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You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth, and outrageous generosity. Kisha is with us in San Antonio.

Hi Kisha, how are you?

Hi Dave, I'm great, thanks for taking my call.

Sure, what's up?

I'm calling because I need guidance. I am a great savor. However, I haven't invested at all. I'm 50 years old. I have about $300,000 in cash and I haven't invested so my money's just sitting in the bank not earning any income.

And I need your help.

I opened a Roth IRA yesterday and I put $8,000 in that because that's the max that you can put

but then I don't know where to go forward.

What'd you put it in?

I put it in a fidelity account.

I just funded the account I haven't invested yet okay what

are you going to invest it in I don't know that's why I called you oh okay okay I

don't know I don't know what to do next. I want to research, but I wanted your guidance as a blueprint before I started moving forward.

Do you have a retirement plan as well through your employer? I do what I haven't taken

advantage of it. Do you have like a Roth 401k have you done some homework on that? I haven't

done anything I just I just started yesterday and that's why I'm calling today so I can get some

guidance. I have a little bit more money saved so in my checking account for

myself I have $300,000 saved I put the 8,000 in the Roth IRA yesterday. My daughter I've saved for her college and a CD 5% and she has $100,000 in there and then I have a twenty five thousand dollars that I

operate that's my operating budget out of my checking account.

Okay. You are very good at shaving. What do you make? Well I'm a nurse and my income varies. So right now it can be from, depending on how much overtime you want to do. So it can be from 150, right now it's 76, 75. That's cool.

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