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Ramsey Everyday Millionaires

My Investments Keep Losing Money

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 25 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!   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? Connect with a SmartVestor Pro: (SmartVestor Investing Professionals ) #PaidEndorsement   📝Get your free copy of Ramsey’s Complete Guide to Investing: (Ramsey's Complete Guide to Investing)   🏦Take a retirement assessment to find out how much you’ll need to retire: (Retire Inspired with the R:IQ Retirement Assessment)   📈See how much your investments could be worth over time with this handy calculator: (Investment Calculator)   🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (Ramsey Investing Tools and Resources)   Listen to more from Ramsey Network 🎙️ The Ramsey Show  🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership 💸 The Ramsey Show Highlights   Learn more about your ad choices.    Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is brought to you by SmartVester.

0:08.0

Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.

0:13.8

Parker's in Houston. Hey, Parker, how are you?

0:17.0

Oh, I'm doing fine. Thank you, Dave, for taking the call.

0:19.8

Sure. What's up?

0:20.3

Hey, I've got a question. My wife and I have been investing in the stock market since the fall of 2021, September to be exact.

0:30.6

And since the investment, we have done nothing but go south to the point where we've had no returns we're not even recouping fees

0:40.1

so what in the world are you investing in well that's i'm not sure and that's the reason for

0:48.5

the phone call i don't we don't even know where to begin we're new to the uh investment systems that we

0:54.6

don't where we're clueless okay and okay let me stop you a minute rule number one of

1:01.0

investing is don't put money in things you don't understand okay okay sir this is how you end up

1:07.9

not making any money right and so so and you have a lot of fear

1:12.2

that goes with it when you put money and things you don't understand because

1:14.8

you're dependent on someone else to make all the decisions and that's bad it's how

1:19.1

you lose money so I think the investments need to be moved to some to an

1:25.0

investment broker that has the heart of a teacher, not the heart of a salesman,

1:31.4

meaning that when they sit down with you, they're going to say, all right, Parker, and Mrs. Parker,

1:37.1

right?

1:37.5

This is what you have.

1:39.0

This is what, here's how this works, and here's how the other things work.

1:43.0

Which ones do you want to do? Once you understand

1:46.1

them, you can give direction on where you want your money to be put. And that's when you'll

...

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