Dave Ramsey
π€ SpeakerAppearances Over Time
Podcast Appearances
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Seth is in Boca Raton.
How are you?
I'm wonderful.
So yes, you said $22,000 invested in what turned into a million dollars.
That's correct.
But I know that 25% of his net incomeβ What you've got to weigh out is the risk of a single stock is substantial because whatever that company does, so does the million dollars, right?
If that owner comes out and decides he's going to be in the Epstein files and the stock goes, or the guy, the CEO, and the stock goes in half, then you lost a half million dollars.
That's because you got it in one thing.
That's the risk.