Navigating Family Investments: Risks and Recommendations

In this chapter, a listener questions the benefits of combining family funds for investment, weighing the risks involved. The discussion reveals that similar investment opportunities exist regardless of fund size, suggesting that personalized investment strategies may be more effective.

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📈 ⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠

Dave Ramsey and Dr. John Delony answer your questions and discuss:

"How can I explain to my girlfriend that if she moves in with me, I can pay down debt faster?"
"I have been paying on my car since 2017, but I owe more now than the original purchase price. How is this happening?"
"I am $280,000 in debt on business credit cards, should I file for bankruptcy?"
"Should we buy our car that was totaled by the insurance company?"
"Should I move into the parsonage for my church?"
"Should I get solar panels now before the tax credits expire due to the 'Big Beautiful Bill'?"
"I'm being sued by my mom's ex-landlord, should I be worried?"
"Where should my family invest our nest egg?"
"Should I cancel my universal index policy?"
"How much can I spend on travel while in retirement?"
"How do I adjust as a newly single mom?"
"How can I get more income while I'm on workers' comp?"
"How do we structure a prenup? My fiancé's family is crazy and I don’t want them to have access to my inheritance"