Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my 18k portfolio. I want to include some AI stocks. I'm curious what the best strategies during this period are. I'm also thinking real estate.

@cloudyblaze7916

5 күн бұрын

Doesn't matter if it's ETFs or you want to buy your own stocks. What's important is that you reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.

@gregorywhem

5 күн бұрын

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their 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 six figure returns for me over the years.

@ericmendels

5 күн бұрын

This sounds amazing. Any chance you could refer me to who you work with? I'll really appreciate.

@gregorywhem

5 күн бұрын

I'm hesitant to make recommendations like this online so I can't drop her contact here, but you could look her up yourself and contact her if you wish. Her name is Sharon Lynne Hart.

@FeelMyTruth

5 күн бұрын

Thank you for this. I'll check her out, and I hope I'm able to make something out of it.

Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?

@Otmangrey

2 ай бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

@SheilaAnnerego

2 ай бұрын

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

@catherinerea3569

2 ай бұрын

Svetlana Sarkisian Chowdhury 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..

@RomeoSfait

2 ай бұрын

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

getting your first six figures is a big deal.... Congratulations !!!

@multistack1502

3 жыл бұрын

Spammer and most hated

@maleekallen3604

2 жыл бұрын

Just made my first six figures this weekend

@maleekallen3604

2 жыл бұрын

And it is a amazing feeling I couldn’t breathe and it was all from sports betting

If you want to be a millionaire, have the mindset of the rich, spend less and invest efficiently with guidance. more don't give up your dreams, I pray that whoever likes and reads this will be successful. Let's hustle to financial independence!

@edensisters9453

3 жыл бұрын

I have made quite a stride investing on my own but I am aware of the benefits of consulting with a professional but haven't found one that knows what he is doing. Do you know any?

@elizabethantonaccio3835

3 жыл бұрын

@@edensisters9453 My coach is Lisa Jill Grenell and you can reach her online, just search her, her info are on the internet.

@amiracentenososa3847

3 жыл бұрын

@@elizabethantonaccio3835 Oh wow😮… This is incredible. I listen to her podcasts sometimes and I have learnt lots of strategies thereso, what is the experience like?

@elizabethantonaccio3835

3 жыл бұрын

@@amiracentenososa3847 can’t disclose too much , but yea I’ve been using a coach since November 2020, growing my portfolio from $175k to $600k approx. It is pretty straightforward, not as complicated as it used to be.

@robp8108

3 ай бұрын

Let’s eat!

Good for them. Paid off home, contributing to retirement fund and college fund for the kids, plenty in savings to erase their debt, ready to just build up that best egg. 120k household income isn't that high for San Diego, they're being careful.

I’m eating rice and beans watching this. I’m on my way!

@garrett2230

3 жыл бұрын

Lol I was just eating green beans, baked beans, and left over steak.

@BK-ks2sf

3 жыл бұрын

You're gonna spend all the money you save on health problems in 40 years

@KiatheGymRat

3 жыл бұрын

Just eat normal food like any other human being

@KingDrub

2 жыл бұрын

And torillas huh? I found a mexican!!! Alert! Alert! Jk

@karlaurquidi7973

Жыл бұрын

@@BK-ks2sf beans are healthy

All my debt was paid off and I genuinely had no idea what to do with my money. I was so used to "end of the month to the end of the day" with my money, I was just weirded out with seeing around double my netto salary in the bank. This call makes very much sense.

On $120k a year in San Diego I would have liked to have known where she got the $100k in cash from and how did they pay off their home.

@luisvargas1520

3 жыл бұрын

Exactly!!

@betterhomesnc2437

3 жыл бұрын

Probably had roomates and put that to paying it down.

@chocolatte8301

3 жыл бұрын

They might live below their means. Me and my husband do NOT live in Cali however we live at about 60% of our income and after we are done paying off debt we will be able to save the rest. That means we could save over $40k a year. Over several years 100k savings is certainly possible.

@dcamnc1

3 жыл бұрын

It does feel like they were given it, not that there's anything wrong with that.

@Jakev62

3 жыл бұрын

Definatey some form of inheritance

Kudos to her for being like "I have a ton of money, what do I do?" It's never a bad idea to get some expert advice to get a good idea of what to do with it

$24k is a year's worth of expenses for me. For that, I'm glad!

@TheReapersSon

3 жыл бұрын

Right??? Live simple and have a high ceiling

@betterhomesnc2437

3 жыл бұрын

About the same here.

@rainacherienne1010

Жыл бұрын

Same.

@lueyR

10 ай бұрын

I spend 20,000 in flights to get to work

@regularyt-pz4ki

2 ай бұрын

2k for me

Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 15 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

@McElvinn

Жыл бұрын

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.

@corrySledd

Жыл бұрын

@@McElvinn I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.

@AUstinnesc

Жыл бұрын

@@corrySledd I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

@corrySledd

Жыл бұрын

@@AUstinnesc My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.

@AUstinnesc

Жыл бұрын

@@corrySledd Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

This kind of information is EXACTLY!!! What I needed and had been looking for. This call is exactly my situation.

@numpty829

3 жыл бұрын

Awwwww poor you

@frankrodriguezit

3 жыл бұрын

Are u single?! 😹😸😻

@oo7blanca

3 жыл бұрын

@@frankrodriguezit no. I’m not

@procels

3 жыл бұрын

How did you get build wealth? I’m currently stuck, I admire individuals like you and willing to listen

@oo7blanca

3 жыл бұрын

@@procels real estate Sold my home.

This is a “problem” I would LOVE to have

Investing is putting money to get more money back from the asset later. Speculating is looking at what the price is doing regardless of the business.

@geraldvolkovfoley3479

3 жыл бұрын

Lately I've been considering setting up an investment account for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guidelines.

@carolinekellysarin3282

3 жыл бұрын

@@geraldvolkovfoley3479 if you want to be a millionaire, have the mindset of the rich, spend less and invest efficiently with guidance of an investment coach. more don't give up your dreams.

@teppertimmy1069

3 жыл бұрын

@@carolinekellysarin3282 I agree with this, Investment coaching sounds like a great idea, thought about it before but never knew how to go about it, Have you used a coach? what is the experience like?

@carolinekellysarin3282

3 жыл бұрын

@@teppertimmy1069 can’t disclose too much , but yea I’ve been using a coach since March 2020, growing my portfolio from $275k to $700k approx. It is pretty straightforward, not as complicated as it used to be.

@edensisters9453

3 жыл бұрын

@@carolinekellysarin3282 That’s impressive! How could someone go about getting investment guidance from a coach like that. Would you mind sharing your coach's Info?

A good mutual fund. Past performance does not guaranty future results... but long term good mutual funds grow. I have a mutual fund account that got lost. When found it was a mere $350. In 18 years it has grown to $5500. Just monitoring it and keeping track using it as a comparison to other investments. It's gone down a couple of times, but it has overall trended up.

With all of the current events, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.

@RickWatson-xu6gw

8 ай бұрын

With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds

@judynewsom1902

8 ай бұрын

Pls who is this coach that guides you? I’m in dire need of one

@RickWatson-xu6gw

8 ай бұрын

Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.

@sting_grayl

8 ай бұрын

I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks

Dave sounded so bored with this call, shaking my head. I miss the old Dave where he would be fired up with these kind of calls and he scream “you did it!!! “Come on Dave!

@kara2162

3 жыл бұрын

He seems over it. He should quit before he reallly hates his job.

@babatundeonabajo

3 жыл бұрын

To be fair, I would be too. Some people just call for approval. When it comes to questions like this, if you're serious about it, you go to a financial advisor who will give you tailored advice. Dave Ramsey is tailored for the general public.

@SC68170

3 жыл бұрын

Well, he's getting sued left and right ...so that is probably the reason, unfortunately, for him, there's nobody to blame but himself for the lawsuits unless he was just given bad advice by his lawyers which I highly doubt

@christianc7420

3 жыл бұрын

When you keep repeating the same script for every call for years, it gets old

@TimeisUp22

3 жыл бұрын

@@kara2162 He was gearing up for retiring a few years ago. That’s why they started bringing Rachel on the show at first. But Rachel couldn’t really keep the audience engaged by herself so that’s why we have all the other men on the show now. It’s a shame Chris left but I’m unsure why Dave hasn’t left yet. He was taking long vacations and touring at one point but now I’m unsure what’s next for this show. But Dave is def either bored or tired.

After going from broke High schooler to joining the military and making enough money, nothing has changed I’m still the same person I was a yr ago.

@gallatinwrestling6422

Жыл бұрын

Nice to hear

Kudos to her

It's a wonderfull guy to basically tell u that your 100k doesn't help you to built wealth,

Now that is how you ask a question on a nationally-syndicated radio show.

Wow congrats! My goal to reach 50 before my 24th birthday, but I'm short of 6gran. Plan to deliver a lot of pizzas this summer on weekends (lol not kidding) :)

@mikenelson8377

3 жыл бұрын

I think that’s great! Most people aren’t willing to do “side hustles” even if it means more money all because they wanna “relax.” That’s awesome you’re willing to grind it out 💪 Sorry but if someone is broke or in debt, there shouldn’t be any downtime. In fact, if someone is broke or in debt, their weekends should be the furthest thing from relaxing.

@SC68170

3 жыл бұрын

Howd u get to 44k delivering pizzas? Where else did your money come from? Just curious and maybe I can learn a thing or two

@Sophie3647s

3 жыл бұрын

@@SC68170 I work in a medical office but there is no over time, and barely weekend shifts, so need to pick up a side hustle else where

@Iamonepercent

3 жыл бұрын

@@Sophie3647s I just want to say congratulations.

I’m from Algeria (North Africa ) , Life is hard here especially as a middle class in this 3rd world country ,my father has around 350k dollars saved ,and despite the difficulty of our life he never thinks of investing that money or doing something with it but only relies on his normal average salary .. I wanna know what is the best way of using 350k dollars ?? Enlighten me please ?

$120k income and paid off house in San Diego? Something doesn't add up.

@Iamonepercent

3 жыл бұрын

San Diego is a broad general area with plenty of cheap areas that are undesirable. She could have bought back in 08-09 too, which would make more sense.

Im 37 with 125k saved and a 250k mortgage. No clue what to do w it

@DizzKidz

3 ай бұрын

Hopefully, it's at least in a high yield savings.

I welcome this problem into my life, what to do with $100k savings? 🤔 Great job and they discovered Dave this family will build wealth even faster👏🏾👏🏾👏🏾

How do I call in guys?

Well, pretty much anything other than letting it sit around would be better

Better find a good use for it before inflation dwindles that down to nothing

buy BTC, wonder daves thoughts on any crypto involvement. 10%?

What Dave should have said would be to enter in slowly over the next 12-24 months and if we have a crash, then buy in fast.

Deposit 100 k at 5.65% no risk high interest savings account and collec around 500$ amonth

Nice position to be in. Well done Adrianna.

Money doesn’t buy happiness, no money buys nothing.

@derekrank4572

3 жыл бұрын

i know some people are in such a broke desperate situation they are considering under the table illegal work...its pretty bad ..alot of people have no idea whats going on.

@blackworldtraveler3711

3 жыл бұрын

Money is just a tool for me. Money is everything.

@maxwelljoshua7804

3 жыл бұрын

Money can buy us happiness

@gilbertlynch959

3 жыл бұрын

@@maxwelljoshua7804 yes it does when you have something with you. When your broke you get upset but when money comes into your account you have this special smile

@betterhomesnc2437

3 жыл бұрын

That is easy for someone to say when they have never been poor.

Invest or leave it in saving as emergency fund.

when I was new to this show, I didn't ask stupid questions like this.

But she paid their house already.. that’s like 20 steps ahead.. What about if dont own a home and have the 100k in savings ?

You don't know what to do with the money? Pay off all debt and give the rest to me. I will take that burden away from you.😉

@MrMakemusicmike

3 жыл бұрын

Talk to em Mike!

@profraggle4737

3 жыл бұрын

Can I get some to please

@dogeatsthesun908

3 жыл бұрын

I like how you propose to pay debt first before giving the rest to you lol

What can I use to pay for a Dave Ramsey financial membership?

Is this an inheritance?

I know exactly what to do with it

Why mutual funds tho? I'm not paying anybody to put my money in their portfolio just for them to make bad calls which actually eats your gains (if any lol) in combination with high fees . I rather park my money into ETFs/pick my own securities

@jacobg8640

3 жыл бұрын

It's just outdated advice. He started investing back before ETFs were common and now has so much money from his show and real estate that he doesn't care about the fees.

@RebeenAmin1980

3 жыл бұрын

I agree, i don’t do mutual anything.

@tcgtpl

3 жыл бұрын

Most folks who call in are terrible with finances, so having someone guide them into investing would be welcome to most. Plus, I'm sure the Ramsey team gets paid by their Investor Pros for being on their website.

@annajones9701

3 жыл бұрын

Some mutual funds are far better, regardless of fees. Some have average 12-14% annual return after fees over 25 plus years. One fund I found had 15.6%

@tcgtpl

3 жыл бұрын

@@annajones9701 85+% of all mutual funds under perform compared to index funds, and the added fees compound on that under performance. Investing in mutual funds is still a good idea, but index funds as a whole are better. You do you, as the saying goes. Personally, I do both, mainly because I just learned about index funds and I'm too lazy/hesitant to move my mutual fund $ into index funds.

Why Ramsey always recommend investing in Mutual Fund , we pay heavy MER on mutual funds an Fees why Consistency paid Dividend stocks not in his recommended list

Me: send it my account. The number is 123*****. 🤷🏾‍♂️🤣🤣

Invest in an index fund

@amgooder

2 ай бұрын

Dave prefers mutual funds 😂 he gets a comission.

What are mutual funds and how to invest in them?

Put it into ADA.

Ok if I had 100k I would definitively invest 😂

money wont buy you happiness but it will buy you a boat to sail ride up next to it.

You can double it if you put it on red.

@annajones9701

3 жыл бұрын

Obviously black

@nadia4999

3 жыл бұрын

From her hand to mine and she'd sleep better at night.

@tubenachos

Жыл бұрын

Put it on penny slots 🤑

@rainacherienne1010

Жыл бұрын

Wrong. Triple.

Put it on tom brady

I'm confused. Did he estimate 25k savings for 3-6 month of expenses? I know it's an estimate but isn't that extremely high?

@badbeatbilly8997

3 жыл бұрын

Not in San Diego

@TheLoopmeister

3 жыл бұрын

@@badbeatbilly8997 paid for house...

@TopFlightSecurity415

2 жыл бұрын

it is, 10-15 k is more than enough to emergency fund

@josephdelledonne2098

Жыл бұрын

that's what I said; but I think he wasn't really thinking, just throwing out a number.

I wanna be lost in $100K🥺😩

@stefanossmitty3318

3 жыл бұрын

I won’t be greedy. I’d be happy with $1000 🤣

@wetwilly420

3 жыл бұрын

So quit talking about it and do it.

It’s Saturday!

@inertiaforce7846

3 жыл бұрын

Lol

What doesn't make sense about wealth, when you die you can't take it with you it becomes worthless for you.

A Good Quote, Talk less, do more.

You grow that money

Leverage some debt and buy rentals. 100k is a great start to begin investing in Real Estate. As the years go by, leverage more debt with the money you have in equity and create a decent sized portfolio.

This call was just to flex lol

@emmarose6590

3 жыл бұрын

No.

@nadia4999

3 жыл бұрын

Bingo.

Suffering from success

Yolo is on Tesla calls

I swear people are clueless with or without money smh

@Thegoodlife4me

3 жыл бұрын

Clueless and slow 😑

@gardenofe12

3 жыл бұрын

Sad but true !! It’s not rocket science !!

Yep pay off the car, get your emergency fund, fully fund kids college, and invest more/spend more/give more with whatever is left.

What's wrong with out of state real estate investing?

@annajones9701

3 жыл бұрын

Exactly. Invested anywhere in US or globally with management team.

Best way to build wealth is by subscribing to Dave Ramsey

I want to put 100k in hysa to buy an air conditioner

All good. But actually, Dave missed part of baby step 7... Do something fun!

What about starting a business with the $63k?

$100,000. In California, it is milk money. It won't last long b 4 gone.

low key flex

@nadia4999

3 жыл бұрын

That's all that was. House paid for, and household income is about 120K and you have 100K saved. Please miss me with your fake problems or worries. LOL.

If she has a $12K car loan, she's only got $88K saved. Uh... DUH!

@clarifyingquestions

3 жыл бұрын

Point taken but she does have 120k household income, 6 k emergency fund, college accounts, paid off house - you are correct only 88k and not 100k. feel better:)

Sounds stupid that you think your lost at having hundred thousands dollars. I mean come on. Save it and leave it for your children.

You can send them to me I know what to do with em

I need this stress..

@nadia4999

3 жыл бұрын

It's not worth it. LOL. She would probably run in traffic if she experienced or switched places with you. Don't ever want someone else's life. It is never what it seems.

How did I get here

I made 140 K this weekend from sports betting and it is the best feeling ever however I feel just like her idk what to do

@13kkngs

2 жыл бұрын

stocks or real estate

@patpat6719

Жыл бұрын

not easy man. I have the same issue.

Vegas Baby!!!!

She has enough to buy A CANDY BAR in CA now!! Lol !!

Wished they would have asked her more questions with this caller. It’s not adding up.

@lmnophdz5174

3 жыл бұрын

Exactly, I had a hard time believing her!

@nadia4999

3 жыл бұрын

It added up very well. She just wanted to call in to hear herself talk. No problem here guys. Move along.

Good problem to have.

Mutual funds aren't going to grow your money fast enough. He should recommend starting a business to create tax write offs.

wow I wouldn't let my money sit around like that. I don't do more than $35K in cash sitting around. I don't even call it emergency fund, I don't expect emergency to happen. I believe God have prep a good future, emergency came from fear.

@NoahLinebarrier

3 жыл бұрын

Proverbs 21:20 In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.

@fireeye33

3 жыл бұрын

@@NoahLinebarrier yea and I have been extremely wise being debt free, having multiple buckets of investments, properties, making six figures, have plenty of extra cash in my savings. What are you trying to say?

Yolo it ya fummy! 100k becomes 10k in the future.

Wow, congrats to that lady! Saving up to $100k isn't an easy thing to do, especially since she has two kids! I'd take out $20k and put that into Stocks and Crypto's. I'd still be working full time if I was her, considering that $100k isn't enough to retire on these day. At least that's living financially independently.

I don’t know what you are gonna do. But I do know, that don’t listen to this old man.

For some reasons 100 k doesnt sound like a lot of money. These days it is like 10k.

Maybe that is a question she should ask "Chy-na."

I’d rather consider Bitcoin than stocks, not a financial advice tho, research and compare yourself to see what’s the most outperforming asset

Pretty much you can’t do a thing with that money 😮 damn

college funds? it's 2024 college is a joke

Why mutual funds? Index Funds are superior and have been proven.

I honestly don’t see how saving 100k is amazing when their income is 120k what the fawk that is insane money. It would take me 10 years to have even earnt that, assuming that I didn’t spend any of it on food or rent, honestly not sure if these video r real

@georgeslupski5987

6 ай бұрын

120k in San Diego is nothing great, between 2 people?

Why do I not believe her?

@vicepresidentmikepence889

3 жыл бұрын

Because you're jealous

@sfgox10

3 жыл бұрын

@@vicepresidentmikepence889 maybe. Or because she owes 12k on a car and sounds 23. Why would you owe on a car with 100k in liquidity?

@Sable1837

3 жыл бұрын

I’m guessing a windfall/inheritance she didn’t mention. I do not believe they paid for their SD home on 120k with two kids and saved 100g plus other savings accounts. If they’re that good with their own money, she wouldn’t be calling nor would she owe 12g on a car. In any case, good or them!

@Sable1837

3 жыл бұрын

@Johnny Five Yep. I live in CA. Prices are brutal in that area.

@johnschmidt6431

3 жыл бұрын

What's up Meat ???

Money doesn’t buy happiness well neither is Being broke money money money money😂😂😂😂😅

Donate it to me!

Talk about a nice problem to have haha well done 👍🏾

Umm is like telling dave. No I do not have additional savings in the bank.

Ya sure they have 100k in saving, paid for house in San Diego making $120k a year. Hogwash😂

The only one that says the money doesn’t buy happiness are the broke people ,money buys happiness I never see anybody that has money gram because he needs to be lights gas bills etc.😂😂😂

Wow these calls just amaze me sometimes!! She has $100k and has no idea 🤷‍♀️ what to do with it ??!! She still has $12k owing on her car !! Pay that off duh 🙄!! Like Dave says she needs an emergency fully funded which she doesn’t seem to have and the rest put to retirement or savings !! Duh 🙄 !! This is not rocket science people !!

@wewhoareabouttodiesaluteyo9303

3 жыл бұрын

If she has $100k in savings, she definitely has some sort of emergency fund. Unless her monthly burn rate is like $99999 per month....

@superblump87

3 жыл бұрын

What is the difference between retirement and savings?