Student Loan Debt in America: How We Got Here + How We Get Out
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@darrenruben2981
10 ай бұрын
Thanks big g
@angelamc3532
9 ай бұрын
So I do have school loan debt, i am a Nurse and have been paying on them for over 20years!! Also, How do I protect my home that is paid off, If and when thigs go South fast, Govt. shut down etc... are there things i can do on my end to keep my home so it cannot be taken
@lauraitanyi8911
7 ай бұрын
Hi Dave, thank you for all you do. So empowering. I just went to get the everydollar app and sadly found its not available for Canada residents. How can you make the budget app available in Canada please?
Paid off my loans yesterday !!🎉🎉
@Blueman2018
10 ай бұрын
Congratulations
@TheSoulCrisis
10 ай бұрын
Grats!!
@gregmoore2875
10 ай бұрын
God bless you! Congratulations!!!!
@jessieh5183
9 ай бұрын
Thank you! It's a relief 😌
@lyfewithdj2258
9 ай бұрын
Congratulations!🎉🎉💜💜
As an international student, I was never eligible for a loan. It was probably a blessing in disguise!
@smoothmicha7171
10 ай бұрын
Yes sir
@strangerdanger8462
10 ай бұрын
Oh for sure.
I paid off my student loans during the pause, zero interest! Jade was fantastic in this show, such a great addition the Ramsey team.
@margie909
10 ай бұрын
She did great!
@marinavelaz
10 ай бұрын
Way to go! I paid off a third of mine!
@JJ-jn7ei
10 ай бұрын
Yes! So did I! Wasn’t it strange how they auto stopped everyone’s auto pay during the pandemic. I didn’t know for a couple of months and freaked out. I logged in to see why the heck my loan payment stopped. That’s when I learned the loan was interest free. Took total advantage-thought every one else was doing the same!
@LG-zy9dp
10 ай бұрын
Same but I found out a year later I was pissed off could’ve paid extra. But when I found out I sent all those missed payments. 1/3 paid off so happy. Goal to pay off in 9-12 months. 🙌🏽😎
@JJ-jn7ei
10 ай бұрын
I feel like the interest free part was a bit hush hush. Again, found it odd they stopped all auto payments
Free webinar, free apps, free help, easily accessible. What I love about Dave is there aren’t any tricks or hooks. No “subscription” - just plain and direct advice, it’s one of the reasons why I trust the Ramsey Team. These guys actually want people to be free and at peace with their finances. Thank you Dave!
@mmp495
10 ай бұрын
His show has been my education. ❤
@arh1234
10 ай бұрын
Well, technically you can be a member at Ramsey+, but truly, all the content is available for free. Ramsey+ just makes it a little slicker.
Out of student loan debt but I had to watch this Keep doing what you do, Dave.
I love Jade’s energy! I Dropped $5500 on my $15k balance before interest started again.
@Wilky2526
10 ай бұрын
Beautiful - that's such an empowering feeling; Keep it going! I finally paid mine off last year (11 years of sacrifice), and I paid off my car loan this year. Now I'm saving up for the down payment on my next car - The debt on my home is the only debt I will accept going forward. You got this girl!
@pep590
10 ай бұрын
Way to go! Great job!
No joke. I am an HR manager. I actually hired someone with a Puppetry Degree from the now defunct Arts Institute. I thought she was joking when she told me what her degree was in. She has like almost $70k in student debt. I was at a loss for words.
@Vivtmbs1
5 ай бұрын
🤣🤣🤣
I finally get to say this. I paid off one of my student loans!! I have been sucking it up and renting a room in order to do this. I have three more to go and I will get there. 🙂
@Hpe4ch
6 ай бұрын
Good luck
Jade has an amazing story! She’s giving hope to a lot of people that it’s possible to pay off their debt. ❤
@TopVillain
10 ай бұрын
Yes a story
Jade’s story is inspirational and she is an excellent role model and communicator.
I dont even have srudent loan debt but decided to watch this because we ALL need the motivation this provides.
love this!! Not from the US and dont have any debt but this is absolutely gold!!
Ever since I started watching the Ramsey Show my finances have improved & I paid off my Student Loan Debt 5 Days before the interest Restarted… With the guidance of this show I am living with peace & purposes & not just existing day by day. ❤❤❤
@gm2407
10 ай бұрын
That must have been a massive relief to clear that knowing that with no payments interest would be building it up. You made the right decision.
@LG-zy9dp
10 ай бұрын
Same…I actually felt sick to my stomach and had an urgency to pay them off. Only thing left is the student loan.
"The white house will not clear up this mess....your house will clean it up" i love it
@traviselrod7803
10 ай бұрын
The government sucks at everything
@mmp495
10 ай бұрын
💯
Yeah, I didn’t believe the government would pay for my student loans, and I sure as heck wasn’t gonna rely on them. During the pause, it wouldn’t even allow me to make payments even if I wanted to, so I saved and once it resumed I put all that money I saved towards it. I’m way ahead on payments just from doing that, but I REFUSE to still be in debt this time next year. I won’t have it! Thankful to you, Dave, and your whole team! 👏🏾👏🏾 I’ll be signing up for my debt free scream early of next year 🤞🏾
Jade has quickly become my favorite Ramsey personality!
I was one of the poor saps that paid student loans for 20+ years (by income driven repayment) and they were forgiven...that being said I paid so much in interest in that 20 years, interest was two times more than my initial bill...waiting for someone else to help doesn't save you.
@evardmuts
10 ай бұрын
I noticed that when you sign up for IDR it shows you, you pay more than what you owe and forgiven less than what you owe in those 20 years We always so focused on minimum monthly payments we forget to check other facts. No Such Thing As Free Lunch.
Been busting it out the last 3 years to pay off 30,000 of student loans. As of September 1, I had 8000 left. They charged me 10 dollars interest in 10 days. I had enough and drained my account to pay it off!! Thanks to Dave and team and all the podcasts teaching me how to do this!!!
@ST-rj8iu
10 ай бұрын
the reality is most people just need to do what you did. Pay off huge chunks. Any additional money needs to go to the debt. No vacations, no new car, only pay loans! It will be over in a couple years for a huge chunk of people.
@jennifermickelson2297
10 ай бұрын
But it took me years of paying mainly interest, which I had no idea so little would go to principle. Until you realize this you don't know what it really takes to pay it off.
Never had any student loans, it's not even a thing in my country but this applies to all types of debt.
Paid off over 100k utilizing the debt snowball. It changed my life for the better in so many ways. It's 1000% worth it. There is no question I would do it again if I found myself in someone else's situation.
Threw as much as I could at my loans during the pause. Less than half of what I had in student loan debt at the beginning of 2020 left to pay off, used the snowball method. Just found your videos recently and they’re helping me SO much. Thanks!
I was paycheck to paycheck worrying if I get fired today how screwed I’ll be…. I’d pay off 68k of debt took me about two years and I wasn’t perfect but I’d never gave up. I owed alot of thanks to Dave for the motivation I needed when I wanted to quit. Now I’m not worrying about my next check… or if I get fired, I have 2 years worth of emergency fund. Lived below your means are you’ll truly be happy 😊
@pep590
10 ай бұрын
Way to go! Great job!
@es__music
10 ай бұрын
68K in 2 years? Either you live with your parents or you make 130k a year minimum. Congrats though.
@laylow9o965
10 ай бұрын
@@pep590 thank you
@laylow9o965
10 ай бұрын
@@es__music dang you guess it!!! I live with my parents but I still pay 1k for rent and I’ve made 154k last year I’m a OTR truck driver from California.
@laylow9o965
10 ай бұрын
@@es__music thank you!
This is the best thing they could have done for the people who have Student Loan Debt. Start from the beginning and make a plan. Might take awhile but it's time to take control of our own responsibilities! Thank you to Dave, Jade and Rachel so glad you guys are on our side!
There is no financial education in this country so how do you expect 18 year olds to understand things like compound interests, capitalization, inflation, wage growth, time value of money, and demand for their particular degree after graduation to be able to accurately calculate their chance of being able to pay back their loans? Most people's parents aren't even financially literate and we as a country push college as the something every teenager should aspire to. Then we're surprised when we're in a student loan crisis.
@Rashaadthegr8
10 ай бұрын
There it is called KZread and Dave Ramsey has an online school course less than a pair of shoes.
@dj.1094
10 ай бұрын
@@Rashaadthegr8but that is for students now, what about ppl who have graduated 10 years ago. Information wasn’t readily available back then and those are the students struggling. I know plenty of ppl that graduated with me that had no idea what they were going to do once they had to start paying loans back. And these were ppl with business degrees. I am fortunate that i had parents with a finance background that could explain what the real cost is when taking out loans. Thank goodness I am almost free from this!
@Rashaadthegr8
10 ай бұрын
@@dj.1094 Dave Ramsey has been doing it for 30 years with his Radio show. The total money makeover has been out since 2003. His foundation course for high schoolers has been out for several years. Nice try. lol. NO EXCUSES! I don't want to go into business with anyone who can't do research or use KZread. Sounds like they wasted their time in school. You don't need to go to college for a business degree. There
@dj.1094
10 ай бұрын
@@Rashaadthegr8 ok.
@Rashaadthegr8
10 ай бұрын
@@dj.1094 OK.
A+ presentation! Great set, great optics, great transitions, excellent presentations by all 3. I have no need for any of this information, but i still found it very engaging. Well done Dave, Rachel, Jade, and crew!
@rnt45t1
10 ай бұрын
"I have no need for any of this information" - his entire audience now. If you're watching Dave and still in student loan debt after three years of a pause, you're a loser.
@Nisa-gm5wg
10 ай бұрын
Pass the information on to others to help them. I watch so I can educate others. I’ve been completely debt free (house too) since March 2020 and it’s because of Dave and his other personalities (Anthony O’Neal, Chris hogan and kristie- they’re gone but we’re great as well and Rachel too)
I paid off mine last March. I did not stop paying before, during, and after the pandemic. I want to change my family tree. I want to set myself up for success. I want my future self to thank me. I owe it to myself to make things right. Its never too late to do the right thing for your life. Because at the end of the day, the only person who will look out for you is you.
That’s amazing her and her husband were able to tackle that much debt! How brave!
@anubisgod23
10 ай бұрын
Nothing about that is bravery lol
Jade is such a powerhouse woah!!! Motivational For real 🥳🥳🥳
Dave is the best. I kept hearing about his free live stream to help us handle student debt. Then he’s selling his program near the end. Ramsey is the greatest ever salesman. No wonder he’s worth millions and millions.
The forgiveness program was false hope. Im reading your book and watching your videos on KZread. I have my plan and I will attack my loans.
@RetroGamer20109
10 ай бұрын
Forgiveness programs are not a joke. They do work. They just had problems. Many of those problems are fixed now. I wish people would stop calling forgiveness programs scams or false hopes.
@republicunited2183
4 ай бұрын
Vote buying! You take debt, you own it!
I don't even have student loan debt, I just love watching you guys 😂
@peekabooicancu
6 ай бұрын
I'm not American and have no student loans either but still getting good advice 😂
Jade is a great story of discipline and perseverence
Thank you for this…I feel the fear…we have 92K in student loans between my spouse loans and mine…no other debt but the house and trying to find out how we can do this before our son goes to college in 4 years. My freedom and forgiveness comes from Christ and He wants us to be free out of debt and to forgive ourselves and do something that helps us to achieve this.
I don't even have student debt, but I enjoy so much all the info.
@txgirlaustin8432
10 ай бұрын
Yeah, me too😊. I dis go to school, but I got grants & scholarships!!
I paid off my 40k Student Loan in 2 years 🎉🙌🏼😁
No more Whole Foods or Trader Joes, but its worth the sacrifice! I have been food shopping at Walmart and Aldi’s and my grocery bill went down 30% 😊
@Brucefulness
10 ай бұрын
We almost exclusively shop at Aldi (95%) and our grocery bill per month is still around $1000. 4 kids and almost exclusively eating at home runs that line up A LOT! Also very stripped down too. No processed crap. Homemade meals.
@Sophie3647s
10 ай бұрын
@@Brucefulnesswow 4 kids what do u do for living
@dj.1094
10 ай бұрын
@@Brucefulness its a struggle to buy food no matter where you go, prices have increased so much I dont know where i can cut back anymore!
Thank you so much Dave & Team!! 💜💜💜
Hallelujah! Im done with student loan debt! You can do it too.
@pep590
10 ай бұрын
Good for you!
@txgirlaustin8432
10 ай бұрын
Congrats!!! It shows that u are a very responsible person😊
My son (just turned 19) graduated HS and started with community college (2 years tuition free in cali). I was worried about him "missing out on the college experience ". He said "I dont want loans". His argument wins. I'm an immigrant, came to US as an adult with no English. So had a long road. Graduated from community college as an RN, got my BSN while working without taking loans. Currently getting masters and paying as I go, no loans. There are different ways to do it besides the traditional "go to college, take out loans ".
It went by fast. Thank you for cheering us on.
Watching this special episode of the ramsey show makes me even more blessed that i myself dont have anymore student loan debt. And pretty much i can move on from that crazy chapter if my past life. If i can do it so can you all do the very same. Pay off your debts. You build a character inside of u that u never knew u could become. And u for sure will look at money a very different way.
Paid off Student loan debt last week. Been saving up since deferment.
I refused all parent plus loans. No regrets
2023-09-14 Starting today with $234,463 Debt ($194,206 Student Loan). Will update when paid off.
I am glad to say that September 2023 I officially gave Sallie Mae her walking papers. ❤🎉
This was excellent
Never had student debt myself. The Navy paid 75% of my tuition for my Bachelors and Master degrees. I am currently working a second job, making $500/week, so we can pay for our daughters college in cash. She lives at home and goes to community college for the first two years. That will be $10k + books. Year 3 and 4 will be at the local state college. It will be $12k a year plus books. I made our daughter get her drivers license at 17. She commutes to college 25 miles away twice a week. We bought her an $8k car. 2013 Nissan Altima with a salvage title due to hail damage. 32k miles and fully loaded. Runs like new. I am guessing with tuition and books we will pay less than $40k for a four year education. We are paying for college not the college experience. Now just imagine if our daughter had applied for scholarships. Please don't tell me that college can't be paid for in cash. You have to be creative and patient.
@WoodyJ98
10 ай бұрын
It’s crazy you have to do that just to get a baccelor’s degree. Around the world, all you have to do is have good grades. This is how the government keeps people serfs
@KP-hi1om
10 ай бұрын
@@WoodyJ98 no sir. It's called paying your dues and being responsible. As far as being a serf.... because of that degree we will be retiring in eight years as multimillionaires. Keep borrowing money, being under employed, complaining, and waiting for the government to solve your problems. Let me know how that works for you.
@WoodyJ98
10 ай бұрын
@@KP-hi1om how much time will you have to enjoy that million? I’m not saying that’s not a great feat, but most people will be 65-70 once they become millionaires. Work 40 to enjoy 10 (with poor health) seems like a bad deal. I get it’s the way it is and working hard is good, but doing it for someone else and giving up so much time for so little sucks. And not everyone is even talented enough to earn a high paycheck. Keeping expenses low is key
@KP-hi1om
10 ай бұрын
@@WoodyJ98 I see your point. However just imagine if your great grandfather had done what we are doing and passed down generational wealth and knowledge of finances. You'd been born a millionaire. Someone has to be the first one to set up the family. That's me!
@ensignmjs7058
10 ай бұрын
The taxpayers paid 75% of your tuition. You're welcome.
Great presentation!
Paid off my Parent Plus loan last night! $16,048 and some change!!! OMG I’m free!!! God is beyond good!
Awesome carisma from Jade :) Waiting for the day she gets her own show!! If John can manage his own show so can Jade.
I owed about 130k out of pharmacy school. Took a job that offered 100k cash towards student loans tax free. I can't wait to be out of student loans first week of October!
I don’t have student loan debt, but I appreciate them airing this support for the people who do!
Thank you for this podcast. It's just what I needed to get on top of my student loans & other debts!🙆🏾♀️💜
Jade your hair looks lovely
Go Jade! Thank you for sharing your testimony
💜 This was awesome! So many nuggets! I'm sharing! Thank you! 💜
God Bless Dave. Thank you
I love this! thank you to all the Dave Ramsey people!
Many people are still receiving forgiveness : teachers, law enforcement for example. PSLF.
I love watching you, Dave, and I appreciate your financial expertise. However, I guess I'm in the 1% because last month, I received student loan forgiveness under Biden's PSLF program. Thank you, Jesus!!💛🙌🏾 I"ve been so overwhelmed with emotions since I found out! I have been an educator for over 10 years and am so grateful to be debt free. There are so many others like me. It's not a joke.🎊
@RadioRahimG
10 ай бұрын
It used to be 1 percent it’s fixed now
@RetroGamer20109
10 ай бұрын
PLSF is being fixed now. The numbers he used are old numbers. Without providing the proper context for his statistic, he sounds like he is bashing the program for his benefit.
@KP-hi1om
10 ай бұрын
I am an HR manager for the state. I have been signing off on those PLSF form for our employees for years. I do know a few folks whose loans were forgiven. But not enough to give the PLSF folks praise.
@kathleenbradley6383
10 ай бұрын
As of 8/2023…804,000 student loans were forgiven equaling $39 billion of debt relief. Shame on Dave Ramsey for speaking in hyperbole and making it sound like President Biden didn’t come through on multi-levels for those with student loan debt. Freaking people out by saying they’ll need to work 5 jobs by October to start paying their debt back. Why not mention Biden’s S.A.V.E. Program, which will allow repayment based on how much you claim you earn on your taxes? Word has it, under SAVE - Most students will be paying 1/2 what they had to pay under Trump. Some who make less than $32,00/year will be asked to pay $0.00/month. Also Under the SAVE Program, interest can not compound. So don’t panic. As of August, 2023 Everyone The 10k-20k loan forgiveness program got torpedoed due to anti-lower and middle class Republican politics, Big Student loan lenders like Mohela, and the Republican conservative Supreme Court. Dave forgets to mention this. Shame on Dave and his right wing conservative politics. Stop the hysteria for click bait.
@amireallythatgrumpy6508
10 ай бұрын
It's still broken. It will never reach 50%.@@RadioRahimG
Great video, absolutely loved it!! 🎉
Just paid off almost $18,000 off before September 1. 🙌🏻 Took advantage of 0% interest with COVID
This segment is very inspiring which has in a better head space!!! I am gearing to get started on my debt free student loan debt!!!! It’s in the latter 20 thousands!!! I am ready to get started!!!
Jade is awesome! So fired up!
I regret continuing onto University when I could've done community college with more skills.
You guys rocked!! 👏👏👏 So encouraged here from the 🇵🇭
Such good info from ppl who have been there. ❤
Still having a hard time understanding the issue with the save plan
@alishavogel7926
10 ай бұрын
Short answer, negative amortization. You end up accruing more debt even though you consistently pay. I have no idea why it's even legal because it's illegal on normal mortgages as that came after the 07/08 crash. In other words, do you want to pay a consistent amount every month and show nothing for it after 5 or 10 years?
@DrJack144
10 ай бұрын
Because you’re just delaying paying off the debt. It’s bad for mental health & otherwise to stay in debt
@BigJayPodcast
10 ай бұрын
@@DrJack144 relax that wasn’t necessary
@DrJack144
10 ай бұрын
@@BigJayPodcast they said it in here. Dr Delony has also said it. Wasn’t coming from me.
@beyoutifullynatural9451
10 ай бұрын
I have the $0 repayment. I still plan on paying tho. I called my servicer to get an understanding on the interest and to see if I’d be penalized for paying on the $0 payment plan. So if you use that to benefit your budget then you can stay on top of your interest. Still work it into the debt snowball. I think it’s only bad if you don’t pay anything more than just the interest. Make sure you’re paying down on the principal too
Greetings from the UK 🇬🇧 jade you are an inspiration ❤
God bless everyone on this video, you guys are awesome! 😊
Going to pay off my student debt goal in 6 month working period next year
We got here because cost of education is ridiculous
@joshhoward1289
10 ай бұрын
And the government subsidized and guaranteed the loans allowing the schools to charge even more. So wrong! The schools have zero accountability. The government is knowingly putting people in debt to them.
@abepenner7497
10 ай бұрын
What if cost of education is ridiculous because of guaranteed funding for education?
I'm thankful that my wife and I started implementing the baby steps BEFORE her first day of school. I knocked out a third of the loan debt the very moment the student aid website had a login for her. We're going for that debts throat!
I just finished paying off my student loans last week!!!! 🎉💪🏻
Wow so good, thank you for making this presentation!!
Talking about beans and rice as if it's a bad thing... I just ate chili at a restaurant! 🤣
Thank you for sharing, We need to figurate how to pay ours!
Jade is on 🔥
I hope this helps ease inflation.
@evr0.904
10 ай бұрын
This is going to ruin the economy.
Yall got me tearing up at work at the end over here. Debt free screams do it every time. Lol
I should of just listen to Dave and paid off the debt. Now I hate myself for being disobedient.
Jade is one hell of a talent.
Don’t forget when you’re busy making plans. Life happens!
People need to pay for loans while they go through college. You lived for 4 years in a dorm. That is worth something along with the meal plan.
The look 👀 Rachel gave Dave when he incorrectly spelled Yrefy with a “w” the look of “that’s not right”!lol
The PSLF program was fixed last year. Many of those people waiting to be forgiven have been forgiven at this point. It's a legitimate plan for those who work in public service.
@RetroGamer20109
10 ай бұрын
I heard that too. The issue is that PSLF goes against the Ramsey model. Dave and his team will not likely ever see it as legitimate.
@arh1234
10 ай бұрын
One of the challenges is that some people are so committed to PSLF that they more than pay for the loans in lower income at a qualified job, when they could have paid it off faster earning more at a nonqualified job
@amireallythatgrumpy6508
10 ай бұрын
It was improved slightly but it's still broken.
Marvelous!!!
I got 💯 k in student 👩🎓 loan debt. 25k in credit card 💳 debt. 50K in car 🚘 debt. 10K in back taxes. I got back child support for my twin sons. I got Coochie debt of 300k. Jesus take the wheel!
Share Share Share with all of your friends and family struggling with debt! We used the baby steps and are now debt freeeee! 🎉 Thank you Ramsey Group!
Tax payers should never have to pay for people to learn to hate are country.
@amireallythatgrumpy6508
10 ай бұрын
Well they've certainly never had to pay for your education. Can't even string a sentence together. Clearly never made it past the fourth grade.
Only thing a disagree with is the 401K because 1st If your job is meeting is matching that instantly doubles your money, which you can take a loan from 401k on your student loans and have double the money to pay more (That’s what I did, I put in 5k in 401k. My job matched now total of 10k ….. Than asked for a loan paid on principle amount of SL) 2nd 401k lowers your yearly taxable income (more depending on your income bracket) 3rd Getting a additional gains from the fund it is invested in, now that the market is back up 🙌🏽
Dave. At minute 53 you say private student loans are dischargeable in bankruptcy... they are not after the 2005 bankruptcy reform act... older loans may be, but after that not so much
Love it
No offense, but rachel talking about this subject is laughable
If the mortage is also taxes and insurance, is that listed separate on every dollar or can it be on one line.
I know Dave don’t like using credit cards but I used a balance transfer and paid of a chunk on my student loans interest. Now just have to work hard and pay off that credit balance in 12 months before interest begins to accrue.
@SweetBabyRay248
10 ай бұрын
The money your using to pay off the credit card balance could of been used to pay down your student loan without the risk of a high interest credit card accruing if we’re not be able to pay it off in time. Plus the interest rate on student loans will 9/10 be less than a credit card
@jennifermickelson2297
10 ай бұрын
Be careful, I use to do this. That is how I ended up with 7 credit cards and 2 personal loans. You'll have too much balance right before the interest starts so you open another card ect.
@MrJimmy3459
10 ай бұрын
Hopefully nothing unexpected happens to you in those 12 months, CC interest rates are astronomically high!
@marymabe2448
10 ай бұрын
What about during that year something happens medically to you or someone or even some drastic circumstances, what will happen then. Stay away from credit cards it is not worth the hassle and aggravation.
@ykook7000
10 ай бұрын
Risky business
Bessel van der Kolk actually coined the term “body keeps the score.” I suspect Dr. Delony read his work. Excellent read on trauma.
I help in ministry at church Sunday school and midweek services and Bible studies…then I have our sons cadets and youth ministry (church is 30 minutes away) I feel like in what way can I side hustle? Do I stop church ministry so I can do the side hustles? And what do you do with having to pay the taxes for self employment. Plus when you file taxes…you need to pay more when filing taxes because of your side income…how do you plan for this?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg
@JamesAnderson-ox2ep
10 ай бұрын
That’s crazy, I’m just doing everything wrong with my portfolio.
@PhilSommer2
10 ай бұрын
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.
@KatherineAnderson-lm8bw
10 ай бұрын
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
@RyanContreras72
10 ай бұрын
Patience patience patience. It's a cycle.... a sucky point in the cycle, but a cycle nonetheless.
@blessingpaul5484
10 ай бұрын
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)