My aunt passed and I inherited some of her portfolio and cash savings, I’m 28 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns

Dave: so who left you $50 million? Ken: Ummm a Nigerian Prince

Has he got his $1000 emergency fund though..

If only that was my only problem in life.. "what should I do with $50 million dollars?"

I’m kinda curious how ken is doing now 6 years later

A small loan of $50 million

Hi Dave I just inherited $874 million dollars and I wasn’t sure if I should continue to use coupons on the cereal we buy for the week

Caller: "I inherited $50M cash" Dave: "Sell it."

“Comfortable” that’s the key word that a person with money says

Caller: I inherited 50 million. Dave: Whats your household income?

My god... thats 100 million Jack in the box tacos Double your assets!

He left out the part where he’s 200 million in debt

*Ken: I have $50M what should I do? Dave: RiCe anD bEanS*

Wow, $50M problems but money ain't one.

Dave I just inherited 1 billion dollars from my great uncle Murphy who managed a salamander mating farm, should I take out a loan to buy a 300k dollar house or should I buy a space suit and a pack of gum?

$50 million in the bank, my immediate family would be well taken care of. After that, I would invest a decent sum of it and ration the rest out so I wouldn't have to work again. I get so irritated when I see people win the lottery and spend 10 mil on a house, 1 mil on cars, and gamble the rest away. Those types of people shouldn't be receiving that kind of money in my opinion. If your lucky enough to hit it big, be smart. Take care of the people who have taken care of you!

I watch several KZfaq videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

You dont leave your kid 50mil without teaching them anything! I call bull...

"You say you're from Sacramento? Don't worry. California will be glad to help you spend your money, all of it". The first thing I would advise Ken to do is move out of CA.

Bro. You could earn 2% interest in a bond fund or something and get 1M interest per year. Thats nuts

Caller: I just inherited $50 million. Dave: Do you have $2000 in an emergency fund?

I hold enough in the bank to pay bills. Everything else goes to assets.

All I could think was how sad that he lost his parents. :( i was surprised dave didn't offer condolences, but I guess the show IS about money.

His father is inspiring, you don't have to do one thing, you can do many and be successful!

It is a wise man who seeks the counsel of another. Ken, you've been blessed beyond measure. Bless others with your blessing as you seek wisdom in what to do and thank God for His overflowing blessings in your life!

Something just doesn’t sound right. With a $50 million inheritance, it comes with accountants, lawyers, and money handlers. If he’s maintained as a millionaire, he knows how to guide himself or live under a financial handler. Also, only a cashout seems off if his father was “into everything” - no car, house, boat? This was a prank call and Dave got hustled into taking it.

I doubt many of us would mind getting an inheritance that large, but I hope that he is able to separate people who really care about his life from people who have only shown up since finding out about the inheritance because they want a piece of it

DO NOT let ANYONE tell you how to invest it. Take advice but it’s vital to make your own decisions

What do I do with my 50mil inheritance? Dave: sell the car

Cashflow means rich! Assets means wealth!

The amount of giving and blessings a person can do with a large sum of money. As Dave says, it is definitely fun to give! I'm sure he already does give but with his inheritance, it allows him to do that even more. Awesome for his parents to be money savey and leaving behind such a huge amount. Money certainly doesn't buy happiness but it does help a ton. Pretty cool that he called Dave for advice!!

Well the first thing I would do is eagerly await to go to work the next day. I'd have a few things I'd like to say

One of my customers who is already well off, (a well respected surgeon) in laws passed away and left his wife and him over 100 mill.

one of my favorite segments on the show

I've grown up with money and know how to use it well, even protect it. Hard for me to believe that someone who has that kind of inheritance (and said that they knew how to manage money), would even waste the time to call Dave Ramsey. I'd never call.

Respect for this guys Dad jezzzzus man was a straight hustler

What a bittersweet blessing. Parents can be invaluable. I am sorry for your lost.

Anyone who has that much shouldn't be calling into a show like this. Dave's show has it's purpose for people who are trying to get their finances on a better path. I personally just watch these clips for entertainment purposes.

Its great when somebody in same suituation calls

Wow Ken what a blessing.

0:13 the exact moment where Dave inside his head goes "FML!!!! 😤"

Dave Ramsey said it, best around 1:05-1:08... He isn't wrong, either.

Really? *REALLY?!* I'd need no guidance on what to do with that amount of cash.

Step one is to do nothing with it. Your life and your image doesn’t need to change, and you don’t have to do anything. There will be one change though-you just never have to worry about anything.

"What do I do with 50 Million Dollars?" "Whatever the F you want."

5 million = buy 5 estates & rent, profit for tilth 15 million = solid 5 estates 10 million = safest interest earnings 10 million = high value small items 5 million = personal use 5 million = community small loans

Looks like someone's trolling Ramsey!!

That was some disappointing advice. He didn't even bother to get to know the caller at all to help with specific advice.

Invest 95% wisely, live off the profit. spread 5% around.

Immediately hire an accountant, financial advisor, and a tax attorney. Then hire a lawyer to oversee all of them. Most important thing to do is be humble and keep as low of a profile as possible.

That’s what my great grandfather did, he had a dealership called Kelly Motors that used to sell cars to Hollywood he had millions the number I don’t know but it was definitely at or above this amount. Anyway over the years my mom got cheated by people in the family who weren’t supposed to get and took it anyway, so we ended up poor with nothing…..

One crazy weekend in Vegas.

Dave I won 6 billion dollars, what should I do? My life is so hard with these difficult decisions

Ramsey advice works best when in debt

Imagine getting 50k for inheritance!!! This dude is getting 50 million😩

What did your parents do? “My dad did everything.” No kidding 😂

Biggest HUMBLE BRAG I've ever heard! Lol!

What a legend good luck to him

Holy Molly! Your set for life

not buying this one at all, show filler imo.

"I was comfortable"... LOL!

The host tithes ten percent to his church and gives on top of that? WOW! He is a very generous man.

Very broad advice for a question that needed more in depth answer.

Dave Ramsey is sure prepared to have a psycho calling him from time to time. It is a waste of his time, but it shows how he cares and empathize.

At this level I would get into philanthropy , I would still shop at the Dollar Store once in awhile , Invest in Apple and Berkshire Hathaway , Just go out and live and have fun , You can write off Donations at Tax Time , I would seriously think about water purification systems for people with bad water and cleaning up the Pacific Ocean Somehow :) QC

Great call.

your giving portion can fund a city union mission for a decade quite easily. Be involved in where the money goes and make sure it doesn't get spent on the day to day functions of the administration of the site. Buying coffee for the staff, donuts, etc. Be involved so the money is spent on beds, clothes, food, upkeep of the site, utility bills, and healthcare of the people who need it. You can be right in there and say, "Hey what is the electric and water bill for this month. Send them to me and I will make sure they get paid." "Who needs mental health and drug and alcohol rehab and what it the cost?" "Who is here with kids and needs Christmas presents?" " Who needs monetary help getting their feet back on the ground" Not saying you need to be an ATM and I would suggest you watch who wants the money and what they are doing with it.

Troll caller lol

"I was comfortable." He is a billionaire.

Some people are just blessed. Wow. 🤯.

Is this is legitimate I feel for the guy and I hope and pray that he stay away from the wrong people in the wrong Investments because his whole life is getting ready to change for the worse when you inherited money by making it yourself or inheriting it it brings a lot of pain so my prayers go out to him and his family stay strong brother you're definitely going to need it

Nobody asked me, but if I'd had this massive dump of money dropped on me: I'd set up a scholarship foundation for inner city kids for STEM degrees and personally interview the selected candidates in their homes and meet them personally to tell the scholorship winners they will get to go to college on my dime, so I can see the faces of the kids and their families.

When you make Dave speechless you know you got the beans.

Might I suggest John Goodman's speech in the gambler. That should do.

If you can handle a little money with respect, you can handle a large amount and the caller said he had money, just not the big amount. Attorney and a good accountant.

OMG, a rich kid who grew up with a savy business dad never knows how to manage his inheritance? COME ON!

"An unbelievable sum of money." Quite correct. A fictitious story from an imaginative caller.

50 million you are blessed dude

So glad that he didn't ignore giving

First thing is make sure you have money for the tax bill!.. Talk to a CPA like yesterday!

Ken needs to invest in the multi-million dollar state-of-the-art invisible condo in my backyard. Ken call me, and I'll give you the details.

15 years ago invest in Enron, Worldcom seems promising too.

Retire, travel, start a business, try new things, or just stay humble Live life

His ego was just hungry and wanted to tell everyone. that's all

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Thaaaaaaaaaats insane🔥🔥

Send me a few milli “best friend” 😂😂😂

120k would change my life just putting it out there

Must be nice winning the parental lottery.

I wish be went into more detail on how to invest it and what to invest it in

What a wonderful blessing, but if you are stupid or have a drug or alcohol problem, it can ruin or end your life.

When we hear someone inherits $50 Million our automatic response is, "Give me some!" Not me... I want to pay off my debt with my own blood, sweat and tears and become a million on my own two feet. Now, to turn things around if that was me, I'd take a cruise with my husband and adopt a child... these are our life goals....

Thought Dave was going to ask if he had his baby step one down with his $1,000 emergency fund

I hope he can get out of CA before that state takes most of his money!

Fair question although 50 mil really? I will inherit a significant amount at some point and i want to learn how to manage it. Better to find out beforehand.

I spent his 50 million for him in my mind already. Sorry bro! Only took 15 seconds

Dave, you need to implement a proven 'Caller' screening system, to cut through the BS... lol

I would buy Amazon stocks worth od 20 mil and Tesla for 20 mil and 10 I would just use for a living. 10 mil is a nice retirement.

No idea why everyone is wetting themselves over this thinking hes the luckiest guy on the planet he has $50million dollars.... from losing his parents heck even a billion dollars wouldn't put a smile on my face if I lost my beloved parents, I'd rather they were still here and we were poor. very sad to see how much people worship money. poor guy sounds like he only finished crying for them as well.

troll. $50 million, and your first call is to Dave Ramsey????????????????????