Dave Ramsey gives his 3 rules for investing. 1. Invest in what you understand.2. Take it slow.3. Learn from a teacher. | The Ramsey Show

The 7 Baby Steps are a proven, step-by-step plan to take control of your money and build wealth. First, save $1,000 as a starter emergency fund. Then, knock out all debt except your house. Once you’re debt-free, build up 3–6 months of expenses. From there, you’ll invest, save for college, and pay off your home early so you can live and give like no one else. Follow this plan and you’ll change your life forever. | Dave Ramsey

Dave Ramsey Explains His Investing Process

If you invest $100 a month from age 30 to 70, you're going to have over $1 million in your mutual funds and your 401(k). $100 a month. Some of you spend more than that at Taco Bell. | Dave Ramsey

Time and consistency. That’s the key. If you invest $100 a month in good growth stock mutual funds at prevailing market rates from age 25 to 65, you’ll end up with about $1,176,000. The secret isn’t the amount. It’s that you didn’t miss a single month for 40 years. $100 can make you a millionaire when you’re steady, predictable, and disciplined. And if you didn’t start at 25? Don’t panic. The best time to start was yesterday, but the next best time is today. Get out of debt so you can start inve

I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international. I personally spread mine in 25% of those four. And I look for mutual funds that have long track records that have outperformed the S&P. | Dave Ramsey