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Ramsey Everyday Millionaires

I’m Scared To Invest in the Stock Market… Do I Have To?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.63.6K Ratings

🗓️ 8 August 2022

⏱️ 8 minutes

🧾️ Download transcript

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, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsay every day millionaires where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:14.1

Starting off this hour is David and Charlotte.

0:16.6

Hi David, welcome to the Ramsay show.

0:18.8

Hey Dave, so great to talk to you.

0:23.5

Chris, you taking my call.

0:25.5

Sure.

0:26.5

So I'm 53 and me and my wife have been following your philosophy for many years.

0:32.4

We are through all the baby steps.

0:34.3

We have our house paid off just as about two years ago.

0:37.7

And we actually have another house around house that's totally day four.

0:42.0

Great.

0:43.0

So we also, yeah, it's great.

0:45.2

We are very blessed and I have a great business that I love.

0:50.7

Here's my question.

0:57.7

I say we've been following your philosophy, but the only thing that I can't seem to do is

1:02.8

keep money in the stock market.

1:06.6

I have made many mistakes pulling it out, putting it back in.

1:13.1

And it costs us a lot of money.

1:16.6

If I were to just kept it in there, we would have been, you know, we would have had

1:19.6

a lot of money in our IRAs.

1:22.2

My question is like, do I really, you know, mentally it's just a problem for me to keep

...

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