than a 1 percent ratio. I think in this segment he was stating that if you know everything about every mutual fund, but fail to invest your simply spinning your wheels.

@droptozro

6 жыл бұрын

Yeah Dave always changes the subject. There are those of us who know our expense ratios AND also consistently invest as recommended. Dave tries to split the camp as if one pays attention to their money expenses they are likely not consistently investing and tries to prop that up against someone who doesn't pay attention yet consistently invest(like the guy who has $4.2 million). Guess what though... if the guy who has $4.2 million knew how much his expense ratios he might have $5 million... but Dave ignores that. It's really depressing to hear him speak so illogically about this subject. I've yet to hear Dave preach on the ratio he recommends. His Washington fund have a 5.75% front load, and many under 1% fee yes, but if you use those funds along with an advisor that takes 1% and then your 401k takes it's expenses you're likely losing 2%-3% of growth every year. That's a lot of money--especially for those of us who make an average income for a family... $2 million will be worth about what $1 million is today in 30 years.

I worry I have the opposite problem: no analysis. I just invested in a fund that follows the S&P 500. Is that ok? Or should I be doing a little analysis and choosing a mutual fund?

Oh my goodness Dave, your comment “you get so much paralysis from the analysis “...love it! Lol. Keep up the good work.

@Elizabeth-yg2mg

4 жыл бұрын

I think he means to say "analysis paralysis".

@joetyler835

4 жыл бұрын

@@Elizabeth-yg2mg its the same

Do you invest in commodities as well? Are you investing only in U.S Equity funds

Dave is a good salesman

I can unequivocally say that trading is one of the most profitable and lucrative business for every investors with the right expert

@stanleybrook5879

6 ай бұрын

You are right but the market is profiting if you are using really a good broker or account manager to help out with trades or provide signals

@adamsrichard2850

6 ай бұрын

It's Strange how people talk about all the profit they have been making through trading of bitcoin and forex While I'm here not making any profit at all.

@sarahwood8475

6 ай бұрын

Having adequate orientation or knowledge about forex trade or any other crypto currency is a key to a profitable and a successful investment.

@rhondarowland2002

6 ай бұрын

That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

@nguyenvee4199

6 ай бұрын

I have been seeing so many recommendations about Oliver trending, his strategy must be good for people to talk about him

It's not "paralysis of analysis ", its confusion with the acronyms!

@jonuisfe5684

3 жыл бұрын

Exactly, like what do all these words mean?! Lol

Awesome!!!! So true too!

Paralysis of analysis is exactly what I have.

@LibertyFirst1789

3 жыл бұрын

You and me, too! The money didn't come easily so the thought of losing it all at once makes me reach for Tums.

Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based on their “chart” patterns, the “target” prices of analysts or the opinions of media pundits. Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. Sometimes the payoffs to us will be modest; occasionally the cash register will ring loudly. And sometimes I will make expensive mistakes. Overall - and over time - we should get decent results. In America, equity investors have the wind at their back. Warren Buffett

I don't understand where to find these mutual funds! The bank?

Hows usaa for IRA? Should I switch to vanguard?

How come through work 401k enrollment in personalized Planning, so I don’t think I can select the different types of mutual funds?

Dave on paying off debt vs investing: “You forgot about risk! Pay off the debt!” Dave on investing: “What is risk?? Stock funds all the way! Weeeeeeee”

@AMPMGrind

3 жыл бұрын

😂 😂 😂

@redstarling5171

3 жыл бұрын

Well if you have no debt and your household sorted, invest your money is the wisest strategy

@jeremyjeremy8795

3 жыл бұрын

When you have no debt you have more money to invest and significantly less risk

Ark invest they have the number one and number two index funds for 2020. I think one of them is over 40% this year

This is exactly what I think! Yeah we all want the best performing funds and stocks but stop waiting around and just do it! Even if you choose an easy way like investing in an index fund it will work for you. Even with my channel I'm trying to grow, I like to stick with simple ideas and doing it. Investing doesn't have to be so complicated if you choose. Thanks Dave!

So basically to make money investing, you have to invest money. Got it.

@kelvinkendrick5152

3 жыл бұрын

Lol!!!!

Has anybody picked a growth stock that out performs the SNP yet? I would be interested in knowing how to pick one. Thanks

@exgamer07

4 жыл бұрын

FCNTX.

Dave - what do you think about the likes of Acorn and Robinhood? Are they are good place to start small?

@TJC450

6 жыл бұрын

Not from what I've heard. I'm thinking of going with TD Ameritrade.

An index fund is around .4 % in annual fees . Daves famous mutual funds that outperform the s&p have a 2.5 -3 % . It is a big difference

@reniehandler2595

4 жыл бұрын

VTSAX is .04%

Lol this one is good “what’s that?” thanks for this. I do tend to over analyze

What i don't understand is what's wrong with having a fun that is slightly below, let's say, the S&P500 index. If its annual returns are lower by .5% compared to S&P, why not just invest in that passive fund then?

Is robinhood a good platform for long term investing ?

Gotta find myself a financial advisor, trustworthy tho. (for investing) ishs

i like your style you remind me of my 1st sargent

Thank you Dave you are a blessing

Keep it simple, open a self directed Roth IRA and invest in S & P 500 ETF.

@susanjoseph173

3 жыл бұрын

I do that

@jeffwvu4602

3 жыл бұрын

But you can do better than that.

This book is available for free viewing at your local county library

U are the best Dave! Sooooo right

This guy might as well be talking Chinese to me lol

@deisydelgado8633

3 жыл бұрын

😂😂 same 😩🤦🏽‍♀️

@deisydelgado8633

3 жыл бұрын

@@gustavthegreat2811 that’s why we are here

@kneth1935

3 жыл бұрын

I completely get it. But in the year since you watched this, I hope you read a little to familiarize yourself with some terms. Take care!

@AL-ri6bk

3 жыл бұрын

lolz ish

@naomid1819

3 жыл бұрын

I swear lol but im here to learn lol

Why are some mutual funds closed to new investors?

Why Chris Hogan? Why not ETFs or individual companies with good management

What is the exact mutual fund Dave is invested into ?

All of my mutual funds are beating the S&P net after expenses. And the average fee /year expense ratio is 1.2-1.4%. Is it high? Yes, but I am beating the market by 2% point or more every year.

@droptozro

5 жыл бұрын

Glad for you. Let us know how that works out over a decade or so and a long bear market.

What do you think of betterment?

A new report shows that the number of Canadian funds focused on U.S. large-cap stocks that outperformed the index over the past five years was precisely zero.

@RG-in7ks

3 жыл бұрын

Warran Buffet had a 10 year bet with fund managers that the S&P 500 would beat them, he won of course. Think the bet ended 2018 so still relevant.

I have seen some tech funds with 300% over 5 years

Ehhh, the majority of mutual fund managers who get paid a commission don't invest in your best interest, they invest in whatever yields them the highest commission.

Thank you Dave 🙏

Where would I get started on mutual funding, and or investing my money, any Apps or websites please let me know.

@AK-47ISTHEWAY

9 ай бұрын

I would go with either Charles Schwab, Fidelity, or Vanguard.

Hey Dave. What platform do you use to invest in mutual funds?

@rustybell2722

3 жыл бұрын

Hmm, this question was asked 1 year ago. No replies. Feel sorry for ya, Jon. I would have been interested in the answer myself. Hope you got an answer someplace else and that things worked out for you.

@rebelfromva

3 жыл бұрын

Rusty Bell haven’t heard in any videos that I’ve watched by Dave.

It takes years of education and experience to build your systematic framework to invest. If you haven’t failed yet, you need to hurry.

I'm pretty sure "retire inspired" isnt what this guy wants, but i guess thats dave's point. I read Retire Inspired and its a good read. But if you watch or listen to dave on a regular basis its hogan regurgitating what you hear dave say all the time. "Save money, live on less than you make, if you dont save for retirement here's a horror story of what happens". There's a little good info in there, but Hogan is a genius, b/c he's made a lucrative career out of saying the same thing as Dave in a "cooler/hipper" way

@MsGinger444

6 жыл бұрын

DMaster81 Yeah, I love listening to Chris Hogan and his book is awesome. They are both great in their own right...kudos to them!

@anthonylaney1062

5 жыл бұрын

You hear it from hogan and dave all the time and yet people still mess it up lol

It’s fine to have some active investments, the kind you manage on a day-to-day basis. It’s best to invest in the kinds of ventures that will leave you free to do whatever you want in life.

@bernardogutierrez8392

3 жыл бұрын

You’re right, investment that generates income silently and grows wealth while one can be busy with other things.

I am 19 and my dad helped me set up a ROTH IRA. How do I know (especially on services like fidelity) which of the four types of funds a particular fund may be?

@AK-47ISTHEWAY

9 ай бұрын

You don't need to follow his exact investing advice. All you really need is a total US stock market index fund, a total international stock market index fund, and maybe a bond fund as you start to approach retirement age. Just stick with those two or three funds.

Acorns is pretty neat.

Does Dave have a live show I can watch?

@AK-47ISTHEWAY

9 ай бұрын

He has a live radio show that you can listen to and call in to ask questions plus he has 2 KZread channels where he will post clips from those shows.

I’d rather give my money to Dave and say write me a check in 10 years

@justinc2633

3 жыл бұрын

if he can easily get 12% a year id pay money for him to manage my money, he should start his own mutual fund lol

@wasbii22

3 жыл бұрын

@@justinc2633 yeah I can do that for you go all in on MTUM

@1x0x

3 жыл бұрын

@@wasbii22 going all in on anything is stupid but that looks like a decent fund

What are the names of those 12% average return mutual funds Dave?

@StephenPaul1160

5 жыл бұрын

If they actually existed, he would have won a $1mil bet with Buffett.

@SimplyZBest2000

5 жыл бұрын

American Funds (AGTHX) The Growth Fund of America. It has averaged well over 12%. It is front loaded but it is actually over 13% for the life of the fund.

@FatBoyBrett

4 жыл бұрын

3 out of the 4 Dave told me (small cap, mid cap, large cap, and international) to invest in are above s&p500. So 3 of mine are at 12% and my international fund is at 10%.

@FatBoyBrett

4 жыл бұрын

Also one of mine has been around since 1956 and has averaged 13.04% over its lifetime.

@smallbeans101

4 жыл бұрын

@@FatBoyBrett what are the names of them

Why doesnt dave talk about index fund eft/mutual funds. They are way better than managed mutual funds.

@AK-47ISTHEWAY

9 ай бұрын

Because he has a vested interest in advertising for his SmartVestor Pros program. All of his advisers have to pay Dave to be listed with him. It's all about making Dave Ramsey richer. That's why I whenever anybody brings up index funds he goes berserk because he wants a cut of your money. He's a true con artist.

Lol. Love it.

is the Etrade robo account any good ?

“A bird in the hand is worth two in the bush” To flesh out this principle, how certain are you that there are indeed birds in the bush? When will they emerge and how many will there be? What is the risk-free interest rate (which we consider to be the yield on long-term U.S. bonds)? If you can answer these three questions, you will know the maximum value of the bush- and the maximum number of the birds you now possess that should be offered for it. And think dollars, not birds. Aesop’s investment axiom, thus expanded and converted into dollars, is inmutable. It applies to outlays for farms, oil royalties, bonds, stocks, lottery tickets, and manufacturing plants. And neither the advent of the steam engine, the harnessing of electricity, not the creation of the automobile changed the formula one iota- not will the internet. Just insert the correct numbers, and you can rank the attractiveness of all possible use of capital throughout the universe. Common yardsticks such as dividend yield, the ratio of price to earnings, or book value, and even growth rates have nothing to do with valuation except to the extend they provide clues to the amount of timing of cash flows into and from the business. Indeed, growth can destroy value if it requires cash inputs in the early years of a project or enterprise that exceed the discounted value of the cash that those assets will generate in later years. Market commentators and investment managers who glibly refer to “growth” and “value” styles as contrasting approaches to investment are displaying their ignorance, not their sophistication. Growth is simply a component-usually a plus, sometimes a minus- in the value equation.” Warren Buffett”

I want to learn investment. Kindly guide me guys. I’m 30 years old but sick of living a regular life.

Most actively managed mutual funds do not beat their benchmark. Choose a low fee index fund ETF.

I guess this is just the part of me that's scared, but literally where would I start with investing? Do I just try and get in contact with his "smart investor pros"? I'm just kinda scared not knowing what to do, but i guess thats my fault lol

@ryancarmona290

3 жыл бұрын

Find a broker on google (Schwab,Robinhood,Ameriprise, whatever) and open an individual account with them, which should be easy enough. Then connect your bank account with the new trading account, and but however much of whichever mutual fund to decide on

@stevemoore9509

2 жыл бұрын

@@ryancarmona290 Thank you for the information.

Sounds like Dave is on the payroll of the mutual fund companies. How about full disclosure in what mutual funds you hold that consistently bests the market Dave ?

@bbdog141414

5 жыл бұрын

Moodie B Look at all the American funds growth stocks, they trounce the index in every one of their funds!

@amm1270

5 жыл бұрын

Good luck getting that info lol Everything you need to buy with no names mentioned.

@joshuamclean4588

5 жыл бұрын

amm1270 yeah why doesn’t Dave just invest for everyone and do all the work for you too 🙄

@carultch

3 жыл бұрын

@@joshuamclean4588 That's ultimately what a mutual fund is. Just with a team of experts, instead of just Dave, doing the investment for you.

Expense ratios are extremely important. High expenses literally kill your returns. Completely disagree with Dave regarding load funds. Research shows load funds don't provide any benefit over no-load. If anything, they only provide negatives (such as higher initial fees when investing). One of my no-loads, GTLLX is killing it with 25.71% or 5%+ over the S&P 500, and has a lower expense ratio. Best part is? I can throw in what ever amount of money I want into it with no fees.

@fastgmc

6 жыл бұрын

check out crf and clm, tell me what you think about it

@Helthurian

6 жыл бұрын

Both seem to have declining value per share. For that reason, I wouldn't touch either. For income funds, I look for at least steady growth (or at the very worst stagnate), but declining is a no no imo. A high dividend is only worth something if the company itself is worth something. 18% of nothing is nothing.

@fastgmc

6 жыл бұрын

Yeah, i bought some last year in oct, basically from oct to may its has about a 10 to 15 percent stock price increase plus that sweet monthly div. i sold at 16.35 and reentered after the rights offering at 14.5 in sept its paying me right at 2k a month on div i feel pretty solid on that amount of return, on the other hand my mutual fund prgtx i think was up 48 percent not counting the cap return this week, and my other focpx was about 38 i think. its been a historic year for the market for sure

@fastgmc

6 жыл бұрын

also the div increases for the monthly distribution this coming year 2018 on clm and crf

@fastgmc

6 жыл бұрын

i wouldnt leave it in there and just hope for the best, summer was tricky this year glad i sold, it would have eaten all of the monthly divs and then some

Stocks for the Long Run from Jeremy Siegel

Does this only apply the USA? I'm Dutch, so...

@carultch

3 жыл бұрын

There are European Union equivalents of the NYSE and NASDAQ, which are Euronet and NASDAQ Nordic, which would also have stocks, bonds, index funds, and mutual funds, just like the NYSE and NASDAQ in the USA. There are also ways you can invest in foreign stocks and funds from within the USA, so I would expect you could do the same if you lived in the European Union as well, thus investing in US stocks and funds as foreign investments from the EU.

How do I physically do this? I know what a mutual fund is, but how do I get my money out of my regular bank account and in to one without having to hire someone that i’ll have to pay a commission?

@carultch

3 жыл бұрын

You need to find a brokerage company, and open an account. Like Charles Schwab or TD Ameritrade. Just as when you open a bank account, you'll need to make a stater deposit. You'll also want to set up a link to your bank account, so you can periodically add money. Your money will initially be in the cash section of your brokerage account, and you need to research and select a mutual fund into which to buy. Stocks and ETFs are updated throughout the trading day, and you can place market orders based on the current price, and limit orders where the software will follow the market price and place the order when it meets the limit you set. Mutual funds by contrast, can only take market orders, whose price is only reported at the end of the trading day, and where the order can only be executed at the end of the trading day.

I know Dave loves mutual funds. But I have a question about index funds. Should you spread risk by investing lets say 25% of your investment money in 4 different index funds, or just invest in 1. I know there is divergence in some index funds

@adamrickman2461

6 жыл бұрын

What I do is 60% of a 500 index and 20% small-cap index and 20% in international index

@Riffman42

6 жыл бұрын

All that you need is one. VTSAX, Vanguard's Total Stock.

@TheRosswise

6 жыл бұрын

There really are no wrong answers to this question. The main thing is invest according to how much risk you want to take. I personally prefer getting the highest return I can at the lowest risk. My approach would be too conservative for some, but I sleep very well at night.

@MRAROCKERDUDE

6 жыл бұрын

Ok, I have another question. Since ETFs can be traded like stocks. They can be bought and sold, is the price of the ETF affected when it itself is bought/sold rather than just the underlying stock prices that it holds inside the ETF

@MRAROCKERDUDE

6 жыл бұрын

That sounds like a method I would prefer. I'm going to look into it but are there classes of ETFs like Dave recommends such as growth, growth & income, aggressive growth and international? For example, I have an S&P 500 ETF. Would this be the equivalent of growth & income? And if so, what would be the equivelant of the other three. I'm guessing obviously international index = international and would a small-cap index be considered growth?

My cousin and I are going to be investing. My sister may or may not be in she has 36 usable dollars and no job (of the 3 of us I'm the only legal adult and my sister is the youngest) we've decided to help each other out I'm the money person and I need to educate myself. Edit: my cousin is now also a legal adult

@justinc2633

3 жыл бұрын

$36? did i read that right?