How Should I Start Investing?

Published 2022-09-10
💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
📱Download the Ramsey Network App ⮕ ter.li/ajeshj
🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5

Explore More Shows from Ramsey Network:

🎙️ The Ramsey Show ⮕ ter.li/ng9950
🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
💰 George Kamel ⮕ ter.li/1elws8
💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
📈 EntreLeadership ⮕ ter.li/ktxv2k

Ramsey Solutions Privacy Policy
www.ramseysolutions.com/company/policies/privacy-p…

All Comments (21)
  • 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
  • I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
  • I’m 27 . If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
  • @A_francis
    I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
  • 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.
  • @Andrian-ch3on
    I am down 50K in the last 10 days. I wish I had 50K laying around to add to my exposure. I will just keep on buying, at least the things I am long in. There are few things that I was long in but now I am looking for an out. Each of them has to be dealt with on a case by case basis. If I thought I was going to be rich by the end of the year, yes I would be worried. I only want to be comfortable once I retire, so I am good
  • @JesicalSmith
    I am a new investor and I've got no good idea about investing, but I believe with little assistance here and there I will be able to get by. I have a good paying job and little money saved for this. I really hope to begin as soon as I get more valid information on investments. I am being careful, I do not want to loose my savings. Any good advice on what I should do will be highly appreciated.
  • @hillaryrowland1
    Feel investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market, because 35% of my $270k portfolio consists of plunging stocks that were once respected, and I'm at a loss for what to do now
  • @marlisamirabal
    Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
  • @FeelMyTruth
    I'm curious, for someone with less than $50,000 to invest, how would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
  • @NicholasBall130
    Fascinating video! As someone in their 50s, I'm increasingly focused on investments that can secure my retirement. I've heard stories of individuals making hundreds of thousands during market crashes. Recently, I listened to a podcast where someone earned over $650,000 in less than a year. I'm curious about the strategy behind these remarkable returns.
  • @UsamaG-mq1jy
    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.
  • Basically, taking into account various factors such as liquidity, market conditions, tax implications, and more, investment managers provide expert advice on managing your investments for maximum returns.
  • @Riggsnic_co
    I'm a single, 43-year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.
  • @Karla-ol8pq
    As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset.   2. Be willing to take risk. 3. Never claim to know - Ask questions and it's best you work with a financial advisor
  • @Redwood4040
    I just sold a property in Portland and I'm thinking to put the cash in st0cks, I know everyone is saying its ripe enough, but Is this a good time to buy st0cks? How long until a full re-covery? How are other people in the same market raking in over $200k gains with months, I'm really just con-fused at this point.
  • @jonaswinter614
    As a newbie, about to invest you most have four things in mind. 1 have long time mindset 2 be willing to take risk 3 be careful on Money usage, if you are not spending to earn back then stop spending 4 never claimed to know -Ask question, it's the best you work with a financial advisor.. like Martinez Amend, he is good on what he knows how to do best.
  • The latest CPI report reinforced a potential end to the interest-rate hikes that have hurt growth for over the past year, making a soft landing scenario more likely for the US economy.Recently sold 30% of my $500k portfolio comprising of plummeting stocks, quite devastating!
  • @Kevinbrian1
    In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
  • There is a recession coming, invest 50% in beans and 50% in rice to have a well diversified portfolio