4.8 • 3.6K Ratings
🗓️ 13 June 2025
⏱️ 6 minutes
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0:00.0 | This episode is brought to you by SmartVestor. |
0:07.9 | Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester. |
0:13.8 | Up next we have Brandon in Pittsburgh, Pennsylvania. |
0:17.7 | Hey, Brandon. |
0:18.3 | Welcome to the show. |
0:19.6 | Hey, thanks for taking my call. For sure. Thanks for calling |
0:22.0 | in. How can we help? Well, I've run into a bit of a speed bump here as far as my wife. We did the |
0:29.8 | baby steps. We were in over $200,000 in debt, knocked that out in a few years. And now it's time to put money away, 15% of my income into, you know, mutual funds. |
0:43.8 | And she's just wanting to park it in a high-yield savings account. |
0:47.3 | And because she says she's scared to lose it. |
0:50.0 | So I'm just kind of curious the best way to go about. |
0:53.1 | I mean, I've sat her down. |
0:54.5 | I've said, hey, it's over the long term that's going to run its course. |
0:58.4 | We're going to, you know, become millionaires. |
1:00.6 | And it doesn't seem to stick. |
1:02.4 | I've kind of run into a rut where we're just putting money into a high-yield savings account. |
1:08.1 | And, you know, 4% is good, but it's not 12. |
1:10.8 | Right. |
1:11.3 | It sounds like one of, it sounds like two things or one of two things. |
1:14.7 | A, something happened in the past, and she or someone she knows lost money in the stock |
1:21.4 | market, meaning they took money out when it was at its lowest point. |
1:25.2 | Or her dad? |
... |
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