REMINDER: Make sure to subscribe, because I have a full 1.5 hour long podcast posting this weekend with Dave Ramsey and George Kamel: th-cam.com/users/TheIcedCoffeeHour
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks
“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you Graham! Have been waiting years for this. You got me started on this journey back in 2017. I watched you make a Dave Ramsey video then I started watching Dave Ramsey. So proud of you as well as I know you would of been itching for this. Next time I hope it’s on iced coffee hour.
it's awesome that Dave Ramsey can have that conversation with your and still give you accolades on your ways even if you don't do it the way he would. Much respect to both of you.
It’s amazing to see you two come together for this. I’ve watched you both religiously for the last number of years. What an incredible moment. Congrats Graham.
Hoovie commenting on a video of Graham Stephan talking to Dave Ramsey is like running into my best friend, coworker and dad having lunch without me being invited.
@@GrahamStephan you shud interview mr money moustache .... I am from india .... Ive been following his blog from 2016 ... I also read Early retirement Extreme from past 5 -6 years n the irony here is that I'm still broke 😜😜😜😜😜
The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.
For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
He’s always been sensible, it’s just that head been dealing with a lot of senseless financial decisions people make daily so it’s hard to have him talk on this level frequently.
Usually his detail investment advise is bad. That has always been my biggest problem with him. However this was great advice. So I have revised my opinion. I think he just gives horrible advice on tax planning and stock investments. His real estate and concentrating on what you are good at is great investment advice.
@@VGFightSchool Yep, I second this. This is the Dave Ramsey who speaks to people who understand finances. The Dave Ramsey that makes the news is the one speaking to people trying to get a 7% mortgage on a trailer home co-signed by their mom.
FPU, including the baby steps, is for people with an infantile understanding of budgeting and finance. I'm not saying that to be mean; we've all been there. It is just a matter of what stage you begin to learn. Some people will never graduate beyond the baby steps, and that is totally fine as long as it facilitates the mitigation of financial risk and helps accomplish long-term goals. Dave is a smart guy; he develops and markets this material to a certain audience. For the most part, he hits that target and provides a valuable service for the market he targets.
The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
I saw this and about cried with how kind and gentle Dave is. He has such a kind heart but he is a rock because he knows his ways works for the every day person. This is absolutely fantastic and I wish I had seen it sooner.
You know you’re doing something right when Dave Ramsey doesn’t criticize you. Amazing opportunity Graham, and congrats on all your hard work. Really awesome to see this. Cheers
@@alrbredwall - Good point. However Dave offered Graham lots of praise for his achievements, and seemed to have respect for his hard work. Then again, Graham isn’t the typical guest on the show that’s in heavy debt. So this is more of a mentorship chat, which is pretty cool to see. Very different exchange from the common “tough love” were used to hearing from Dave.
@@TheBrazilRules he also mentioned that with all of the leverage against him he should have more cash to protect himself if he isn't going to pay off the debt all at once
I really like both of you guys. You’re both mature, smart financial minds, and this was a fantastic meeting of those minds. This could be a seriously successful series.
The fact that he's got 3/4 of his debt covered in cash and has a ton of investments that he could liquidate really fast, is probably what made Dave so comfortable with that debt. It is Wild to see how much money/assets Graham has! Good for him.
LOL, that's because its all BS. People are so incredibly gullible these days. I bought my house for $250k, but now its worth $18T. All I owe is a $20T mortgage on it. I'm a genius! LMAO. Seriously, though, the only thing this guy owns is debt. Seen this a million times.
It's because he makes so much from his TH-cam (Over 100K per month)... so he's been able to roll it all into the properties... he tells you about real-estate, gets 5x his real-estate money from TH-cam, rolls it into his portfolio, then tells you about his new portfolio and looks like a real estate genius lol
@@KungPowEnterFist It's BS if you think real estate appraisals and valuations are BS - do you think his properties are not appraising for what he's noting here? Look at similar-sized lots in Vegas? Or is your point that he is pyramid-scheming his properties with all the cash-out refinances?
@@KungPowEnterFist You understand those are all renovated properties, right? Bought for little, fixed and renovated, sold for top dollar, or rather appraised and rented out at this point. It's only BS if you're ignorant. The housing market has been absolutely ridiculous the last few years. There's always the haters that think absolutely everything is fake. 😂
Graham, it was very kind of Dave to do this video with you! These kinds of collaborative/discussion style videos rock. Really great to hear Dave's perspective, always been curious, and not surprised by his overall assessment.
My biggest irk with ETFs is the lack of optimization;changes in any given stock in the ETF can drag your portfolio down. While dividends can provide immediate income, the true power lies in the compounding effect over many years. But in general, I think the stock market isn't showing any sign of slowdown and I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing. I sccheduled a caII
Truly, it was a great conversation. I enjoyed the relaxed manner. Just two guys talking. They were so comfortable, it was like they were sitting at the kitchen table. One friend to another.
This was amazing!. I've always admired Graham so much with the way he both completely admires Dave Ramsey so much that the cat is named after him while having opposing views about debt and credit cards. Congratulations Graham on meeting and talking to the one and only Dave Ramsey. I thought this was just going to be entertaining, but I really learned something. One of my tenants want to buy their rental and I never thought about doing a 1031 exchange with the option of just paying taxes if I don't find something. That's such a stress free way to go about selling while having options. I'm looking forward to the podcast.
This is almost a discussion between two financial guys from two different parts of their lives. Really good episode! Like they say, the young guy knows the rules, the old guy knows the exceptions!
Graham, this is the content we need! I know it's just business to post those headlines or "crashing market" videos, but this is the content that I think a lot of us came around for. This type of content may take more time to make, but it hasn't gone to waste!
So cool you got to sit down with Dave Ramsey. I’m so used to seeing him bash people who suck with finances, funny to see how overall positive he was. hope to see a follow up video someday on how you did by taking or not taking his advice.
Love how humble you are and genuinely interested in providing the best and most authentic side of you to your audience. “I think this Graham guy is going places”😅😂
I never added a comment to Graham's videos before, but I thought I needed to on this one. Graham is one of my all-time favourite TH-camrs, as he is highly gifted, knowledgeable, humble, and extremely successful in life. As a South African, I feel that there are a lot of investment principles I can and have applied myself by following the channel. So I want to thank you for the value you add.
@@GrahamStephan Dave Ramsey did say one thing wrong... "there are no secrets of the rich." Actually there is one. It's the one and only thing you need to be rich and it's in all books or lists of secrets of the rich... Often called "live below your means." The only way to get rich is by reducing your spending on consumer goods and increasing your spending (investing) on capital goods. You have to reduce your lifestyle and not live paycheck to paycheck. There's an economic proof for this. It's called the production possibilities frontier. So think of yourself as an economy. To grow your personal economy you have to increase your ppf.
They have respectfully criticize each other for years. Both with different experiences about debt, both successful and both sticking with their principles. I love this collab.
I listen to Dave a lot, and this is the most reasonable and chill I’ve ever seen him. You have millions in debt, yet he didn’t jump down your throat. This was such an upgrade from the reactionary Ramsey we all usually get.
This was actually incredibly refreshing to watch. It’s nice to see Dave look at and accept debt from a logical standpoint while still holding true to his beliefs around it. I never thought I’d see the day that Dave accept someone having debt as part of a risk balanced portfolio
He always has - people dont understand or actually listen. DR is saying that the baby steps are the fastest and SUREST way to build wealth. He has never said it is the ONLY way. It is his way and if people call and ask for advice this is the response you will always get 1-7.
This is how my financial advisor has always been - if the debt is affordable and low enough interest, he always recommends investing for a higher return, and letting the debt slowly work off instead of lump-sum paying it off. Like a house loan, which is usually lower % than what you can make investing $100k+
There is a difference between Graham having debt as part of his business and using it logically/mathematically while making money on the properties vs a couple living in house with two jobs and overbuying something they aren’t using to make money on but to live in… totally different types of debts. Not you specifically but I have seen many peoples’ criticisms about his anti debt and baby step philosophy as too hard core but that’s the only way for the average non business minded person to really do well. KISS. Keep it simple stupid. He is also not wrong, paying off the debt would just eliminate all risk for graham and let him continue to build cash with no debt to become his “own bank” for the next property. As Dave said, he didn’t make his money leveraging rates but rather finding and making good deals.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $770k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Great discussion love hearing two opposing opinions on the opposite ends of the spectrum and being able to sit and meet in the same room and have a civil discussion. THIS is what both of your subscribers are looking for. Also it’s what we need in our country
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
the fact that you have him in your network and you are able to speak to him about this is dope! Great convo you guys had here and I loved his input. Great stuff! Keep it up, man!
I love how calm and encouraging Dave was in this clip.. it's almost as if he saw a younger version of himself in you. haha congrats to finally getting on the show Graham!
this was one of the most wholesome, informative and entertaining videos I’ve ever watched. Two SUPER powers!!! Excellent and down to earth conversation. Thank you so much for doing this and for everything you do!!!!
Dave seems like a down to earth guy in this verse what he does. There was no yelling or biosturess animation. It was like you guys were just two Joe in a coffee bar.
This was an awesome discussion. Leveraged and sophisticated investor and tried and true Dave Ramsey principles. Just goes to show nothing is cut and dry and once youre a good money manager, you can make big things happen.
Put a smile on my face seeing someone you value their insights and teachings, and showing them your labor influenced by them. As a teacher in just a middle school setting, the moment is priceless! Congrats Graham!
When Dave teaches people how to handle debt and money, he is talking to the bottom 80% of people that don't pay their credit card bills off every month or have other bad habits with finances. For most people his practices would serve them well. Congrats Graham, very cool moment for you man!
100%. I took one of Dave's classes 10-ish years ago, and I'd recommend his advice to anyone with credit card debt in their 40s. It's terrible advice for anyone trying to get into the top 10% in their 20s. Best thing about Graham is that he gives good advice everyone instead of a single approach to investing.
No he is talking to everyone. The getting out of debt due to bad financial habits is only a small portion of the baby steps. The investing applies to everyone.
I’ve been listening to Dave since he started out on the radio in Nashville. This is the calmest I’ve ever seen him when talking about debt. I think the key thing that makes the difference that didn’t come up here is what Dave always points out about debt for most people being a behavior problem rather than a math problem. I look at leverage the same way you do, Graham. I think the average person that Dave talks to hasn’t proven that they can behave well with debt. You clearly have. Well done!
I’m pleasantly surprised at Dave’s diplomatic way of speaking. He comes across as preachy in his show but he really knows how to talk to a person who potentially has an opposing view and just calmly speak his mind without being disagreeable.
His show is catered to people who can't control themselves. Specifically they can't control themselves with accumulating consumer debt.. When he gets in the room with someone who understands what's going on, this is who is usually is.
@@DarinPirkey He might "think" that is his audience... but those people won't be reached by ugliness. His actual audience are people who are just as ugly-minded as him... so they can have nasty attitudes about "others". If he carried the attitude he had in this video ALL the time, he'd actually reach the people he claims he wants to reach... but his viewership would go down.
Omfg! LibertonCorp turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
Suddenly I feel better about my own wealth building position which is almost dead center in the middle between you and Dave. Thank you so very much Graham. Your transparency is inspiring.
This was a good convo. Appreciate y’all’s maturity and keeping it cool on both ends. Also, Graham, you are crazy gifted man, it’s so obvious you have those gifts and a humble spirit to carry others with you. Keep crushing
Keeping it cool? As if there was a need to bicker. When two open minded people can sit down and have a conversation this is the result unless you mistakingly viewed one or both parties as being incapable of having a civil conversation. You act as if this was going to be a talk between Trump and Biden.
You’ve come such a long way Graham!! I’m so thankful for each video of knowledge you’ve uploaded. I’ve been faithful to you & the algorithm since 80K subs
I've been watching Graham for years and he constantly has brought up Dave Ramsey, he's the one that introduced me to Dave Ramsey and his principles. Both Graham and Dave have been inspirations for me in the financial world, and it's great to see Graham finally meet one of his heroes.
It is so interesting to see different perspective from Kevin O’Leary and Dave. Kevin commented you should not have a heavy real estate portfolio and should diversify whereas Dave said you should focus on what you do the best: ie Real Estate. Would be very interesting if you extended yourself into commercial real estate.
Back in those days? He had to because of those extremely high interest rates in the 80's. Some times these strategies work but not always. I assume people know there is a level of gambling here
@@nicholaspetitt1606 I read the other day that banks often include a clause in loan agreements that they can call a loan due early. I wonder how often this is in loan agreements.
Graham is doing nothing like what Dave was doing (in terms of real estate). Dave was doing 100% financing with callable loans when the banks called his loans and he got caught with his pants down. Graham, and most real estate investors I know, are not taking on that type of risk. If you look at the population (hint it continues to grow) and you look at new home builds over the last 10-15 years (hint it has not kept pace with out population growth), it's pretty obvious that low interest fixed rate mortgages in a place like California (hint desirable place to live with high income earners) is a really safe play. The rental market will be very strong and, while we may see the housing market go up and down there, rentals are a very safe bet.
"What I noticed about people that are worth more than 20 million dollars is that most of them find something they like, and then they do it a lot." ~ Dave Ramsey
Yes stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
Very interesting to see how Dave is more flexible and open minded in his thinking here. He definitely tones down his usual tropes and makes them seem less dire. I guess he has a lot of faith that you’re managing the leverage well!
Agreed. He is for beginners. Plane and simple. And there certainly is the benefit of additional security when you reach a point and decide to permanently be debt free-even if that slows your growth down for a brief time.
I plan to retire in Feb 2023 at 57 after 36 years in Telecom as a sales engineer. My wife will retire in Jan 2023 and she' s loving life! with the current inflation hike, looming food crisis, all institutions predicting recession to be brutal. walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition
@@colbyryann2665 I'm a working class mom concerned for the future in all aspects of where we all going, in this breath finances. Building the nest egg to living from the nest egg is a scary proposition . Please how can i reckon with such skillset? i want to grow my emergency funds of roughly €34,000 advantageously
@@colbyryann2665 Katherine really seem to know her stuff. I found her reachout-page after looking her up, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her . Thanks Colby. I commend this
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
“Sharon Lee Peoples”’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
You just made me love Dave Ramsey that much more. He truly has the heart of a teacher and even when you are showing things he would never touch he gives positive feed on it. Love that.
This was so motivating to watch. Congratulations graham, you’ve worked hard and deserve all the success you’ve gotten and will get in the future. I’m sure people watching this will strive to achieve what you have achieved and we need more people like you to teach us what the school system will not.
First time I hear Dave agreeing with someone about money lol. I think he agrees with millionaires very quickly as long as you don't have money problems or income problems. Since 90% of the callers are people with enormous amounts of debt and in deep trouble, he doesn't negotiate! Loved the video!
I'm not experienced or gifted in real estate, yet, but Dave Ramsey has helped me greatly improve my financial life. I am so grateful to him. Now I'm learning from you, Graham, and others to get until real estate. It's cool to see you two chopping it up.
REMINDER: Make sure to subscribe, because I have a full 1.5 hour long podcast posting this weekend with Dave Ramsey and George Kamel: th-cam.com/users/TheIcedCoffeeHour
I also have a second video going over Dave's portfolio - it's insane. You won't want to miss it.
Listen to Dave! Invest in more Real Estate Graham it makes for amazing content and you’re incredibly good at it. Much love from a longtime supporter
Dude huge props for getting Dave to chat the way you did. I don’t think I’ve ever seen “real Dave” this way before
What???? Can't wait!!!
@@GrahamStephan 2 v
Never meet your heroes: unless it’s Dave Ramsey
Dave Ramsey is allowed
I met myself and it was everything I ever imagined.
Andrei Jikh 26 minutes late to the party!!! Haha 🤪🎉
Who has Ramsey as his hero
Or u
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Scammers watch out
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks
“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Thank you Graham! Have been waiting years for this. You got me started on this journey back in 2017. I watched you make a Dave Ramsey video then I started watching Dave Ramsey. So proud of you as well as I know you would of been itching for this.
Next time I hope it’s on iced coffee hour.
So happy to help, man!! Thanks so much! We have a podcast posting maybe tomorrow or Sunday!
it's awesome that Dave Ramsey can have that conversation with your and still give you accolades on your ways even if you don't do it the way he would. Much respect to both of you.
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
It’s amazing to see you two come together for this. I’ve watched you both religiously for the last number of years. What an incredible moment. Congrats Graham.
thanks!!
Great advice, I love the “Be you” advice especially. True that!
I would probably give Dave Ramsey a stroke if I showed up in his studio with my Portfolio on an iPad.
That would be great entertainment though!
Dave Loves cars too though so he might not freak out as much as you think
Mine would probably be closer to the every day people that he yells at. Except I'm not in debt to my eyeballs.
Hoovie commenting on a video of Graham Stephan talking to Dave Ramsey is like running into my best friend, coworker and dad having lunch without me being invited.
“All it’s done this year is go down!”
Congrats Graham! I’m sure this was a huge personal moment for you collabing with Dave. Well deserved man! Keep it rolling!
Thanks a ton!
@@GrahamStephan Nice to see your collab with Dave Ramsey. What was it like meeting him and his staff?
@@davidfunvideosyou are not worthy of Graham’s response!
@@matto6019well aren't you just a sweet guy
Possibly the greatest collab in finance youtube history
ah thanks!
And IMMMMM here for it yall
@@GrahamStephan you shud interview mr money moustache .... I am from india .... Ive been following his blog from 2016 ... I also read Early retirement Extreme from past 5 -6 years n the irony here is that I'm still broke 😜😜😜😜😜
The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.
For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Mind if I ask you to recommend this particular coach you using their service?
She's known as “Rebecca Nassar Dunne”. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This is probably my favorite video you've made in a long time. You both have been very influential in my life.
It really was - and even better, I have another video with him posting next week! Making it a slightly longer version, seems like people want more!
@@GrahamStephan Absolutely!!
This video was great! I thought it was click baiting from Gharam but so happy I watched.
Graham will you be on his channel as well?
@@mhypark he already was a few days ago.
Former FPU host. This is the most sensible I’ve ever heard Dave Ramsey in my life. Love that you guys had this convo.
Ruslan!
He’s always been sensible, it’s just that head been dealing with a lot of senseless financial decisions people make daily so it’s hard to have him talk on this level frequently.
Usually his detail investment advise is bad. That has always been my biggest problem with him. However this was great advice. So I have revised my opinion. I think he just gives horrible advice on tax planning and stock investments. His real estate and concentrating on what you are good at is great investment advice.
@@VGFightSchool Yep, I second this. This is the Dave Ramsey who speaks to people who understand finances. The Dave Ramsey that makes the news is the one speaking to people trying to get a 7% mortgage on a trailer home co-signed by their mom.
FPU, including the baby steps, is for people with an infantile understanding of budgeting and finance. I'm not saying that to be mean; we've all been there. It is just a matter of what stage you begin to learn. Some people will never graduate beyond the baby steps, and that is totally fine as long as it facilitates the mitigation of financial risk and helps accomplish long-term goals. Dave is a smart guy; he develops and markets this material to a certain audience. For the most part, he hits that target and provides a valuable service for the market he targets.
The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
investment requires good coach and knowledge to carry out a good and successful trade,
This was fantastic
It was so cool to see you guys together! You two make up 90% of my financial knowledge base!
woohoo!
I saw this and about cried with how kind and gentle Dave is. He has such a kind heart but he is a rock because he knows his ways works for the every day person.
This is absolutely fantastic and I wish I had seen it sooner.
Dave would have treated this person much differently on the phone.
@@stephenparsons6011 100% he would have ripped them apart. This is all just PR face for Dave here.
He's not so kind if you're a single, pregnant woman.
Graham I appreciate you always being consistent through the years. Finance TH-camrs dropping like flies.
I just love making videos!
@@GrahamStephan This is not a normal financial crisis, but the change of the civilization. Meta in Hebrew = death
@@GrahamStephan & money!
they should because many are creating false expectations
@@GrahamStephan We appreciate your drive, tenacity, and perseverance. Your content keeps us coming back for more. We are grateful.
You know you’re doing something right when Dave Ramsey doesn’t criticize you. Amazing opportunity Graham, and congrats on all your hard work. Really awesome to see this. Cheers
Did you watch the same video? Everytime he says "I personally wouldn't do anything like that" is him essentially saying that is not a great decision.
@@alrbredwall - Good point. However Dave offered Graham lots of praise for his achievements, and seemed to have respect for his hard work. Then again, Graham isn’t the typical guest on the show that’s in heavy debt. So this is more of a mentorship chat, which is pretty cool to see. Very different exchange from the common “tough love” were used to hearing from Dave.
He most definitely criticized 😂
Pretty much the only criticism was he not being diversified. And he must rush since we are probably gonna see the real estate market crashing soon
@@TheBrazilRules he also mentioned that with all of the leverage against him he should have more cash to protect himself if he isn't going to pay off the debt all at once
I really like both of you guys. You’re both mature, smart financial minds, and this was a fantastic meeting of those minds. This could be a seriously successful series.
Ramsey scammer
Dave Ramsey is not mature I'm older than you - I'm Dave Ramsey
realy!1 o yes..2 type of roooling bissness man..sucesful!
its incredible that Graham is this open. no one can stop someone with this level of honesty.
This is insane you got to do something like this together. Collab I’ve been dreaming of.
Absolutely!
@@bannertraveller5879 We grew up in different times. Credit cards are for suckers.
@@bannertraveller5879 How many hours did you put into that mess? People with money don't worry about $800.
@@bannertraveller5879 I'm worth several mill and don't care about $800. Bye.
@@bannertraveller5879 I'll send you $10 since you think it's a lot of money. What's your venmo?
Dave's advise is straight forward and simple. Perfect for busy people with families and full time jobs.
The fact that he's got 3/4 of his debt covered in cash and has a ton of investments that he could liquidate really fast, is probably what made Dave so comfortable with that debt. It is Wild to see how much money/assets Graham has! Good for him.
LOL, that's because its all BS. People are so incredibly gullible these days. I bought my house for $250k, but now its worth $18T. All I owe is a $20T mortgage on it. I'm a genius! LMAO. Seriously, though, the only thing this guy owns is debt. Seen this a million times.
@@KungPowEnterFist how's it BS?
It's because he makes so much from his TH-cam (Over 100K per month)... so he's been able to roll it all into the properties... he tells you about real-estate, gets 5x his real-estate money from TH-cam, rolls it into his portfolio, then tells you about his new portfolio and looks like a real estate genius lol
@@KungPowEnterFist It's BS if you think real estate appraisals and valuations are BS - do you think his properties are not appraising for what he's noting here? Look at similar-sized lots in Vegas? Or is your point that he is pyramid-scheming his properties with all the cash-out refinances?
@@KungPowEnterFist You understand those are all renovated properties, right? Bought for little, fixed and renovated, sold for top dollar, or rather appraised and rented out at this point. It's only BS if you're ignorant. The housing market has been absolutely ridiculous the last few years. There's always the haters that think absolutely everything is fake. 😂
Graham, it was very kind of Dave to do this video with you! These kinds of collaborative/discussion style videos rock. Really great to hear Dave's perspective, always been curious, and not surprised by his overall assessment.
My biggest irk with ETFs is the lack of optimization;changes in any given stock in the ETF can drag your portfolio down. While dividends can provide immediate income, the true power lies in the compounding effect over many years. But in general, I think the stock market isn't showing any sign of slowdown and I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing. I sccheduled a caII
the stock market isn't showing any sign of slowdown? ll
This is beyond cool. Hearing Dave speak to someone who he knows is a financial guru and talk at a higher level was awesome.
thanks!! agreed!
Man that was an incredible clip! So much humility, respect, and wisdom being shared, in both directions.
Truly, it was a great conversation. I enjoyed the relaxed manner. Just two guys talking. They were so comfortable, it was like they were sitting at the kitchen table. One friend to another.
This was amazing!. I've always admired Graham so much with the way he both completely admires Dave Ramsey so much that the cat is named after him while having opposing views about debt and credit cards. Congratulations Graham on meeting and talking to the one and only Dave Ramsey. I thought this was just going to be entertaining, but I really learned something. One of my tenants want to buy their rental and I never thought about doing a 1031 exchange with the option of just paying taxes if I don't find something. That's such a stress free way to go about selling while having options. I'm looking forward to the podcast.
This is almost a discussion between two financial guys from two different parts of their lives. Really good episode! Like they say, the young guy knows the rules, the old guy knows the exceptions!
Smart statement! Definitely taking this down.
Graham, this is the content we need! I know it's just business to post those headlines or "crashing market" videos, but this is the content that I think a lot of us came around for. This type of content may take more time to make, but it hasn't gone to waste!
This is the video I been waiting for!!!! This is THE ONE
AFTER 5 YEARS!!
Wow! Congrats Graham. What a great interaction you had with Ramsey. I’ve admired him for a long time & you’re hitting it on all cylinders! ⭐️
Congratulations brother! I’m very happy and excited for you ! All your hard work has paid off
Thanks so much!
So cool you got to sit down with Dave Ramsey. I’m so used to seeing him bash people who suck with finances, funny to see how overall positive he was. hope to see a follow up video someday on how you did by taking or not taking his advice.
Love how humble you are and genuinely interested in providing the best and most authentic side of you to your audience. “I think this Graham guy is going places”😅😂
My two favorite financial channels. The amount of stuff you two have taught me shaped my financial future and I’d like to thank you both.
I never added a comment to Graham's videos before, but I thought I needed to on this one. Graham is one of my all-time favourite TH-camrs, as he is highly gifted, knowledgeable, humble, and extremely successful in life. As a South African, I feel that there are a lot of investment principles I can and have applied myself by following the channel. So I want to thank you for the value you add.
I appreciate Dave stepping out of his typical demeaning demeanor and being thoughtful in his analysis.
Wow! You’ve managed to impress Dave Ramsey. Not an easy feat, my friend. Good job 👍🏾
ha thanks!!
Gross. Cult like religious leader, who treats his employees like crap.
@@GrahamStephan Dave Ramsey did say one thing wrong... "there are no secrets of the rich." Actually there is one. It's the one and only thing you need to be rich and it's in all books or lists of secrets of the rich... Often called "live below your means." The only way to get rich is by reducing your spending on consumer goods and increasing your spending (investing) on capital goods. You have to reduce your lifestyle and not live paycheck to paycheck. There's an economic proof for this. It's called the production possibilities frontier. So think of yourself as an economy. To grow your personal economy you have to increase your ppf.
I’m so happy you achieved this a sit down with Dave after so long! Hell yes!
enjoy!
They have respectfully criticize each other for years. Both with different experiences about debt, both successful and both sticking with their principles. I love this collab.
YES! Respect even among disagreement! What a shocker in this world today! :) Love it!
First time I have ever seen DR this way. It was really nice!
True, but Dave is on his way to being a billionaire
@@MrJimmy3459 not even close
I listen to Dave a lot, and this is the most reasonable and chill I’ve ever seen him. You have millions in debt, yet he didn’t jump down your throat. This was such an upgrade from the reactionary Ramsey we all usually get.
This was actually incredibly refreshing to watch. It’s nice to see Dave look at and accept debt from a logical standpoint while still holding true to his beliefs around it. I never thought I’d see the day that Dave accept someone having debt as part of a risk balanced portfolio
Right? Totally agree, Seth. 👍
He always has - people dont understand or actually listen. DR is saying that the baby steps are the fastest and SUREST way to build wealth. He has never said it is the ONLY way. It is his way and if people call and ask for advice this is the response you will always get 1-7.
This is how my financial advisor has always been - if the debt is affordable and low enough interest, he always recommends investing for a higher return, and letting the debt slowly work off instead of lump-sum paying it off. Like a house loan, which is usually lower % than what you can make investing $100k+
There is a difference between Graham having debt as part of his business and using it logically/mathematically while making money on the properties vs a couple living in house with two jobs and overbuying something they aren’t using to make money on but to live in… totally different types of debts.
Not you specifically but I have seen many peoples’ criticisms about his anti debt and baby step philosophy as too hard core but that’s the only way for the average non business minded person to really do well. KISS. Keep it simple stupid.
He is also not wrong, paying off the debt would just eliminate all risk for graham and let him continue to build cash with no debt to become his “own bank” for the next property. As Dave said, he didn’t make his money leveraging rates but rather finding and making good deals.
He doesn't accept it. He just understand he isn't going to convince this guy otherwise.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $770k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Motivation of the day; Never take criticism from someone you wouldn't go to for advice. -Morgan Freeman. You got this keep going !❤️🔥
I appreciate that!
That's terrible. People that hate you are often quickest to point out your mistakes. Good advice can come from anywhere.
Dave is probably the best guy to ask this question to because he was basically Graham at that age (heavily invested in real estate and debt)
Great discussion love hearing two opposing opinions on the opposite ends of the spectrum and being able to sit and meet in the same room and have a civil discussion. THIS is what both of your subscribers are looking for. Also it’s what we need in our country
In all my years of watching the both of you, not once have i even thought this was a possibility. This is awesome.
thanks!
I'm so glad you guys did a segment together. I've been watching you guys for years.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
'Amber Dawn Brummit' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I love your rapport with Dave ! Also your guest appearance with Dave and George. Great chemistry and wisdom to impart ! Tysm
Two legends. I already love the video, only by seeing the first minute.
the fact that you have him in your network and you are able to speak to him about this is dope! Great convo you guys had here and I loved his input. Great stuff! Keep it up, man!
Anyone else catch Dave casually dropping the fact that he has $600M in real estate? I must’ve heard that wrong
Oh stay tuned...there's a PART 2 where I react to HIS portfolio ;)
@@GrahamStephan Ooo will do!
He also has a 100 percent stake in a company with 1200 employees, his own lol. I would say easily he’s a billionaire just based on that
My ears really perked up when I heard Dave said "paid for"
When you Google his net worth they say $200 million, so something doesn’t add up
I love how calm and encouraging Dave was in this clip.. it's almost as if he saw a younger version of himself in you. haha congrats to finally getting on the show Graham!
ah thanks!
So raw and authentic. No bs, straight to the point. Love this
this was one of the most wholesome, informative and entertaining videos I’ve ever watched. Two SUPER powers!!! Excellent and down to earth conversation. Thank you so much for doing this and for everything you do!!!!
Dave seems like a down to earth guy in this verse what he does. There was no yelling or biosturess animation. It was like you guys were just two Joe in a coffee bar.
This was an awesome discussion. Leveraged and sophisticated investor and tried and true Dave Ramsey principles. Just goes to show nothing is cut and dry and once youre a good money manager, you can make big things happen.
Put a smile on my face seeing someone you value their insights and teachings, and showing them your labor influenced by them. As a teacher in just a middle school setting, the moment is priceless! Congrats Graham!
Love that!
When Dave teaches people how to handle debt and money, he is talking to the bottom 80% of people that don't pay their credit card bills off every month or have other bad habits with finances. For most people his practices would serve them well. Congrats Graham, very cool moment for you man!
More like the bottom 98%
100%. I took one of Dave's classes 10-ish years ago, and I'd recommend his advice to anyone with credit card debt in their 40s.
It's terrible advice for anyone trying to get into the top 10% in their 20s. Best thing about Graham is that he gives good advice everyone instead of a single approach to investing.
@@benclark9455 I was going to say the same thing lol. Definitely a lot higher than 80%.
No he is talking to everyone. The getting out of debt due to bad financial habits is only a small portion of the baby steps. The investing applies to everyone.
I’ve been listening to Dave since he started out on the radio in Nashville. This is the calmest I’ve ever seen him when talking about debt. I think the key thing that makes the difference that didn’t come up here is what Dave always points out about debt for most people being a behavior problem rather than a math problem. I look at leverage the same way you do, Graham. I think the average person that Dave talks to hasn’t proven that they can behave well with debt. You clearly have. Well done!
What a wonderful conversation! That is the Dave Ramsey that people love. You guys were talking like best buddies.
I’m pleasantly surprised at Dave’s diplomatic way of speaking. He comes across as preachy in his show but he really knows how to talk to a person who potentially has an opposing view and just calmly speak his mind without being disagreeable.
I was kinda shocked tbh at it, amazing vid tho
His show is catered to people who can't control themselves. Specifically they can't control themselves with accumulating consumer debt.. When he gets in the room with someone who understands what's going on, this is who is usually is.
Yea this was great
Dave’s target audience is people who are financially immature. This young man is not financially immature.
@@DarinPirkey He might "think" that is his audience... but those people won't be reached by ugliness. His actual audience are people who are just as ugly-minded as him... so they can have nasty attitudes about "others". If he carried the attitude he had in this video ALL the time, he'd actually reach the people he claims he wants to reach... but his viewership would go down.
Damnnnn graham is balling out for sure, glad to be part of the growth
Omfg! LibertonCorp turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
Respect for exposing your portfolio. Thanks for your hard work man 🤘🏿
I appreciate that!
Suddenly I feel better about my own wealth building position which is almost dead center in the middle between you and Dave. Thank you so very much Graham. Your transparency is inspiring.
This was a good convo. Appreciate y’all’s maturity and keeping it cool on both ends. Also, Graham, you are crazy gifted man, it’s so obvious you have those gifts and a humble spirit to carry others with you.
Keep crushing
Keeping it cool? As if there was a need to bicker. When two open minded people can sit down and have a conversation this is the result unless you mistakingly viewed one or both parties as being incapable of having a civil conversation. You act as if this was going to be a talk between Trump and Biden.
You’ve come such a long way Graham!! I’m so thankful for each video of knowledge you’ve uploaded. I’ve been faithful to you & the algorithm since 80K subs
thanks!
I've been watching Graham for years and he constantly has brought up Dave Ramsey, he's the one that introduced me to Dave Ramsey and his principles. Both Graham and Dave have been inspirations for me in the financial world, and it's great to see Graham finally meet one of his heroes.
The conversation that I was waiting for!!!
Thanks Graham, it went beyond what I was expecting. Keep it up man!!!
It is so interesting to see different perspective from Kevin O’Leary and Dave. Kevin commented you should not have a heavy real estate portfolio and should diversify whereas Dave said you should focus on what you do the best: ie Real Estate.
Would be very interesting if you extended yourself into commercial real estate.
This was a dream come true watching the two of you guys working together ! Awesome videos and I hope you guys work more together !
So Dave will be a billionaire during our lifetime. A debt-free billionaire. Thats amazing!
He will be worth 100 million if Biden keeps killing energy.
This was some great Dave content. Nice to see him in conversation and in a different way. Good job.
This guy is living the life that Dave wanted to before the banks bankrupted him
He did it to himself by taking on short term loans and over leveraged himself. He was not a victim. He over leveraged himself
Back in those days? He had to because of those extremely high interest rates in the 80's. Some times these strategies work but not always. I assume people know there is a level of gambling here
@@nicholaspetitt1606 I read the other day that banks often include a clause in loan agreements that they can call a loan due early. I wonder how often this is in loan agreements.
Graham is doing nothing like what Dave was doing (in terms of real estate). Dave was doing 100% financing with callable loans when the banks called his loans and he got caught with his pants down. Graham, and most real estate investors I know, are not taking on that type of risk.
If you look at the population (hint it continues to grow) and you look at new home builds over the last 10-15 years (hint it has not kept pace with out population growth), it's pretty obvious that low interest fixed rate mortgages in a place like California (hint desirable place to live with high income earners) is a really safe play. The rental market will be very strong and, while we may see the housing market go up and down there, rentals are a very safe bet.
"What I noticed about people that are worth more than 20 million dollars is that most of them find something they like, and then they do it a lot." ~ Dave Ramsey
Love this quote!
Props to Dave for doing this!! So awesome!
Right?!
Yes stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@Dan Brooks Impressive can you share more info?
@Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
My dad told me never to discuss your money in public. Times have changed, so have egos.
Very interesting to see how Dave is more flexible and open minded in his thinking here. He definitely tones down his usual tropes and makes them seem less dire. I guess he has a lot of faith that you’re managing the leverage well!
It's becaues he acknolweged that Graham is sophisticated. When he speaks to the masses he needs to make it very simple and very clear.
Agreed. He is for beginners. Plane and simple. And there certainly is the benefit of additional security when you reach a point and decide to permanently be debt free-even if that slows your growth down for a brief time.
I heard you as a guest on the Dave Ramsey show and I was so excited for this video to come out Graham!
yesss
so happy you got to do this Graham! this was awesome to watch!
I plan to retire in Feb 2023 at 57 after 36 years in Telecom as a sales engineer. My wife will retire in Jan 2023 and she' s loving life! with the current inflation hike, looming food crisis, all institutions predicting recession to be brutal. walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition
@@colbyryann2665 I'm a working class mom concerned for the future in all aspects of where we all going, in this breath finances. Building the nest egg to living from the nest egg is a scary proposition . Please how can i reckon with such skillset? i want to grow my emergency funds of roughly €34,000 advantageously
@@colbyryann2665 Katherine really seem to know her stuff. I found her reachout-page after looking her up, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her . Thanks Colby. I commend this
Graham finally fulfilled his destiny
Power Level 9000
Over 9000!
“I think your watch is worth more than you think it is” 😅 that’s great coming from Dave
My two favorite people :)
enjoy!
Lol, I so love your video editor's work.
I edited this one myself!
@@GrahamStephan how the hell do you have the time?
Dave is the most down to earth man. He is centered on helping and protecting the average man. God bless him.
No he is not. 😂
Both you guys have had a huge, tangible, real life impact on my future and finances. This was great. Thanks
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
“Sharon Lee Peoples”’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
You just made me love Dave Ramsey that much more. He truly has the heart of a teacher and even when you are showing things he would never touch he gives positive feed on it. Love that.
This was so motivating to watch. Congratulations graham, you’ve worked hard and deserve all the success you’ve gotten and will get in the future. I’m sure people watching this will strive to achieve what you have achieved and we need more people like you to teach us what the school system will not.
Great video. I love Ramsey so this was great to watch him doing something different
Me too!
First time I hear Dave agreeing with someone about money lol. I think he agrees with millionaires very quickly as long as you don't have money problems or income problems. Since 90% of the callers are people with enormous amounts of debt and in deep trouble, he doesn't negotiate! Loved the video!
I'm not experienced or gifted in real estate, yet, but Dave Ramsey has helped me greatly improve my financial life. I am so grateful to him. Now I'm learning from you, Graham, and others to get until real estate. It's cool to see you two chopping it up.
what are some tips you got off him?