if youve got around 300-400k to play with what do u invest in

[loco]

I used to watch these infomercials on getting rich.  Some overtanned oily guy in his early 30's telling you how to buy real estate using his plan or setting up home businesses and they wanted you to pay $300 for their 12 CD course blah blah.  There were dozens of guys like this on TV selling their programs and every single one of them ended up in jail for fraud.  The catch is every time they had a commercial their website URL changed.  How shady is that?

[polychronopolous]

And that's why Dave Ramsey should stay away from investing advice and stick to debt elimination advice and personal savings advice, just like Bogle sticks to investing advice and Buffett sticks to basketball advice.  

In that video, Dave Ramsey sounds to me like he's making excuses for giving bad investing advice..."at least I get people to invest."  

The investing advice from Bogle, Buffett, Bernstein, etc. to invest in low cost index funds is not about superior returns.  It's about low fees and diversification.  In other words, more money for the investor to reinvest and less unnecessary risk.

Dave Ramsey's investing advice is unnecessarily and dangerously risky and expensive.  And Dave Ramsey might be getting paid off by the fund managers he pushes.  Even if he's getting people to invest, those people are losing hundreds of thousands of dollars to unnecessary high fees and unnecessary risk, and they are probably indirectly filling Dave Ramsey's pockets.

Again, the guy has solid debt elimination and personal savings advice, but he should stick to that.

BTW, Dave Ramsey calling people he doesn't know moron and stupid on the Internet, and he doesn't look like he even lifts. If I didn't know better, I'd say he's an average Getbigger.

Can't disagree with anything in this post.

I'll occasionally watch some of his content because I find him to be entertaining and funny at times even though I know his investment advice is not optimal.

Plus it is just amazing to see some of the situations his listeners have put themselves into with debt.

[loco]

Can't disagree with anything in this post.

I'll occasionally watch some of his content because I find him to be entertaining and funny at times even though I know his investment advice is not optimal.

Plus it is just amazing to see some of the situations his listeners have put themselves into with debt.

He does come across as an entertaining getbigger.    

Caller:  Dave, I think your investing advice is wrong.

Dave:  Oh yeah?  F@#k off, you moron.

[Mr Anabolic]

People here who are recommending stocks (and/or some billionaire stock picking guru) are giving very bad advice.  The stock market is the biggest bubble in history right now.  Bubbles can be, and usually are very irrational.  They keep getting bigger until they suck in every last idiot.  Can it keep going up?... sure.  However, when it inevitably pops it will be one of the largest crashes of all time... much worse than 1929.  It will probably take months to be fully realized because of the multitudes of idiots and computer programs who will be "buying the dip".

[loco]

People here who are recommending stocks (and/or some billionaire stock picking guru) are giving very bad advice.  The stock market is the biggest bubble in history right now.  Bubbles can be, and usually are very irrational.  They keep getting bigger until they suck in every last idiot.  Can it keep going up?... sure.  However, when it inevitably pops it will be one of the largest crashes of all time... much worse than 1929.  It will probably take months to be fully realized because of the multitudes of idiots and computer programs who will be "buying the dip".

Oh boy

[mazrim]

Great thread. Wife and I have been looking into what we want to do with our investments lately. At first, we were looking to save up to pay cash for a house (almost have enough) as thought that was the smartest thing to do before looking into investing seriously and seeing how the returns on investing in the market would potentially blow the interest of a house out of the water longterm. Knowledge is very rudimentary on this topic so an interesting thread for me. Also looking into rental properties/units.

[El Diablo Blanco]

People here who are recommending stocks (and/or some billionaire stock picking guru) are giving very bad advice.  The stock market is the biggest bubble in history right now.  Bubbles can be, and usually are very irrational.  They keep getting bigger until they suck in every last idiot.  Can it keep going up?... sure.  However, when it inevitably pops it will be one of the largest crashes of all time... much worse than 1929.  It will probably take months to be fully realized because of the multitudes of idiots and computer programs who will be "buying the dip".

The market is bound for record gains for at least 2 more years before a crash.  Trump is looking to cut corp taxes from 35% to 15%.  Imagine a 20% boost in profits across all companies in the NYSE or NASDAQ.  The bubble has yet to achieve max erect status.

[loco]

Great thread. Wife and I have been looking into what we want to do with our investments lately. At first, we were looking to save up to pay cash for a house (almost have enough) as thought that was the smartest thing to do before looking into investing seriously and seeing how the returns on investing in the market would potentially blow the interest of a house out of the water longterm. Knowledge is very rudimentary on this topic so an interesting thread for me. Also looking into rental properties/units.

Get a low, fixed rate mortgage, put 20% down, make one extra payment a year.  Invest the rest in a Roth IRA at Vanguard, in low cost Index funds.

[Simple Simon]

Buy a 6 unit apt complex and rent it to ppl on low income housing. You get a check from the gov't instead of harrassing them each month. Live in 1 unit and rent thebother 5 (or a 4 unit duplex, rent the other 3.) You can do the same with a house. Did it back in the day and govt paid about $1200/mon over what the Market was at the time. Which was about $2200 over what the mortgage was.

shame you are the guy living in one of the 6 apartments.

[polychronopolous]

He does come across as an entertaining getbigger.    

Caller:  Dave, I think your investing advice is wrong.

Dave:  Oh yeah?  F@#k off, you moron.

Haha yeah he always has to be the bad ass alpha male and control the conversation when it's not going exactly the way he wants it to.

[Surfboard 1717]

Invest in Vince Basile gym 

[Bulgarian_enforcer]

strippers, weed, hgh, aas, g63 amg, few new outfits.

[mazrim]

Get a low, fixed rate mortgage, put 20% down, make one extra payment a year.  Invest the rest in a Roth IRA at Vanguard, in low cost Index funds.

Can't you only put $5,500 towards a Roth yearly (last year number)?

[loco]

Can't you only put $5,500 towards a Roth yearly (last year number)?

Yes.  Maximize that first, then maximize your 401K contributions if you have one.  If not, then contribute to a traditional IRA after maximizing your Roth IRA.

You should be protecting your money from the big three: Inflation, taxes, and high fees.

[Pray_4_War]

I'd invest in my cock by purchasing a Ferrari.

If I had a Ferrari I could have banged that gorgeous blonde I saw today at Walgreens.

My cock would be a very grateful cock.