Dave explains why it is a better idea to buy Mutual Funds over stocks.
Dave explains why it is a better idea to buy Mutual Funds over stocks.
Tags Dave Funds Mutual Ramsey Stocks
What’s the right attitude for Entrepreneurship? This serial entrepreneur might be your angel in disguise! …
SILVER SILVER SILVER SILVER>>>>PAPER
AT&T, GE, IBM, all loosers right ?
I have two separate accounts for mutual funds, one is just growing for
retirement at about 12% on average the other is a dividends generating fund
and it only gains about 6% (still awesome I think). I got the second
because I didn’t want to get to retirement and then question…what do I do
with the money I have saved? Both have been very stable. They are WELL
worth the investment.
Invest in the 3 B’s…Beans Bullets, and Bandages. When the shit hits the
fan, these will be the most valuable currencies above gold or anything.
Here’s some advice, don’t follow anyone’s trading or investment advice
unless they are willing to show you their investment returns. Dave, can you
show me how you consistently make 8% return per year in mutual funds and
ETF’s? I would love to see you prove what you say is possible…talk is
cheap.
@jeffsfordf350 nah I started buying gold and silver in 2001. I must be a
genius I outperformed the S&P (being sarcastic). I do believe stocks will
go up as the Municipal/Federal Bond market implodes..rates have nowhere to
go but up then bond prices must go down. But I stay out of the market
myself.
Finally made it to chapter 8. almost done.
Take your broke, poor, idiotic immaturity somewhere else! Those of us who
are thriving because of what Dave teaches will continue to prosper!
mr ramsay is absolutely correct, think about it the poor folks who worked
at Enrin got burned by their own company. All it takes is for some CEO to
do something stupid and your money is gone ins miliseconds because of high
frequency traders who get better information faster than you,
Just a question…How many of you are millionaires? Oh none….. ok.
You apparently don’t understand Mutual funds. you say the fund managers are
the only ones who make profits? Baloney! If I invest say $100 a month and
do DOA (Dollar cost averaging) and get an average rate of return on my
money of 10-12% (12% is the avereage for the stock market over the long
term) do you think I will be complaining that the fund manager gets paid
for what he does? No! Follow the rule of 72! My money will double every six
years!
@AceTracer – Even if you were to get an 8% annual return over the next 20
years in a Mutual Fund, it wouldn’t be able to keep up with the hidden tax
of inflation and taxes. But Dave Ramsey doesn’t talk about that does he…
do not listen to this old fart. mutual funds are the worst idea ever. get
educated and buy single stocks. this guy is a joke
If you are looking for a GUARANTEED investment that pays you TAX-FREE
income, please call 917-385-7820 for a free personalized assessment
@MadDogAM So what would you recommend as an investment instead?
Get the gist of the differences between open- and closed-end mutual funds
from Khan Academy.
By increasing dividends paid, you increase the yield turning it into a more
value driven investment. When an investment has a high dividend payout, it
becomes a more attractive investment to purchase since at any time over a
fixed period, a fund that pays out higher dividend will have a lower NAVPS,
which basically means that more shares can be purchased as opposed to a
fund manager that keeps expanding their retained earnings; that would be
called a growth strategy
What are some examples that would cause a fund manger to dish out
dividends?
Damn i love how u explain it thanks
too many shares for those capitals X) you don’t want to be
“dethroned”,dontcha ? X)
i think i’m in love
OH, if only things were so simple. Tax incentives and eroding money have
supercharged the stock market and nearly everything is over valued and most
of the stocks aren’t even paying dividends anymore.