I’m Nervous About Having $1.8 Million in One Stock

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 26 September 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!⁠⁠⁠⁠ Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: ⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠SmartVestor Investing Professionals⁠⁠⁠⁠ ) #PaidEndorsement 📝Get your free copy of Ramsey’s Complete Guide to Investing: (⁠⁠⁠⁠Ramsey's Complete Guide to Investing⁠⁠⁠⁠) 🏦Take a retirement assessment to find out how much you’ll need to retire: (⁠⁠⁠⁠Retire Inspired with the R:IQ Retirement Assessment⁠⁠⁠⁠) 📈See how much your investments could be worth over time with this handy calculator: (⁠⁠⁠⁠Investment Calculator⁠⁠⁠⁠) 🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (⁠⁠⁠⁠Ramsey Investing Tools and Resources⁠⁠⁠⁠) Listen to more from Ramsey Network ⁠⁠⁠⁠🎙️⁠⁠⁠⁠⁠⁠⁠⁠ The Ramsey Show⁠⁠⁠⁠ 🧠⁠⁠⁠⁠ The Dr. John Delony Show⁠⁠⁠⁠⁠⁠⁠⁠ 🍸⁠⁠⁠⁠⁠⁠⁠⁠ Smart Money Happy Hour⁠⁠⁠⁠⁠⁠⁠⁠ 💡⁠⁠⁠⁠⁠⁠⁠⁠ The Rachel Cruze Show⁠⁠⁠⁠⁠⁠⁠⁠ 💰 ⁠⁠⁠⁠⁠⁠⁠⁠George Kamel⁠⁠⁠⁠⁠⁠⁠⁠ 🪑 ⁠⁠⁠⁠⁠⁠⁠⁠Front Row Seat with Ken Coleman⁠⁠⁠⁠⁠⁠⁠⁠ 📈⁠⁠⁠⁠⁠⁠⁠⁠ EntreLeadership⁠⁠⁠⁠⁠⁠⁠⁠ 💸⁠⁠⁠⁠⁠⁠⁠⁠ The Ramsey Show Highlights⁠⁠⁠⁠ ⁠⁠⁠⁠Learn more about your ad choices.⁠⁠⁠⁠ ⁠ Ramsey Solutions Privacy Policy⁠⁠⁠⁠

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by SmartVester.
0:08.0	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	Steve is with us in Greensboro, North Carolina.
0:16.9	Hi, Steve.
0:17.6	Welcome to the show.
0:18.9	Thank you, Dave.
0:19.8	Thank you for taking my call. Sure. I am 78 years old, Steve. Welcome to the show. Thank you, Dave. Thank you for taking my call.
0:21.3	Sure.
0:21.8	I am 78 years old, retired, divorced, and have no debt.
0:26.8	I have 300,000 in a Roth IRA in mutual funds, 100,000 in a traditional IRA all in mutual funds,
0:36.7	1.2 million in an inherited IRA in individual stocks,
0:42.1	3.7 million in a brokerage account in individual stocks. About 100,000 in cash giving me a net worth
0:50.1	of about 5.4 million. Way to go. My issue today is that in that brokerage, the taxable brokerage account, I have stock in one
0:58.8	company with a value of $1.8 million, which represents 34% of my net worth.
1:05.2	It's continuing to grow and how it looks good.
1:08.4	My tax basis on that stock is $58,000.
1:12.2	Good Lord.
1:13.2	We're all subject to capital gains, and I absolutely hate paying capital gains.
1:18.9	I don't blame you.
1:19.9	What would you do?
1:22.3	Wow.
1:23.7	Did you inherit any of this?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.