I Borrowed $20,000 for a Failed Investment

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 17 January 2024

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Ken Coleman & Jade Warshaw. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.3	Alex is up in San Antonio, Texas.
0:08.4	Alex, how can we help?
0:10.6	Yes, sir.
0:12.2	Good afternoon.
0:14.4	I owe my sister $20,000 that I would want.
0:17.7	I would like to pay her back.
0:20.6	She won me as money earlier in the year.
0:23.3	And we invested the money, it didn't pan out.
0:29.0	So I was calling for your opinion on getting a loan.
0:35.1	And if so, what wish would be the best out of the loan?
0:38.1	Okay, hold on a second.
0:39.6	So you got your sister to give you $20,000 for some type of business investment.
0:45.5	What was the investment?
0:46.4	Yeah, what was it?
0:47.7	It was property, but it's out of the country.
0:50.0	It's in Feneroom.
0:51.0	Okay.
0:52.1	We've got a little dicey, and it hasn't panned out.
0:55.7	What does that mean? I would like to pay the money.
0:57.8	I know. What does that mean it didn't pan out?
	...

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