This Is the Difference Between Investing and Speculating

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 16 May 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	This episode is brought to you by SmartVester. Connect with an investing pro near you at Ramsey
0:10.1	Solutions.com slash SmartVester.
0:13.9	Raquel is with us in Los Angeles. Hi, Raquel. How are you? Hi, folks. I'm great. Thank you.
0:19.5	Thank you guys for taking my call. How are you guys? Better than we deserve. What's up?
0:23.5	Amen. So the question I have for you is my husband and I are 33 and we are possibly considering buying our first home. We would like to put an offer in, but we have the possibility of borrowing $110,000 for my in-laws in order to not touch
0:42.4	our last nest egg, which would be a Bitcoin that hopefully will increase in value in the next
0:48.7	few years. We can use that Bitcoin, but we are wondering whether or not it would be wise and we would like
0:56.7	your advice.
0:57.5	Okay.
0:57.9	So you're brand new to the show?
1:01.0	Brand new.
1:01.9	Okay.
1:02.4	Well, not brand new today, Bransy.
1:04.1	I know that you're not a big Bitcoin.
1:06.0	I've been listening to you on and off my whole life since, you know, my mother
1:08.9	found you grow up.
1:09.9	So you kind of expect me to tell you to sell the Bitcoin?
1:11.6	Yeah, we kind of...
1:13.6	That would be fairly predictable if you've been listening at all, yeah, okay.
1:18.6	For different reasons, though.
1:19.6	I mean, first off, yeah, Bitcoin's not a great investment.
1:22.6	We would never suggest it.
	...

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