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How To Invest For Beginners | Dave Ramsey
How To Invest For Beginners | Dave Ramsey
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►In this video, Dave Ramsey discusses that the borrower is a slave to the lender and that the most powerful wealth building tool is income. He advocates for getting out of debt in order to invest, as it is the shortest way to becoming wealthy. He also criticizes the financial industry for focusing too much on the investing part of the equation, and for having people with opinions about money but no money themselves. He suggests investing in good growth stock mutual funds that have at least a 10 year track record, and that outperform the S&P 500. He also suggests having someone help with investing, as it can prevent making emotional decisions that can lead to bad financial choices. He believes that a decent portfolio of good performing mutual funds wins and the key is actually putting money into the mutual funds.
►If you found this video helpful, please consider sharing it with your friends. If you want to see more videos like this, you may want to consider subscribing to the channel.
► Special Thanks & Credit to: Dave Ramsey!
https://www.youtube.com/c/TheRamseyShow
Disclaimer: This video is for educational and entertainment purposes only. I am not a financial adviser. Please do your own research and consult with a professional before making any investment decisions.
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