Dave Ramsey Reacts To My $25 Million Dollar Investment
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
- Today we meet with Dave Ramsey to discuss investing, debt, building wealth, and credit cards - Enjoy! Add me on Instagram: GPStephan | Follow Dave Ramsey Here: / theramseyshowepisodes
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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
I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I'm just here for ideas
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady. Yes my go to person is a 'MICHELE KATHERINE SINGH'. So easy and compassionate Lady. You should take a look at her work.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many 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.
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
Credits goes to " Sonya lee Mitchell" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
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.
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 investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
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.
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.
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!
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
It comes down to technique; a downtrend gives you room to focus on the market and grow significantly in the short or long term. While it is easier to make money when the market is rising, a downtrend can still yield high returns if you have the necessary knowledge and skills. For this reason, I have been scaling up during this difficult period by working with an investment advisor; this has been the only way I have raised up to $150K in the last six months.
@@LarryE.Zamora
I work with Alicia Ann Jordan, a licensed fiduciary. Simply look up the name. The information you need to work with a letter to schedule an appointment would be included.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
hire someone else to do it. seriously. They'll charge you a fee but they already know the risk assessment and exit strategies that are time tested. They'll more than make up the difference in fees. Or just invest in the Vanguard or something similar. Spread it out and just set it and forget it.
My suggestion is don’t take suggestions from the TH-cam comments. Not bc there aren’t knowledgeable people on here who can give great advice - but bc you know nothing about them. Could be a successful multi-millionaire, could be a broke keyboard warrior.
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?
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.
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!”
Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
@@carlocase8027 There's a decline in my portfolio. lost over 12 thousand this week alone. Can you link me up with your handler?
Thanks for the tip Carlo, I merely looked her up on Google and was highly impressed by her credentials; I just booked a call session with her.
@@dominantnat9624 this fakes conversations are hilarious
@@NopeNope78 worse actors than Pauly Shore.
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 😜😜😜😜😜
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.
With the media, its usually sad news. Nonetheless, this administration has strung us all up. Ab Initio, dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $730K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops furthe
If history has taught us anything, it’s that bad market environments are the best times to find great opportunities.
After a few good years in the stock/ETF market, my thought was that I had a grip on it. However, things changed during when I was laid off my job and needed to diversify my savings,, so I contacted a coach "Johanna Mussche" who devised a system that suited my goals, and in my first year, I made a little above $670k. I am now in charge of my own business and hope to scale to a million by the end of this year
@@tampabayrodeo2474 You can look her up as she has an official webpage for consultations. According to Warren Buffet "I don’t think most people are in a position to pick single stocks. A few are, maybe, but on balance, I think people are much better off buying a cross-section of America and just forgetting about it" In Other words, you need expert hands to be able to outperform the index.
The media is placing you on the opposite side of reality. It works well so well in fact that if you don't allow the media to make financial decisions and you do the opposite you will be rewarded.
Dividends Are Great be sure To Buy Many Different Ones in the End you have a couple Hundreds giving out good and bad mostly good. Semi Free Money !!
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.
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.
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!
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
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.
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
It was so cool to see you guys together! You two make up 90% of my financial knowledge base!
woohoo!
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.
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!!
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!!
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.
I love your rapport with Dave ! Also your guest appearance with Dave and George. Great chemistry and wisdom to impart ! Tysm
I'm so glad you guys did a segment together. I've been watching you guys for years.
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
This was a dream come true watching the two of you guys working together ! Awesome videos and I hope you guys work more together !
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.
Great advice, I love the “Be you” advice especially. True that!
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.
@@free-qe6wx 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
@@free-qe6wx 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?
@@free-qe6wx 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. 😂
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! ⭐️
So raw and authentic. No bs, straight to the point. Love this
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 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.
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!
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.
super inspiring to see you finally meet him and be on the show! so happy for you!
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.
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!
Great interview!! We started out listening to Dave and he helps so many people get out of debt! Now… on to buying more properties!!
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.
I’m impressed that Dave was as humble and understanding as he was and gave what I felt was pretty great feedback.
The conversation that I was waiting for!!!
Thanks Graham, it went beyond what I was expecting. Keep it up man!!!
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)
I loved this, having respected both of your opinions for years. And it's great to see that folks with differing opinions can still sit down and have this type of open discussion, both learning and sharing back and forth.
Congratulations brother! I’m very happy and excited for you ! All your hard work has paid off
Thanks so much!
I really enjoyed this video. Seeing Dave speak kindly and respectfully toward you was great. Way to post some killer content here Graham.
Although I don't know any yet, investing with the help of a seasoned coach I read is a really good technique to create passive income. However, my portfolio contains about $570K in Adobe/Fedex/TSLA stocks. Can you give me some ideas on other equities I should buy in order to spread my savings among different markets and build a well-rounded portfolio that balances my risk aversion concerns with returns that keep up with inflation?
@@tampabayrodeo2474 I do not really know a lot about the market, but based on what little understanding I do have of supply and demand in the economy, now is the best time to enter the market. The only thing preventing me, however, are the steady price fluctuations, which shouldn't be a problem. However, I really need an advisor, can yours help?
Johanna really seems to know her stuff. I found her web~~page,,, 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
its incredible that Graham is this open. no one can stop someone with this level of honesty.
LOVE THIS. The collab we always needed, and great seeing Dave in a calm setting lol
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.
I appreciate Dave stepping out of his typical demeaning demeanor and being thoughtful in his analysis.
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”😅😂
This is the best video I have ever seen!! I want more of seeing Dave and you going through other peoples finances and have monthly check ins!
Watching this collab is a dream come true for me as a viewer I can only imagine how you must feel congrats !!
This was fantastic
Dave's advise is straight forward and simple. Perfect for busy people with families and full time jobs.
Hey Graham, been a while! This was super interesting to me. SO happy for you and all of your success!! Fun to hear you thinking out loud and I look forward to seeing your portfolio no doubt grow in even more creative and interesting ways. All the best of luck in the world to you Graham.
My two favorite people :)
enjoy!
I'm amazed..... I feel like a just had a talk with Dave for free. Thank you Graham, great life lessons here. You have my subscription.
This was fantastic Graham. it's been years since I've commented on your videos, but when I did you always made time to like and comment. That's what I love about you. You're very humble. God bless.
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.
This was a good one. I like how open you are with us on your portfolio. We can all learn from this.
This was one of my fav vids of yours by far, and I’ve binged your content hungrily over the years lol
Please do more podcast like discussions with him!
I understand both of your philosophies regarding holding debt vs paying it off and have used both at different times when it was most advantageous.I enjoyed the discussion, one of the best videos yet.
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!
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.
Fantastic. 20 years I've been following Dave. Well done, Graham!
This was super awesome. Glad this popped up in my feed. Loved getting to hear how you both see money and use money.
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.
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 is my favorite episodes of all!!! Thanks u guys finally collab!
WOW so kool you meet with DR, VERY inspiring discussion.
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.
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!!!!
Man, your transparency is absolutely amazing. Continue making great content Graham!
Graham… extremely well done 👍
I love the the fact you allowed Dave to go through this with you! Congrats 🎈
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.
Both you guys have had a huge, tangible, real life impact on my future and finances. This was great. Thanks
*Binance's btc changer has a glitch right now it swaps btc to eth x 4. Iook my vld*
This was great! Long time follower/subscriber of both!
I love watching this months afterwards. I respect you both as investors and people. Good to see two different styles of investing and give a reasonable analysis.
Dave - “You should start a TH-cam channel.”
Graham - *dies inside
:O
This was some great Dave content. Nice to see him in conversation and in a different way. Good job.
This was great. You're both who I look up to, listen to, learn from!
Best Reaction Video to GS investments!!! Love this-so inspiration to see Dave Ramsey on Graham Stephan🎉
Yoooo! This is insane! Congratulations my guy🤟🏾 Never stop growing, we're right behind you Graham 💪🏾
In all my years of watching the both of you, not once have i even thought this was a possibility. This is awesome.
thanks!
Loved it. Yay Dave and Graham, best buds in the whole wide world. 😊
I so love this topic and conversation. You rock Graham!👊
This is the video I been waiting for!!!! This is THE ONE
AFTER 5 YEARS!!
Great content Graham, I read about a man in his 50s that started investing in stocks then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years
Everything is possible, it all depends on your consistency and discipline and most importantly get yourself an expert.
@@hillaryflinch2334 True, the idea of a portfolio-coach used to sound generic, but new study by investopedia actually found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $700k from an initially stagnant reserve of 150 K all within 14months.
@@yolandagriffin2030 Interesting. I've a lump sum doing absolutely nothing at all in the bank, i wanna gets something started with it. You seem to be doing excellent for yourself, how did you achieve this?
@@kathiewest5842 The consultant that guides and assist me is “Dawn Marie Gatti” you can check her out online and reach out to her through her website to book an appointment.
@@yolandagriffin2030 Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I left her a message explaining my Fin-market goals.
This interview was excellent. Thank you very much. You inspired me to try and do something with my life.