How My Investments Did In 2024 (My Actual Numbers)

[@jeffreysirkin7120]

I love how you quickly glance over the fees issue....no that's a HUGE issue.

[@josephstupar3372]

Compounds to be a few 100,000$ more over 30-45 years if the fees 1-2% vs a .2-.4 index fund. If they make close to the same return.

[@todd2456]

So, those 4 mutual fund categories returned 17.24%, well below the market average for 2024, and way more expensive. An S&P500 index fund with an expense ratio of 0.015% would have returned almost 25%.

[@kckuc310]

@@todd2456 exactly, don’t following investment advise from Dave or team.

[@SteveHatmakerJr]

Yup. But they don’t get kick backs from the funds, if they don’t pitch mutual funds as great investments.

[@innocuous_name7212]

That is not quite a fair comparison. He is more diversified than that to mitigate risk. The portion of his portfolio that compares is the Large cap and the return was up around 28% thereby beating comparable S&P (fundamentally large cap) index funds.

[@joshjhoward]

Nvidia is not an international company, they're based out of California. Did you mean something like ASML?

[@jasonbroom7147]

Warren Buffett said if he was starting over he would put 90% into a low-cost S&P 500 index fund and the rest in cash. I'm not smarter than Warren Buffett, so that's how I have invested for the last 17 years. The S&P 500 has returned an average of 15.2% during that time period, a rate of return I can live with. This is a set it and forget it approach, with no annual rebalancing needed. Also, since 100% of companies on the S&P 500 list are multinationals (they actually generate 70-80% of their gross revenues outside of the US) there is no need for an "international" fund in any portfolio...the S&P is essentially a "world fund", all by itself.

[@freedomring3022]

The S& P are the top 500 American companies. By multinational I am assuming you mean they do business around the globe.

[@FXPhysics]

Typical retail focus on returns alone. Way to conveniently gloss over the fact that investing in an SP500 index fund also means you are NOT managing risk. We'll see how the bragging rights hold up once the market tanks by 50+% like it did back in 2008.

[@danieljohnson4418]

I can't compute this advice because it's not how Ramsey, et al. programmed me.

[@jasonbroom7147]

@@FXPhysics - So, what you're saying is, you ARE smarter than Warren Buffett? ;) When the market corrects, like it has done twice since 2008, you just keep investing while it recovers. In the end, only TWO things matter when it comes to investing; DCA and CI - dollar-cost averaging and compound interest. So long as the market goes up, nothing else really matters. Only fools think they are smarter than the market. Is that you?

[@gibblespascack1418]

After he said that I moved my Fidelity Asset Manager fund to Fidelity S&P500 fund(0.01% fee). Now I almost match the market. Buffet is right, if you do not want to own a single growing business, the S&P500 is the way to go.

[@gibblespascack1418]

In 2024, my bulk fund was S&P 500 which was up 23.39%(plus dividends), but that is only a portion of the portfolio. Dragging the rest along, Home(no growth), personal business(no growth), Cash portion(no growth), bonds(no growth because no sale). the total increase was 18.93% for the year. Not bad when you estimate an average of 6% per year and achieve an average of 11% per year for the past 35 years. It was a great year after a previous great year in 2023. (Just so we are speaking the same values that was 2.75M in growth in 10 years from the 2007 peak.)

[@matti2226]

So you underperformed the S&P severely?

[@drfeelgoodphd1485]

"mutual funds that are actively managed will have higher expenses than those that are passively managed, that's not necessarily a bad thing" yes it is a bad thing lol, what good is beating the s&p if you're gonna lose all of that difference to fees? multiple studies have shown that actively managed mutual funds CAN consistently beat the s&p in performance BUT almost all actually fall short of the s&p when fees are included. I'd rather just invest in index funds and lock in a completely average return instead of adding the risk of under performing just to get the slight chance to over perform

[@X.MillennialResponder.X]

The last time he countered his overlord, he was slapped on air. The only reason he’s saying it this way is because his overlord says it this way truthfully I’d like to see if his actual portfolio reflects what Ramsey says or what he knows the actual truth is based on all the different studies. Let’s go back to when he was talking about the 4% rule And he got smacked down by Ramsey.

[@huskiefan06]

S&P 500 index funds all the way. Picking active mutual funds doesn’t work over the long term. The SPIVA report shows this every year. Index funds have a much lower expense ratio and have are no commission. In my opinion, there’s no need for an international fund, index or otherwise. It’s because about 30% of the S&P 500’s total revenue ALREADY comes from international sources. There’s your international exposure right there. Most of the time with our connected world, if the US stock market does well, the world stock market also does well.

[@X.MillennialResponder.X]

8:16 very much agree with us, but one thing I will say is that the S&P 500 doesn’t have exposures to some large international companies, I typically invest 90% in domestic equities in a passive index fund and then have an international passive index fund that excludes US companies. This gives me around 5 to 10% of extra international exposure, both directly and indirectly.

[@JoeFromSomewhere2303]

There is no logic to the idea that: I'm not going to show you the exact fund I invest in, because you MIGHT not have access to it. Ok, but I can still analyze your picks, and potentially learn from that. Feels like this information is being with held unnecessarily.

[@VanGoghGlobetrotter]

Agree 100%! I don’t understand the Ramsey thesis here! Just give actual examples of funds or at least similar funds that you are recommending!

[@Mr_New_Vegas_685]

They withhold that information so you can’t use the actual results to prove them wrong. 94% of actively managed funds underperform the S&P over the long term. I can claim it rained 50 inches at my house yesterday and as long as I don’t tell you where I live it’s hard for you to prove it didn’t.

[@JasRog1026]

He learned from Dave,he also does the same,never says which funds

[@VanGoghGlobetrotter]

@ I’ve noticed that!

[@bradleygraves5915]

For the aggressive funds dropping, I was expecting a "like a jet ski hitting a boat dock" joke.

[@leisure057blank3]

Well now I have to brag. I have one fund in my tax deferred account. That fund returned 36.05% for 2024. I let my major investment company fund manager choose, lol. My ira is through another large investment company. One fund returned 42.68% and the other 45.78%.

[@drewo6388]

Great video George! The market was on a tear in 2024! NVDA is a US domestic company, not international. They're headquartered in California. They'd be lumped in the Growth Fund portfolio along with the Metas and Googles of the world.

[@matthewrudomin]

You guys should use large cap, mid cap, and small cap funds and then international. Your terms, while correct, aren't exactly easy to understand..

[@chevrolet355]

I really like the fxaix fund from fidelity

[@TripSoul10]

Bought $500 worth of shares of that last year and plan to allocate Roth IRA funds towards that to increase total in my Roth. One large capital account I found two years ago & bought many shares of has a gain of $3200+ thanks to its growth & semi annual capital gains they pay.

[@chadbailey7038]

Shout out to Thomas Kincade paintings 🖼️!

[@ryjoph89]

I'd be interested to see you tell us your tickers on these funds and breakdown how much the ACTIVE mutual funds are charging for expense ratios.... and then how much your SmartVestor Ramsey ADVISOR is charging to recreate the S&P500 plus international. And THEN show us the math on what even 1% does to your portfolio (let alone more if active funds plus advisor fees) over the next 30 years

[@alexbernstein1450]

They should probably get someone who knows finance to do this video....

[@user-lr5ys4nk5w]

Do not choose an actively managed fund. Index funds have by a 90% and higher track record never been out performed. Plus actively managed funds require addition fees...this is why Ramsey solutions directs people to edorsed local providers because they are getting their cut. Just do index funds.

[@martyhen]

Now share those fees on those mutual funds. Etfs>mutual funds

[@novak7893]

Nvidia is an American company.

[@davidguilmette2854]

Top Notch Content! Thanks George!

[@shea455]

S&P Index fund - this is the one area of your life where you WANT to be average. We did just fine with 90% of our stock position in S&P, and a small amount in QQQ (technology).

[@davidhoopsfan]

just some thoughts. interesting that for the 'growth and income' portion of the fund, george says it consists of large cap or blue chip companies. he listed amazon and netflix as 2 of the 4 examples, but i don't think those 2 companies are typically seen as blue chip, and they're more aligned as growth companies, considering they're relatively new businesses and neither of them pay a dividend. walmart is probably more in line with being a blue chip company. nvidia is an american company btw. george also glossed over the cost and fees of funds. that's a pretty important thing to consider, especially when there are funds with 0.02% ER's and fidelity even has some 0 funds.

[@dianedo8314]

Way to go- super thrilled for ya! ❤ got my scale from your link- excited to get mine!

[@burritogod59]

Shout out to Insight!

[@MilaN-lt2mq]

If you don’t invest in index funds, you are paying huge management fees. No, thanks.

[@bolts59422]

All that "diversification" and complication for his 401k to under perform the market by almost 8% and pay mutual fund fees... Just buy low cost or free index funds y'all it's almost impossible to actually beat the market over time.

[@kckuc310]

@@bolts59422 exactly

[@PizzaMan5000]

So basically you paid people to underperform the SP500. Got it. I more than doubled the SP500 return without scammy advisors

[@nathanmartin9308]

I've seen 2 gambling ads while watching this video...seems odd to see them while watching a video about saving money.....🤔

[@JoeySmith101]

I opened a Roth IRA 2 years ago, maxed contributions both years, 26% gain in that time.

[@MainConMan]

Damn that's crazy

[@rickenbacker472]

George, please stop using "average annual returns". It's not as simple as adding the returns together and dividing them. This is misleading. E.g. Y1 +50%. Y2 -50%. Average return = 0%, but a $100 investment would now be worth $75.

[@Flownthecoup23]

My gold is up 34% in 2024 haha.

[@kckuc310]

lol not many funds out perform the S&P , your categories certainly do not, international really ? And mid cap? That portfolio would be low. The S &P was up over 23 percent last year alone

[@fernandotrejo3927]

Yeah, Ramsay’s investment advice is a big no no. Just listen to anyone else who knows what they are talking about…

[@markmurrell1894]

TSP=doesn’t name any of their funds (except international) what you just said.

[@pearlescobar9449]

So many smart people here! I’m not sure who’s advice to follow lol

[@RJS1966USMC]

My 401k balance has grown by 41.2% for calendar year 2024. (2023 it grew by 33.54%) (2022 was a stinker and LOST 27.51%) (2021 it grew 21.26%) (2020 it grew 29.72%) (2019 it grew 32.51%) This is as far back as my spreadsheet of tracking my progress goes. I started my participation in the account when I was hired in 2001.

[@bradleygraves5915]

My ROTH covers the 500, 1000, total market and Int'l market indecies. For 2024, I nabbed 20%. I'll take that any year.

[@sally0404]

George when you say you balance your money across those four types of funds do you mean you put 25% of your money into each category? Or are the categories weighed differently depending on historical returns?

[@maryshiflett5861]

Question - doesn't your employer select the "funds" we invest into? I was not aware I can change it. Thoughts?

[@rachelharrison7961]

If you had given your overall return for the year, it would have been obvious that you did not do as well as the S&P 500.

[@TripSoul10]

My accounts went up by 30% while I contribute $1000/month towards 401ks & maxing out Roth IRA. This upcoming year hoping to cross the $200K mark while increasing contributions slowly.

[@puravidaot]

Come on George. You can do better. My lowest return was 25%. My highest return is 150% guess which one!!

[@Sephiroth3000]

Bitcoin?

[@stephf620]

Hey George! Love your videos! Would you be able to do a video/give advice about investing in the UK? ❤

[@TShirtAndReeboks]

Index Mutual Funds fit in with what George is saying, the fees are low, you get invested in S&P 500, and generally outperform those who pick single stocks.

[@JP-fx8hv]

You mention choosing actively managed mutual funds that beat the SP500 - have your funds returns post fees that you’ve chosen beat the SP500 over the past 10 years?

[@ryjoph89]

His active fund choosing Ramsey SmartVestor Pro cant seem to find that report

[@alexmuir3974]

George post your (Actual Numbers) 👀

[@Vtbc2016]

I find it hard to believe in international funds. I get the theory but we are the world’s reserve currency and our economy is closely tied to the rest of the world. If we do bad they do bad.

[@emoney1231]

This is conflating value/growth with size of company. Google and Facebook are not mid-cap. They are the 5th and 6th largest companies by market cap. Sound like you have large value and large growth as two of your categories, which might as well be large blend... AKA S&P500. This REALLY changes your advice. 50% large cap, 25% extended market, and 25% international is much more balanced than 25% large cap, 25% mid-cap, 25% small cap, and 25% international.

[@X.MillennialResponder.X]

Unless you’re working with someone like Warren Buffett, you should not be in an active mutual fund instead you should be in a passive mutual fund or a passive index fund given that 90% of brokers can’t beat the index.

[@vanquish5023]

I've been in a Vanguard Index Fund (follows S&P 500) for the last 7 years. Averaged 14.4% annually. Getting close to half a million in the account.

[@cindyshs]

My primary concern with ETFs is their lack of optimization. A significant drop in any single stock within an ETF can pull down the entire portfolio. That said, ETF or not, I don't see the stock market slowing down anytime soon, and I'm considering investing around $60k. However, I’m not entirely confident in my skills just yet.

[@markharch2233]

However, there are still investors making solid returns during this period. You need to be well-informed or seek help from a professional.

[@ConnyProvost]

I've seen over 45% growth in my portfolio this year, but my Financial Advisor has recommended that we diversify moving forward. It’s clear that a rising market doesn’t always signal a healthy economy, but we might as well capitalize on the current momentum while it lasts.

[@DeslerNatasha]

Could you kindly elaborate on the advisor's background and qualifications?

[@ConnyProvost]

Eleanor Kate Fenn can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

[@joeguillory9269]

Clickbait title

[@freedomring3022]

??? The title is "How My Investments Did In 2024 (My Actual Numbers)" and he actually put them in the video. Did you even watch it?

[@EA-bd7wp]

You clearly didn’t sit down and watch

[@Mr_New_Vegas_685]

If it’s so easy to find actively managed funds that consistently beat the S&P over a 20 year period then name them… maybe when Dave is gone they will actually change this outdated advice.

[@vchap01]

Why are you using growth/aggressive growth and other outdated terms instead of large cap, mid cap and small cap? Most listeners who mostly listen to Dave Ramsey and friends' channels have no idea how to find those funds on common investment platforms because of this.

[@trevorbraun2574]

I’m ready for the current slump to be over… just started my IRA in December and bought at the last peak… in my head I know holding for the long-term will pan out, but in my heart I just wanna see some green trend lines

[@SPYLRS]

I enjoy your content, but this is just straight up bad.

[@ryandefranco7740]

Pretty sure The Worm has never been down.

[@luisdizon2486]

QQQ. 'Nuff said.

[@akshaysalvi-it-is]

Kamel Kamel Kamel!!!

[@aaronsteensma4555]

George! Thanks for the video, you are always engaging.

[@owaisaa1188]

VT is the answer, not all these kinds of funds or boats :D.

[@todd2456]

VT has had annualized average returns of 9.72% , compared to 12.89% for VTI.

[@emmanyalenda9475]

First🎉

[@laylalucy8832]

Since I became so rich in cryptocurrency I realise that crypto is the future cuz I invested 10k and made up to 36k as weekly profit I appreciate the help of your channel 😃🙂

[@bvoyelr]

Very interesting video. Here's my investment strategy/growth: I invested in the S&P 500. It grew 12.6%. I only moved it all over in July, though, so I missed out on the first half of the year. Should have been like 28% And BTW, I've recently done math on how much growth I missed out on by having a "diversified" portfolio: about 30% of my net worth. Which is to say, I'm currently worth around 200k. Had I been in the S&P500 for the past 15 years, I'd be worth 300k. So yeah, diversifying is an option, but I don't think it really has an upside. Go aggressive. When you're going to need the money in the next few years, reduce that amount of investment to money market.

[@gibblespascack1418]

In your 20s and early 30s, yea go aggressive and let it ride. I just turned 60, and I moved 10% of 401K to cash because I might be thinking of retiring. That 10% represents 5 years of my house budget, so that should take care of any downturn which usually recovers in under 2 years.

[@EzioNoreia]

Great analysis, thank you! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). What's the best way to send them to Binance?

[@MainConMan]

What's a usdt?

[@Peter-kt2gb]

Or you could just DCA into Bitcoin. It's a simple and easy strategy. It's done quite well over the past 10 years.

[@fernandotrejo3927]

A bit over complicated. Just buy VT and you are covering pretty much all of that at a really low cost

[@todd2456]

VT has had annualized average returns of 9.72% , compared to 12.89% for VTI.

[@fernandotrejo3927]

@ not comparable instruments in terms of volatility. I personally don’t feel comfortable leaving the rest of the world out of my portfolio. Plus international vs US stocks have gone through different periods where one outperforms the other, my vision is long term (30+ years) so I’d like to cover as much of the world as I can

[@FXPhysics]

Inconvenient fact: every single noob chiming in to hyperfocus on their index fund returns in 2024 will also completely ignore to mention that they have exactly zero risk management in place.

[@bvoyelr]

Like 90% of the comments here are advising to use S&P500. I hope you're not referring to them, thus implying that the S&P500 isn't diverse enough to itself be a hedge against most cognizable risks?

[@bradleysherman4878]

Good stuff, George. Thank you for countering the scammers & hustle bros with common sense.

[@todd2456]

LOL - if common sense means less returns and higher fees.