How to Invest

Investing a percentage of your money can help you retire wealthy. Also, it can protect you against inflation (or the devaluation of money).

Dave Ramsey invests in growth stock mutual funds that have a track record of growth:

Dave buys four types of mutual funds:

1. Growth and Income: these are large cap funds or blue chip funds. Large companies. These stocks are the most stable. They don’t rise or fall quickly. 
2. Growth: these stocks are from medium-sized companies that are growing. Standard growth stock mutual funds. You can get funds that outperform the S&P 500.
3. Aggressive Growth: these are small cap funds. Start-up companies. More volatile than the stock market. Also called emerging market. 
4. International: these stocks are from international companies.

It pays to understand what you are investing in. I recommend talking to a financial advisor.