Investing Like a Millionaire | Dave Ramsey's Greatest Hits

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[DennisJack-kmho]

It's impossible for someone to become wealthy suddenly. A valuable lesson I've picked up from billionaires is to always invest in a diverse range of securities and to put in background effort, even if we usually just see the final product. I intend to profit from the approximately $200k that I want to put in stocks this year.

[tahirisaid]

Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals. Nobody can become financially successful overnight. They put in background work but we tend to see the finished part.

[AnnBurrow-vbtt]

A wise saying about investing according to my Friend who is a CFA is to be Patient and Think Long-Term. She said, “The stock market is a device to transfer money from the impatient to the patient.”

[ericmendels]

Just discovered your channel with this video and you make a lot of sense-- case studies are useful and I'd like to see more in the future! Creating wealth entails establishing routines, such as setting aside funds for investments. Salary is a drug, Its never enough.

[Armstrong]

Net worth truly snowballs after $100k!  Keep investing regularly and you'll be blown away how much it can change in a few short years.  Here's to $1 million and to FIRE!

[voncile-ys]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[AliceAnderson-inet]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

[Benedictrud]

About time, Dave. I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[NicholasBall]

Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement, I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[chris-pjrk]

I'm in my 50s and I'm more interested in investments that could set me up for retirement, I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[bobbymainz]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

[mayalucia-]

Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?

[benitabussell]

Recently, I've been pondering retirement. I've also put $800K into the stock market but i'm encountering fluctuations with limited gains. i need an approach that will align with my risk tolerance and financial goals. whats the best approach

[BrettaANordsiek]

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

[RooseveltDDunn]

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

[jameswood]

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

[lawerencemiller]

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

[carlsullivan]

My mother listened to Dave on the radio while I was growing up, now I listen and have followed the same financial footsteps

[mikey]

I have about $250k distributed across various investing accounts, with 35% of my capital invested in an IRA and 25% in index funds. In Q2, 2023, I suffered a great deal. I'm just searching for methods to get better in 2024 right now.

[huskiefan]

S&P index funds all the way. The problem with active funds is that there is survivorship bias. In other words, the only funds that survive are the ones who had the best past returns. However, once people find out about these funds, they buy them, and drive down future returns for these funds. All the while you’re spending much more in maintenance fees vs an S&P index fund.