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: https://www.youtube.com/c/TheRamseyShowEpisodes
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GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & READ MY THOUGHTS ON THE MARKET - USE CODE GRAHAM: http://www.public.com/graham
Trade Bitcoin, Doge, and other crypto with low fees on FTX. Use my referral code GRAHAM and get up to $100 FOR FREE: https://ftx.us/partners/graham
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Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
I used to really like Dave Ramsey until I heard him get political in a short recently. It just shows heโs not aware of all the data available about our current state of the economy. Itโs a real bummer. I think heโs too old school now. Times they are a changing.
This was good video. I cant stand dave in the ways he does things but this video is perfect. Every wealthy person I know all leverage debt to cash flow in more one way. I do get he's trying to help people but I feel Graham helps people more in the long run, even most the wealthy people I know don't like dave and love watching Graham.
I really enjoyed watching this!
This guy is bad news. :/
This is the first video of yours in a long time that Iโve sat down and gave 100% of my attention for the entirety of the video. Would really like to see more content like this, not specifically people reacting to your portfolio, but videos where not only we as fans are educated from your content, but where you as a creator are also rewarded from the experience of making the content. Much like your Kevin OโLeary video, it was very enjoyable to see you alongside with someone that you looked up to. I hope youโre able to put out more content like this. Looking forward to the full podcast episode!
Pretty surprised that Daves conclusions at the end, about 1031 into commercial, is something I agree with entirely.
I don't agree with him on a lot of things. Especially his sort of "broad statements" about credit cards and mortgages and filing for bankruptcy before withdrawing from your 401k. But I have to say his comments in this video are pretty spot on. I don't think I would pay off the loans for any properties I was keeping in CA. Especially at that cash flow and interest rate. But besides that, pretty solid advice I have to say.
I'm surprised that Dave didn't bust your chops over having 30 year Mortgages instead of 15 year.
I watch you regularly and listen to Dave daily, was worried Dave was going to yell at you for the debt ๐ LOL
WE SHARE THE SAME NAME BUT YOURS IS YOUR LAST NAME AND MINE IS MY FIRST.
Keep doing you, itโs a good thing!
Dave said 90% of net worth had come from good deals, however i would argue its 50percent youtube and 50% being able to compound the youtube cashflow at this point for graham. Amazing video!
This Ramsey guy knows what he is talking about. rare find on youtube.
Dave is the kind of guy that believes most people canโt use debt in an advantageous way and heโs right. However, did doesnโt mean those who do are wrong for doing so.
I really enjoyed that [: you are both awesome. I think Dave might be putting that imaginary mathematic number of "Risk" too high. He is gonna be on the side of caution. He must have kids he acts like a dad. He is thinking about his kids and is gonna self preserve. You're still young take the risk "not in those fancy cars" Leverage debt max profits as much as you can stomach. Don't be content to the point you kill your ambitions. Use your mathematical way of thinking to drive you to more profits.
Dave hates all debt, but debt can create huge cash flow. I hear he was one of these people in the 80s but his bank changed management and said he could no longer have the debt and became bankrupt. Idk if banks can do that these days
It helps a lot if you start investing after the bubble pops. No investing, no potential gain. Prices not going up, no gain.
Ok. This was soo cool. Dave Ramsey is why I got interested in money – I started listening to his show and following his advice and money went from mysterious to simple. I really loved this cross-over episode ๐
Highly leveraged
That portfolio will get wiped out in the coming years. Greatest Depression will not take prisoners.
This is awesome.
Eat your beans and rice!
These numbers are mind boggling to me, if I had 10% of that Iโd be ecstatic, and not even really care about growing it anymore. Poverty sucks, being born into it, and not having a God given skill makes you feel extremely stuck
Looks like need meet manny koshbin o utube
"You're pretty good at this, you should start a YouTube channel."
This was so good! Canโt wait to see the podcast!!
DAVE RAMSEY ๐๐ป๐๐ป
You will never be rich following anything Ramsey says. Dudes a fossil
I'm just so happy I live in a world with Dave Ramsey and Graham Stephen Collabs
As a guyโฆthis is is 6โ3โ guy tells 5โ9โ what to do. Dave is based on the old school economy.
Great discussion!
Graham doesn't dress like nurich.. gold chains and logos
Dream collab
i have 7k in credit card due.. but i have a gambling losing problem
This was so awesome to see
Daveโs lessons are great for helping folks under 100k who are in a bad spot. Iโm not a real estate person based on potential or growth. Thatโs a Ben Mullah thing vs Dave.
Ask any Chinese investor about real estate lately.
Wow Dave Ramsey still living in the roaring 20s with that 100 year old mindset no debt cash is king mentality? What about inflashion ?