Dave Ramsey's Do's and Dont's of Investing
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- Опубликовано: 27 сен 2024
- Excerpt from This Past Weekend w/ Theo Von #498 | Dave Ramsey
Full Episode: • Dave Ramsey | This Pas...
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Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
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
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
Great video.... I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I’m just here for ideas
50% stock, 20% Bitcoin, 20% high yield CD/ bonds, 10% cash/ fully liquid stable asset
At a point like this, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
Agreed, I just use RUclips for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
*Marissa Lynn Babula is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Elisse Laparche Ewing 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
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Just research the name Annette Christine Conte . You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
S&P 500 and chill
ETF? Whats your your average cost?
@@McShibby10lol
JEPQ SPYI and chill
@@McShibby10referring to expense ratio its a measly .09%. Average cost is 500, just buy dollar amounts
I invest in the S&P500 for myself but I prefer the total stock market for my children’s investment accounts
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@Bestjudy001 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Lourd-Bab Oh please I’d love that. Thanks!.
@@Bestjudy001 Clementina Abate Russo is her name.
Lookup with her name on the webpage.
Dave gives really great practical advice for most people. That said, some of his opinions are stuck and in need nuance. If you’re new to the subject and don’t understand much about personal finance, Dave Ramsey is a great starting point.
I am fully invested in the Dave Ramsey plan. The beauty of his plan is the simplicity. Sometimes making things complicated by nuance does more harm than good. Like when people don’t pay off their home mortgage at 3% so that they can “invest” and make 8%. That’s just plain dumb. People that do that are not including inflation which makes them break even if they are lucky. Payoff all your debt AND the house, then go hard into investing. Theres a whole Ramsey plan called the baby steps. Everyone should look it up
Dave is a great starting point for most people that know nothing about finance. Once you get to a point, Dave’s recommendations may not be the best move.
Dave is kind of like a Boxing coach that coaches youth kids up until they hit a certain age and that boxer has to find a higher level coach to help him in the professional ranks
@@TheShowOff2I That's a great analogy.
@@TheShowOff2I - And there ain't nothing wrong with that.
@@smileychesskinda, because he preaches that he knows everything and his war is the only way
@@smileychessIt’s a little cultish tbh. I just saw a video of “what’s broke mean” and they’re talking about seeing a 40k car in front of an apartment as an example of what being broke means. Like, that’s an insane statement. They overdo it sometimes… or a lot of the time tbh.
Also the mutual fund thing is an issue, as they don’t outperform the market. Good passive funds and ETFs consistently outperform even the best mutual funds over time.
I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?
You might also follow a lots stocks across other industries. I'll advise you to work with a financial advisor who can assist you decide when is the best to buy and sell the shares or ETFs you want to acquire since you don't have to act on every forecast.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 this year.
that's a double up in two years! seeing a lot of news on the rally, investors will make tons of profit with the right picks. would you mind disclosing info of this person guiding you please? my problem is I do not trust my guts in today's mkt
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I listen very carefully to Dave's advice about bitcoin. The second he flips and turns bullish on bitcoin is when we should all dump it.
Cramer style. I like it 😂
Dump it for now, iykyk
lol he never will. He understands what it is. Bitcoin is used by scammers and used to buy illegal drugs/ weapons. Other than that it’s functionally a pump and dump scheme for influencers to keep making money.
God bless Dave Ramsey’s “baby steps.” I might drive a 12 year old car but I paid off my house this year and am debt free aside from taxes. I am 44 years old. Principal only payments as often as you can, as soon as you can.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
Having an investment advisor is the best way to go about the stock market right now. I used to depend on RUclips videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
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
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
The hardest part about investing is the mental aspect of it.
The best thing to do is take your ego/mind out of the equation and just automate and forget.
I would recommend setting up an auto/draw direct deposit from your paycheck every paycheck and set it to buy 60% VTI / 40% QQQ and set it to automatically rebalance once a year.
Don't even look at the statements until several years later on when you think you will start to retire and begin to spend the money.
Just act like the account does not exist and you will likely do far better than if you actively managed it.
Michael Saylor entered the chat
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Dave brought me from 125k in debt to somebody with no debt and that makes 200 grand a year, with a paid off house and vehicle. He’s obviously doing something right.
“Nobody bought Bitcoin thinking in 20 years it will be much more valuable,”
This is literally every bitcoiner. They all plan to hold it for decades, if not generations….and so far it’s working wayyyy better than stocks or mutual fund.
Only issue is when you sell, I have several friends who got in very early but when they tried to sell they couldn’t and some of them actually had all their bitcoin just disappear.
@@Mozzos😂 absolutely clueless
@@Mozzos Yeah its possible depends where they bought it the website/exchange might not be functional now or doesnt have the actual cash to pay them back and if they had usb wallets that are not working or they cant remember passwords.
@@Mozzosthey never heard of the self custody
@@Mozzos lol what. You can sell in secs
Dave has been wrong about Bitcoin for over 10 years.
Dave has been wrong about bitcoin for the past four crashes (and counting)!
EVERYONE has been wrong about Bitcoin for over 10 years.
Love the Rooms 2 Go line. 😂 5:41
Dave spits 100% logic
Dave has been the GOAT since early 90's. I would ride around during the day working listening to Dave on AM radio and I said, "This is my dad all over again".😆
Bitcoin can be used as a speculation tool or a saving tool. Depends on your time preference. The same for a home or gold.
Bitcoin is not a quick flip. It’s a new asset class, and 2024 is the year it is getting traction in mainstream financial institutions like Blackrock, Fidelity, and soon, JP Morgan. Trump says it could be a Federal Reserve holding too. Have a growth mindset and be curious.
I put in $1300 into BTC a couple years ago and just held onto it never pulling it out and it jumped to $2100 and I was able to replace my gaming pc because of it so I will never hate on BTC but people should just know what it is and do their research and I would recommend to not use it like the stock market buying and selling all the time, put in what you can and are willing to lose if shit hits the fan and hold onto it.
So how did you initially value BTC?
Paid my house off at 31 years old in 6 years! Was amazing
Nice work! 44 years old, 13 years.. Wish I knew then what I know now. No bills is sweet.
One of the best Duos iv ever seen. Love this a lot.
Theo on that gazelle intensity hitter
You're a natural, keep doing what you do
Immediately stopped watching when he said, "No one bought Bitcoin and thought 10-20 years ahead..." Has this guy never heard of the Winklevoss twins?
It’s called a “spec” house because it’s built to standard generic specifications, not because it’s speculative.
Thought the same thing when he said that lol
I thought the same thing, then I searched it. He is correct.
Wrong
I think you’re missing the point, it doesn’t literally mean that. What he is saying is they’re building it without a buyer typically and they’re speculating that someone is going to buy it.
Wrong chief, it's a spec house because it's speculative. Every single house is built to generic specifications i.e. code.
I invested 10k into VOO S&P 500 ETF initially when I was 25 years old and I invest $180 every Monday no matter what plus I reinvest the dividends I get paid every 3 months. At 35 years old I’m extremely happy with my simple approach to investing like uncle Warren Buffet suggested 👍🏼 If you’re a young guy my best advice is don’t feel insecure because any amount of money you can budget weekly or bi-weekly is a good amount 👍🏼
Is he right that “spec” building refers to speculation? I thought it means build to specification. For example in motor racing, a “spec series” is one where all the cars are the same instead of custom.
I ain't ever gonna stop investing in #amc #gme
It's not a fad mom! GME will always be the biggest thing!
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
Talking to an expert like Charlotte Miller to reshape your portfolio is a very smart move
I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
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
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
Great video! Hopefully it changes someone’s life like my families. If we can do it anyone can
Low key Dave drippy af
What is drippy?
Can someone please translate this zoomer nonsense?
it means he has a nice outfit lol
@@flowbrandz316it means he has a nice outfit
Love his show on the radio not the man I pictured by his voice alone love this
Dave Ramsey helped saved my life. I am now debt free and would MUCH rather have freedom than stuff. The borrower is slave to the lender.
Dave is wrong about crypto. It’s is a long term hold
You can always buy a leveraged s&p 500 etf or a QQQ etf and capitalize on that
This is the same guy that tells you GOLD is a bad investment! Gold is up more than everything else.
Bro Theo taking advice from a caveman 💀
Dave Ramsey is a millionaire with no debt. Your user name is dikwiti6ix
Bro had Dave Ramsey on omfg😭😭😭
Theo Von is awesome
look at where the markets were 5 years ago , 1 year ago. buy Dividend Kings , ETF's, REIT's for long term and you will do great
That is still speculation. Many ETF’s are no safer than stocks. Dividends does not equal a healthy business.
Bitcoin just keeps going up. Keep hating it.
I will, tks. I have more faith in the debauchery of the federal reserve then I do for the abilities of the miners, it’s just a matter of time until they declare bitcoin, to be an attempted coup that leads to mass arrest
If you invest in things just to make money you are putting bad in the world. Never separate your self from your money.
I definitely can’t say with 100% certainty, but it feels highly unlikely to me that contractors refer to a non-custom house as a “spec” home because it’s short for “speculation” and not “specification”. As in “This modular home was built to the same specs as all these other homes beside it”
He is not talking about a small contractor or a customer. He is taking about an investor who puts in money from there perspective spec means speculative. It is referred to as a speculation development not a specification investment.
Great guest for Theo!!!!
Two brilliant minds 🤪
Same deal with drug dealers... Get that money and then get robbed or go to prison or get strung out on your supply. We as a society are impatient and want to get what the next person has.
How do you even start? Do you guys register with a broker or an app or something like Etoro or Vanguard or what?
Dave Ramsey has fine advice for retirement-aged people, but it's not for everyone. Mutual funds pay high taxes and expense fees and I personally feel way more comfortable with ETFs
Index funds don't.
And there are some ETFs with high expense ratios too.
At least 90 percent of bitcoin holders are up, I buy bitcoin for the longterm and many others do. Its not a quick hit i have read books about it and somewhat understand it.
Bitcoin is a long term store of value, it's not a short term play.
Its not a store of value its something people say has value but nothing makes each one worth anything nothing stops it from falling to worthless
@@dobber43 Same with everything else if you think about it that way. Gold, Money, Property is based on ones confidence in an idea.
It's backed by computational power and the value of the cost of decryption. The first bad guy to make quantum decryption can collect the entire GDP of BTC. @@dobber43
It’s finite
He’s got it exactly backwards from my strategy.
His investing strategy worked in the past, not today
Agreed. Being debt free and using that money for long term investing just doesn't work. It's much better to rack up debt and give all your money to the banks.......let's make them rich!!
It's working fine for us.
Investing is borrowing at 12% to make 15%. If your looking to double your money it’s gambling
Dave must be losing his mind about Bitcoin ETFs lol.
"no one bought that and thought 'in 20 years this is gonna be brilliant'"
fuckin all i needed to hear to know this guy is full of shit. clearly made enough money to convince himself he must be smart and his ego ran with it.
You think he has never come across wild speculation using fancy names before.
Sooo are we talking about crypto scams or are we talking about the early stages of the best currency/store of value with a beautiful 4 year cycle to play…. This is the cringiest podcast, real bitcoin investors know what I’m saying
One day Bitcoin will be looked at as the best long term play. If you don’t think so, you haven’t learned enough. See you guys at 10M✌️
Until the rulers of the world say no more.
@@fabes326 do you really live in a bubble of hypotheticals your whole life? That’s literally impossible. Haven’t studied it enough
@@mitchmatch91 they got rid of the gold standard. China said no to BTC and made the digital yen. You sir live in a bubble and live in a fantasy world. All it take is the right people in office and they will put an end to it. Who controls the banks and Wall Street? Who controls corporate America? Wall Street. It’s not rocket science.
I disagree with Dave on #Bitcoin. Not all, but many people invest in #Bitcoin because they see the value in it. Michael Saylor is one of those people.
So how do you value it?
It's cute that he thinks someone earning $72k can save 15% of their pay like it's nothing, in today's economy.
The thing about crypto to remember is, always invest onlywhat your willing to lose. With that mentality, the long term hold of crypto, not BTC necessarily as there are millions of better options today, becomes a wise investment. Why? Because if you win, great, but if you don't, it doesn't matter. Besides, DEX farming is earning me over 300% APR every second of every day. I hold USDC mostly, 100% backed by Blackrock and the fed. Like I said, not all crypto is created equal. BTC is not a good choice. ETH has thousands of utility uses, DEX, Blackrock, JPMorgan and Goldfinch ect. BTC has nothing, no network. Just FOMO. I look forward to BTC losing dominance and a true world economy on chain.
If you are scared money and move your investments around too much you will be a losing investor 9/10
that's an antiquated approach. BTC is no flash in the pan sir, come back in 5 yrs and talk about it
Well, I'm back. 20 years later. The only thing that my Iraq Dinars gained is a nice layer of dust. #IYKYK
I lost money in crypto, yet I came back and made far more than I lost. All depends on if you learn from your mistakes and educate yourself or not.
What are you talking about Dave? Ive done very well with it. Store of value. In btc for the long term over decades. 123% roi
So how do you value it.
When I’m debt free and make my millions, there will be signs. I’ll be in the front yard getting suds-up in that bird bath.
It’s always funny when people who know nothing about Bitcoin and the rest of crypto and still have an opinion. If you lost big in crypto you did either did no research or didn’t understand what you did research. On the note of him saying people went into Bitcoin for short term is untrue people have been saying since the start it’s going to reach insane highs which it did on multiple occasions and now even black rock has a Bitcoin etf
hes so wrong about bitcoin. It is a long term play.
I feel like he missed the Roofs to Go joke lol
I'm pretty sure you can use a stoploss when trading options it's not all or nothing
VTI and enjoy your life!
The reasons he named for investing in the stock market long term can be applied to bitcoin too... dude has no clue about bitcoin
He was suggesting to invest in productive assets. Stocks and real estate are both that (productive assets).
Bitcoin is not a productive asset. Neither is gold. Neither is the Euro, Yen, or artwork. Not the US dollar. All of those are assets, but not productive assets.
Dave doesn't recommend investing in those either.
Where's my emu farm ???
2:40 😂
How does this trading stuff work? I'm really interested but I just don't know how to go about it. I heard people really make it huge trading
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided
by a widely known crypto consultant
She is Mrs Mary Gail Benner
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional
but it's very advisable you make use of a professional
Isn't she the same Mrs Mary Gail Benner that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
~Mrs Mary Gail was my hope during the bear summer "' last year. I did so many mistakes but also learnt so much from it , and of course from Mary Gail Benner.
She is my number one when it comes to crypto and TA.
If you’re talking long play then BTC is one of them
wow, you guys know nothing about bitcoin.
Average doomer in its natural habitat. Poor Theo needs to get some smarter guests 💀
Nobody I know buys bitcoin for the short term anymore. This dudes delusional
Bitcoin hasnt been out long enough for the type of longterm hes referring to were talking retirement type investing as in for 30+ years itll sit in an account maturing
@@dobber43it's been out 12 years and currently anyone who ever bought it and didn't sell is most likely in profit
@@20pierre06 12 years is short term.
Dave is worth around 700 million dollars I think he knows what he’s talking about
@howelake Michael Saylor is worth 7x that and are you saying Michael doesn’t know what he’s talking about?
Usually People in Ramseys generation are full of BS. But Ramsey is the only one I pay attention to.
In Northern VA you will get a shack for $2500 a month mortgage lol
Not with a bigger down payment.
Bruh all these bots in the comments 🤖
Lmao bitcoin is the top performing asset of the last decade and it isn't close. Why shouldn't i invest in it? "Wiring" that God gave me apparently 😂
Its also lost more people money then earned
@@fmc1214because people didn't understand what they were buying and sold too soon. Sounds like you did too
I can’t get rich long investing a couple thousand dollars
Earthing movie on this place documentary has many free heath benefits
it’s not quick money daytrading, i trade 20 hours a week and only take 10 trades.
Bots changed the game
@@thatsthejobbb8587 really .? do you say? is it a computer engineer that helped you? besides that i don’t know anything about bots that trade for you.
@@thatsthejobbb8587 can i make my strategy into a bot ?
Mutual funds are just another form of diversification. Universally he is correct, putting your eggs in 1 basket is no bueno
@@vincevegas8529 thanks for describing gambling, your info is only as good as your source. Great idea 💡
What if they report the holdings and never rebalance and charge feeeeeeeeees? I could do the same thing myself and not pay fees.
I'm not 100% sure if theo is understanding the difference between buying one diversified fund or one individual stock. I wonder if he's seeing the fund and thinking it's just another individual stock. He still seemed hesitant. Didn't look like a lightbulb went off. Finances can be super confusing, especially if you didn't grow up having any extra cash for investment.
Do really think as much money as Theo has he's doesn't know what a mutual fund is. Please... he's playing dumb to cater to Dave being able to speak to his audience
@@danlaclair01 I get his faux naive brand of comedy. There are several areas where his socioeconomic experiences have him at a disadvantage and, yes, I do believe that this is one of them. I agree that it's pretty likely that with his current income that he does have mutual funds and might not even know he has them. Or... at least what they are exactly.
In my lifetime I've seen many celebrities who grew up with nothing, make millions and then loose it all because they just never learned the financial skill set you need to make your money work for you.
I watched his reaction several times and I just don't see the lightbulb there. He's a brilliant person. That doesn't always translate to financial knowledge. But heck, he's listening and probably figured it out by now.
Dave speaks 100% truthism.
He admitted he has never bought a single stock yet he wants to teach you how to invest
😂
he buys hundreds of stocks, in the form of mutual funds. he doesnt by shares of single stocks because that is putting all eggs in one basket. to say he doesnt invest it stocks is false.
T-bill and Chill
Lol literally everyone in the early days of bitcoin bought it based on low time preference and the understanding that fiat currency always goes to zero - stay in your lane, Dave.
You have major institutions getting involved in Bitcoin now. So Dave sounds like Warren Buffet when he didn’t invest in Apple until it was a huge company.
Yeah but not with there money😂
BTC has been the been performing asset over the last 15 years…
What does being debt free have to do with sitting in a bird bath haha 😂
Theo still chasn them H's? LOL. I love me some Theo V.
As an investment enthusiast, I often wonder how top level investors are able to become financially stable, I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, ETFs etc It is important to seek the advice of an expert.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $350k since then
Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this financial planner?
I've experimented with a few over the past years, but I've stuck with ‘Grace Adams Cook’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
Dave calls cars automobiles... Let that sink in....
Yes that is one technical name. To a person that is into cars it can still be called an Automobile.
So?
Yea this guy don’t know shit
Compare bank accounts lol
@@glenwad6322 I’m definitely doing better then him at 27 so I would
Let’s see he is worth around 700 million dollars thinking he knows what he’s doing
Nobody does
Lol who is deleting my comments