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Dave Ramsey says investing strategy that turned $270K into $1 million is “unsustainable”

Dave Ramsey says investing strategy that turned $270K into $1 million is “unsustainable”

Dave Ramsey says investing strategy that turned $270K into $1 million is “unsustainable”

© Photo by Anna Webber/Getty Images for SiriusXM





One of the best ways to grow your net worth is to invest in assets whose value can rise over time. And many people like to turn to the stock market to achieve that goal.

During a recent episode of The Ramsey Show, a caller named Michelle shared her investing story. And while it’s an impressive one, Ramsey was quick to call her strategy “unsustainable.”

Where one investor may have gone wrong — despite sold results

Michelle invested $270,000 in 2022 that she received as a life insurance payout. She chose a group of strong stocks that exploded over the next three years. As a result, she was able to grow her $270,000 into a very impressive $1.1 million.

While…

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