Investing in Real Estate vs. Mutual Funds

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 9 June 2023

⏱️ 7 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 & Jade Warshaw. Helpful Resources: 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. 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 Smart Vester.
0:07.0	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:14.6	wealth, and outrageous generosity.
0:17.9	Matt is an important organ.
0:19.1	Hey, Matt, welcome to the Ramsey show.
0:20.8	Hey guys, thanks for taking my call.
0:22.9	Sure.
0:23.9	What's up?
0:24.9	I recently discovered your show and really can't get enough, so thank you.
0:28.3	Thank you.
0:29.3	52, yeah, I'm 52.
0:31.4	My wife is 47 and our household take home is roughly 8,000 a month.
0:35.8	We have a $34,000 in an IRA.
0:39.2	Instead of traditional investing, we've gone the real estate route and currently have
0:42.4	mortgages on three homes.
0:44.7	One is a primary residence and two are rentals and this needs some advice.
0:50.8	I up until I discovered you guys.
0:54.6	This was our pretty solid plan.
0:57.0	But is it too late to go the traditional investing route?
1:03.0	No.
1:04.4	It's not necessary that you only do the traditional investing route.
1:09.6	I've got a bunch of real estate.
	...

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