Should I Be Discouraged by the Returns on My Investments?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 10 March 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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, George Kamel, Kristina Ellis, & Jade Warshaw. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:14.1	Next up we have Amy calling from Dallas, Texas.
0:17.6	Hey Amy, welcome to the show.
0:20.0	Thank you.
0:21.0	Hey, how can we help?
0:22.0	I try to be relatively quick I think, but I've been investing now for about 13, maybe
0:28.9	12 years and I did my calculation, I have about 8% return so far.
0:33.7	Should I get discouraged by that or should I kind of think we're in kind of a downturn
0:38.0	and overall it should end up still being kind.
0:40.4	Well, good job with that.
0:41.9	13 years, are you completely out of debt?
0:44.2	Yeah, maybe seven.
0:45.9	Awesome.
0:46.9	That's awesome.
0:47.9	So what is your net worth as of today?
0:49.9	2.2 million I think.
0:51.9	Amy, I think you're going to be fine.
0:54.4	I think you're going to be I wouldn't be discouraged with a 2.2 million.
0:58.4	I asked George because 1% when I look when I'm 65 is a huge amount of money.
1:05.1	Oh yeah.
1:06.1	I mean 1% swing or something under or over.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.