4.6 • 682 Ratings
🗓️ 17 June 2025
⏱️ 9 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. I'm 22 years old. I'm currently making about |
0:10.0 | $30,000 to $90,000 a month, and I am trying to figure out when to make the jump into real estate, |
0:16.3 | because that's kind of where I want to take my end goal. Wow. Wow, Zach. We just talked to a caller who makes $850 a month. |
0:23.3 | Yeah, can you spare some change for our friends? |
0:26.2 | Yeah, I did hear that, yeah. |
0:27.3 | What are you doing to make $30,000 to $90,000 a month? |
0:29.8 | What? |
0:30.7 | So, primarily day trading, specifically the futures market. |
0:36.2 | Okay. |
0:36.6 | How did you learn about this and are you using a platform? How does this all work? |
0:41.6 | Yes. So I've been like practicing for about three or four years now. And then I decided to, |
0:49.3 | my initial investment was $3,000 into an evaluation for a few prop firms. Yep. And essentially you use their |
0:56.6 | capital and then you normally get to keep anywhere from 70 to 90% of the profits that you make. |
1:02.9 | And so I did that back in October and I was able to pay my student loans off by doing it. And I |
1:08.6 | got a major in finance from Lipscomb. I graduated in December. And so |
1:12.9 | I kind of decided that if I'm going to go all in on this, I might as well do it now and see |
1:17.3 | where it took me. And how long have you been doing this? So with the live funded accounts |
1:23.3 | since February or March. Okay, which is using your own money? |
1:29.4 | No, so it's just the firms primarily at this point in time. |
1:32.7 | So here's the question. |
1:33.6 | If you're so good at this, why not use your own money? |
1:37.4 | Yes, so a lot of the times right now, I don't have $150,000 that I want to invest in it, |
... |
Transcript will be available on the free plan in 12 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.