Inherited $400,000, What Should I Do With It?

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4 жыл бұрын

Inherited $400,000, What Should I Do With It?
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Пікірлер: 227

@virginiakingsford2232 4 жыл бұрын

People with lots of debt and large amounts of cash Dave - pay off debt Person 🤨

@SteveRam 4 жыл бұрын

Virginia Kingsford 🤣

@canman5060 4 жыл бұрын

People with lots of debt have minus cash. Where did you get the idea from ? I have $3 million cash and I am not rich !

@TheCobruhAlienat0r 4 жыл бұрын

Some people in my family won about $8 grand at the casino and I suggested that they use it to get them a new (used) van to pay in full or a newer used van and make payments. They gave me that same look and said they had already made plans to go to Disney in Florida for 10 days. Their reasoning was that they'd never see that amount of cash all at once again so they wanted to have fun. The reason I suggested getting a new van was because theirs has over 200k miles and has a whole slew of issues, including engine and transmission issues. Now their son lied to the IRS and claimed head of household and claimed his brother and mother as dependents so he could get $4k cash to put down on a 10 year old GM SUV that they got overcharged $10k on from a buy here/pay here lot and will be making payments for the next 6 years.

@barccat 4 жыл бұрын

Lar M dude, please shut up. Not only did you miss the complete logic behind the OG statement but you’re pretending like you’re still poor at 3 mil. A tool will most likely always be a tool.

@darkphoenixempress2976 4 жыл бұрын

😂😂😂

@kristenlevine3446 4 жыл бұрын

Why is she even calling ? She should be writing the checks to pay off their debts.

@jeffpesos6554 4 жыл бұрын

It would be stupid to not spend it on a tuba degree

@BunkMasterFlex77 4 жыл бұрын

Everyone knows the money is in left handed puppetry 🤣

@edgarlopez8986 4 жыл бұрын

BunkMasterFlex77 *german polka history

@ritaparker2630 7 ай бұрын

Investing money from an inheritance can be a thoughtful way to grow and preserve the wealth that has been passed down to you. However, it's essential to approach this process with care and consideration. Diversification helps spread risk. Invest in a mix of asset classes, such as stocks, bonds, real estate, and other investments, to minimize exposure to any single investment's performance.

@joeymichael5359 7 ай бұрын

My risk tolerance is poor. i already Determined my risk tolerance. I also Consider how comfortable i am with market fluctuations and my investment time horizon. I need an advisor to determine my asset allocation.

@andersonmarylyn8551 7 ай бұрын

You should seek the services of a professional, I couldn’t determine mine either but now got almost $150k in trust fund for my boys

@joeymichael5359 7 ай бұрын

I'm definitely keeping an open mind for suggestions, do you have any solid leads i could follow through?

@joeymichael5359 7 ай бұрын

Thanks for sharing, will do exactly that.

@binkyxz3 7 ай бұрын

With the looming debt crisis, precious metals should be high on the list.

@dialac1 4 жыл бұрын

Been debt free since 2012. Being debt free is the best feeling you’ll ever experience. Now every payday, my dilemma is what mutual fund or stock do I want to buy. I live on one weeks paycheck for the entire month and invest everything else

@johnfijnvandraat 8 ай бұрын

I'm working to that I have four years left in the race

@avm4177 Ай бұрын

It's amazing

@GenExDividendInvestor 4 жыл бұрын

Pay off debt. Invest. Donate to charity. Be grateful. Don’t make the same mistakes that got you into debt.

@lumpilulu 4 жыл бұрын

Exactly what the filthy rich don't do!

@XFizzlepop-Berrytwist 4 жыл бұрын

lumpilulu Elon Musk Donated over a million dollars to charity. The Rich donate all the time. XD

@lumpilulu 4 жыл бұрын

@@XFizzlepop-Berrytwist I wasn't talking about one person. Or one "step"

@canman5060 4 жыл бұрын

@@lumpilulu This is why they are so filthly poor !

@canman5060 4 жыл бұрын

@@lumpilulu Filthy rich = Filthy poor.

@equisader 4 жыл бұрын

I found myself in a similar situation. My husband received a small inheritance and a larger one is now on the way. I knew that if i didn't take serious steps it would vanish and have nothing to show for it. I got on Dave's plan. Mortgage paid off. Sadly both my parents died way sooner than we ever thought possible and an even more significant amount is in the offing once properties are sold. Dave is right it's about honouring them. I want to carry on what they started and with Dave's advice on these videos i know we can do that. We will be investing and getting to the fun part. I don't say this to brag. I say it to advise you to get into practice before an inheritance lands in your lap. I knew the contents and extent of my inheritance, just not when and i was determined not to blow it. Be prepared. Make the most of it. Honour the people who left it to you. I know my parents would be pleased if they could see what we are doing.

@fpridgeway 4 жыл бұрын

1. Don't tell ANYONE. 2. Pay down debt. 3. Don't tell ANYONE, especially a female. 4. Save. 5. Repeat 1-4

@1redrubberball 4 жыл бұрын

A key point seemingly missing with so many of Dave's callers, is how few of them seem to appreciate that no level of income/wealth makes a person immune from needing a budget.

@Uhhlaneuh 4 жыл бұрын

Give me the money, anonymous caller.

@buckybarnes3803 4 жыл бұрын

He's right with no record of positive money habits, they cannot expect to suddenly have them. I went through a whole year of saving thinking I was disciplined. It wasn't until my second year of saving that I realized how poorly I did it the first year. I'm on my third year of saving and still learning

@carltonhenry7671 4 жыл бұрын

Bucky Barnes preach

@buckybarnes3803 4 жыл бұрын

thanks labron

@maryk446 Жыл бұрын

It's good that you continued saving and examining your financial behavior. Many people give up when they find out that didn't save as much as they thought.

@whitebaker645 3 жыл бұрын

i didn't inherit half of this but what i inherited i made double of this!

@markfernell3629 3 жыл бұрын

how did you make this happen?

@harrisonwintergreen1147 4 жыл бұрын

Get an Ivy League degree in left handed tuba performance. Obviously.

@steviejd5803 4 жыл бұрын

harrison wintergreen love it.

@teczar75 4 жыл бұрын

🤣🤣🤣

@trebmaster 4 жыл бұрын

Minor in left-handed puppetry and underwater basket weaving.

@steviejd5803 4 жыл бұрын

Samuel Carter or African basket weaving...

@steviejd5803 4 жыл бұрын

harrison wintergreen 😃 cold and great here in England...I’m thinking of those perfect blue Arizona skies! Oh and my pension planning, obviously.

@ScottyKirk1 Жыл бұрын

Dave keep being awesome! ❤️

@fusionreaper 4 жыл бұрын

Long time listener love your videos. Please turn the volume up of your videos because recently it has been way too low. Normally my tv is on 20 on your videos now it's on 60 and the ads are super loud after your videos are over.

@Dr.C_Stag 4 жыл бұрын

Who else thinks she is going to go back in debt and ignore Dave’s advice? ✋🏻

@teczar75 4 жыл бұрын

✋

@QEsposito510 10 ай бұрын

Perhaps, but there’s no reason to be a cynical prick about it.

@lilomarie7313 4 жыл бұрын

Best advice ever! I had assets to wipe all of my debts, but the EASY way out didnt feel right. Six months is not long enough to be disciplined. I took 3 different FPU courses and budgeted for 18 months before I sold it all, paid my debt and funded my emergency and prosperity funds( I have learned emergency funds should be allocated for emergency items henceforth Prosperity funds or to enrich The Human Experiance. The exercise to be disciplined on a budget, and to not borrow money is an ongoing activity, it is much harder than the simple task of paying off all the debt just once.

@chrisfly777300ER 4 жыл бұрын

It would be nice to come from a successful family.

@eurekahope5310 4 жыл бұрын

chrisfly777300ER I hope you are able to create a successful family. Listening to Dave will help. :)

@1redrubberball 4 жыл бұрын

Concentrate on making you and your family successful.

@prtyof4156 4 жыл бұрын

@Gim Paul no that's the millionaire hour he has, but that's for good reason

@zunedog31 3 жыл бұрын

Almost every syccessful family in America started from nothing 1 to 3 generations ago.

@maryjohnson6249 4 жыл бұрын

I'm beginning a budgeting business ...soooo many don't use one and are poor but live like thg hey are rich. Credit is slavery not wealth.

@dexterm1285 4 жыл бұрын

Pay off debt and invest the difference should pretty much always be what you do.

@johnwigren4429 4 жыл бұрын

"Better than I deserve" My friends think I'm a snob when I say it.. I guess only Dave Ramsey can say it.

@bigeric8334 4 жыл бұрын

only Dave Ramsey can say it

@johnwigren4429 4 жыл бұрын

@@exceldetail 👍

@improveourselves3929 9 ай бұрын

They should put the money to something that actually improves the entire world and the standard of living of everyone. I have multiple such projects ready to go but I remain and poverty at minimum wage because I have health conditions and autism. Please save me from this cycle so that I can have time and funding to build companies, build prototypes, and publish and teach the world my solutions.

@choosetoshine2610 4 жыл бұрын

Pay off debt. This will allow you to build wealth and save!

@18jeepsrt74 14 сағат бұрын

Unless im mathing wrong... seems like the best option is to pay off the debts except the house... if they have a decent interest rate on the house and even a few yrs paid off on it.... that 200k will make more money in a cd or MMA at 5 or 6% than what they are losing in interest on the house especially if theyve already paid a lot of the front loaded interest on that loan... make larger house payments if desired but 400k at 6% earning is making 24k a year... the interest on that alone almost makes your house payments... if you use that additional 200k to pay off your house then you are losing 12k a year in earnings trying to save maybe 6k in interest on the house

@mackdaddy4353 4 жыл бұрын

He should have just said “follow the baby steps”

@KerryFairbanks Жыл бұрын

The biggest part which was grazed over was "build wealth". Money is a skill and someone like her (or me) only knows how to get a paycheck and pay bills. It's taken months of study and determination to even understand what I was missing. Telling a lifelong wage earner to "build wealth" is like telling a truck driver to write a computer program. It's possible but they're starting from the very bottom if they have the desire to start at all...

@Huschai3 3 жыл бұрын

Whenever I see these videos, I always wonder, what would it be like to have an inheritance? Then I’m motivated to steward my finances well so my kids can call in one day and say our parents left us 80 million dollars. 😂

@sebastianschottenheimer561 8 ай бұрын

hey i had a 1.2 million inheitance. spent in all on everything and drugs. im currently on iphone in parking lot in my ram pickup homeless. true story.

@MikeNapoli1989 5 ай бұрын

@@sebastianschottenheimer561it is your fault.

@nolanrizzo3812 5 ай бұрын

@@sebastianschottenheimer561get a job

@nolanrizzo3812 5 ай бұрын

@@MikeNapoli1989 at least he blew his money on something he wanted. He can get a job like the rest of us. It's not the end of the world.. can't take money when you die

@batitsogtsaikhan469 4 ай бұрын

@@nolanrizzo3812nah once you go down that path of degenerecy, it's a constant fight to come back from it and continue a 'normal' life. Dude screwed his own future balling out and wasting his inheritance. What a shame to his family.

@aileencrane7700 4 жыл бұрын

Nice problem to have! Pay off all of your debt, don’t incur any more debt. Take a vacation, donate some and save/ invest the rest!

@TheDiablo6661 2 жыл бұрын

Every time I ask where to put a lump sum , KZfaq 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?

@tomatochemist Жыл бұрын

CDs or money market account. I’m getting 5% right now with a CD, and you can choose any length of time like 90 days or 5 years.

@michaelfleming40 2 жыл бұрын

Do what Dave Ramsey says to do.

@engi.2 3 жыл бұрын

Fire heavys gun for 12 seconds obviously

@aok2727 Ай бұрын

I agree with this plan basically but wonder if they should not take the bulk and put it in an investment IRA maybe towards retirement.

@anthonylarocco573 2 жыл бұрын

Pay off any debts than investing 1/3 of the remainder if any left. Keep the remaining 2/3 for a rainy day.

@cica21 2 жыл бұрын

Why not invest the money (say like in a mutual fund), and use the interest from the investments pay down the debts..? So at the end, you have paid it off & still have the assets.

@XRPinstitute 3 жыл бұрын

Should keep the exposure to the foreign currency.

@michelehofstetter4803 4 жыл бұрын

I'd pay off the minor unsecured debt we have. Pay off the mortgage, sell our current medium size house & downsize to the more rural location where we lived (& loved it) about a decade ago. We'd save/invest most of the remainder, with the exception of taking the first vacation we've taken since 1993 & gifting our adult sons with some of it. I'd like to see them make use of a bit of it BEFORE we die.

@cindifischer6919 3 ай бұрын

Well I guess it's theirs once you gift it to him but I sure hope they don't blow it.

@jeffnoble1218 4 жыл бұрын

44yrs old, considering Ch7. $130K in truck liens(2 2015 Volvo VNL 670's). 50K cc debt. 20K IRS debt that my bankruptcy attorney says will go down to 10K in Ch7 because half of it is over three years old. The reason I got out of the business was because my Dr ordered me to, essentially. He told me there was nothing he could prescribe or suggest that would do more for my health than walking away from my business, which was failing anyway. The stress was killing me. I now drive for Uber and Lyft while I'm studying for the AWS Solutions Architect exam. I make enough to pay the $653 note on the 2016 Toyota Highlander that I bought specifically for the purpose of ride share driving until I had a job in the cloud engineering field. I have zero savings, zero investments, zero assets. Realtors are telling me that I can use my VA loan to get a house in as soon as two years after the Ch7 discharges. They are warning me against even considering a Ch13, telling me that is the same a flushing approx. ten years of my life away. Seven for the bankruptcy to discharge and three to rebuild from the wreckage that it did to my credit. Oh, and I rent a 1BR/1BA in Little Elm, TX. Here are my questions: 1. Should I file the Ch7? 2. If yes, then what? If no, then what?

@mikederucki 4 жыл бұрын

Jeff Noble I don’t think Dave answers in the KZfaq comments. I’d call and try to get through on the show. He’ll definitely tell you not to borrow any more money, stay renting the 1 bedroom while you get job situation fixed, and that you should not have borrowed to buy the car. I don’t know about the bankruptcy- but he usually tries to avoid if at all possible. Source - listening to him since I was 19. 30 now, and never borrowed money (except for house) along the way

@angus3139 Жыл бұрын

you be a dumb dumb

@farrenz3333 3 жыл бұрын

Why is she even calling? First thing you always do is pay off debt

@itzdavian1353 4 жыл бұрын

How much longer does Dave Ramsey plan on hosting this show? I hope for the next couple of years

@Ryan_DeWitt 4 жыл бұрын

I think he gets joy out of helping people. He for certain doesn't have to as he has more than enough money to live very well for the rest of his life if he were to choose to do so.

@itzdavian1353 4 жыл бұрын

Ryan De Witt yea I can tell he enjoys this kind of stuff. He’s been doing this show for years and he pretty much has came across every situation you think of. I wonder if he gets tired of hearing the same situation when someone new calls.

@Ryan_DeWitt 4 жыл бұрын

@@itzdavian1353 I think I heard him say once that the stuff he has heard in private is much more extreme than anything on the radio. Basically ever strange, perverted, extreme thing with relationships and money etc that you can imagine.

@EugeneTChu 3 жыл бұрын

He is 60 years old as of 2020. He may retire or switch to part-time hosting in next few years

@Matthew-tg2wo Жыл бұрын

Invest in an offshore fixed term bond. If you get an account that is paying 4.2 % you're set!

@Andjun5174 4 жыл бұрын

You inherited 400k and need advice Okay Easy solution you hand it over to me and I will "invest" the money and will hand it back in 75 years

@amaziahyaohsharal9840 3 жыл бұрын

Lol! You sound like Thrift Savings Plan and 401K

@darkphoenixempress2976 4 жыл бұрын

Ain’t that something 💁🏾‍♀️ who would’ve thought?

@TheExcellentInvestor 4 жыл бұрын

Pay off debt!

@ariefraiser140 4 жыл бұрын

I can see clearing all the debts like credit card and irs lien. But how many of us would sink the majority of what's essentially our life savings into paying off our morgage balance? I would rather put all that money to work in stocks and then use the money I was spending on paying credit card and IRS towards extra monthly mortgage payments.

@lucaslevonmusic 4 жыл бұрын

Dumb move.

@ariefraiser140 4 жыл бұрын

@@lucaslevonmusic dumb comment

@matthewgardner2144 2 жыл бұрын

The elephant in the room is caller's "business" that seems to have a lot of debt. IRS, car loans, huge CC debt, etc. They probably just need jobs since they're not terribly good business people.

@matrixkernel 3 жыл бұрын

Put into an annuity. They aren’t going to be disciplined enough to leave that cash sitting there in an investment.

@User39. 4 ай бұрын

Dave is wise...people want to ask...but not listen

@Imnotyourdoormat 3 жыл бұрын

Ramsey is always FIRM....but FAIR.

@wolfofdubai 4 жыл бұрын

First of all, it’s amazing! Such an amount is fascinating. Best thing to do: invest into a real estate or low cost index fund.

@todd6798 2 ай бұрын

Australian dollar goes up if the world goes down. When the world economy goes up, the Aussie currency goes down.

@vicepresidentmikepence889 4 жыл бұрын

3:00..pay off all the debts, except my home? Really? All debt is bad.

@andrescalderon1122 4 жыл бұрын

Lord Beasley not if its at low interest rate, and you can use that extra money to invest in more things that will bring you more sources of income. But that’s just my opinion 👍🏽

@Ryan_DeWitt 4 жыл бұрын

There are exceptions to ever rule. That being said for the huge majority of people Dave helps, having no debt is the way to go.

@jaxielrivera4640 4 жыл бұрын

It’s not about debt not being bad as much as it is about the lessons you learn paying it off on your own and budgeting. He mentions a few times scattered about that a mortgage debt is acceptable only because of how large and necessary the purchase is, and as long as it’s in a 15-year fixed and falls below 25% of your income it’s fine. But it’s like lottery winnings, most winners end up back to square one pretty quickly. But if they have the discipline to keep it all in check, and face the consequences of their stupidity, then they can truly begin to prosper and build wealth.

@barccat 4 жыл бұрын

Lord Beasley pay attention... smh. He said clear that mortgage after they’ve been disciplined and in control for six months. Then continue to build their wealth.

@KyleWilliamsMusic1 4 жыл бұрын

I couldn’t imagine getting $400,000.... Oh my lord. Could live off of that for YEARS

@Amy12358 4 жыл бұрын

Kyle Williams If you used it to live off of, it would be gone.

@tl1772 2 жыл бұрын

@@Amy12358 facts

@GreatBeyond74 4 жыл бұрын

Pay off debt and save

@2468DDT 4 жыл бұрын

Give some of that inheritance to me

@user-vs3nt8ch2q 9 ай бұрын

to consider a 200k mortgage 20k in business credit cards irs payment and 4k in car loans irresponsible in America is an embarassment. ramsey should be ashamed to speak to her that way

@WiseRomanEmperor 3 жыл бұрын

1:18 MKAY

@pelphrey 3 жыл бұрын

Hahahahahahahahahahahahahahahahahaha

@User39. 4 ай бұрын

She says "We are self-employed...so don't have retirement savings".... dumbest thing I've heard in a long time...

@gramblingboy 7 ай бұрын

pay off the house and invest the rest. 50/50 thats what i would do.

@ianmowbray3284 4 жыл бұрын

They have nothing saved for theFuture so the Chances of them changing there habits are slim to nothing

@chubbytummymafia 4 жыл бұрын

They should start prepping for the invasion of the lizard people💯

@opsecclassified6469 4 жыл бұрын

Keep that Snake on ice Gregg for 72Hrs.

@kimberlybenjamin-thevoice5333 4 ай бұрын

With no debt , my savings and that inheritance, I could retire now at 36. Send it to me 😅

@dovieursery7130 2 жыл бұрын

I made my first million in stock investment though I had some real estate I was dealing with at that time , I still dabbled into stock and it paid out in a short interval , I'm looking forward to what next!

@jonathandillon1524 2 жыл бұрын

that's Great , good performance , How did you achieve this ?

@virginiakingsford2232 4 жыл бұрын

IRS? How was that not done first?!?

@Daniel-pk2uo 4 жыл бұрын

Inheritance is tax free.

@lumpilulu 4 жыл бұрын

Self employed sometimes don't keep up with the ever changing laws... if on a non interest payment plan... keep it.

@barccat 4 жыл бұрын

Daniel Willis whats your point? That’s no answer to the rhetorical questions asked above.

@Daniel-pk2uo 4 жыл бұрын

@@barccat What? The lady wrote "IRS"? My answer is that inheritance is not viewed as taxable income by the IRS. Therefore you don't pay taxes on the inheritance to the IRS. What's your point??

@barccat 4 жыл бұрын

Daniel Willis You completely lost the precise content of the actual video, which gives you the direction of her question of the IRS above. She asked why they didn’t immediately pay the IRS back BECAUSE before she inherited the 350k they (as a couple) already owed the IRS $13,000 and were on a payment plan. She’s not asking at all about the inheritance being taxed.

@dianamiranda3383 4 жыл бұрын

🌸🌸🌸

@StudLee11 4 жыл бұрын

The audio is sooo quiet

@627horsepowers 4 жыл бұрын

Dave should have jokingly but in a serious tone...suggest spending it on a new car just to see what kind of reaction she would give or ask her what she thinks she should do with the money to gauge her idiotness.

@johnnhoj15 6 ай бұрын

Funny how when her husband inherited over 100k it was, "We inherited" and then when she inherited the 300k+ it became, "I inherited".....

@carlosz7208 Жыл бұрын

I think the husband inherited, not “We”

@carolmaplesden916 11 ай бұрын

Yeah but she inherited more way more than he did so I'm pretty sure he's the one that started using the WE thing

@KodaGSD-uf3hg 2 жыл бұрын

Pay your house off pay all debts

@stuartclubb4302 4 жыл бұрын

If. If. If. Like most lottery winners, they'll be broke in a few years.

@JennAnniston-sr2xu 11 ай бұрын

The never say what stocks or roth account Dave is talking about that made him money ???

@opsecclassified6469 4 жыл бұрын

Uncle Dave can you explain to the folks what the rule of 72 is? Where would that 400K be in 72 months? Hmmm

@Febreezy 4 жыл бұрын

That has to do with interest, love. Also you can Google the answer, it's a beautiful tool 😅

@opsecclassified6469 4 жыл бұрын

@@Febreezy exactly my friend. Might it be better to earn that interest immediately vs. Depleting the 400K to pay off a 12K per year house note? Just a thought.

@woocifer Ай бұрын

This video is about her debt...not about how to invest the money. :\

@SteveRam 4 жыл бұрын

1. PAY OFF YOUR DEBT! 2. INVEST IN CASHFLOW PRODUCING REAL ESTATE!

@dt93 4 жыл бұрын

This woman wasn't interested in listening to what Dave was saying. That money is gonna disappear. 🤦‍♂️

@DocOrtmeyer 2 жыл бұрын

Ok, so she can pretty much spend that entire inheritance on loans. Ok that's gone, what's next ?

@jeffjjj5398 Жыл бұрын

Lol, bad advice. With record low borrowing rates why would you pay off a home loan when that $$ could be making you more???

@eduardogrullon696 4 жыл бұрын

The dude just posted the vid and it has 5 likes. Tf?

@TheLizardKing1967 4 жыл бұрын

Apparently who ever clicked the like button didn't bother to listen to the entire video. If Dave speaks it automatically gets a "Thumbs up"!! LOL

@TheExcellentInvestor 4 жыл бұрын

Eduardo Grullon I wish I had that street cred

@TinRapper 4 жыл бұрын

@@lumpilulu So bank are telling people not to borrow... 🤨

@harshitmadan6449 4 жыл бұрын

I like before watching

@etemytradel4509 Жыл бұрын

Call all your friends that were not lucky enough to get free money and take them to the bar. If you have a friend with a drug problem call then up and try out some drugs. After that i advise to buy a really fast brand new car!!! Live for the day!!!

@carolmaplesden916 11 ай бұрын

thats the definition of being a zombie you are describing the walking dead

@communistpootisbirb 3 жыл бұрын

Fire mini gun for 12 seconds

@CaseyBurnsInvesting 4 жыл бұрын

Oh geez, roommate just made some cookies so now I’m a little worried about me and chocolate chip cookies as well 🍪👀 I just don’t buy or make them, so I never eat them.

@user-xs5fj3ms2l 4 жыл бұрын

If our current economic condition proves anything it's that we should NEVER save in cash. We should always save in silver & gold. More gold than silvet. It takes more than 5lbs of silver to equal the buying power of an ounce of gold.

@EugeneTChu 3 жыл бұрын

Gold and silver are good as financial hedges...in small amounts. Bulk of investment should be in stocks, mutual funds and some bonds. Precious metals are useful as insurance

@mrpinkpony 4 жыл бұрын

Invest $400k in the public markets in large cap companies with a long history of dividends. You should be able to generate 3/4% easy..$12-16k a year passively for life. Never spend your principle and you’ll have it forever. Don’t act like your rich

@personalfinancialjourney 10 ай бұрын

How old was she?

@keving1774 Жыл бұрын

I want to hear about where to invest it... This is a long winded video 👎🏾

@calleedlund21 2 жыл бұрын

I think inheritance is very interesting. Should your kids inherit your money? Or is it un-fair. Should you be able to be born into riches??? Should your money just be deleted when you die??? Perhaps a cross-lifetime system could be introduced. I've read about some research on re-incarnation, people who claim to remember past lives. Apparently they could in many cases prove that their attested memories were real. Like, birth-marks on places where they had been shot etc. Perhaps, if you can prove that you are a re-incarnation of some rich person, that you could inherit that person's money?

@MrMustangrick 3 жыл бұрын

They will vaporize it.

@yeislyntorres5304 4 жыл бұрын

She is not going to do anything he said, she will spend it and continue in debt. You can tell by her voice only

@NeoAndersonReloaded 4 жыл бұрын

Buy 20k in silver and gold Pay off debt Take a family trip Start an ira 20k Use your income to become wealthy and give.

@hubster4477 8 ай бұрын

Dont get married!

@deborahstuckless1738 4 жыл бұрын

Gives own money to advance God's Kingdom I some way don't hide it under a bush lol

@michaelendresen1817 3 жыл бұрын

Dang- you just laid into her without knowing her whole financial picture. Calling her sloppy… that is messed up. I think you offer a lot of Greta advice on other videos I’ve watched, but I don’t know what happened this today to get you upset before this call.

@danielbutcher5836 4 жыл бұрын

Vegas, baby, Vegas.

@danielbutcher5836 4 жыл бұрын

Gim Paul “I won $400k. Should I declare bankruptcy?” 😁

@AM-er9oi 4 жыл бұрын

Casino roulette all on black ◼

@vxptc1 4 жыл бұрын

Do that twice in a row and u have urself a whopping 1.6 million

@PassportBrosBusinessClass 4 жыл бұрын

MUTUAL FUND

@EugeneTChu 3 жыл бұрын

Multiple mutual funds for diversity...after paying off debts

@jamesm2881 4 жыл бұрын

Buy 5 bitcoins

@apple1966 4 жыл бұрын

You inherited 400K your talking to the wrong person you see Dave is for people that are deeply in debt and have no decent income Grant Cardone is for people who have a lot of capital ready to invest and start making Big Money

@stuartclubb4302 4 жыл бұрын

Hehe. Except they have near 250k of debt.....