I Turned $1,000 Into $380,000 With This Stock

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 21 January 2025

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	Brought to you by CHM, a biblically based alternative to health insurance.
0:06.3	Learn more at CH Ministries.org slash budget.
0:09.4	I have a question today, kind of a fun one.
0:12.1	In 2011, I moved back from college.
0:14.6	I'm from Fremont, California, and my mom said, hey, the car plant that used to, it used to be called Newme, dead for years.
0:22.5	A little electric car company from across the bay is going to start building cars.
0:27.1	They're looking best.
0:28.4	And through $1,000, all I had at the time into Tesla stock.
0:33.0	And last week, I'm upwards of $380,000.
0:37.2	What? And we owe, yes, sir. From that $380,000. What?
0:37.7	And we owe, yes, sir.
0:40.3	From that $1,000, you didn't put in a dime more,
0:42.9	$1,000 turned into $280,000 because you're on the very front end of buying Tesla stock.
0:48.3	No.
0:49.3	I put in $1,000.
0:50.9	I did not put in a dime more upwards of 380,000. Wow. That is wild. It is wild.
1:01.0	Do you ever play the lottery? Because if not, you should probably start. No, sir. That is the one time I will have won the lottery in this
1:10.1	lifetime, I believe.
1:11.2	Oh, congratulations.
1:12.5	Way to go.
1:14.2	Thank you.
1:15.6	So now, you know, happily married, we owe 288 on our home.
	...

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