Dave Ramsey
๐ค SpeakerAppearances Over Time
Podcast Appearances
If you bought a rental property and paid cash for it, it doesn't, you know, put $500,000 into that.
It doesn't pay you what if you took that same $500,000 and opened a business.
It would pay you a lot more, but you've got to work more.
as you have figured out.
So no, I would not open six businesses and call that investing.
That's just serial entrepreneur and they're all going to fail because of lack of focus.
I would not do that.
Decide what businesses you want to be in and very carefully and very diligently and very gradually make your move into those
and away from trucking so that you can get off the road because it sounds like that's really what you need to do.
And then as far as your investing goes, I personally invest, Angel, in two things other than my business.
And I put money in good growth stock mutual funds.
And you can find a person that doesn't work for me but that we recommend called a SmartVestor Pro on our website only at not on Instagram.
You can't find them there.
You can find them on our website at RamseySolutions.com and click on SmartVestor.
They'll sit down with you and help you do some mutual fund investing.
But you're not putting enough money in there right now to not have to work.
It's going to be a long time before you get there.
And then I personally also buy real estate that I pay cash for, but I would only recommend that to you after you're 100% debt-free house and truck and everything.
And so I'm going to get you completely out of debt.
That frees up all your money to build wealth with and to be generous with.