Rachel Cruze
👤 SpeakerAppearances Over Time
Podcast Appearances
What got him into day trading? Like an app or something?
And just trying to... And how old is he when you say teenage? Is it like 13 or 18? He's 17, turning 18.
And just trying to... And how old is he when you say teenage? Is it like 13 or 18? He's 17, turning 18.
And just trying to... And how old is he when you say teenage? Is it like 13 or 18? He's 17, turning 18.
Correct.
Correct.
Correct.
Yeah. I mean, there's only so much I think Ray at this point, you know, you can tell him all that you can. Right. And then he's either going to choose to listen or not, because the truth is, too, he's about to be 18. So he's going to be off on his own. So for the fact of you trying to like.
Yeah. I mean, there's only so much I think Ray at this point, you know, you can tell him all that you can. Right. And then he's either going to choose to listen or not, because the truth is, too, he's about to be 18. So he's going to be off on his own. So for the fact of you trying to like.
Yeah. I mean, there's only so much I think Ray at this point, you know, you can tell him all that you can. Right. And then he's either going to choose to listen or not, because the truth is, too, he's about to be 18. So he's going to be off on his own. So for the fact of you trying to like.
Yeah, and I think that's not going to give him the tools in life that he's going to need here in a few months when he goes off on his own. So, yeah, I think it's showing him the facts.
Yeah, and I think that's not going to give him the tools in life that he's going to need here in a few months when he goes off on his own. So, yeah, I think it's showing him the facts.
Yeah, and I think that's not going to give him the tools in life that he's going to need here in a few months when he goes off on his own. So, yeah, I think it's showing him the facts.
And then running even like if you go to RamseySolutions.com and our investment calculator and just say, hey, instead of day trading this money, what if you just put it in a mutual funds at a pretty much a guarantee rate of return of 10, 11 percent? And over, you know, the course of years, you got to just like kind of let it go.
And then running even like if you go to RamseySolutions.com and our investment calculator and just say, hey, instead of day trading this money, what if you just put it in a mutual funds at a pretty much a guarantee rate of return of 10, 11 percent? And over, you know, the course of years, you got to just like kind of let it go.
And then running even like if you go to RamseySolutions.com and our investment calculator and just say, hey, instead of day trading this money, what if you just put it in a mutual funds at a pretty much a guarantee rate of return of 10, 11 percent? And over, you know, the course of years, you got to just like kind of let it go.
But what it'll grow to, you know, so there's ways to build wealth that are pretty guaranteed.
But what it'll grow to, you know, so there's ways to build wealth that are pretty guaranteed.
But what it'll grow to, you know, so there's ways to build wealth that are pretty guaranteed.
Yeah, I was going to say this kind of this is exactly what I think they prey on people that love quick results, high risk. And some people are just wired that way. I mean, they really are. And so it does take a level of maturity and discipline to say, you know, if I'm going to build wealth. The right way that's going to sustain me long term. It's not these risky type of investments.