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Ramsey Everyday Millionaires

You Guys Need to STOP Monkeying Around With This Stuff

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 6 August 2021

⏱️ 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, Christy Wright, Rachel Cruze, and John Delony.

Transcript

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0:00.0

You're listening to Ramsay every day millionaires where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:14.1

Brooke is with us in Las Vegas.

0:15.9

Hi, Brooke.

0:16.9

Welcome to the Ramsay Show.

0:18.5

Hi, how are you?

0:20.8

Better than I deserve.

0:22.2

What's up?

0:23.2

So, I just have a quick question.

0:26.4

I am a business owner.

0:28.0

I think about two years ago opened up a Roth IRA.

0:33.1

I've funded it as a max each year, but we'd like to start investing.

0:38.1

My husband has a separate 401k plan through his company, but we'd like to start investing

0:44.0

more, you know, up to the 15% is not more.

0:47.2

And I'm wondering once I maxed out both those who are Roth, what kind of account to open

0:52.0

max?

0:53.0

We have a brokerage account, but I am wondering if there's a better solution as far as tax

0:57.8

wise than you go to pull out the money.

1:00.4

Okay, you shouldn't.

1:03.1

I would not be doing anything at a brokerage account until you get to 15%.

1:07.5

How much is in your brokerage account?

1:09.6

I think close to anywhere from, I think, 50%.

...

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