18 Burst results for "Smartvestor"

Easy Annuals to Start from Seed

Plantrama

06:30 min | 10 months ago

Easy Annuals to Start from Seed

"It is the time of year ellen when I think everybody should be thinking about what am I going to plant in the growing season right and am I going going to purchase plants or am I starting this from seat. Starting something from seed is a way for you to get all kinds of plants looks of plants for less money right. Yes it is. It's a great way to have of really full abundant colorful garden for very little money. But I think there's something even more important about successfully starting from seed. I remember how I felt the first time I saw a plant in my garden that I had started from seed and I swear there's there's nothing like it. I know that sounds Corny as all. Get out but it is absolutely true when you nurture something from seed to plant the feeling Ling of satisfaction is enormous. And I think everybody should get to experience that in their lifetime I agree and the other thing is watching that process. Assess watching the little zied link. Come up whether it's in a pod indoors or outside in the garden one of the most life affirming coming experiences that we can have and we need more life affirming experiences in our lives. All of us we certainly do so. Let's let's tackle the easiest annuals to grow from seed let's start out with annual that you can probably AP successful with if you put the seeds right in the ground because there are some that you may want to start indoors or in pots or even flats outside outside just a little better control but there are some plants that they really do well sewing them right in the ground and Dan. Let's start out with those and I would like to start out with California poppies now. That's something I love and I have never grown from seed. Because because I'm kind of intimidated by the fact that the seeds are so tiny so I'd love to hear how you handle that well and I think you should grow them from seed because the pedal title Sir Edible Ellen. How can you pass this up? I am going to order me some California poppy seeds right away. And what you do. They're the easiest things in the world to grow from seed is in cool weather and in fact you can even so the seeds now in February as soon as you have them in cool weather you take the seeds and you sprinkle them out where you want them to grow and you can just sprinkle them right over the surface of the soil. They need to be on the surface of the soil. These are seeds that germinate best when they have light they also so like places with good drainage so gravelly areas. Oh that's what I was Gonna ask you because you said on top of the soil now. My whole front garden is got a gravel. Mulch can I just sprinkle them on the ground and let them. Oh yes and kill them on the gravel and then a little later in the spring once on smartvestor starts falling and the temperatures warm. A little bit you will see very tiny fern like seedlings of California poppies coming up and the great thing about California poppies is when they're happy from now on they will feed themselves. Once you have them you will have them in those locations and maybe some others every year without you ever sewing Wing another seat. So that's a great thing about California poppies. I love that idea. And of course the fact that they're edible means that I actually can plant them in my garbage so thank you very much. Co another annual that you can plant directly in the garden And that's also edible surprise. Surprise is Nester Shem and I love love For so many reasons they're gorgeous. Both the leaves and the flowers are edible. And you and I made a very tasty ministership sean cocktail last summer. If I remember correctly onus tertius are wonderful to put in just about any cocktail you can think of. I think the flavors can go so many directions Sion's but even just just putting a few flowers in the Shaker with the spirit of your choice and shake it up the color her goes in so you get that gorgeous color then you strain it all the debris out and garnish with another nasution flour It is wonderful wonderful and this is a great thing to go from California. Poppy seeds to new CERTIAN. Because we're going from very fine seeds that are almost like dust. Yes who big round seeds that get poked into the ground that you don't put on the surface right right right and that's why I like them because they're so easy to manage you know they're they're big enough so that you can plant them exactly where you want them you don't have to sprinkle them they're easy to handle with your fingers. These do not require light. In order to germinate in fact they require darkness. These are annuals that will not only grow but they will flower all summer long and into the fall and that's a nice thing. California poppies tend to flower best early in the season and then once it gets hot the kind of close up shop and take a break but not in a stir shrooms have very long bloom season and the way they spread they can they can be a great ground cover. You can train them up a trellis. It's it's a fantastic annual plant. Really brightens up the garden. Now I want to add another sprinkle sprinkle on the surface. Plant here At that really makes a good companion with Mr Cham's if you want to grow them in the same area and that's so listen you know the the just the standard lobe you'll area you can take those seeds and sprinkle them out whether it is in gravelly areas they also would do well with the California poppies or whether it's right in certain areas of your garden and they will germinate and grow and like the California poppies once they are established they will self seed from year not

California Ellen Nester Shem DAN Mr Cham Sion
"smartvestor" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

02:05 min | 1 year ago

"smartvestor" Discussed on NewsRadio 1080 KRLD

"Roth IRA limit. A Roth IRA is a retirement account that puts your savings to work, and I'm talking tax free growth for two thousand eighteen you can do fifty five hundred a year or sixty five hundred if you're fifty years old or older and good news, those limits increased by five hundred dollars to six thousand and seven thousand for twenty nineteen when it comes to investing working with a pro is the best way to ensure you've got a plan, and we'll stick to it. Folks. We've made that super easy for you are nationwide network of Smartvestor pros will help you invest your money the way we recommend and make sure you understand what your money's doing. These are the guys I trust to walk you through the best investment decisions for your situation to find a Smartvestor pro in your area. Just go to daveramsey dot com slash. Smartvestor. That's daveramsey dot com slash Smartvestor. One hundred thousand fans are on their feet falls over the stadium. Waning seconds of the game. It's the silence you think to yourself. There's only one place a call here. One St. your authorized Mercedes-Benz dealer and test drive. The all new two thousand nineteen eight class sedans partisan, the first Arab the Mercedes Benz user experience. It seamlessly connects you and your car natural voice recognition the Mercedes Benz a class sedan where the future takes the feet. Visit Mbusa dot com slash class. To learn more Benz the best for nothing. Now, an ad from mom bundle home and auto with progressive and save on your car insurance. Excuse me. Maybe we should add in the word money. So they know that they're saving money in there. Okay. Hello..

Benz Smartvestor five hundred dollars fifty years
"smartvestor" Discussed on The Dave Ramsey Show

The Dave Ramsey Show

02:01 min | 2 years ago

"smartvestor" Discussed on The Dave Ramsey Show

"You don't need to touch any of these retirement funds. You can just young let them sit there and continue to grow are you employed. Yes, I'm going back to work in December. Yep. Okay. And will you make enough to live on? Yeah. I make about ninety thousand my goodness. Okay. Yeah. Yeah. You can live on that and not touch any of this money. And then when you're when you feel like you're up to it that you're the fog is of grief is clearing off of your brain. I usually tell people a year, but you guys are in such good shape financially. You've been doing this for a while. You guys were financial peace coordinators. So I think you're going to be making pretty solid decisions fairly quickly. But there's no rush. There's no pressure. Okay. So sometime after the first of the year, let's say that when all these checks are sitting in the Bank, sit down with your Smartvestor pro that helps you with your investing. And let's get you know, the bulk of this money invested into something into some good mutual funds, and that kind of thing so that it's not just sitting there in a Bank account. But there the thing about setting it in the Bank account is it's just. Keeps you from. You don't have to make decisions while you've got the fog on your brain of grief. Right question. Actually, he has he has a Roth IRA another IRA and vanguard funds. So should I put the money into antenna, those you can't add all of that too? That you you're just gonna have to do good mutual fund investing. And okay, again, I would sit down with a Smartvestor pro. Do you have somebody that's been doing your mutual funds? No, okay. Now, my husband it's through his his company. He worked for investment firm. So okay. All right. Well, jump online at daveramsey dot com or whoever you're going to deal with and you can check out a Smartvestor pro..

Smartvestor
"smartvestor" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

07:00 min | 2 years ago

"smartvestor" Discussed on NewsRadio 1080 KRLD

"What's up? Guinness longtime listener, I'm just so excited never called before. So my husband, and I are debt free, including our house white ago. Yes. Well, thank you for your teachings. We followed them all. And we are actually we are everyday millionaires. I'm a teacher. He's an electrician. And so we we've been investing the way that you recommend and you know, just out of curiosity. We finally decided to meet with an LP. We went online and found one that you your site recommended me. No Smartvestor pro for investing. Yes. Okay. Yes. Yes. Smartvestor pros. Thank you. Okay. And we met with him. And he was very. You know, we've had a lot of information for us. And then you know, the fee structure is like a percent. I guess and so why my husband, and I didn't know is since we've been investing the way that you teach since we've been, you know, we both are blessed to have pensions, we have, you know, we're only in our fifties. And we in theory, we could retire in five years it'll have to but we couldn't be comfortable. Would would it still make sense to hire a financial person for a year, at whatever I think it's like five thousand dollars for the year because they go on a five point five percent of what you're. So they're looking at they're proposing a manage a managed account for you. Correct. Okay. Yeah. A lot of the industry's gone to the manage to count approach. And so the question is what do you get for your money? That's what you come. And anytime you're investing in when I'm investing, by the way, my personal money is invested with one of our Smartvestor pros. Okay. And so the there's two ways to do investing in mutual funds upfront fees that as you do the investment they charge a fee, and then there's very low almost no annual after that or the managed account where it's a percentage of the balance every year. And now, what are you getting for that? Well, they're helping you select the funds and putting you in funds that are outperforming the market overall over a long period of time over average funds that outperformed the SNP. And of course, you've got someone to meet with and cover anytime. There's a question about anything. I if there's a change in the market, and you're worried about it or up or down anything along those lines. And there's tons of studies that say that you will come out ahead doing those two things. One is getting good advice and picking the proper funds and to not jump. Off the ledge every time somebody comes on the news and freaks out. You're probably not already not doing that one. Okay. Okay. Now, when we listen, I mean, I listen to you every day. Okay. Got that dialed in. You're not going to jump off the roller coaster and get hurt. You know? So that part of stuff. So, you know, the thing is just ask them to show you, okay? Why are you worth what's your charging? And you know, because you're touching me a fee are you worth that? And in most cases, you'll find it is that you're gonna make more than the cost of the fi in extra returns. And certainly in services in terms of you know, education that's available to you. And you know, there's eight thousand mutual funds to go through. I don't keep up with eight thousand mutual funds. I have a day job, you know, and so a life, and I don't want to do that. But those guys that's all they do all day long as comb through those funds. It's their whole world the eat live and breathe that stuff, and it's I also don't work on my own car. I could probably fix my car cheaper than the mechanic, fixes it. But it would take me longer there'd be several trial and errors along the way. I might break something in the process. And so it's worth it to me to get somebody to hook the computer up to the car that actually has the computer that hooks up to the car instead of me being a redneck laying under the hood trying to figure this out. And it's kind of like, you know, investments, I don't DIY those either I don't even do my own taxes. And I'm pretty good at this stuff. What I do. I'm a money guy got a natural bent for math and all that kind of stuff. But I don't DIY when it gets into the, you know, the dirty details so to speak. So that's why I think you're gonna find the investment is worth that the managed account is worth it. But I it's fair to ask them to show. You the typical guy does this or you've been doing this over here? But if you had been with us during that same period of time. Well, here's what we would have had you. And here's what the mix is. And you know, it would have made you. One and a half percent. More would cost you a half a percent. So you netted a full one that kind of thing it's fair question to say, hey, prove your worth, and I don't think any Smartvestor pro that we have would. Tell you that that they can't do that that they all obviously all believe that they can then then just ask them to show you good question. Alex is with us in Charlotte, North Carolina. Hi, alex. Welcome to the Dave Ramsey show. Are you doing it? I better than I deserve, sir. What's up? I've got a question. Maybe a better question for Kanter call, but it's about my career. I'm currently in baby step two, and I'm a welder at work out of town and Mike around on forty thousand a year and. I've got opportunity to go work at home. But the pay is about a third of what I make working out of town. And I'm just curious if you thought it was crazy to take a job that I'm not married yet. I'm getting married next month. So making one hundred and forty and you'd make like fifty. Yeah. Okay. At home. Martin. Where are you? Where are you working out of town? Member do not now come on. I remember world. Donald John was to be on right now. Other than a decent salary. Okay. Well, I think the answer for me would always be see none of the above. I I liked the idea coming off the road. I don't like the idea of a two-thirds pay. So I got to figure out. How can I how can I come off the road and make more money? What have I gotta do to make more money off the road or connect you some kind of a mix and say, I'm gonna be gone two weekends month. And and go do just do some OT out on the road that way and pick up some serious change at until. But is there is there a path a career path at home, whether it's owning your own shop, or.

Guinness Alex Dave Ramsey Smartvestor Donald John Charlotte North Carolina Kanter Mike Martin five thousand dollars five percent five years
"smartvestor" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

02:23 min | 2 years ago

"smartvestor" Discussed on NewsRadio 1080 KRLD

"My parents adviser told me that the vetting process for Smartvestor is simply a fee, they pay your company for the stamp of approval that seems a bit dumb. But it did make me think about asking what is the process for investors to become advisors to become a Smartvestor. Well. Your parents financial advisor is a liar. So you should stay away from him because he wouldn't know the truth of it. Bit him on the butt. So now, the only, yeah, we just take money from any idiot out there that says he's an adviser. And then we send all of you people to them, and there's never been any back. Black backlash. Oh, come on. That's absolutely asinine. That's ridiculous. Of course, I couldn't get away with that. You people would string me up social media would be full of the complaints. And rightly so now, I've got one hundred person team that works on the Smartvestor program. They follow up on every lead. They follow up on every person in the thing. We we make sure they have the heart of a teacher that they're teaching stuff and giving you advice that's consistent upon the advice that you hear here or in financial peace university. Or when you read the total money makeover. And so no, I'm not a prostitute. I don't just sell for money. Shortsighted and business number one because you would have to do the business over and over and over and over and over again in the turnover among listeners because you people wouldn't trust me would be astronomical and my endorsement would become worth nothing because it would not be worthy of trust. So pisses me off a God is lying and saying that I'm a prostitute. Unbelievable. So now, we don't just sell out for money, boys and girls well for a lot of reasons. Number one. It's wrong thing to do. But number two, it really wouldn't work as a business model me think about it. Because I would put every scum burger on the planet in the program and the new people would go and you'd come on you'd be on Facebook pages and Dave Ramsey higher. Scott, daveramsey, endorses scum Berg, pages everywhere. Right. And then Dave Ramsey's name would be mud that would be shortsighted and dumb. Because really all I've got to sell is my word that my trustworthiness. You folks trust me or you don't..

Dave Ramsey advisor Smartvestor scum Berg Facebook Scott
"smartvestor" Discussed on WLAC

WLAC

02:23 min | 2 years ago

"smartvestor" Discussed on WLAC

"Now. My parents adviser told me that the vetting process for Smartvestor is simply a fee, they pay your company for the stamp of approval that seems a bit dumb. But it did make me think about asking what is the process for investors to become advisors to become a Smartvestor. Well. Your parents financial advisor is a liar. Show. You should stay away from him because he wouldn't know the truth of it. Bit him on the butt. So no, the only. Yeah, we just take money from any idiot out there that says he's an adviser. And then we send all of you people to them, and there's never been any back. Black backlash. Oh, come on. That's absolutely asinine. That's ridiculous. Of course, I couldn't get away with that. You people would string me up social media would be full of the complaints. And rightly so now, I've got a hundred person team that works on the Smartvestor program. They follow up on every lead. They follow up on every person in the thing. We we make sure they have the heart of a teacher that they're teaching stuff and giving you advice that's consistent upon the advice that you hear here or in financial peace university. Or when you read the total money makeover. And so no, I'm not a prostitute. I don't just sell for money. Shortsighted and business number one because you would have to do the business over and over and over and over and over again in the turnover among listeners because you people wouldn't trust me would be astronomical, and my -dorsements would become worth nothing because it would not be worthy of trust. So cut pisses me off I got is lying and saying that I'm a prostitute. Unbelievable. So no, we don't just sell out for money, boys and girls well for a lot of reasons. Number one wrong thing to do. But number two, it really wouldn't work as a business model. Many think about it because I would put every scum burger on the planet in the program and the new people would go and you'd come on you'd be on Facebook pages and Dave Ramsey higher. Scott or Dave Ramsey, endorses comebacker pages everywhere. Right. And then daveramsey is name would be mud that would be show shortsighted and dumb. Because really all I've got to sell is my word my trustworthiness. You folks trust.

advisor Dave Ramsey Smartvestor Facebook Scott
"smartvestor" Discussed on The Dave Ramsey Show

The Dave Ramsey Show

03:04 min | 2 years ago

"smartvestor" Discussed on The Dave Ramsey Show

"Now my parents adviser told me that the vetting process for Smartvestor is simply a fee. They pay your company for the stamp of approval. That seems a bit dumb, but it did make me think about asking what is the process for investors to become advisors to become a Smartvestor. Well, your parents financial advisor is a liar, so you should stay away from him because he wouldn't know the truth of it bit him on the butt. So no, the only, yeah, we just take money from any idiot out there that says he's an adviser, and then we send all of you people to them and there's never been any back backlash. Oh, come on. That's absolutely asinine. That's ridiculous. Of course, I couldn't get away with that. You people which string me up social media would be full of the complaints and rightly so now I've got a hundred person team that works on the Smartvestor program. They follow up on every lead. They follow up on every person in the thing we, we make sure they have the heart of a teacher that they're teaching stuff and giving you advice that's consistent upon the advice that you hear here or in financial peace university, or when you read the total money makeover. And so no, I'm not a prostitute. I don't just sell for money. The shortsighted in business number one because he would have to do the business over and over and over and over and over again and the turnover among listeners because you wouldn't trust me would be extra nominal in my -dorsements would become worth nothing because it would not be worthy of trust. So pisses me off. God is lying and saying that I'm a prostitute unbelievable. So no, we don't just sell out for money boys and girls. Well, for a lot of reasons number once wrong thing to do. But number two, it really wouldn't work as a business model me think about it because I would put every scum burger on the planet in the program, and the new people would go and you'd come on, you'd be on their Facebook pages and daveramsey higher ski daveramsey indoor system burger pages everywhere. Right? And then Dave Ramsey's name would be mud. That would be shortsighted and dumb because really all I've got to sell my word that my trustworthiness, you folks trust me or you don't. And if you don't trust me, then you wouldn't take endorsements. Right? And so I would burn my spoil the well, you know, that's just dumb. It's ridiculous. No, we've been amazing amount of money, amazing amount of effort, amazing amount of time, not selecting the Smartvestor selecting any of our e LP's on the real estate side or any other l. p. programs. And then we spent an amazing amount of time making sure that they're taking good care of you folks. Are they perfect? No, there's three thousand of them. They're not perfect, but we work our butts off to make sure the right people are in there and stay away from your parents financial advisor. He's a crook. This is the Dave Ramsey show..

advisor Dave Ramsey Smartvestor Facebook
"smartvestor" Discussed on KTAR 92.3FM

KTAR 92.3FM

07:40 min | 2 years ago

"smartvestor" Discussed on KTAR 92.3FM

"It'll drop down a list of the Smartvestor pros in your area. They'll be happy to sit down with him. And you and explain how a mutual fund works. What it is help him to choose one. But he needs to learn about it as a part of the process. The only reason to do that is for him to learn. Okay. What's happening, though, is he seen some of the compound interest examples of how when you invest early how it turns into a lot of money, and you've probably seen those I've certainly seen them. And they're really motivating it makes you want to do it. And he wants to be that guy someday. And so he wants to get started now, and that's why he wants to do this. So if he wants to put a little money, and that's fine. But let's also discuss something else. Okay. What's what's more important? Than him actually, doing the investment is what he learns from it that he learns to be an investor not that he and he learns how to do it and all that kind of stuff, and there's no longer intimidated by because it feels like first day in class in school or something, you know, when you go meet with one of these guys the first time so that part of it is something really cool that that is good. The fifteen hundred dollars is not going to change his life. It'll turn into some money over time. And that's just fine. But the what will change his life is learning about and getting comfortable with and being sold on being an investor now were he a call me. I would I ask him how he was going to pay for his car before he did this and how he was going to pay for college before he did this. He has paid off car. Okay. His mother. And now we're starting to your program by going, we're we're saving money for his college. Okay. So those things are taken care of. So he doesn't need to participate in either one of those two. Okay. Good. Good sound like a hardworking young guys got a good head on his shoulders. He's thinking, and I think it's an opportunity the investing. You're already doing. You may already have a person, that's helping you a Smartvestor pro or someone else's helping you with your investments. Just sit down with them. And they need to have that heart of a teacher, and they're not making any money on a fifteen hundred dollar investment. I mean, the commission they make on that won't pay the postage to mail the thing in so, but but what they will do is if they're one of ours. They'll take the opportunity because they enjoy teaching young people to enjoy teaching anyone for that matter and more calls them to go ahead and be ahead and win. And so that's a good. It's a good opportunity. And I think it's something you oughta do Gayle is in Raleigh, North Carolina. Hi gail. Welcome to the Dave Ramsey show. Thanks so much for taking my call. Sure. What's up? So my ex-husband recently passed away and left her life insurance policy to my daughter, but she is thirteen so she cannot accept it. So I have guardianship which means I have to prove to the court every year that that money is still there, and that none of it has gone. You don't typically recommend. I wonder if that might be the best option for me. No, it wouldn't be. I would invest it in good mutual funds for good. You don't you don't have an annuity. If you want to use a variable annuity, you can't how much money's involved. Okay. If you want to use a variable annuity, she's thirteen. Okay. 'cause she's going to need that money for college. I assume right, right. But I have five years, and I have to prove every year on an annual basis that all about money is still there. A minimum. That's not a problem. And if you invested in good mutual funds that the that have a good long track record. And you've got a good diversification. It'll go up, and it might go back down it'll go back up. But as long as the two fifty is still there that originally started you're not gonna have any issue. So you can meet with one of the Smartvestor pros. Like, I was just telling the gentleman before sit down with them. And you could look at a variable annuity, the only difference is it gives a guarantee, and you can show the court that you have a guarantee on the principal, but you're paying extra fees for that. And you can get you can get to the same mutual funds are a lot of the same mutual funds inside of a variable annuity. So the returns would be good. But you've got that guaranteed a wave at the judge if you need to if the market happened to slip down and so. That's a, but I would not do a fixed annuity under any circumstances. Ever horrible horrible product. The downside of even the variable annuity is if you use any of the money for anything for her good, and you have the right to do that. Even if the money is. I mean, if there's something comes up, and you use the money reasonably for her, and you can document that that is a time you can reduce the principal in this. And the just show the judge where the money went. But you can't show that you took her on a world clerk cruise with you that won't work. But I'm talking about if she had a medical condition or something like that. Then you took care of her with that money. That's what it's for. But you probably ninety nine percent chance. That's not going to happen. If you use the variable annuity, it has a seven year most of them have a seven year surrender charge. And if you touch it inside a seven years, you're gonna get hammered with all kinds of fees, the surrender charges are Arinda. And so that's another reason I'm not a big fan of those. They're okay. But you're leaving this alone to- college. Now when she gets out, you know, when she's. What we're talking about? She's thirteen so seven years puts her at twenty. I I'm not putting it all in a variable annuity if you're gonna use some of it for college. She's going to be in college before you can get it out. Or you've got to get into a variable annuity that does not have the long surrender charges like that. Not all of them. Do you can probably find one so answer. The question the easy answer. The proper answer is sit down the Smartvestor pro talk through your options. One of those two things is there. But not a fixed annuity may be a variable annuity, and maybe variable nudity for a portion of it. But certainly a good mix of good mutual funds with long track record over that many years is going to be fine. You're going to be safe. I wouldn't sweat it. And you're you're not going to Vegas and rolling dice here. I mean, it's just if you took two hundred fifty thousand dollars and bought a house how many times would that house? Go down in the next seven years one time out of one hundred you know, it's just not going to so. Unless you bought a ridiculous house. You know, the worst deal in real estate history. Right. But most of the time houses go up in value over the next seven years. So you'd be the same kind of thing is that that's what I'm looking at and. You have the obligation to make this money. Make more than one percent. So do a better job than that. By meeting with a Smartvestor pro coming up at the bottom of the hour as I said Chris HOGAN, Ramsey personality, millionaire expert is going to be here. If you have questions about how to be a millionaire what our study found Chris can answer them for you. He is the millionaire expert, and and it's some fun stuff that we found in this study. So you may want to stay tuned, and we'll talk some about that. And we'll take your calls as well. Here on the Dave Ramsey show. The phone number if you wanna get in is triple eight eight to five five two two.

Dave Ramsey Smartvestor principal Chris HOGAN North Carolina Raleigh gail Gayle Arinda Vegas seven years seven year two hundred fifty thousand dol fifteen hundred dollars fifteen hundred dollar ninety nine percent
"smartvestor" Discussed on KSFO-AM

KSFO-AM

07:38 min | 2 years ago

"smartvestor" Discussed on KSFO-AM

"They'll drop down a list of the Smartvestor pros in your area. They'll be happy to sit down with him. And you and explain how mutual fund works. What it is help him to choose one. But he needs to learn about it as a part of the process. The only reason to do that is for him to learn. Okay. What's happened though, is he seen some of the compound interest examples of how when you invest early how it turns into a lot of money, and you've probably seen those I've certainly seen them. And they're really motivating it makes you want to do it. And he wants to be that guy someday. And so he wants to get started now. And that's why he wants to do this. He wants to put a little money, and that's fine. But let's also discuss something else. Okay. What's what's more important than him actually doing? The invest is what he learns from it that he learns to be an investor not that he and he learns how to do it and all that kind of stuff, and there's no longer intimidated by because it feels like first day in class in school or something. You know, when you go meet with one of these guys the first time so that part of it is something really cool that that is good. The fifteen hundred dollars is not going to change his life. It'll turn into some money over time. And that's just fine. But the what will change his life learning about and getting comfortable with and being sold on being an investor now were heat a call me. I would I ask him how he was going to pay for his car before he did this and how he was going to pay for college before he did this. Okay. His mother. And now, we're starting to your program. But I fear is going we're we're saving money for his college. Okay. So those things are taken care of. So he doesn't need to participate in either one of those two then. Well, okay. Good. Good sound like a hardworking young guys got a good head on his shoulders. He's thinking, and I think it's an opportunity the investing. You're already doing you may already have a person, that's helping you a Smartvestor pro or someone else's helping you with your investments. Just sit down with them. And they need to have that heart of a teacher, and they're not making any money on a fifteen hundred dollar investment. I mean, the commission they make on that won't pay the postage to mail the thing in so, but but what they will do is if they're one of ours. They'll take the opportunity because they enjoy teaching young people. Enjoy teaching anyone for that matter and wanna calls them to go ahead and be ahead and win. And so that's a good. It's a good opportunity. And I think it's something you ought to do. Gayle is in Raleigh, North Carolina. Hi gail. Welcome to the Dave Ramsey show. Thanks so much for taking my call. Sure. What's up? So my ex-husband recently passed away and left her life insurance policy until my daughter, but she is thirteen so she cannot accept it. So I have guardianship which means I have to prove to the court every year that that money is still there and that like, none of it has gone. You don't typically recommend like. I wonder if that might be the best option for me. No, it wouldn't be. I would invested in good mutual funds for her good. You don't have an annuity. If you wanna use a variable annuity, you can't how much money's involved. Okay. If you wanna use a variable annuity, she's thirteen. Okay. 'cause she's going to need that money for college. I assume right, right. But I have five years, and I have to prove every year on an annual basis that all about money is still there. Yeah. Get a minimum. That's not a problem. And if you invested in good mutual funds that. That have a good long track record. And you've got a good diversification. It'll go up, and it might go back down it'll go back up. But as long as the two fifty is still there that originally started you're not gonna have any issue. So you can you can meet with one of the Smartvestor pros. Like, I was just telling the gentlemen before sit down with them. And you could look at a variable annuity, the only difference is that gives a guarantee, and you can show the court that you have a guarantee on the principal, but you're paying extra fees for that. And you can get you can get to the same mutual funds or a lot of the same funds inside of a variable annuity. So the returns would be good. But you've got that guaranteed a wave at the judge if you need to if the market happened to slip down and so. You know, you can. I would not do a fixed annuity under any circumstances. Ever horrible horrible product. The downside of even the variable annuity is if you using any of the money for anything for her good, and you have the right to do that. Even if the money is. I mean, if there's something comes up, and you use the money reasonably for her, and you can document that that is a time you can reduce the principal in this. And the show the judge where the money went. But you can't show that you took her on a world clerk cruise with you that won't work. But I'm talking about if she had a medical condition or something like that. Then you took care of her with that money. That's what it's for. But you probably ninety nine percent chance. That's not going to happen. If you use the variable annuity, it has a seven year most of them have a seven year surrender charge. If you touch it inside a seven years, you're going to get hammered with all kinds of fees, the surrender charges are horrendous. And so that's another reason I'm not a big fan of those. They're okay. But you're leaving this alone to- college. Now when she gets out, you know, when she's. What we're talking about? She's thirteen so seven years puts her at twenty. I I'm not putting it all in a variable annuity if you're gonna use them over for college. She's going to be in college before you can get it out. Or you've got to get into a variable annuity that does not have the long surrender charges like that. Not all of them. Do you can probably find one so answer the question. What the easy answer the proper answer is sit down with Smartvestor pro talk through your options. One of those things is there. But not a fixed annuity may be a variable annuity, and maybe a variable annuity for a portion of it. But certainly a good mix of good mutual funds with long track record over that many years is going to be fine. You're going to be safe. I wouldn't I would've sweat it. And you're not going to Vegas and rolling dice here. I mean, it's just if you took two or fifty thousand dollars and bought a house how many times would that house? Go down in the next seven years. One time out of one hundred you know, it's just not going to show. Unless you bought a ridiculous house. You know, the worst deal in the real estate history. Right. But most of the time houses go up in value over the next seven years. So you'd be be the same kind of thing is that that's what I'm looking at and. The obligation to make this money. Make more than one percent. So do a better job than that. By meeting with a Smartvestor pro coming up at the bottom of the hour as I said Chris HOGAN, Ramsey personality, millionaire expert is going to be here. If you have questions about how to be a millionaire what our study found Chris can answer them for you. He is the millionaire expert, and and if some fun stuff that we found in this study, so you may want to stay tuned, and we'll talk some about that. And we'll take your calls as well here on the Dave Ramsey show the phone number if you wanna get in his triple eight eight to.

Dave Ramsey Smartvestor Chris HOGAN principal North Carolina Raleigh gail Gayle Vegas seven years seven year fifteen hundred dollars fifteen hundred dollar fifty thousand dollars ninety nine percent one percent
"smartvestor" Discussed on KOA 850 AM

KOA 850 AM

03:16 min | 2 years ago

"smartvestor" Discussed on KOA 850 AM

"Not a, good long-term plan but it'll keep you from having to make big decisions In the middle of this you, know in so park it for six months and cry You know And then then, when you're, you know because I know I couldn't think straight and I'm the, money guy. You know so, you, know I I'm not making big decisions in a middle of in the middle of that kind. Of thing and so let just let your head clear for. Six months so I would do nothing for six months to. A year Okay okay and then once you've. Done that I'll go ahead and lay out a game plan. For you okay after that but do you have any debt We're at the end of a, chapter thirteen that we have and that's just got her house. On. It and, then we have a caller okay How much do you owe on the chapter thirteen and on the. Car I owe roughly about eight thousand left on chapter thirteen. I, owe about two. Thou- about twelve thousand nine hundred on the car? Okay so twenty thousand and then how much do you own your home Since it's been in, the chapter thirteen I'm not fully. Aware. But I I imagine it's gotta be under one hundred thousand. I'd say anywhere from eighty. To ninety okay if. You do want to make some moves right quick. I'm not, write those three checks okay and those are those? Are moves that you're not. Gonna regret you're not going to go I really screwed up I wasn't thinking clearly by. Paying off my car I mean now you're not going to have that experience right, are paying off your house and so I would go ahead and pay off all the debts and be debt free and then I parked the rest of, it in a money market or a CD, and you don't have to in that that lightens the load on the household to gives you a little more wiggle room in your in, your monthly budget and you don't have to. Live so tight but just commit then to studying as you. Feel like it in meeting with a Smartvestor pro as you feel like. It, for the remaining. Whatever that is eight hundred grand or so and I only by two things Mark with investing rule. Number one of investing is don't put money in something you don't understand don't do, it because I said it don't do because you're rich friend said to do it don't do it because a broker said do it do it because you, understand rule number two is when you're meeting, with an anyone in the money world insurance real estate mutual fund investing if they if they have the heart of a salesman instead of, the heart of a teacher get away from. Them Union to be. Learning from, them and if you feel slimy after meeting, with them like you need to take, a shower move on Okay, but sit down with a Smartvestor pro in a few months from now and start learning about investing you, sit down with them now but don't do any investing now they can. Help, you park it in a, money market if you want and then just start learning about mutual funds and getting, comfortable with that, again I only by. Two things I buy real estate. That I pay, cash for, because I'm a loved real estate my whole life and I'm. A landlord I don't mind managing rental properties I don't mind you know keeping my finger on the. Pulse of that kind of stuff I actually kind, of enjoy it.

Smartvestor salesman six months Six months
"smartvestor" Discussed on KSFO-AM

KSFO-AM

03:19 min | 2 years ago

"smartvestor" Discussed on KSFO-AM

"Is not a good long-term plan but it'll keep you from having to. Make, big decisions In the middle of this you, know it's so park it for six months and cry And then then, when you're. You know because, I, know I couldn't think straight and I'm the money guy you know so you know I I'm not. Gonna making big decisions in the middle of in the middle. Of that kind of thing and so let just let your head clear for six months. So I, would do nothing for six months to a year Okay okay and then once you've. Done that I'll go ahead and lay out a game plan. For you okay after that but do you have any debt We're at the end of a, chapter thirteen that we have and that's just got her house. On. It and, then we have a caller okay How much do you owe on the chapter thirteen and on the. Car I owe roughly about eight thousand left on chapter. Thirteen, I owe about. Two thousand about thousand nine hundred on the car? Okay so twenty thousand and then how much do you own your home Since it's been in the, chapter thirteen I'm. Not fully aware. But. I I imagine it's gotta be under one hundred thousand I'd. Say anywhere from eighty. To ninety okay if. You do want to make some moves right quick. I'm not, right those three checks okay and those are those? Are moves that you're not. Gonna regret you're not gonna go I really screwed up I one thing clearly by paying, off my car I mean now you're not going to have that experience right are paying off your house and so I would go ahead and pay off all the debts and be debt free and then I'd parked the rest of it, in a money market or a CD and, you don't have to in that that lightens the load on the household to gives you a little more wiggle room in your in, your monthly budget and you don't have to live so tight but just commit into studying as you. Feel like it in meeting with a Smartvestor pro as you feel. Like, it for the. Remaining whatever that is eight hundred grand or so And I only by two things Mark with investing. Rule number one of investing is don't put money in something you don't. Understand don't do it because I said it don't do it because you're rich friends said to do, it don't do it because a broker, said do it do it because you understand rule number two is when you're meeting with an anyone in the money world, insurance real estate mutual fund. Investing if, they if they have the heart of a, salesman instead of the heart of teacher get away from them union to be learning from. Them and if you feel slimy after meeting with, them like you need to take a, shower move on Okay but sit down with a Smartvestor. Pro in a few months from now and start, learning about investing you sit down with. Them now but don't do any investing. Now they can help you park it in a, money market if you want and then just start learning about mutual funds and getting comfortable. With that again I only by two things I buy real estate that I. Pay cash for because I'm a loved real estate. My whole life and I'm a landlord I don't mind managing rental properties. I don't mind you know keeping my finger on the pulse of that kind of stuff I actually, kind of enjoy it and then I, buy mutual funds that.

Smartvestor salesman I. Pay six months
"smartvestor" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

03:15 min | 2 years ago

"smartvestor" Discussed on WBT Charlotte News Talk

"Not a good long-term plan but it'll keep you from having to. Make, big decisions In the middle of this you, know and so park it for six months and cry You know And then then, when you're, you know because I know I couldn't think straight and I'm the, money guy. You know so, you, know I I'm not gonna making big decisions in middle of in the middle of that kind. Of thing and so let just let your head clear for. Six months so I would do nothing for six months to. A year Okay okay and then once you've. Done that I'll go ahead and lay out a game plan. For you okay after that but do you have any debt We're at the end of a, chapter thirteen that we have and that's just got her house. On. It and, then we have a car okay How, much do how much do you owe on the chapter thirteen and on the. Car I owe roughly about eight thousand left on the chapter thirteen Uh-huh I owe about to about twelve thousand nine hundred on the. Car, okay so twenty. Thousand and then how much do you own your? Home Since it's been. In the chapter thirteen I'm not fully aware but I imagine it's. Gotta, be under one. Hundred thousand I'd say anywhere from eighty to ninety Okay If you do want to make some moves right, quick I'm not. Right those three. Checks Okay And those are those are moves that you're not gonna. Regret you're not gonna, go, oh I really screwed. Up I one thing and clearly by paying off my. Car I, mean now you're not going to have that experience? Right are paying off your. House and so I would go ahead and pay off all the debts and be debt. Free and then I parked the rest of it in money market or a, CD and you don't have to in that that lightens the load on the household to gives you a little more wiggle room in your in your monthly, budget and you don't have to live so, tight but just commit into studying as you feel like it in meeting with a Smartvestor pro as you feel like it for the, remaining whatever that is eight hundred grand or. So And I only by two things Mark with investing. Rule number one of investing is don't put money in something you don't. Understand don't do it because I said it don't do it because you're rich friends said to do, it don't do it because a broker, said do it it because you understand rule number two is when you're meeting with an anyone in the money world, insurance real estate mutual fund. Investing if, they if they have the heart of a, salesman instead of the heart of a teacher get away from them Be learning, from them and if you feel slimy after, meeting with them like you need take, a shower move on Okay but sit, down with Smartvestor pro in a few months from now and start learning about investing you sit down with, them now but don't do any investing now they can help you park. It, in the money market if, you want and then just start learning about mutual funds and getting comfortable. With that again I only by two things I, buy real estate, that I pay, cash for I loved real estate my whole life I'm a landlord I, don't mind managing rental properties I don't mind you know keeping my finger on. The pulse. Of. That kind of stuff I actually kind of.

Smartvestor salesman six months Six months
"smartvestor" Discussed on WLAC

WLAC

03:16 min | 2 years ago

"smartvestor" Discussed on WLAC

"Not a good long-term plan but it'll keep you from having to. Make, big decisions In the middle of this, you know in so park for six months and cry You know And then then, when you're, you know because I know I couldn't think straight and I'm the, money guy. You know so, you, know I I'm not gonna making big decisions in a middle of in the middle of that kind. Of thing and so let just let your head clear for. Six months so I would do nothing for six months to. A year Okay okay and then once. You've done that I'll go ahead and lay out a game. Plan for you okay after that do you have any debt We're. At the end of a chapter, thirteen that we have and that's just got our house on. It. And then, we have a caller okay How much do you owe on the chapter thirteen and on the. Car I owe roughly about eight thousand left on chapter. Thirteen, I owe about. Two about twelve thousand nine hundred on the car? Okay so twenty thousand and then how much do you own your home Since it's been in the, chapter thirteen I'm not fully aware. But. I I imagine it's gotta be under one hundred thousand I'd. Say anywhere from eighty, to, ninety okay if you. Do want to make some moves right quick I might. Write those three checks okay and those are those are moves? That you're not gonna regret. You're not gonna go oh I really screwed up I one thing and clearly by paying. Off my car I mean now I'm you're not gonna have that experience right are, paying off your house and so I would go ahead and pay off all the debts and be debt free and then I parked the rest of it, in a money market or a CD and, you don't have to in that that lightens the load on the household to gives you a little more wiggle room in your in, your monthly budget and you don't have to. Live so tight but just commit into studying as you feel. Like it in meeting with a Smartvestor pro as you feel like. It, for the remaining. Whatever that is eight hundred grand or so and I only by two things Mark with investing rule number one. Of investing is don't put money in something you don't understand don't do it because, I said it don't do because you're rich friend said to do it don't do it because a broker said do it do it because you understand rule, number two is when you're meeting with an, anyone in the money world insurance real estate mutual fund investing if they don't if they have the heart of a salesman instead of, the heart of a teacher get away from. Him Union learning from, them and if you feel slimy after meeting, with them like you need to take a shower move on Okay but sit down with Smartvestor pro in a few months and from now and start learning about investing you sit down, with them now but don't do any investing now they can help you. Park, it in a money market, if you want and then just start learning about mutual funds and getting comfortable, with that again, I only by. Two things I buy real estate. That I pay, cash for, because of loved real estate my whole life I'm a landlord. I don't mind managing rental properties I don't mind, you know keeping my finger on the pulse of. That kind of stuff I actually kind of enjoy, it.

Smartvestor Union salesman six months Six months
"smartvestor" Discussed on AM 1590 WCGO

AM 1590 WCGO

02:17 min | 2 years ago

"smartvestor" Discussed on AM 1590 WCGO

"I q. but all you have to do is plug in a few data points how much you wanna live on per month and how many years you plan to. Retire and how much you have saved up so Caroline, has, walked through this and. Now she's saying okay I've got some questions I want to go deeper into this because. That's what the tool was designed to do help people raise, their awareness to see it and understand it but then move forward by connecting with. The. Smartvestor Pro which is doing in the morning. I would say there's a couple of things there. Carolyn remember the ARA, tool so you're able to plug in some things and tweak things as. You want so at the bottom of their I would take a look at the withdrawal rate the rate of growth all those things that you've plugged in as well but let's start back at the. Top of this if you've gotten yourself debt free and, that's, what I want everyone. To do before you retire is get everything paid off and I'm talking about including the. House now you start to identify how much am I going, to need to live on you think about that Why would you need ten thousand per month now you may want to travel, a lot or some things that you want to, accomplish that's okay but I think that's the thing that you're looking at there's a phrase out there. That you don't want to steal or you don't want to kill the golden goose that means you don't wanna pull so much out that the money that you have that's growing you actually stop it from growing. As much so walking through this process with the Smartvestor pro you'll be able to dive in and see I would encourage you to go back through, as I said look at the. Data sets that you have it our accu- what do, you have it set, toward and then look at how much throwing but I take it a step. Further and say make sure you, include your husband's pension when it asks you how much you have saved, toward retirement you only use all the money you. Have saved up and so you can find out the present value of the pension, as it stands right now and just a lump that into how much you have save so at that along with your 401K. And now you start to get a true life indication of what you all have saved? Up for retirement And I hope that helps because walking through this process again of helping people raise awareness and. Allows them to feel more confident because if I know that I what I need to start putting away each month I can start doing it The beauty of the ARA q. is that it shows you that. Number but it takes it a step further chose you your big number but it takes it a step further, if, you are behind from saving, for retirement,.

Caroline ARA Smartvestor Carolyn 401K
"smartvestor" Discussed on AM 1590 WCGO

AM 1590 WCGO

02:16 min | 2 years ago

"smartvestor" Discussed on AM 1590 WCGO

"You sit down with more smartvestor pros and lay that game plan out but i want you to just lay down that budget hold on kelly's going to pick up we're going to give you a copy of the book the legacy journey and again when i'm working with people that are making a ton of money or that have done a great job building a pile of wealth like you have we always wanted just go back to that basic premise believe it or not it's actually what we teach five year old teach them four things about money work give safe and spend and you know it's funny that one more fifty five we still need to work give save and spend but most of us will do too much of one of them most americans do too much with simply spending that's simple almost always you hear people to get out of debt calling in here that they worked more the lady on just a few months ago work more that was her deal and she doubled her income and david he he's been steady he's predictable hundred thousand dollar income these worth two million dollars pretty impressive twenty two years by the way that makes him an everyday millionaire when we do every day megan earth email says people like david they call in and you know sit down with your smartvestor pro have a plan when you're thinking about investing a lot of people in home too young i can get to that later david oh i'm too old number two you're breathing you still have a chance now i'm here to tell you you can do this stuff and david just told you follow you can do this stuff and i just told him sit down with the smartvestor pro and they'll lay this out on how to do what you want done and you know how to reach this point of being an everyday millionaire or two millionaire or whatever and just click smartvestor at daveramsey dot com put in your information it'll drop down a list of the smartvestor pros in your area bone.

kelly david megan hundred thousand dollar two million dollars twenty two years five year
"smartvestor" Discussed on Freedom 95 Radio

Freedom 95 Radio

01:33 min | 2 years ago

"smartvestor" Discussed on Freedom 95 Radio

"Put your name and stuff on there and it'll drop down a list of people we recommend in mutual fund investing in your area we're not we're not in that business but the most people mutual fund business won't fool with thousand dollar account because they make like fifty bucks or something on it and that came pay their the postage build a male the stuff in hardly so most people won't fool with a little account like that but we require our people to take the small accounts like that in order to get is one of the things we require in order for us to be able to endorse them and so you know the smartvestor pros are people we endorse that are in the mutual fund business that do things the way we teach they take the small accounts and they have the heart of a teacher when you sit down with them not the heart of a salesman tj is with us in huntsville alabama high tj hi dave i'm calling because my husband is trying to figure out if we're making the right decision to refinance a car we are a debt free other than our car however we have worked really really hard to get to a position to buy a house currently we live in public housing and we have done all the smart thing to get ourselves in that position except do a stupid thing by buying a car we oh a little over fourteen and what's your household income twenty nine you need to sell the car well the thing is you need to sell the car.

tj salesman huntsville alabama thousand dollar
"smartvestor" Discussed on WGIR-AM

WGIR-AM

01:48 min | 3 years ago

"smartvestor" Discussed on WGIR-AM

"Is seventy one percent of millionaires use some one to help them select and manage their investments like a smartvestor perot click on smartvestor diagrams ecom put in your information will drop down a group of people in your area list of people in your area that we endorse we call them smartvestor pros and they can help you lay out a game plan to be a millionaire now obviously we're gonna get you out of debt before you start investing we're going to get your mergency funding place before you start investing but you can do this stuff listen if seven out of ten million do something out of think about it right it ought to be something you consider in seven out of ten millionaires use an investment professional they didn't do it on their own i don't work on my own car i don't do my own taxes i have done both in the past i probably could muddle through but why why would i do that dale is with us in orlando high deo what is your net worth of over three million good for you and how is that broken down the investment in that sir oh much like a model for one point six and financial uh uh manatat answer financial investments okay but for fifty men brutal a little strain uh i uh annuities around two hundred fifty six thousand five insurance one hundred sixty thousand okay uh and settling coming to from an accident uh probably around to fifty thousand etc.

dale perot investment professional orlando seventy one percent
"smartvestor" Discussed on 760 KFMB Radio

760 KFMB Radio

01:49 min | 3 years ago

"smartvestor" Discussed on 760 KFMB Radio

"And speak with scott the morning scott smartvestor chase are going to help you your morning uh you know what you're talking about with uh people like uh making decisions will they really don't understand the prophet uh i uh i was trained in the principles of w at work to deming you will the guy that went to japan and set up this potential processed control procedures for uh the japanese companies and uh you know you stood got plot only stuff you know like us standard deviation uh above the mean or whatever and anything beyond that was a special caused that he would pay attention to anything that was it within the variance of a normal standard deviation with something not to pay attention to and it's amazing you know so many people pay attention to little thing and think that you know anecdotally they know the answer and really it they're looking at something else like maybe uh some moderator variable or something that's involved where they don't really understand the corner um so you know uh i would tell people leave the better understand the process before they do it just like you said you don't do gold you really don't understand the whole process behind it right right and he and you're survey because again people the the the batting here skies at people have a little bit of information and they think they know it all and they get into some thing and it doesn't work men understand why because they may have just spent realistically five ten minutes and turner stand it somebody else pull them something briefly about it like wow this is great this bitcoin thing this whatever it may be like wow this is great and they get into a and understand why they lose money over and over again well you know uh the bitcoin thing when it first came out with that there's a thing called bitcoin mining and that would have been an arm to go into you didn't have to pay a dime all you were doing is using your computers to mind bitcoin right and there were people like very technical people that got into it that made millions of dollars right at.

scott smartvestor deming japan turner five ten minutes