Don’t Invest Your Money Based on the News Headlines!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 30 March 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Starting off this hour's Patrick in Fresno, California.
0:13.9	Hi, Patrick.
0:14.6	Welcome to the Ramsey Show.
0:16.0	Hey, Dave.
0:16.5	Thanks for taking my call.
0:17.9	Here's my question.
0:19.5	So I've got over a quarter of a billion in my retirement
0:22.5	account, and over the years I've seen to go up and down. And after hearing the news about
0:28.5	what went down this weekend, you know, with the two banks in Silicon Valley, I'm wondering
0:35.6	if I should take money out of my retirement and pay off my credit
0:39.9	card debt.
0:40.9	That's my, my major debt is my credit card, followed by my home.
0:45.6	My car is paid for.
0:47.4	So it's basically those two debts that I'm working with.
0:51.4	What do you have your money?
0:52.4	What do you have your money invested in?
0:54.5	And, you know, when I left the county, I had it in their retirement plan, 401 and 457.
1:00.0	In mutual funds?
1:01.9	Correct.
1:02.9	What's that got to do with the bank?
1:04.9	Well, last time that all happened in 2008, I just shut the door on that book that it looks so bad.
	...

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