Don’t Be Smarter Than Simple!

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 8 March 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:14.0	Brandon's in Louisville, Kentucky.
0:15.4	Hey, Brandon, what's up?
0:16.4	Hey, thanks for taking my call today.
0:18.4	Sure.
0:19.4	How can we help?
0:20.4	So I have a question about where I should be focusing my money.
0:23.9	So I went through majority of your staff and I'm get free with everything besides my house.
0:29.9	I did a 15% end of my retirement, my 401k.
0:34.2	I have a relatively new son and six months old, so I started the 529 and started investing
0:38.7	in that.
0:39.7	Here it is.
0:40.7	Thank you.
0:41.7	My question is, so I bought a house a couple years ago, two, three years ago, bought it
0:47.5	a pretty good time.
0:49.1	My mortgage that I have left on it is about 250,000.
0:53.6	It's worth around 300 to 315,000.
0:57.6	But I've put about $50,000 in individual stocks and then I have an additional 103,000 roughly
1:06.2	in just savings on the side.
1:08.3	And my question is, should I be taking that money out of the individual stocks and trying
1:12.9	to beat that mortgage down as much as possible?
	...

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