Why are some people so ridiculously skeptical that situations like this can actually happen? It can very well happen. Actually, it happens more than most people know.
Every time I ask where to put a lump sum , UA-cam send me to investing. I just want to know where I’ll put until I decide what to do with it. Obviously not in a check account. Where?
I think it's not important when people are so concerned about their grandkids, grandkids, grandkids, grandkids! Forget generational wealth. Concentrate on your wealth & take care of just your children, & do the best that you can to teach them about money & wealth & pray that they teach & pass that on to their children so that your grandchildren is the responsibility of your children & not you!
Manage My Fortune for God!!! I just simply adore the whole conversation. Congratulations to the Gentleman and many more rewards to you all!!! Alhamdulillah Thank you Thank you Thank you Universe
Hello Mr Ramsey,do you have other videos like this?I'm trying to learn so it's second nature when i should get a wind fall of money! Trying to do my research now! Awsome video,thanks!
@@lorriepriddle8604 Exactly.. 😕.. Sounds like someone needs to repent, pray and do "THEIR OWN TITHING" so they can at least see God's shirt tail.. 👼!!😕!!👼!!
It's amazing that he is going to get this money but I am really curious as to why a close associate who he worked for is going to give him $20,000,000 from the sale of their company. It really just sounds odd, I hope he isn't being scammed. But if all this money does show up in his bank account I think Dave's advice is fantastic.
It’s family. One of his family members probably started a business from nothing and he was probably the person who was there with him the whole time. I can only imagine or speculate that this family member is older and maybe does not trust the other family members because they did not help him build from the beginning. Sounds like a nice gesture of think you
Ya .. You are very right . No need advice from anyone . Common sense invest on rental market is a smart way .by twenty years later property value going up win win
Real estate is a good investment, but there are nuances that can trip him up. Anyone that has made any kind of proper wealth from real estate either got lucky, or got advice and learned.
20 million wont last for your grandkids, grandkids. thats insane. Its a lot of money but its not that much at the same time. I have more than one relative with that amount and it appears that its likely to last 2 generations. By the time you split it with a few kids and each of those do the same its really not a ton of money. It will help your grandchildren with downpayments and college but your great grandchildren are unlikely to be rich because of it. A large part of that is because you usaully have more than one kid and so it keeps diluting. If each generation just has 2 kids its gone in 2-3 generations. If the third generation inherits 2-3 million that is far from generational wealth at that point. By the way the money is probably gone already lol.
Good churches with wise Godly leadership will use the money to help people in need and futher the kingdom of God through missions and outreach ministries.
Yes. Many churches are run by false prophets. Greed driven men. Broken and corrupt humans. BUT there are a few good honest ministries that invest in souls and spirits
@@wheel-man5319 All people start out evil. People are born with selfish natures. Judging someone and calling them evil is attempting to usurp authority that God has not permitted you to have. Christians not allowed to judge anyone. They are however, allowed to judge behavior, words and thoughts and call them good or evil. It is not your right or duty to call someone evil. Only God can do that. You are permitted and commanded to judge actions, words and thoughts and try to HELP others find Christ. Your comment gives Christians that actually try to follow biblical teachings a bad reputation.
Rule one about sudden wealth, Do not tell anyone!!
TOO LATE LOL
I learnt that the hardest way possible. Ended up just wanting to disappear
@@lovebug6565 why tho? I have been broke my whole life and made 93k shorting stocks. Why shouldn't tell anyone?
@@ABpluseABEveryone wants some. People have even been killed because of money, everyone treats you differently, its easier not to tell anyone
Some women may divorce you later on because of this, just to get the money. I hate that's the first thing that I think of
Doesn't matter if the inheritance is real or not Dave's advice as to what to do with that kind of life changing money is the reason I'm here
Why are some people so ridiculously skeptical that situations like this can actually happen? It can very well happen. Actually, it happens more than most people know.
Yes, your right.
I'm one of them and he's definitely right. I'm finally getting my act together
Every. Single. Day!
It doesn't happen often. Most companies aren't big enough to sell for even $10 million let alone sell and his portion is $20 million.
I love how Dave gave his advice on this.
By far the best advice I’ve heard on sudden money. Thanks
Just saved my financial life. Thx Dave. 10 year old podcast was right on time.
Stick it in the S&P and never worry about it again
Dont forget to put 10% in offshore accounts that lawsuits cant touch
Like 20 than grow interest .
Lol I KNEW Dave didn't hear him at 0:16.
I wonder why Dave didn't yell out, when he heard the guy inherited 20,000,000..
I found out, he did heard him the first time he mentioned. 🤣
I thought so too 😆
Dave pay attention he said twenty million at start of the call
Ha yea. I noticed he does that sometimes. Off in a daydream
Exactly
I suspect is he may have a producer talking over the caller.
At first he thought it was from inheritance and the caller would get a portion of it.
Every time I ask where to put a lump sum , UA-cam send me to investing. I just want to know where I’ll put until I decide what to do with it.
Obviously not in a check account.
Where?
Same! Did you find out yet?
Wouldn't you put it in several bank accounts with just under a 100k in each account so it would all be FDIC insured? I'm asking not telling 3:58
LOL, love this guy. Dude got 10 million bucks in CDs and its his. That's my attitude. Until you know what you are doing keep your money safe with you.
I would live off the interest of that much after paying off everything. I'd be set for two lifetimes.
I think it's not important when people are so concerned about their grandkids, grandkids, grandkids, grandkids! Forget generational wealth. Concentrate on your wealth & take care of just your children, & do the best that you can to teach them about money & wealth & pray that they teach & pass that on to their children so that your grandchildren is the responsibility of your children & not you!
Preach, if you imbed your values in your kids, they will use your money better than you when you’re gone!
My father inherited 1 million and two years later he has nothing 💔
OMG, that makes me sick.
Did he have fun? It’s better to have it and have blown it than to have never had it.
@@alexfonseca2063 No he opened a business that didn't make it and lost almost all of his inheritance
Paying tithe on that... well God bless you brother!
I love it I love this particular episode. Dave Ramsey man good guy.
Wow 20 million??? Congrats
Good man to ask for advice.
Thank you for this wisdom
Same thing I said before he said it cds way to go for now
Im getting 20 millions.
Dave: How much are you getting?
20 millions
Dave: weyy whoaa whoaa
Manage My Fortune for God!!! I just simply adore the whole conversation. Congratulations to the Gentleman and many more rewards to you all!!! Alhamdulillah Thank you Thank you Thank you Universe
Amen, that's the true!
It's about to happen to me, scared to tell any of my family members
Hello Mr Ramsey,do you have other videos like this?I'm trying to learn so it's second nature when i should get a wind fall of money! Trying to do my research now! Awsome video,thanks!
Watch the show every day. Then go through the net and watch the clips. Then read his books.
Awesome advise.
Great Advice!
Thanks for the information! ❤
Wow I really needed to hear this
Despite what people will tell you...YOU CAN NOT BUY YOUR WAY INTO THE KINGDOM OF HEAVEN BY PAYING OFF YOUR CHURCH!
Who said he was buying his way into heaven....it’s called tithing
@@lorriepriddle8604 Exactly.. 😕.. Sounds like someone needs to repent, pray and do "THEIR OWN TITHING" so they can at least see God's shirt tail.. 👼!!😕!!👼!!
@@lorriepriddle8604 giving your pastor money isn't tithing. That's not what tithing is.
Spit it put it in different CDs and live of the interest, while you educating yourself about this amount of money.
so what if it sounds odd
Put half in blue chip dividend payers and the other half in high growth.
Label me a sudden subscriber. Thank you Dave God bless
Give to Church? Why?
That's a blessings .
It's amazing that he is going to get this money but I am really curious as to why a close associate who he worked for is going to give him $20,000,000 from the sale of their company. It really just sounds odd, I hope he isn't being scammed. But if all this money does show up in his bank account I think Dave's advice is fantastic.
It was his family that he worked for not an close associate
Nigerian prince emailed him
@@texastaurus9271 😂😂😂😂😂😂👏👏👏👏👏👏👏
It’s family. One of his family members probably started a business from nothing and he was probably the person who was there with him the whole time. I can only imagine or speculate that this family member is older and maybe does not trust the other family members because they did not help him build from the beginning. Sounds like a nice gesture of think you
@@VashtiPerry you reaaaaching 😂
Would love to get an update I hope the pandemic didn’t take it all away
an easier answer would be, "buy many houses and live off the rent" haha
Ya .. You are very right . No need advice from anyone . Common sense invest on rental market is a smart way .by twenty years later property value going up win win
Real estate is a good investment, but there are nuances that can trip him up.
Anyone that has made any kind of proper wealth from real estate either got lucky, or got advice and learned.
That is buying a job. It can be profitable if you know what you're doing, but not everyone is interested in doing that.
20 million wont last for your grandkids, grandkids. thats insane. Its a lot of money but its not that much at the same time. I have more than one relative with that amount and it appears that its likely to last 2 generations. By the time you split it with a few kids and each of those do the same its really not a ton of money. It will help your grandchildren with downpayments and college but your great grandchildren are unlikely to be rich because of it. A large part of that is because you usaully have more than one kid and so it keeps diluting. If each generation just has 2 kids its gone in 2-3 generations. If the third generation inherits 2-3 million that is far from generational wealth at that point. By the way the money is probably gone already lol.
Steve 🔥🔥
Amen church 1st
Buying the preacher a new Lamborghini
This guy rambles and never answers the question. Useless advice !
Giving money to the church is flushing down the toilet.
Evil Gary not true god will replenish your wealth if you if you give it to the church
Good churches with wise Godly leadership will use the money to help people in need and futher the kingdom of God through missions and outreach ministries.
Yes. Many churches are run by false prophets. Greed driven men. Broken and corrupt humans. BUT there are a few good honest ministries that invest in souls and spirits
I see your scream name is accurate @Evil Gary
@@wheel-man5319 All people start out evil. People are born with selfish natures. Judging someone and calling them evil is attempting to usurp authority that God has not permitted you to have.
Christians not allowed to judge anyone. They are however, allowed to judge behavior, words and thoughts and call them good or evil.
It is not your right or duty to call someone evil. Only God can do that. You are permitted and commanded to judge actions, words and thoughts and try to HELP others find Christ.
Your comment gives Christians that actually try to follow biblical teachings a bad reputation.
I feel sorry for the guy when he said "my wife and I." imagine getting that without the WIFE! lol
The Lord give
that’s good 😊
that’s amazing 😻
What do god has to do with anything
Conns potato chips ///??? Maybe
this is not true! this is a joke!
I will do what I have been doing which is diversify into stocks, ETFs and other financial assets for good ROI been doing for years now
How do you invest into them and how profitable is it
@@gitamiangelique6953 I use the service of a fiduciary under a great broker, that is the most effective way I have known
My kids in 2090
He couldn't spend 20 million 😂. He said manage it for God. I'm a Christian and I don't get that.
If you want to see someone blow $30 million go watch Brewster's millions.
If someone can't spell website dont take there advice at all
Same goes for people that can't spell/use "their" correctly either! 🤣🤣
Shout out to MEETKEVIN
B.S
I hope the caller sees this can you pay off my student loans? lol
Angie menage your money and pay off the loan easy as it is.
***** LOL! it's just a joke. see the lol. Trust me I am.
Petro Tverduy I was joking but seriously you never know if the caller sees it. lol
defenetly will pay off everything and then will come and due our depth free screem lol
Should have asked Obama
This is fake
Ross Enzo you’re fake
Fake
Dave is so negative. Some day something bad is going to become public on this guy.
I don’t believe you madam