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The Ramsey Show Highlights

I'm New to Investing and Confused by the Jargon

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 29 March 2021

⏱️ 6 minutes

🧾️ Download transcript

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, Chris Hogan, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Monday, and this is the Ramsey Call of the Day, part of the Ramsey Network.

0:06.4

Joining me today is Ramsey Personality, Anthony O'Neill.

0:11.0

Andrew's going to start us off in California.

0:13.4

Hey, Andrew, how are you?

0:16.0

Dave, I'm great.

0:16.8

How are you?

0:17.4

Better than I deserve, sir.

0:18.9

How can I help?

0:20.8

All right.

0:21.6

So I am, I'm on baby step seven.

0:29.3

I'm investing now.

0:33.2

21 years old.

0:34.4

I'm in the military.

0:35.7

So living in a barracks room, I have no mortgage. I have a Roth IRA open

0:41.3

with Vanguard with $12,000 in it, but it's in a money market accountant has been since I started

0:47.5

deployment. What should I invest in? Okay. Well, good. Good. So you're in Baby Step 7 because you don't have a house, right?

0:57.7

Exactly.

0:58.4

Okay.

0:58.9

What's in Babyset 3, Andrew, real quick?

1:00.9

What's your fully funded emergency fund amount?

1:05.1

Uh, I have, I just actually came back from deployment with the USS Nimitz.

1:11.2

So I actually have, uh, yeah, you should have a lot.

...

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