Title | : | We Invested Over $100,000 In Gold Coins!!! |
Lasting | : | 5.41 |
Date of publication | : | |
Views | : | 542 rb |
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Gold is not an investment It is a storer of value In times of hardship and uncertainty, the value of your paper money may go down due to many factors like inflation, currency devaluation, etc But the value of gold only goes up during hardship and uncertainty This is the reason why every financially strong and stable country has a gold reserve Comment from : Anonymous |
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Dave has the best set of basic advice, having said that he’s not always 100 correct Once the damage is done a dyou purchased the gold it’s the same as any other investment the sooner you get off the more damage you take, if you don’t need the cash hold the gold Comment from : Flexing 4 |
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Gold will outlive the US stock market It's not something that will make you wealthy but it's a tool that has been used for millenia as money and wealth preservation Have small position relative to your net worth and pass it down the family tree Comment from : Ohwhale |
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Pay off the mortgage keep the rest of the gold and start buying silver Comment from : Taylorman40 x |
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Investment got nothing to do with itwhy cant this basic understanding be acceptedits about insurance of moneythere will be a day many wished they didnt sell what they hadand that day is soon Comment from : Enigmatic51 Me |
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I don't understand If she bought the gold in 2010, it was worth $1000 per ounce It's now worth $2000 per ounce She made a 100 return, so why is he Dave saying she's losing 50 of her money? Doesn't make sense Comment from : Facts Matter with Roman Balmakov |
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Well he sure was wrong, I hope her husband got her to just set the gold aside & just wait, if he was man enough I'd take the gold & hide it from her She said they just had 3 more years on their mortgage just ride it out Comment from : VerifyVeracity |
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Hope she didn’t listen to his advice 😂 Comment from : DY |
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Saying keeping it is like buying again makes absolutely no sense to me, the gold is bought and paid for Its not eating nor drinking She has 100,000 in a pretty safe asset which acts like an emergency fund she can invest her other money into more risky assets knowing she has the gold as a back up to cover short term volitility in the markets Comment from : Connor G |
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If Gold is such a bad investment why are the Central banks buying it like crazy? Remember governments can not print more Gold Comment from : Brock Higdon |
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This guy is a Fraud!!!! Comment from : 1845 man |
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If she doesn’t need the money, why sell it? Just use it as a hedge and as an emergency asset I don’t understand the panic And shame on Dave for gaslighting her into selling it Comment from : Brad Phillips |
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I bought at $300 an ounce so I’m good Comment from : Wes Stacks |
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2023 Gold at 2000$, and at time of this video Gold was at 1200$ 🤦🏽♂️ Comment from : Mark Acevedo |
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Dave fucked this one up Comment from : SwampSmash Vids |
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Her husband took the cash out of the bank during a time of banking collapse and bought goldnow he still has his money in a non risk asset during a time of rising inflation ( gold always rises in value as inflation goes up )brbrPity he told her to sell ittheir money was safe if she kept it Comment from : adrianjos04 |
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Annnnnd he cost her 100k 😂 Comment from : Adam Mcgrath |
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This guy is an expert BS’er Comment from : This Didn’t Age Well |
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I hope she was able to sue Dave and get some of the tens of thousands back that he cost her This is some of the worst advice I've ever heard, and the whole flip-flopping on looking to past performance has me baffled What??? Awful, awful video 👎👎 Comment from : Im not a robot |
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Good advice Dave,if they waited till today they woulda broke even instead of losing 50 Comment from : 18wheeler76 |
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yes agreed hes a dumb b**/b she shouldve waited Comment from : TONY B |
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Aged like milk Comment from : LouDog |
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I am Comment from : Robert R |
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Gold's not an investment Dave Its real money Its going to double in price Comment from : Robert R |
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Didn't age well Comment from : steve bramblett |
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this guys talking absolute baloney Get a job you ( / ) Comment from : dwayne dibley |
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I would! Comment from : Respect America 2 |
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Good job Dave! You are a 🤡🤡🤡 Comment from : Kregg Danuser |
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He’s wrong hold it till it goes up Comment from : Miguel Iniguez |
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HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Comment from : NSMO647 |
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I'm sure she probably has Stockholm syndrome about it "I'm still glad I got rid of it" And will probably continue to believe it when the dollar collapses Comment from : Tony R Baxter |
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I bet she's mad when she found out what it went for during the pandemic!! She could've gotten over $800 more per ounce! Comment from : Trakehner20 |
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lol this is terrable advise dont listen to this garbage Comment from : Losiano Love All |
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Buying high is dumb and so is selling low smh Comment from : Sedrick |
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This didn't age well Comment from : Jimmy McGill |
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You lost me Dave…??? Comment from : Jøsafat Arango |
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Hopefully she didn't sell, Dave is very condescending and gets it wrong plenty of times Comment from : Ted Richardson |
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Terrible advice! This guy sucks! Comment from : S1N2D3S |
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this didn't age well Comment from : Yohan GK |
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This didn’t age well… Dave Ramsey should study central banks & fiat currency 🤣🤣🤣 Comment from : Sally LeJune |
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You CAN predict that all central banks keep creating currency Comment from : EazyE |
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This video did not age well 🤨 Comment from : EROD EROD |
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Dave is another elite puppet sent to deceive the masses Comment from : Fanny Wayne |
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I respect Ramsey on paying off and getting out of debt and even building emergency savings, but it seems he really sucks at investment advice Comment from : Jordon Haslem |
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Superoke Comment from : SANDOR VARGA |
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Yeah I see it that's what I did I paid 1100 for a kilo I gave it to my bro I told him it's yours this is what I paid do what ever you want with it happy birthday 🎉 If I gave him cash he would spend it But if it sky rockets or need cash fast he will have near 1000 Comment from : Sars101 |
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Man I hope this lady didn’t take Dave up on his advice Comment from : Klitz |
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Sell to me for half value and move on Comment from : James Edwards |
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Good move Comment from : Matthew James Montgomery |
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😂😂😂would of made money if she held and sold now Comment from : THE NorwegianMOOSE |
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This video proves no one knows everything Comment from : Chef Blaze |
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Wow, this advice aged poorly Dave Ramsey gives out terrible advice at times It would be great to do a follow-up show with people that called in to see what happened I bet his success record is no better than throwing darts at a board Comment from : Vicarium |
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Dave is a crook! Comment from : C H |
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Great fundamental break-down Comment from : Chris |
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Dave is only somewhat useful for poor people to get out of debt He’s pretty awful if you’re interested in generating wealth Comment from : Eric P |
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Do you want to learn more on investment principles and strategies? Comment from : Jimmy Philip |
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Is this guy stupid o what Comment from : Jose Aguilar |
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SMH he correct lady, please send this garbage over to my house I’ll get rid of this horrible investment for you PLEASE Comment from : Gigantic |
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Caller bought it at a top and he advises her to sell it at a bottom Sounds right This is perhaps one of the dumbest things I have ever witnessed Comment from : jdm1066 |
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I feel for this lady Comment from : Jamie K |
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Probably save money on mortgage by paying off the house with money loss Comment from : Phong Nguyen |
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Clown 🤡 Comment from : J ♞ |
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Omg Dave bad advice The caller hopefully uses her brain Comment from : COMEBACK KIAN |
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If only they had held until April 2020… Comment from : Kate Seagrave |
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Dave his so f! condescending! and rude he interrupts constantly Narcissistic, claims to be a Christian but has no Humility Comment from : XR650L |
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This hasn't aged well with the current situation lol Thats because people don't do their own research I would never have sold it considering we are going through a currency reset Comment from : Scott Matlock |
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The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with the current economic crisis around the world Comment from : David Jones |
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Here in 2021 with the crazy inflation this turned out to be awful advice Comment from : 2ATexan |
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Idiot Comment from : MGTOW CHAMPION |
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Did you cry in 2020? LOL Comment from : Yeshu Aggarwal |
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This guy is an idiot he doesnt understand money inflation leverage and power of borrowing to invest when fiat is becoming worthless Comment from : Heshkin P |
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Ramsey came out pretty wrong on that one huh Comment from : Zinnshady |
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What do we think the dollar going to do in the future??? Well we know! Don’t listen to this idiot! Comment from : Bob |
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Hope she didn't follow his advice he is so opinionated Comment from : SAM SOUM |
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The way you analyze whether to hold an asset is not to reflect on whether you would buy it today This is very poor logic Whether you close a position today is a completely different decision as to whether you would open a position on something you currently don't own I hope she didn't follow his advice Comment from : Mike |
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Mr RamseyI thought you were joking I saw a video of the broke cousin you always referring to who perhaps live in his mother basement Scary guy! Comment from : M Love Spring |
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Why sell it if you don’t need the money? It cost way to much to sell Comment from : Shane C Hostetler |
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my question is, now that we're heading towards more continual inflation, do you shoot for investments that double what we lose on inflation, or where is the alternative investment if you don't trust the USD Comment from : ywamdan |
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So 2018 it was in the 1200-1300 ballpark, now (2021) it in the 1700+ ballpark Hmmmmm Comment from : johnboylong40 |
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Ramsey right now 🤡 Comment from : Javi Garci |
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Just follow Buffets advice to never lose money When it’s down, WAIT! Comment from : Bart Van Riel |
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I WANT TO BE LIKE YOU WHEN I GRIW UP Comment from : FACTZ!!! |
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Fast forward, isn't this interesting to listen to present-time I cannot believe he recommended selling her precious metals especially given her stable financial circumstances at that time 😔 Interesting he mentions critical thinking 🤔 Clearly, Dave does not have ALL the answers!!! Comment from : OverTheRainbow |
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This did not age well Comment from : Chayton Wendler |
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Your wrong on every point you make about everything Dave, good luck going bankrupt "again" Comment from : Ryan Le Gras |
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This boomer will never convince me to give up my shiny rocks Comment from : MMWALSH98 |
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No Dave, you're wrong on this one Comment from : Terrance Cole |
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Wow, what a bad decision to sell when she did She must feel bad that he badgered her into selling Comment from : El Barto ! |
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Brilliant this aged wonderfully Comment from : Josh Harrington |
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I respect Mr Ramsey and have fallowed many of his financial principles through the years he was wrong here and time has proven it so Comment from : Luis King |
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I bet she’s wishing she had kept it now Comment from : Jackson Taylor |
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Bruh, if you don't need this money right now, DON'T SELL IT WAIT Ughhh, this was such stupid advice The decision to sell with any investment isn't one made and executed the same day It's you saying, okay on the next swing up, I'm getting off the ride Dave cost this poor woman a lot of money Comment from : Anon |
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Bet they wish she never called Dave ramsey Comment from : Luckylufilmz |
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Goodness more often than not I feel like Dave is a charlatan smh Comment from : Jose Badillo |
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Welp, Ramsey made another "TIMING" mistake 3/9/21 Comment from : Musa I of Mali |
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sell today lol Comment from : Alovei |
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Dave came across as arrogant and gave this woman horrible advice brThe study of economics and personal finance is > radio talk show host advice🙄 Comment from : HighPlainsDrifter |
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Should have held on to it Comment from : Mike |
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