What’s the Best Way To Invest Without a 401(k)?
Ramsey Everyday Millionaires
Ramsey Network
4.6 • 3.6K Ratings
🗓️ 19 August 2022
⏱️ 10 minutes
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| 0:00.0 | you're listening to Ramsey every day millionaires where we talk retirement building wealth and outrageous generosity. |
| 0:12.3 | Nicole is in Orlando. Hi Nicole. How are you? |
| 0:16.4 | I thank you so much for taking my call. Sure. What's up? |
| 0:19.2 | So I'm new to the Dave Ramsey. I just heard about you guys about a week ago. I've been living under a rock. |
| 0:25.7 | But I look through the baby steps and I'm kind of coming up with an issue right now. |
| 0:33.5 | So my family, I was living in Los Angeles, California. I sold my home. |
| 0:39.4 | And with the profit, I was able to purchase a home outright in what we live in to Sammy Florida where I took a position that now has doubled my income. |
| 0:51.3 | Fabulous. |
| 0:52.3 | So if you have a paid for housing, a doubled income, see a California. |
| 0:58.2 | So we are really needless to say we feel incredibly blessed. |
| 1:02.3 | Yeah. |
| 1:02.8 | But the problem I'm having right now is, you know, we with the home, we still have about $100,000 left over. |
| 1:09.8 | We have about 150,000 between cash in the bank and we also invested in gold. |
| 1:15.3 | But my problem is my new employer, we don't have a 401k and I don't qualify now for a loss. |
| 1:22.6 | So I'm kind of getting a little nervous as far as what's the best way to grow my money. |
| 1:28.3 | I'm 30 years old right now. |
| 1:29.8 | So let me get this straight. You're 100% dead free. You don't know on your house. |
| 1:34.9 | You doubled your income. |
| 1:37.6 | I don't think there's anything to be nervous about except where we're going to throw the party. |
| 1:41.8 | I mean, you are really doing it. This is great. Good for you. |
| 1:45.8 | So not to not to make light of you or anything. |
| 1:48.8 | Dave, I might be wrong, but she's she buy a bunch more gold. |
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