Should I Cash Out My Investments & Go All In on Crypto?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 9 November 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, & Kristina Ellis. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:11.0	Canada is on the line.
0:13.0	Maggie is calling.
0:14.0	Hi, Maggie.
0:14.5	How are you?
0:15.3	Hi, good, Dave.
0:16.4	How are you?
0:17.0	Better than I deserve.
0:18.2	What's up in your world?
0:19.5	Well, Dave, I'd like to liquidate my portfolio and be able to put it, I want to trade on
0:26.5	with cryptocurrency. And I just want your opinion. Do you listen to this show? Yes, I do.
0:36.5	Okay. What are you currently invested in? I have an investment account. I have TSFA and I have a RIF account.
0:46.3	And what has caused you to go, hey, you know what? I'm going to trade all of that to go into crypto.
0:51.7	Because I'm losing in my portfolio drastically this year.
0:56.5	And I just know that I don't believe I'm going to come back, like, for a long time.
1:02.3	Like, I mean, they say it'll come back, but I think it's not going to come back for 10 years.
1:06.7	And I'm already 72.
1:09.2	So I just feel like, and I've also have experienced.
1:14.7	Like, it's not like I haven't, I have been doing crypto trading now for a while.
1:21.0	Have you seen the crypto market?
1:22.5	It's a lot darker than the stock market.
1:24.7	You're trading a paper cut for a stab.
	...

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