Investing Like a Millionaire | Dave Ramsey's Greatest Hits 

Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. 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

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.

I want to begin investing but require some help. I want to spread my $125,000 across various markets for better diversification. Do you have any advice or suggestions for assistance?

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go out of devastation.

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

I’m new to all this, heard it's a good time to buy and basically I've just got $200k sitting duck in the bank and I’d really love to put it to good use seeing how stocks is at an all time-high.

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.

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.

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.

As a fervent investor, I frequently ponder the methods and routes through which successful investors accumulate fortunes in the millions. Despite having a significant starting capital, I'm unsure about the precise strategies or channels that would lead to gains surpassing $400k, akin to those achieved by others recently.

Overall, 51% of investors still think it's a good time to invest in stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m thinking of investing $400k into my stock portfolio but unsure about what equities to get into.

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.

We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

(NYSE:ARR) is a high-yield mortgage REIT paying monthly dividends. The stock has a dividend yield of about 14%, as of August 14. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

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.”

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?

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?.

I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?

Crypto is risky as many would say but I think the actual risk in Crypto is not investing. Basically, I just made my first $300,000 in crypto market and I barely know how to express how happy and excited I am right now.

I lost over $80k 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 Brooke Miller.

With a good investment plan that ensures steady incomes without any doubts you can prepare for a well organized retirement. I started investing in stocks 3 years ago and so far, I am making a good yield on my portfolio built on top etfs, blue chip stocks and dividends as well. Managed by my FA who helped me grow to a 7 figure portfolio. I love the passive income..

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.

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.

I lost over $80k 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.

Wow, it's crazy how some people can become multimillionaires by investing just $10K in Crypto within a few months, while others have to work for 40 years to reach $1M in retirement savings. Do your best to connect with the right people and you will surely see changes.

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?

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

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

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

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.

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.

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.

Love these clips! Dave is the Dad that will knock some sense into you! His wisdom has helped me a lot his voice reminds me of my dad that I lost 12 years ago.

Stop acting RICH!!!! I love that statement!!

I dream of buying an Outback and driving it for about 15 years. And all the scratches will be like scars from battlefield - I will love each and every one of them😅

Hearing dave talk about 1% and 5% fees in 2024 is wild. How far we've come in a tech and computer-based investing environment. The 0% fee trading platforms came in and really shook up the fee structure these past 5 years

My mother-in-law said I could take over her time share when she dies. I ran away. My brother bought a Lincoln Navigator. My sister cashed out a portion of her 401k for a used car. I feel like a genius.

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.

Great content Dave. Thanx man!

6:10 pay a fee for mutual funds and pick them based out of their track record for rate of return; its worth it in the time you save to pay the fees

First impressions ever lasting....fake it untill youve made it.....

So many scammers under financial channels claiming an advisor helped them and giving the name of the advisor. With other bot account supporting the statement. Be careful people.

I invest my SIPP (personal pension) in index funds. I choose companies or industries which are doing well or in demand, for example ASML, Nvidia and then select the index funds those companies are listed in. It's working well so far.

I find that hard to believe a international mutual fund outperforms a s&p 500

Thank you, very Clear. Greetings from The Netherlands

Geezopete. Where were you all when I was younger? I could have used this.

17:17 and on. I think this part is the most important. Live for yourself, not to impress others. 'The valet is seldom impressed... until he gets the tip...' Be humble and down to earth and generous like you have millions.

Greetings from South Africa.

Index funds are still #1

Dave is the show!

So many spam bots in comment section, just wow. Ramseys team should clean up some of these comments

Very interesting, but many studies have shown that active stock management underperform the stock market and then index funds on the long run. And the fees of these active managements are directly and unecessarily decreasing the yield. So as investing has to be done on the long term and as we know today that active management is unecessarily costly, why do not choose an index fund instead? This is what I am currently doing and I was a little bit surprised to hear this analysis. But that been said, I really like this channel, the tone, and the educational way you are sharing your knowledge. Thanks!

Everyone wants to get rich quickly, and the most important and easy method is to work hard / smart to make most money ! Working 2 jobs , taking responsibility and giving quality work and doing professional work ( MD, Architect, IT, Attorney) are methods to make most money. Your money making money while you are resting is later. Once capital is there , any one can invest in real estate (roughly 10%), Mutual funds (roughly 8%). and Bank CD (4%), but it’s extremely important that one has enough capital and should have it enough early to realize the wonder of compounding.

i love the Chanel wish i had started sooner but i will double the money the right way for 12 yrs

I will be forever grateful to you, you changed my whole 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 Elizabeth Wesley.

The *vast* majority of actively managed funds don't outperform the market but Dave doesn't talk about that

It’s fairly easy…. Remember a stock is a business. Think about the business you see in your personal life… I own shares of Hershey because they make Reese’s. I like Reese’s and I’ve worked in grocery settings, it seems like other people do too… And then you research the stock and see it’s had an almost 30% return over the last 5 years..

Thank you for the information.

I sure agree with all this! The only place where I differ is we have always driven nice sensible Chrysler products, RAM!

My cars are paid off but I'm still forking out $200 a month for car insurance. Homeowners just went up $1000 and property taxes. It's insane for anyone to get ahead!

Which mutual funds out beat the market?

Do you have any suggestions of Mutual funds to buy? Need help here. Thanks.

Put 20% of your income into solid growth ETFs and let it run 20 years… over a million already ❤

Would you split between the 4 mutual funds equally or put more percentage into a large cap than small cap for example 🤔

In the older clips you see him say to use mutual funds to beat the S&P 500. In more recent shows he uses the S&P 500 funds as examples of what to invest in for retirement.

Fees are definitely important Dave, regardless of how you spin it. 95% of what you say is spot on but it's a complete swing and miss when you dismiss the effects of fees on your portfolio over time.

Hey Dave Can you talk about LLC and ways to protect your real estate properties! Thank you 😊

The financial industry may focus on investing, but getting out of debt first is the real game-changer. 💪

Are load funds monthly investments? Is there a 5.75 fee every time?

HELP - I'm 52 with no retirement money. I now have $5000/mo to invest - but only have 10 years to work. I need to turn $5k/month into something ASAP. I need to know exactly which mutual funds - not just "good growth funds". Can you name the funds please?

Dave: Find a good mutual fund it’s not that hard. Also Dave not 5 min later: I don’t have time to look for mutual funds so I pay an advisor to do it for me

I guess Dave has a lot better financial advisor than I had. I say had because he doesn't manage my portfolio now, so i don't pay him $250 per month to manage the portfolio, and my portfolio actually increases in value now.

but i should have started saving sooner but I'm focused on you now thanks

Dave Ramsey has not once, not ever revealed the mutual funds he invest in. Why? If he would just simply tell me the name of the fund, I would buy the funds he’s talking about.

I am 59. What mutual funds do you suggest for 401K now (heading Soft landing )

Go with safe investments. Dividend stocks with a long track record are my bestfriend because they will constantly pay you no matter what happens. Go dividends!

Dave’s advice is great for people who don’t know how to invest. Not everyone has the ability to learn how to invest and setup an account online. But the rest of us it’s etf all the way

Tax smart investing is something to maximise and invest consistently. Dream and win big ppl.

Dave sidesteps fees in active funds more than likely for the fact he gets a legal kickback form the Smart Vestor folks which is extremely more profitable than his own personal 401k. Therefore his net worth grows in his business which makes him a smart shrewd businessman. The average investor is better off in index funds, continually investing and don’t touch it until retirement.

This dudes mad patient with callers lol.

Try ketogenic diet. First cut carbs to start fat burning. When you've lost the weight try to increase fat intake. No seed/vegetable oil. My problem is 53 divorced lost home supporting kids through university. Struggling financially and emotionally. Ireland. Kids in Spain. 23yo/25yo

Love Dave Ramsey.

Almost all mutual funds underperform the market.

4:00 Just buy the index funds and forget about it. He makes it too hard and he gets kickback money from his endorsed local providers and most mutual funds over 80%. Don’t beat the end decks. Don’t make it too difficult and quit giving this guy a bunch of money on kickbacks endorsed local providers means he gets money to push their products. Just buy the index fund and fees. Do matter run a calculation on an investment calculator you’ll see that fees make a huge difference .

I’m a beginner, non-starter 🙈, where do I open a portfolio, where do I open an account?

Considering 80% of mutual funds underperform the index, it's actually incredibly difficult to find the ones that are going to generate alpha. Additionally, past performance isn't a great way to your investments. Dave is a great financial coach but I'm not sure about his to manage portfolios.

Fees destroy compund interest. No one mutual fund has consistently outperformed the S&P 500 over long durations. Mutual funds are the financial equivalent of a car lease... putting money in someone elses pocket, not yours.

I disagree with you on this one. I would just buy an index fund or two and use will save on fees. Ur basically stock picking and that doesn’t work for 99 percent of the investors. Sorry ur wrong

Awesome stuff

II Corinthians 4:18 - While we do not look at the things which are seen, but at the things which are not seen. For the things which are seen are temporary, but the things which are not seen are eternal.

Where can i find the Alpo cookbook? 🤣 Sounds tasty

Ramsey suggests 25% in an Intentional fund that mirrors the track record of the s&P but i cannot find any international fund with that performance. Any suggestions out there?

How much do we need to invest in

“Horatios..Horatio Who….,,,,…Poor Haratio”

All the data says that 93% of managed mutual funds under perform the indexes, over 15 time period. Daves mutual funds have not averaged 12% per year, they have returned about 10.6% cagr.

I’m 25, I have a Roth IRA, & a brokerage. I have QQQM in them both. I’m considering adding in VOO & SCHD. But also 1 mutual fund. I’m going to do research but if anyone knows the best one LONG TERM, drop it down in the comments. Thank ya!

I’ve listened to hundreds of hours of Ramsey and have come to consider him one of the greatest influences I’ve found in terms of budgeting and getting/staying out of debt. However as it relates to his investing advice, I don’t consider him an influence. Take statements like “fees don’t keep you from getting wealthy” when talking about mutual fund investing. This is patently false (not gonna argue why here - it’s math) and is a facetious and dangerous statement for the average person to hear. I know Dave would tell me “I’m an idiot” because he’s rich, and that’s great, but it doesn’t make me wrong. Anyways, follow Dave for what he’s good at which is motivating you to be responsible with money, live below your means and save. Most of his investment advice isn’t going to hurt you (though statements like the above will) but there are better sources out there to educate yourself on what your investment strategies should be.

You cannot buy mutual funds that outperform the stock market every year. Thats impossible!

Is it a good idea to do a “managed” mutual fund or “managed” IRA where my financial advisor company takes a quarterly fee? How else since I can’t look to manage it myself carefully day to day to buy/sell. No way around that I suppose. I’m not knowledgeable to be hands on and that why they have a team of people managing it daily where I get charged that quarterly fee.

I invest heavily in rhe S&P I am in it for 25 years , should I move to mutual ?