How My Investments Did In 2024 (My Actual Numbers)

In this episode, you’re going to get the piping-hot scoop on how and where I invested my money in 2024. That way, you can start building some serious wealth in 2025.

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[travistarr]

I love everything about Ramsey except this 4 mutual fund bullshit they hang onto. Buy VOO or VTI, reinvest dividends, keep adding consistently and never sell it.

[drfeelgoodphd]

"mutual funds that are actively managed will have higher expenses than those that are passively managed, that's not necessarily a bad thing" yes it is a bad thing lol, what good is beating the s&p if you're gonna lose all of that difference to fees? multiple studies have shown that actively managed mutual funds CAN consistently beat the s&p in performance BUT almost all actually fall short of the s&p when fees are included. I'd rather just invest in index funds and lock in a completely average return instead of adding the risk of under performing just to get the slight chance to over perform

[TheBobbyBrown]

where are the "actual numbers" promised in the title?

[bolts]

All that "diversification" and complication for his 401k to under perform the market by almost 8% and pay mutual fund fees... Just buy low cost or free index funds y'all it's almost impossible to actually beat the market over time.

[invariant]

Actual numbers = actual click bait. And no, your networth does not explode once it reaches 100k

[jeffreysirkin]

I love how you quickly glance over the fees issue....no that's a HUGE issue.

[lrysnkw]

Do not choose an actively managed fund. Index funds have by a 90% and higher track record never been out performed. Plus actively managed funds require addition fees...this is why Ramsey solutions directs people to edorsed local providers because they are getting their cut. Just do index funds.

[dustinschmidt]

Reminder that Ramsey is good for debt advice but not investment advice. Do not discount all the studies, SPIVA being the biggest one, that show you are much better off sicking with index funds and staying away from actively managed funds Ramsey likes to push. Fees should be at the top of the list for importance, not the bottom.

[todd]

So, those 4 mutual fund categories returned 17.24%, well below the market average for 2024, and way more expensive. An S&P500 index fund with an expense ratio of 0.015% would have returned almost 25%.

[AkaraBread]

Don't work for money; make money work for you. Invest wisely today to create the freedom you desire

[matti]

So you underperformed the S&P severely?

[jasonbroom]

Warren Buffett said if he was starting over he would put 90% into a low-cost S&P 500 index fund and the rest in cash. I'm not smarter than Warren Buffett, so that's how I have invested for the last 17 years. The S&P 500 has returned an average of 15.2% during that time period, a rate of return I can live with. This is a set it and forget it approach, with no annual rebalancing needed. Also, since 100% of companies on the S&P 500 list are multinationals (they actually generate 70-80% of their gross revenues outside of the US) there is no need for an "international" fund in any portfolio...the S&P is essentially a "world fund", all by itself.

[DorathyJoy]

Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

[huskiefan]

S&P 500 index funds all the way. Picking active mutual funds doesn’t work over the long term. The SPIVA report shows this every year. Index funds have a much lower expense ratio and have are no commission. In my opinion, there’s no need for an international fund, index or otherwise. It’s because about 30% of the S&P 500’s total revenue ALREADY comes from international sources. There’s your international exposure right there. Most of the time with our connected world, if the US stock market does well, the world stock market also does well.

[ryjoph]

I'd be interested to see you tell us your tickers on these funds and breakdown how much the ACTIVE mutual funds are charging for expense ratios.... and then how much your SmartVestor Ramsey ADVISOR is charging to recreate the S&P500 plus international.
And THEN show us the math on what even 1% does to your portfolio (let alone more if active funds plus advisor fees) over the next 30 years

[johnsonwilliams]

I Hit $32, 590 today. Thank you for all the knowledge and nuggets you had thrown my way over the last week i started with 5k in last week 2024.... now i just hit $32, 590❤️. thanks to Katherine Grace Maier for helping me achieve this

[stewdogg]

My favorite portfolio is 30% VTI, 30% QQQM, 40% SCHD. Set it and forget it!

[vchap]

Why are you using growth/aggressive growth and other outdated terms instead of large cap, mid cap and small cap? Most listeners who mostly listen to Dave Ramsey and friends' channels have no idea how to find those funds on common investment platforms because of this.

[matthewrudomin]

You guys should use large cap, mid cap, and small cap funds and then international. Your terms, while correct, aren't exactly easy to understand..

[MilaN-ltmq]

If you don’t invest in index funds, you are paying huge management fees. No, thanks.