The Best Way to Invest Your Money

Thanks for joining us, we're glad you're here, you know, there are two things when I talk about

invest

ing with people who say, well, no one can beat the market. I'm only going to

invest

in index funds. I read a book and I read an article on the Internet, now everything on the Internet is true. Abraham Lincoln said think about it, it will occur to you later. The other is that people say you can't beat the market and that investing is too complicated. investing is intimidating investing people are intimidating I feel 2 inches tall when I talk about investing it's intimidating well the second one is true it's intimidating but it shouldn't be, it's really not that complicated and when you sit down with someone who really knows what The twist they are doing can help you put the cookies on the shelf where you can reach them.

That's called a teacher and you don't understand about mutual funds and you understand about the history of a mutual fund and that's how I started. investing for many years I know there are many people who have opinions about my investment advice, but I have millions upon millions of dollars in mutual funds. I wonder how it got there, it must have been that I understood something about that

money

. It didn't appear there I didn't win the lottery I was broke at age 28 I'm 57 so what happened during that 30 year period? Well, I used the investment principles I talked about here on the air.

I'm not telling you to do something and then do something different. I do what I tell you to do. Oh, and by the way, it worked for me and many others. Many millionaires called about the millionaire issue. The hours say that David left. I loaded my 401k with all four types of mutual funds. I loaded my Roth IRA with four types of mutual funds and here I am 20 years later and I'm a millionaire thank you and I get it all the time so apparently what we're teaching works and it's not that complicated and my mutual fund pools have outperformed to the market.

Simply choose mutual funds that have outperformed the S&P. It's really not rocket science. Not everyone has outperformed the S&P. Many of them don't. more than half passed, but don't pick one that doesn't, it would be better to do that, but I mean, you know it's like some of you are sitting at the racetrack and betting on horses. I don't just bet on horses. because I don't know anything about it and I don't play because I don't like losing

money

. I work too hard for that, so if you're sitting there, I once went to a racetrack or racetrack. when I was young and they told you, you know this horse has never won a race, so bet on that stupid one, you know this horse won the last three races, oh, I could probably bet on him, you know, that's all you are What do you do when you're choosing a mutual fund?

Did it beat the market? If it didn't beat the market then don't choose that mutual fund it's not rocket science that horse hadn't won a race don't bet on that horse why is this? difficult, it's not difficult and this idea that you have to do what's called passive investing and give up and say, well, you can't really beat the S&P Dave Ramsey doesn't know what he's talking about, no, I mean, I took my stuff out on another day and I looked at it, let's look at everything I have written here just because I don't have it all, memorize it here oh, the mutual funds I've personally invested in, the four types I talked about over the last 40 years, I've averaged 13 .4% you can't get 12% of

your

money.

I know I got 13 right and the S&P during that time averaged eleven point eight one percent, which is really about twelve stupid people in thirty years. My investments average eleven point three the S&P averages ten point eight nine, so outperform the S&P on the 30th on the 40th outperform the S&P on the 20th on the 10 year outperform the S&P uh, imagine then, as I did? I pick four mutual funds that beat the S&P I pick horses that win the race, I mean you look at the history and it has a little graph there, it has an S&P line and if

your

mutual fund you're looking at lines that are not above of this Soompi line on the chart, You're looking at the wrong one, choose another one, why would you bet on a horse?

I don't want to run, this really isn't rocket surgery, people, I mean, think about it, it'll get to you. Wow, so how do you do it right? sit down with someone who knows what they're doing and teaches you about mutual funds and that's how we came up with a smart Buster Pro idea that we implemented to help people who don't have a lot of money and don't know anything about it and I feel intimidated, but then the Internet comes along and lies to you and you can't do that. Oh, really okay, maybe you can't, but I can and I have, and the result has been millions and millions and millions of dollars. many millions, by the way, it worked well.

I am having fun. Life is good, so if you're ready to do this, you'll want to sit down with someone to look at your financial situation and help you invest. you are in the fourth step you are ready to start you want to be a millionaire you want to live like no one else so you can then live and give like no one else so you can retire with dignity and not have to buy that cookbook 72 ways to prepare Alpo and I love it you know , rich people hire rich people it was not an accident they did not become rich you reach retirement see how that happened where it came from that they are not surprised they know exactly where that money came from it was an intentional act year after year month after month check paycheck after paycheck deducted from your 401k Roth IRA in good mutual funds year after year after year after year after year it's just not sexy it's not a fish story to tell on the golf course it's just the turtle, he just keeps walking, it's ugly, he just keeps walking, it's ugly and no one notices, but that's how you become a millionaire, what all the data points tell us, so Dave Ramsey's other communicator clicks in smart.

Investor I am not in the investment business. I don't give a damn if you invest or not. I'm here to teach you, but I'm getting a little tired of the trolls on the internet talking about how stupid they are. Dave Ramsey's investment advice is when my net worth is in the tens of millions of dollars, I must be doing something right other than just selling books. Yes, I sold a lot of books, that's where some of it came from, for sure, but most of it came from investments. You guys, in real estate that I paid cash for and in good mutual funds, see if you put money at the bottom of the market when the market was sixty nine hundred and sixty four hundred, whatever it was at the bottom, except for the crisis, the great crisis of 2008, do you remember when the world came to an end if you put money there and what is the Dow today twenty-four thousand what is six thousand to twenty-four thousand is that four times you think you are fast with your second degree ?

The math is that four times, so if you put a million dollars on the bottom, what would you now have four million dollars? This is not difficult, but you see the stock market, you have to learn, people, you have to learn what it really is. It's happening in the real estate world and the investment world, if you want to have money the CD won't get you there, it's a certificate of depression, it pays less than 1% in most cases, if you got a very good one is a time and a half fast, so click on Smart Wester at Dave Ramsey comm, enter your information and a list of Mister's smart professionals will drop down, the people we recommend in your area, they will sit down with their hearts from a master and calmly show you mutual funds that beat the market and will simplify the supposedly complicated process where you understand it and when you understand it that only then you know you are investing don't do it because I said it only then this is chef dave ramsey