How Should I Split Up My Investments?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 26 June 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

💵 Start your free budget today. Download the EveryDollar app! 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? Click here to connect with a SmartVestor Pro. 🏠To learn more about how to plan for Retirement, click here 🏦To learn more about Investing, click here 🎓Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 💸 The Ramsey Show Highlights Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:22.0	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth, and outrageous generosity. And Mike is up first this hour in Lynchburg, Virginia. What's happening Mike?
0:27.2	Hey George, how you doing? Hey Jade. Hey what's up? Better than we deserve my friend how can we help
0:33.6	awesome good to hear before I get started George I got to say just so you know
0:36.4	I'm like I got to come clean next to Dave obviously I think you're my
0:40.3	favorite Ramsey host I work at the I work at the
0:43.0	YouTube channel. Listen, five bucks on Venmo America, that's what you'll get.
0:46.0	Thank you for that kind endorsement, Mike.
0:49.0	Absolutely, thank you.
0:50.0	So I just had a quick question.
0:52.0	I'm 17 years old, I worked full time. Thank you. So I just have a quick question.
0:52.5	I'm 17 years old.
0:54.0	I worked full time and my company offers a 3% match IRA,
0:59.8	simple IRA 3% match.
1:01.7	And we're just, I've been contributing to that for a while right now only
1:05.6	at 3% but I am working my way up hopefully very soon to that 15% they recommend and
1:11.4	basically the financial advisor and the financial
1:17.0	advisor and the financial company that my company goes through it's all
1:20.0	provided so I was just talking to him the other day on the phone and we're getting my investment
1:23.9	set up and everything. I wasn't exactly sure what to tell him because I knew basically the
1:28.4	remedy principles on investing, but I'm not an expert on it by any means.
	...

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