What Should I Do With Stocks I Was Gifted?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 2 October 2024

⏱️ 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 sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:22.0	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Justin's in Spokane, Washington.
0:25.0	Hi Justin, how are you?
0:26.0	I'm blessed.
0:28.0	Good.
0:29.0	How can I help?
0:30.0	So about a year and a half ago, we are gifted over 3 million into a particular stock from a family member.
0:35.5	Wow. We've paid off. Yeah, we've paid off debts. We've built our forever home.
0:41.5	We now have about over a million sitting in that
0:44.9	stock but I hate having all of our eggs in one basket and I'm looking for some
0:48.9	tools to diversify and set everything up for our kids etc.
0:54.0	Ouch.
0:55.0	That's wonderful.
0:56.0	I hate it when somebody gives me $3 million.
0:59.0	Right?
1:00.0	Oh man.
1:01.0	Justin, how old are you guys? Uh, 45.
1:04.0	Okay.
1:05.0	So you're the guy with the rich uncle.
1:06.5	I always wondered where you were.
1:08.0	You know?
	...

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