Dave Ramsey Says He Only Has 3 Investments and Always Skips Single Stocks — 'I'll Set My Net Worth Down Beside Yours While You Mouth Off'
Dave Ramsey Says He Only Has 3 Investments and Always Skips Single Stocks — 'I'll Set My Net Worth Down Beside Yours While You Mouth Off'.
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Some investors build watchlists with hundreds of stocks. Personal finance personality Dave Ramsey says his entire investment strategy fits into three buckets—and he isn't losing sleep over whatever Wall Street is hyping this week.
"I have three investments. That's all I have," Ramsey said on " The Ramsey Show " in 2024. "My business, paid-for real estate with no mortgages, and mutual funds."
For Ramsey, the formula isn't about finding the next big winner. It's about ignoring distractions.
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Ramsey has little patience for complicated portfolios or speculative bets.
"I don't play single stocks. I don't screw around with gold," he said. "I don't mess with Bitcoin, and I don't need your stock tip from your broke golfing buddy with an opinion."
He followed with an equally pointed response to critics who insist his approach leaves money on the table.
"You know, you missed out on getting in on this deal. Ramsey didn't miss a thing," he said. "I'll set my net worth down beside yours while you mouth off."
The comments reflect a philosophy Ramsey has preached for decades: wealth isn't built by chasing the latest trend. Instead, he advocates paying off debt, investing consistently in diversified mutual funds and owning real estate free and clear.
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His business, Ramsey Solutions , generates ongoing cash flow. Paid-off real estate provides income without mortgage payments, while mutual funds offer broad exposure to the market instead of relying on the fortunes of a single company.
It's a straightforward strategy that has helped make Ramsey one of America's best-known personal finance voices. But for most people, buying rental properties with cash or building a successful business from scratch isn't realistic—at least not on day one.
Fortunately, investing has evolved in ways that make some of those same ideas more accessible.
Take real estate. Instead of saving hundreds of thousands of dollars for a rental property, platforms like Arrived let investors buy fractional interests in professionally managed rental homes with as little as $ 100, offering exposure to an asset class Ramsey has long favored.
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