Dave Ramsey says not to invest in single stocks or cryptocurrency

ORDER_66

I dont care anymore 2026
Joined
Feb 2, 2014
Messages
148,378
Reputation
16,589
Daps
589,583
Reppin
Queens,NY
You been talking about next year a lot breh :patrice:, what you got up your sleeve?

I just got in early on alot of good cryptos that's all this year should be the breakout year for them... :wow: alot of hungry nights, achy feets, back aches and working check to check sacrificing gonna finally pay off... :mjcry:
 
Last edited:

Originalman

Veteran
Supporter
Joined
May 15, 2014
Messages
47,127
Reputation
12,220
Daps
204,864
Anyone who has followed dave knows he gets an A for strategies to get out of debt and an F for investing.

Second to say don't invest in an ETF (such as SPY or VOO both S&P 500 etfs) and instead investing in mutual funds. Is like one of the worst investing advice you can give someone. Investing in a S&P 500 ETF is one of the safest and smartest investments you can ever make in the stock market. You invest in the S&P 500 guarantees you a high safe return with 100 years of historical data to back you up.

You invest a nice chunk of your income in SPY or VOO for 20 or 30 years you guaranteed to have a lot of money in the end. Its fool proof without high ass mutual fund fees.
 
Last edited:

Originalman

Veteran
Supporter
Joined
May 15, 2014
Messages
47,127
Reputation
12,220
Daps
204,864
The data says most people won’t be able beat the market picking individual stocks.

Yep most folks lose out cause they don't break it down using the 50, 20, 20 run. They ignore blue chips to balance out their portfolio and go all in with stocks that don't have history or even penny stocks. That's why folks lose they asses when buying individual stocks.
 

ORDER_66

I dont care anymore 2026
Joined
Feb 2, 2014
Messages
148,378
Reputation
16,589
Daps
589,583
Reppin
Queens,NY
Invest in crypto now and NFTs and all that shyt. By the time everyone gets on it (like old people like “maybe we should buy some Bitcoin” and kids who are 10 years old now) you’ll be able to dump it on them and make out like a bandit

First movers advantage :banderas:

:mjlit::mjlit::mjlit: that's the plan
 

alpo

Dade County carol city
Supporter
Joined
Apr 30, 2012
Messages
15,594
Reputation
135
Daps
35,995
Reppin
Carol city
Listen to cac Ramsey brehs…

funny how that report saying crypto has opened up financial opportunities to black and brown folk who making millions off Crypto.. so of course this cac would say don’t invest in it :mjlol:
:what: Who is this brown people y’all talking about?
 

NinoBrown

Veteran
Joined
May 6, 2015
Messages
17,632
Reputation
5,570
Daps
81,643
As long as you are young and have the funds to invest in crypto, go for it. Who wants to wait 20-30 years for a return in traditional investment platforms where crypto can get those gains in 2-3 years? Hell 2 to 3 months in some cases.

I invest in crypto, stocks, for short term growth, long term is a pension, roth, and some mutual funds...

Funded by my career in tech and music...I'm good overall and willing to take big risks for big gains...
 
Top