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Dave Ramsey's investment do's and don'ts

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    Tips to make the most of your money

  • Duration 2:08
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Recent rally weren't historic highs right now what should investors do right now obviously the biggest returns stick with their investments -- sale and run but says personal finance expert Dave Ramsey was always talking about debt but this time you -- -- talking about -- -- -- offense and I corrected if well absolutely you guys may remember back in 2009 on the -- begging people to not.

Run that's out of the stock market because it was diving and everybody was freaking out and I was saying guys just ride it out calm down remain calm and it turns out maybe I would try it I'll just say I told you so all right so in the lightning round because of limited time today due to breaking news we're gonna get your pockets as quickly as you can personal invest for the long term -- at least five or ten years right.

Well absolutely march of 2009 was the bottom and we are in March four years later four long years later.

And so if you had ridden all the way down and written all the way out you'd be just -- and always think long term.

Or don't invest in the stock market so if -- -- you got in back into that figure still it.

And you're happy are Smart still buy in a down market you don't consider this down market -- Not buy in up markets and -- -- and down markets as we don't really know what a down market as.

-- everybody says this is the top of the market that assumes it's going back down how -- you know.

I don't know that I know that over the course of the stock market its average a little over 11% according the S&P 500 right.

-- and and this is your most important point I think it's a 12% reality -- Well the 12% reality is simply this the the market has averaged a little north of 11%.

And there are many mutual funds out there that you can invest in.

That have averaged long term over 12%.

Is -- going to do that going forward there's no guarantees but if you -- -- a good neighborhood when you buy your home usually you've got a good investment.

And of course -- hundred dollars a month invested.

For thirty years will actually become about three million dollars wow.

Still got to stick to it -- and that's your most important point all right David we thank you very much for joining us today from national have a great week.

Thank you futures.

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