How Should I Be Investing?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 31 October 2022

⏱️ 4 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. 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	Jack is with us in Little Rock, Arkansas.
0:15.9	Hi, Jack, how are you?
0:17.3	I'm doing good.
0:18.3	Thank you for your time.
0:19.3	I appreciate you taking my call.
0:20.6	Sure.
0:21.6	What's up?
0:22.6	So, I'm 26.
0:23.6	My wife's 27.
0:24.6	In January of this year, we recently became debt-free, including our temporary house.
0:29.4	It's a mobile home.
0:30.4	We're living in.
0:31.4	We're planning to build a home.
0:33.7	We have a five-year plan, hoping to save $5,000 a month, so that we can build a $300,000
0:39.9	home.
0:42.0	Now that we're debt-free, we're kind of getting into the investing portion.
0:46.8	I'm investing $100 to $300 a week through cash management account with fidelity, along with
0:56.1	maxing out my Roth through my employer.
1:00.0	What portion of this is for the house?
1:02.6	So the investing is not for the house.
	...

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