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The Ramsey Show Highlights

Wait For The Economy To Improve Before I Invest?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 20 December 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

📱Download your free Ramsey Network app today! 💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 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

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.6

So my question is that I have a little bit of money for my inheritance, and I'm wondering if

0:11.9

right now is the right time to invest, or if I should wait a little bit for the economy to do its

0:17.2

thing. What does that mean? What does do its thing mean?

0:22.2

It's been doing it.

0:23.1

Well, it's low, and it's right now it's starting to pick up.

0:27.1

What economy do you live in, brother?

0:29.8

We're at record highs every day.

0:32.3

Are you waiting for it to crash and then get in?

0:35.1

Well, you know, I don't know what's going to happen with the whole election and I've seen it

0:40.3

happened.

0:40.4

It happened.

0:41.1

With it, with it, I'm, I'm worried that it, I've already invested some money for my kids.

0:48.1

Okay.

0:48.7

From my inheritance in the trust fund.

0:50.4

So they're taking care of as far as them.

0:54.0

But I'm, I'm concerned'm concerned about me and my wife's

0:57.0

retirement. How much money did you get in an inheritance? I got about $100,000. Who passed

1:03.3

away? And I put about, I took about, I used 40,000 to pay off all my debt. That was the first thing I did.

1:09.9

I paid off all my debt in time. Wonderful. Good for you. So, and then I had,40,000 to pay off all my debt. That was the first thing I did. I paid off all my debt in time.

1:11.1

Wonderful.

1:11.6

Good for you.

...

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