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Ramsey Everyday Millionaires

How Do I 10x My Money?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 2 April 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!   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, and are disciplined and responsible!   Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: (SmartVestor Investing Professionals ) #PaidEndorsement   📝Get your free copy of Ramsey’s Complete Guide to Investing: (Ramsey's Complete Guide to Investing)   🏦Take a retirement assessment to find out how much you’ll need to retire: (Retire Inspired with the R:IQ Retirement Assessment)   📈See how much your investments could be worth over time with this handy calculator: (Investment Calculator)   🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (Ramsey Investing Tools and Resources)   Listen to more from Ramsey Network 🎙️ The Ramsey Show  🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership 💸 The Ramsey Show Highlights   Learn more about your ad choices.    Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is brought to you by SmartVester.

0:08.0

Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.

0:13.6

You know, we've got a phone number to call, of course, and we get a lot of voicemails on that.

0:18.4

And so occasionally we like to do a little segment called, sorry, we missed your call, where we listen to the voicemail and respond without them,

0:25.3

without having to talk to them. Yeah. So let's see what we have today. Do we have a voice for us, Kelly?

0:30.1

I actually am trying to get some financial advice on if I have $30,000, which I do, and another $1,500 a month, what would be the best

0:46.2

move or strategy to turn that $30,000 into $300,000 in one year?

0:52.8

The last month or two, I've been learning stocks, bonds,

0:56.3

ETS, options, day trading. Still got a lot further to go on acquiring knowledge whenever it

1:03.1

comes to that. But just wanted to get some info from someone that actually knows what they're

1:08.4

doing and talking about. Thank you very much.

1:11.8

Good question.

1:16.1

My first thought, Ken, was you don't need knowledge, you need patience.

1:18.3

This guy's about to lose his butt.

1:18.7

Yeah.

1:21.5

But he wants to 10x that 30, geez.

1:23.4

30 grand to 300 grand to one year.

1:24.7

Go to Vegas, my man.

1:25.6

I was going to say. Hit the craps table.

1:26.8

Good luck.

1:27.6

Highly, highly prospective investment.

1:30.6

It's a quick turnaround.

...

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