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Ramsey Everyday Millionaires

Where Should I Be Investing?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 1 November 2023

⏱️ 4 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, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is sponsored by Smart Vestor.

0:07.2

Connect with an investing pro for free at RamseySolutions.com slash invest.

0:15.2

You're listening to Ramsey everyday millionaires, where we talk investing, retirement, building

0:19.7

wealth, and outrageous generosity.

0:22.9

Maria is in New York, hi Maria, welcome to the Ramsey show.

0:26.2

Hi, thanks for taking my call.

0:28.2

Can you hear me okay?

0:29.2

Yes.

0:30.2

What's up?

0:31.2

Okay, so I started listening to you guys about a month ago and I'm on baby step four.

0:37.6

So I currently attribute 10% to my employer's Roth 401k, which is the maximum to get the

0:44.1

match.

0:45.1

So I want to increase my and my question is, should I contribute more to that Roth 401k?

0:51.4

Should I contribute to a separate IRA?

0:54.0

Are the options inside your 401k good options?

0:56.8

They're pretty good, yeah.

0:59.1

Well, that's not exciting.

1:00.1

Yeah, they are.

1:01.1

I mean, if they've got good long-term track records, yes, just increase your, not above

1:06.1

your match and get to 15%.

1:09.2

If not, then you can go open an individual Roth IRA with a Ramsey Smart Vestor pro, click

1:14.1

Smart Vestor at RamseySolutions.com, find the people we recommend for investing.

...

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