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Ramsey Everyday Millionaires

What's the Best Mutual Fund?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.63.6K Ratings

🗓️ 15 April 2022

⏱️ 6 minutes

🧾️ 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, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsey Everyday Millionaires, where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:13.8

All right, John, occasionally we get a question from social media and occasionally we take that

0:18.0

question.

0:19.0

And today we have one from Olivia in Texas and she writes in on YouTube.

0:24.0

I just finished funding my six month emergency fund and I'm ready to start investing.

0:29.8

What are the best retirement plans to invest in?

0:33.2

I love this, Olivia, way to go.

0:35.2

First of all, for getting debt free, building that emergency fund of six months and now you're

0:40.3

at baby step four, you're ready to begin investing that 15% of your household income into

0:45.2

retirement.

0:46.2

I have a feeling I know what you're going to say.

0:47.2

You're going to say open a Deutsche...

0:50.3

Deutsche coin?

0:52.3

Account.

0:53.3

No, crypto.

0:54.3

We're not doing that today, John.

0:55.3

Get on the internet and find a bunch of digital artwork.

1:01.2

Now NFTs either, John.

1:03.0

Okay, let's stick to the basics here.

1:05.1

Here are my two favorite retirement plans to invest in.

1:08.4

Number one is the 401K.

...

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