“You’re Not Going To Hear This on the News”

Summary

Podcast Summary: "You’re Not Going To Hear This on the News"

Podcast: The Ramsey Show Highlights
Host(s): Dave Ramsey, Jade Warshaw
Date: January 12, 2026
Duration: ~10 minutes

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Overview

In this episode, Dave Ramsey and Jade Warshaw push back against the constant negative financial headlines in the news, shining a spotlight on the strong performance of the stock market over the past three years. Their message: the news rarely reports good financial news, and focusing on long-term investing—regardless of the noise—is the smart play. They use real numbers to illustrate the benefits of steady investing and encourage listeners to get out of debt and start investing, rather than letting fear dictate their financial decisions.

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Key Discussion Points & Insights

1. The News Only Reports the Negative—Here’s the Good News

• Dave Ramsey (00:06): Kicks off by criticizing the news for focusing only on market downturns, not the wins.
• Market Highlights (00:12 – 00:50):
  • S&P 500 performance:
    • 2023: up 26%
    • 2024: up 25%
    • 2025: up 16%
  • Over three years, a $100,000 investment nearly doubles to about $170,000.
    • Quote:

      "If you had $100,000 in your 401k in a basic growth stock mutual fund, if you've added nothing to it, you now have almost doubled it at 170." — Dave Ramsey (00:35)

2. Ignored Gains & The Cost of Worry

• Jade (00:54): Emphasizes how much money people have missed out on by letting bad news scare them out of investing.
  • Quote:

    "That's a lot of money that you missed because you were watching the news worrying about government shutdowns..."

• Dave (00:56 – 01:48): Shares his own approach: consistent investing regardless of headlines.
  • References years of market scares that ultimately proved irrelevant.
  • Quote:

    "I'm just the tortoise. I just keep investing every week, every day, every month." — Dave Ramsey (01:05)

3. Long-Term Investing Outpaces Fear & Savings

• Dave (01:49 – 02:41): Illustrates that even mediocre mutual funds outperformed high-yield savings accounts by a wide margin during the bullish years.
  • Quote:

    "If you have a mutual fund that sucks so bad that your mutual fund did half as good as the stock market, you still did three times what your high yield savings would have done." — Dave Ramsey (02:24)

4. Action Steps and Mindset Shifts

• Invest Consistently & Ignore the Noise (03:22 – 03:29):

  • Both hosts encourage listeners to stay focused, avoid being swayed by negative headlines, and keep investing.
  • Quote:

    "You keep investing and you don't stop investing. And if you need to turn off the news, it's not a bad idea." — Dave Ramsey (03:23)

• Get Out of Debt to Take Advantage (03:29 – 03:42):

  • The importance of getting out of debt to be positioned for investment growth.
  • Quote:

    "The time is get your butt out of debt. So you get to take advantage of this." — Dave Ramsey (03:34)

5. Results of Staying in the Market

• Dave (03:39 – 04:05): Breaks down what the recent run means for larger portfolios:

  • $1 million invested: $700,000 made in three years.
  • $10 million invested: $7 million gained in three years.
  • Emphasizes these gains aren’t guaranteed for the future, but this is what steady investing has provided.
  • Quote:

    "That means you made $700,000 in three years on your million sleeping." — Dave Ramsey (03:41)

• Jade (04:05): Lightheartedly notes Dave’s good mood is justified.

  • Quote:

    "But it explains why you're in such a good mood." — Jade (04:05)

• Dave (04:10): Attributes his positivity to investing results—and coffee.

  • Quote:

    "That and coffee. Yes. I love it." — Dave Ramsey (04:10)

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Notable Quotes & Memorable Moments

• On the media’s selective reporting:

  "You're not going to hear this on the news, okay? The only thing you hear on the news is when the whole world's coming to an end." — Dave Ramsey (01:49)

• On consistency:

  "I'm just the tortoise. I just keep investing every week, every day, every month." — Dave Ramsey (01:05)

• On practical advice:

  "If you need to turn off the news, it's not a bad idea." — Dave Ramsey (03:23)

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Timestamps for Important Segments

• 00:06 — “They never report good news.”
• 00:35 — The math of steady investing over 3 years
• 01:05 — Dave’s consistent, long-term approach
• 01:49 — You’re not going to hear this on the news
• 02:24 — Mutual funds vs. high-yield savings
• 03:23 — Stay invested, ignore the noise
• 03:34 — Get out of debt to take advantage
• 03:41 — What it means for $1M and $10M portfolios
• 04:10 — “That and coffee. Yes. I love it.”

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Takeaways

• Don’t let negative headlines dictate your financial strategy; history shows markets often outperform fears.
• Steady, disciplined investing—regardless of current events—yields powerful long-term results.
• Ignore sensationalist news, focus on getting out of debt, and get in the market to enjoy real compound growth.

Original tone: Encouraging, blunt, down-to-earth, and practical—true to the Ramsey Show style.

Transcript

[Radio Host/Announcer]

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[Dave Ramsey]

Jade, we often talk about around here how the only thing you hear on the news about the markets is bad news.

[Jade]

That's right.

[Dave Ramsey]

They never report good news. So let me give you the good news. Okay? The stock market was up the S and P in 2023. 26%. The stock market was up in 2024. 25%. The stock market was up in 2025. 16%. That's a total of 67% in three years. That means three years ago, if you had $100,000 in your 401k in a basic growth stock mutual fund, if you've added nothing to it, you now have almost doubled it at 170.

[Jade]

That's right.

[Dave Ramsey]

That's not on the news.

[Jade]

No. And that's a lot of money that.

[Dave Ramsey]

You missed because you were watching the news worrying about government shutdowns and tariffs and artificial intelligence bubbles, whatever that is, and whatever else it is that you believe that you're gonna watch bad news for every day. So meanwhile, I'm just the tortoise. I just keep investing every week, every day, every month. I just put a little more in, a little more in. And all these years, 65 years old, I've been doing that over and over and over, not worrying about what the news said. We've outlived the Internet. We've outlived Sirius XM Radio. We've outlived Bill Donahue and Sally Jesse Raphael.

[Jade]

That's a blast from the past.

[Dave Ramsey]

Wow. I'm trying to think of weird stuff from the past. Yeah. And here we are. And, you know, you just keep investing and you just keep living and you keep. And, guys, you're not going to hear this on the news, okay? The only thing you hear on the news is when the whole world's coming to an end. Right? And what happened the stock market when the president did so and so, or when he didn't do so and so, or when Iraq did so and so, or Iran did so and so, or name it and it's in the news. And, oh, the market, the market, the market up 16% last year. 16%. That means if it had done half, if you have a mutual fund that sucks so bad that your mutual fund did half as good as the stock market, you still did three times what your high yield savings would have done.

[Jade]

It's a big deal.

[Dave Ramsey]

Smoke on that for a second. Okay? Hello.

[Radio Host/Announcer]

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[Jade]

10% off? Up to a $250 value.

[Dave Ramsey]

See store for details. Smoke on that for a second. Okay. Hello. This is a big deal, y'. All.

[Radio Host/Announcer]

This is why you start investing.

[Dave Ramsey]

You keep investing and you don't stop investing. And if you need to turn off the news, it's not a bad idea.

[Jade]

And this is also why you get started on the things we teach. So you don't miss out on stuff like this.

[Dave Ramsey]

Because the time is get your butt out of debt. So you get to take advantage of this.

[Jade]

The time is passing because, I mean.

[Dave Ramsey]

If you got a million dollars in.

[Jade]

There during this time, it's looking nice.

[Dave Ramsey]

That means you made $700,000 in three years on your million sleeping. If you got 10 million, you just made $7 million on your 10 million in three years. Now, is that a guarantee? No. Is it going to happen in the next three years? No.

[Jade]

But it explains why you're in such a good mood.

[Dave Ramsey]

That and coffee. Yes. I love it.

[Radio Host/Announcer]

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