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The Ramsey Show

What Are You Going To Do When You Have an “Oh Crap” Moment?

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 30 September 2024

⏱️ 84 minutes

🧾️ Download transcript

Summary

Ways to watch Dave Interview Trump 📱 Download the Ramsey Network app for early access October 1 ▶️ Get notifications for the YouTube premiere on October 2 Dave Ramsey & George Kamel answer your questions and discuss: "I have $18m in a single stock - should I diversify?" "Can I self-insure my house?" "Should I cash out my investments to pay off debt?" "My boss is handing his business over to me," Will Guidara on unreasonable hospitality. Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp 🏥 Learn more about Christian Healthcare Ministries 🏡 Get started today with Churchill Mortgage 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! 💻 Visit NetSuite today to learn more 🚨 Get 15% off a medical emergency kit at The Wellness Company 🏛Get started with YRefy or call 844-2-RAMSEY 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏆 Join the Crusade! Apply Now! 📈 For help with investing, get connected with a SmartVestor Pro. 💼 For business and leadership insight, listen to The EntreLeadership Podcast. 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Ramsey Solutions is a paid, non-client promoter of SmartVestor Pros. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

The Live from the headquarters of Ramsey Solutions, it's the Ramsey Show.

0:20.0

We help people, build build wealth do work that they love and create actual amazing relationships?

0:30.0

I'm Dave Ramsey your host.

0:31.5

Thank you for joining us. George Camel Ramsey personality,

0:34.8

number one best-selling author and host to the George Camel show on the Ramsey Network's YouTube show.

0:40.3

You want to be sure and check that out he's my co-host today open phones at

0:44.2

triple 8 2.5. 225 you jump in we'll talk about your life and your money

0:51.9

Sarah is in Seattle to start this hour. Hi Sarah how are you?

0:57.6

Hi Sarah how are you? Hi Dave thanks for taking my call. Sure what's up? I'm looking for some

1:02.4

investment advice. So I'm a 50 year old

1:07.5

homeschooling mom. I've been homeschooling for about 20 years and we've been on a single income for a long time and and budgeting and living within

1:16.7

our means but recently about four or five years ago I used to work for a major tech giant and I had some socks that were

1:26.3

underwater so didn't think much about it and totally forgot I even had them and loaned a whole couple years ago it just went crazy and so now all of

1:36.1

sudden I have a great amount of net worth I guess but when I log in and see my

1:42.4

account I have up to about 18 million right now, but I don't know what to do with it.

1:48.0

And it's all tied up in one stock, which makes me a little nervous and you know we've I've never done a whole lot of

1:57.2

online investing or anything like that so wanted to see if you have some advice for me.

2:03.2

Wow that's awesome!

2:06.0

I hate it when I log into my account and there's $18 million in there.

2:09.9

Way to go!

2:11.2

Were you shocked?

2:12.2

Like, did you wake up one day and log in and go,

...

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