Ramsey is transparent about his conservative investment style. He encourages his followers against investing inindividual stocksand instead recommendsmutual fundswith strong a performance history. His personal investment portfolio consists of four types of mutual funds: growth, growth and income, aggressive ...
I like these funds because they are "idiot proof" since they take away asset allocation and re-balancing decisions. When Dave says a "high growth stock mutual fund," the Vanguard LifeStrategy Growth Fund pops into my mind. Dave Ramsey listeners would be well served to learn about the ...
Dave Ramsey is a personal finance expert and is most well known for his 7 baby steps to help you get out of debt and take control of your money. While these steps have helped millions of people, they are not perfect.Below I’ll walk through the pros and cons of Dave Ramsey’s Baby ...
So, now I had a choice–I could pay off my student loans or invest the money. Since I believe in owning stocks as one of the best ways to build wealth, I chose to invest the full amount in stock mutual funds, rather than pay down debt. Almost immediately the market would test that...
In most cases, your HSA acts like a savings account at first and earns interest the same way a normal savings account does. Other Health Savings Accounts let you invest the money in mutual funds right away—just like an IRA! Some providers require a minimum balance before you can start inv...