I Just Inherited $1,500,000 (I’m 22)

[@Ethernet480]

A 22 yo with $10k is indicative of “good with money” just in case you were wondering

[@vandrewsan]

For sure

[@jaysleeper264]

I'm glad Rachel was there to bring her back up 🤣. Two things can be true. No, 10k isn't the kind of money Dave was referring to. But 10k at 22 IS good and her bringing it up means she's probably proud of it. We can leap that if she's proud of it, she probably worked to get there.

[@wheel-man5319]

At least reasonably responsible.

[@stog9821]

I thought the same.

[@sid6554]

100%. Dave isn't too bright. $10k is far higher than the median savings for a 22 year old.

[@rachelr9352]

I absolutely love when Dave and Rachel do the show together. Their dynamic as father and daughter is so awesome!

[@XFizzlepop-Berrytwist]

I couldnt imagine being Dave’s kid honestly. XD I’m not super religious and I feel like that would cause a rift. Not to mention I do wonder how Dave would feel if any of his kids turned out not religious or were gay. XD I’d feel like I’d have to pretend who I was for many years for fear of being cut off.

[@9liveslisa]

Don't get married (yet) Spend more time figuring out adulthood. Invest the money well and forget about it. You'll have a nice retirement when you get there.

[@FileForename]

I wanna merry her :) I am am 46 yo,but I am whooping £300k networth XD. But apparently money don't make people happy,so it doesn't matter XD

[@oneperson5760]

Get married, if you know he's the one. I married at 20. 30 years later, it's the best decision I made. Since we both married young, we didn't get trauma from failed relationships and baggage with a bunch of different people. But definitely invest the money somewhere safe and forget about it.

[@Gunitro]

Women have a shelf life 😅

[@9liveslisa]

@@Gunitro Hate to tell you this, but so do men.

[@Calibrownsfan]

@@oneperson5760 you never actually know someone is "the one" thats why over half of marriages end in divorce

[@thisis.michelletorres444]

He gave her very sound advice. Also, kudos to her for getting advice from the RIGHT people. That money can set her up for life if she's smart with it or it will be squandered in a bad marriage. I wish her the best!

[@gmarie3053]

I wish her the best but at 22 and been together for 5 years, there’s zero chance she’s leaving

[@gildardomagallon]

@@gmarie3053sadly I in that’s true and I think he wanted to get married when he found out about the cash. He didn’t wanna get married for 5 whole years prior to.

[@darylfoster7944]

Most lottery winnings are squandered

[@AnthonyJustice-i9x]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this

[@henrybernhard0]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@ClarenceFerland]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@GrozaGroza-ko7fn]

I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

[@HighlightsSerieATIM]

I'm new at this, please how can I reach her?

[@ZahirFriedman]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@nvus2758]

"Money does not cause people to have problems. It magnifies the problems..."

[@ronhall5395]

Absolutely. I had nothing but a nice car when I got married and a college degree in Engineering. We both had to work to survive. No big deal. It was what we had planned to do. When my Father in law passed away, his kids were shocked By how much money he had. My wife was in disbelief. I just laughed, because I knew how much money he had saved and we often talked about investments. I really had no thoughts on it. It was her money, not mine. Much of it got rolled over to my wife into inheritance accounts. Her brothers and sisters cashed out all of their money. I left it all invested for my wife, in her name with me and our kids as beneficiaries. So now ten years later we still have most of the money, while her siblings have pretty much spent all of theirs. I even asked my wife if she wanted a post nup to protect her windfall. She looked at me very confused. " It is our money, not just my money" . Cool, but I don't touch it without her asking me to. I just paid off her new car from that account. By her request.

[@dnah02]

S&p 500 and chill.

[@compendiousperspicacity]

bitcoin and chill

[@Evroyal]

Exactly. Let that compound

[@1MikeDoe6]

1000%

[@penguin12902]

@@compendiousperspicacity I bought some crypto back in 2021 and it hasn't done jack since then. It drops in half, then mostly recovers, then drops in half, then recovers to barely above what I purchased for. Buying crypto in one lump sum is terrible advice. My investments have made enough that I thought about selling...but it turns out the gas fees to move it out of my wallet would basically negate my gains.

[@Harmxn]

​@@compendiousperspicacity Yes 100%. Just put it all in Bitcoin and lose all of it. Start from 0 again so the grind is better 🙏🏽 (sarcasm btw)

[@KParks]

This money is gonna disappear extremely fast!

[@zvmZvm0102]

girl is gonna find a tyrone to have fun with and blow it all...when she's a single mother she'll wish she had it back!

[@nunu4evaaa]

How do you know

[@CC-ru8pi]

She needs to spend a bit of that money to talk to a lawyer and an accountant, and she needs a prenup given the large discrepancy in financial position between her and her fiance. She also needs to seriously consider whether her fiance is going to exploit her financial windfall at her expense. She clearly lacks the life experience needed to make good decisions with the money.

[@Slyguy96]

That grandfather who left 1.5 mil to a 22 yo clearly wasn't thinking clearly. It should have been put in a trust fund. And she can not touch it until 30. Give's her all her 20's to get all the partying and bong hits out of her system. As well as some life experience. If not theere is a high likelihood the money will get squandered off on garbage.

[@PremSteve-yg4de]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@MarcyLoccy]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

[@Tanner-c2m]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@antoniaribeiro8073]

Could you possibly recommend a CFA you've consulted with?

[@Tanner-c2m]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@KatyaSantos-g4c]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@michaelb1429]

Prenup is great until you buy things, anything you buy together gets split( cars, houses, etc)

[@dudewhathappenedtomycountr9099]

Exactly. He'll talk her into buying stuff for the two of them.

[@dudewhathappenedtomycountr9099]

@@Bu-22 I'm talking consumables. You can easily blow $100K a year on trips. There's mo way to get the money back and stick it to the other party once the money is spent. And there's no way to account for every eventuality beforehand.

[@B_More30]

Dave: "You didnt have any money" - she's 22 man...dont say it like a jerk, Dave

[@greggpurviance7252]

It is true. 10,000 is good, but it isn't anything like 1.5 million. A whole diffrent ballpark & she has no experience with wealth like Grandpa

[@TheyRiseBand]

Dave is worth $200 million. To him, $10k is nothing -- a nice night out, maybe.

[@greggpurviance7252]

@@TheyRiseBand He is likely worth more than that. But 10,000 is nothing compared to 1.5 million

[@amireallythatgrumpy6508]

@@TheyRiseBand He's worth four times that.

[@Adam0l]

They were both just coming from different lenses. Dave wanted to know how much money she has, if she has a scope/comprehension of how much 1.5m is and 10k is nothing. The girl was saying she's done pretty good w money, in the context of a normal non-millionaire person. They're both right, but seeing her lens, and validating her handling of money was definitely the most appropriate response there 😂

[@Outrageousconduct]

If he's not working hard now ,he's never gonna agree to a pre nup don't think she's getting married

[@siva47931]

That's a win for her and a loss for him

[@profitmix441]

Who work hard anymore?

[@jimmymcgill6778]

She never said he is not working hard. She said he just started it up.

[@Outrageousconduct]

Go back and listen again

[@zvmZvm0102]

@@siva47931 I don't know I know a lot of single women in their 30s who want to die because they had "fun" in their 20s.

[@ReginaDominique]

Enlightening content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[@SlavoPetrovic]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@SoledadHughes-q2i]

Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@StalinGrabovsky]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@SoledadHughes-q2i]

Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@StalinUndav]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@stog9821]

This was good advice. First time I’d ever heard Ramsey. I’ll have to pay more attention. It’s hard to not tell your fiancé how much money you’ve got, but as a rule it’s best to keep it to yourself.

[@lancep.1251]

That’s not a lot of money if you start burning through it. Just put it all in an S&P index fund and leave it alone for 20 years. In the meantime, keep working like it isn’t even there. Thank me later.

[@imveryhungry112]

No way she's going to do that. She's going to marry this guy and they'll blow all that money within 3 years.

[@FileForename]

I would put in world fund. USA is way have too much debt. It is better to have exposure for whole world instead. Less performance,but safer imo.

[@FileForename]

@@imveryhungry112 hope no, but she is young and naive.

[@GMAMEC]

@@FileForenameI agree, investing can be very risky.

[@FileForename]

@@GMAMEC I know. I was 40% down in 2022.

[@TheyRiseBand]

That money will be gone in no time, marriage or not.

[@dolphinbear661]

Someone truly frugal could make it last a lifetime. I would.

[@H..M..]

@@dolphinbear661unfortunately, many young people with no experience handling money will fritter it away pretty quickly. Cars, houses, vacations, etc. it goes fast if you don’t know any better. And you think it is still a lot until it’s almost gone.

[@bp6877]

I was thinking the same thing; on its face, it sounds like a lot, but with things getting so expensive, it's not a lot; today, "$1,000" is the new $100.

[@btw-3006]

Even if you invested "only" $600K of that $1.5 million inheritance at age 22 and it gained an average annual return of 10% per year for 28 years, you would end up with about $8.65 million, which would be about $3.78 million in today's dollars (assuming 3% annual inflation for 28 years) and with a 4% withdrawal rate, that would be about $151K annual spending in today's dollars. This is also assuming you don't invest any additional money.

[@NorwoodGuernsey]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@AnstettSkelly]

I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

[@ChristofferGilbert]

Vote Trump 🎉

[@FegaroScheu]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

[@TaylorGaston-z9n]

I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields

[@AnstettSkelly]

Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.

[@lindakincaid4530]

Nope not this guy sweety. you deserve more. and when you do date no one needs to know you have money. Invest it all.

[@Talking.To.America]

It's interesting to think about how a prenup might actually help keep outside influences at bay, especially from extended family.

[@jasonmoquin]

Delay the marriage and do NOT give him any of that money. If he starts doing the right things and making his own money then you can put that back on the table. There is NO HURRY to get married at 22!

[@Madridstrat]

I am 32 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in business school and then invest in rental properties afterwards, or should I go for real estate investing first?

[@TheDayTheDay312]

I recommend seeking the advice of an experienced financial professional. It might seem costly, but as the saying goes, you get what you pay for.

[@JesseMayhill]

I'm very sorry for your loss. As she mentioned, it’s a good idea to consult a financial expert. In the case of rental properties, it might also be helpful to talk to some landlords to understand what’s involved. Many people view rentals as 'passive income,' but often underestimate the work required, even with a management agency. There’s also the risk of tenants not paying or unexpected major repairs. Definitely a lot to consider!

[@Bunnydrille]

I agree, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I max out my 401k and have few properties. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.

[@Duttonmuffins]

I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?

[@Bunnydrille]

Sure you can! Melissa Elise Robinson is the advisor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.

[@TorqueKMA]

I like how rachel stayed real quiet for the inheritance conversation

[@DavidAlgoma]

Hahaha good one

[@Art-is-craft]

She will be very well looked after. Dave is 63 and may have 25 years of life ahead of him. By the time it is her turn she will have already have her own portfolio.

[@MrMustangrick]

Nepo baby.

[@PhilipMarcYT]

If you can't trust him then don't marry him, it's that simple.

[@kirapoodle]

Money changes people

[@dnah02]

That's what he tells the men

[@untouchable360x]

I don't trust anyone. I don't even trust myself sometimes.

[@zedshockblade7157]

People change, the person you marry today may be different in 5, 10, or more years.

[@JustinCase780]

​@@zedshockblade7157Exactly! He could be a chic in no time and you just never know. Gotta roll with it.

[@marcusarelius]

This is so easy! You're 22 and just about to begin your career. Answer: pretend the money you just received does not exist, invest almost all of it! You could easily create a gameplan that allows you to retire by 40 years old. Invest the money, work and live like it does not exist. You will wake up one day in the not to distant future with the realization that you do not need to work and you will be old enough to deal with that responsibly. DO THAT!!!!!!

[@djjazzyjeff1232]

Bingo, if it were me, I would put that money into an IRA ran by a professional invested in low risk stocks. With that kind of money you could absolutely live on the gains alone if you have a trustworthy investment advisor.

[@james9872]

@@djjazzyjeff1232 I would maximize tax advantaged contributions but I would not advise locking up the entire pot in a fund you can’t access with minimal tax implications until retirement age if the goal is FIRE…

[@LukaMaretic-o3n]

Some women would like to get mareied and live a happy family life.

[@jeanmccallum-xs8rk]

Don't tell ANYONE about the money. Put it away, get a job, Don't take on debt!

[@JoeRNNE1]

Don't get married yet. Get a financial advisor and start figuring out a way to grow and protect your wealth.

[@Sheryl777]

@JoeRNNE1 👍

[@juliekovich-recordingartist]

Yes!

[@Art-is-craft]

Marriage has no connection to financial advice.

[@AshleyKeith-vw7ws]

My aunt passed and I inherited some of her portfolio and cash savings, I’m 28 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns

[@ChloeCarter-kd7gz]

Lucky you, I’d buy a lot of tech stocks and Dividend portfolios with that.

[@OliverLiam-px3vx]

Don’t come to KZbin looking for KZbin advise, instead contact a fiduciary for proper guidance.

[@JessicaKeith-uj1jq]

Same, I just use KZbin for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own.

[@AshleyKeith-vw7ws]

How do I reach out to a financial advisor? my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@JessicaKeith-uj1jq]

Desiree Ruth Hoffman is her name, browse about-her, you’d find details if you wish to reach out her. over half of the year 850k was way little of what I got it’s was a pretty awesome year for me

[@michellewrite2educate]

Congratulations. You are blessed. Yolo do your thing.

[@ericwilde4583]

I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to retire so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

[@JosephineGaule]

Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside, Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 thanks to my FA Dianne Sarah Olson) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive

[@stanleyfujiwara1394]

Very informative, one option I suppose is, if you were to invest a set amount buy the whole share in a ETF and the remainder could go into a index for which would allow you to purchase the fractional shares, is that an option?

[@ParishBlein]

well a million in profit is a nice milestone, how did you achieve that? I guess you have a proven trading strategy that you've spent a lot on please share more info !!

[@jacobsteven33]

Bitcoin.

[@rlkinnard]

just invest it in the stock market after getting rid of all debt.

[@AlessiaOrtiz]

*The amazing skills of real estate are that it help keep the family, aid financial support, and can serve as a retirement tool when retired. It's passive income which rewards hard work and patience*

[@henrymartino4283]

It’s the same talk everywhere but no one is saying how to get started?

[@AlessiaOrtiz]

I work with a *Financial adviser;*

[@AlessiaOrtiz]

*Donald Nathan Scott.*

[@henrymartino4283]

How do I reach him ;

[@jrey1]

​@@AlessiaOrtizyou reach him by yelling out his name?

[@johnkoch1888]

$1.5 million can be squandered pretty fast. Molly and Mosquito Joe need to have individual incomes of their own. Plus, anything to be obtained from the departed grandpa's business, or sale of the home occupied by Molly's mom, may not be easy to collect. Dave should refer Molly to a good attorney. At least postpone the wedding by a year or so.

[@vickie_hearne]

So much of marriage is like running a business....good advice here...

[@ajfrederick9584]

I had 10k. "You had no money"😂😂😂

[@profit822]

That was harsh 10K for 22-year-old that's pretty good. He has 40-year-olds calling in with zero savings

[@hiddenprofits216]

Lmao 10k is not good money compared to 500 K cash 😂

[@ajfrederick9584]

@@profit822 true but i think he meant in terms of the mentality of having 500k is a lot different than 10

[@ajfrederick9584]

@@hiddenprofits216 true but 10k at 22 is decent but the mentality of having a million dollars is very different than 10k

[@dnah02]

10k is a emergency fund for a 22 year old that's a decent savings amount. At 22 I had a few 100s. Lol Dave is a clown for this one.

[@bp6877]

Excellent!!!!! I listened to this a second time through: All I could think was two things: 1. The saying that, in a partnership, the one partner ends up with the other one's money; 2. How much people change between the ages of 22 and even 24; it's unrecognizable! Scary, challenging times are ahead for this young lady...I hope the inheritance gift doesn't become a curse!

[@StalinGrabovsky]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in

[@ErikaBailey-x8g]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@NikitaMcLauren]

Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@SlavoPetrovic]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@NikitaMcLauren]

Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@ErikaBailey-x8g]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@itsmebougie]

My favourite part about Dave is his support of therapy/counseling, and his ability to navigate money and relationships

[@Deadshot4396]

“I’ve got a million dollars in the bank” Dave: Start delivering pizzas

[@famousamos1]

Nah Beans 🫘 and rice 🍙

[@weing]

and he is 100% right!

[@alexalanis4830]

Sell the car.

[@brianselt291]

“In like hardware stuff?? “ “And like he owned buildings and stuff?” I hate the inflection at the end of sentences…it makes me think that people aren’t sure what they are saying. I really feel for her but, her best move was calling the DR show.

[@JosiahK555]

exactly, an eyerolling call... i feel for parents and grand parents that are intelligent and successful and hard working, and their kids or grand kids turn out to be airheads who don't know anything... I die a little bit inside when i see that happen.

[@JustinCase780]

She should say "like" more.

[@imveryhungry112]

He grandpa struggled and sacrificed so she could be like this now and vote for kamala

[@tarablue4472]

True. Dave and I couldn't make out when she was getting married when she said "Nov 20". I had a hard time understanding her much of the time. She didn't sound too sure on how her relative got the money or when she's getting married.

[@frankcb11]

She is young. It’s okay

[@ihaveadreamformykids4400]

Girl, this is your money before marriage. Get a prenup to protect the wealth your dad built for you and your future children.

[@PhilipMarcYT]

@@ihaveadreamformykids4400 if she has to get a prenup it's not a real marriage

[@bigcockedman714]

interesting you wouldn't say this if this was a man.

[@Nicole-zv7ee]

The fact that they are only 22 and she is already concerned about whether or not her soon to be husband will be motivated to work, because of this money, is a major red flag. I really hope she has him sign a prenup. As young as they are, I think she should invest every dime of the money, and then both continue to work, as if the money didn't even exist, so that it can continue to grow, over the next few decades. Otherwise, it could easily be squandered.

[@bigdaddygoon828]

They really both in the same boat she just got her money earlier and get him but eventually he's going to inherit money too from his parents who own the franchise

[@megalodon1726]

But he's in 20s. He'll probably have to wait another 30+ years to inherit it.

[@sewerrat7612]

Depends on the family some let kids get a portion to run know people under 30 who could retire if they want in that exact circumstances

[@rachelfrees1268]

Run dear one, run. ❤

[@TheJonOrtiz]

Dave is so favorable to women and prenups it’s getting hilarious 😂

[@profit822]

Yep, If it was a guy calling in he would never suggest prenups. He would say then you shouldn't get married. Because it's no longer your money, it's our money in a marriage.

[@Chet_24]

Truth!

[@KParks]

If this was a guy calling it would be this is y'all's money not yours put it in a joint bank account. But she's got 200k in student loans ok so you got 200k in student loans you need to deliver pizza she can stay home 😂

[@mike-yo8qj]

@@profit822 search videos from Dave and pre-nups... he's spoken to men between 22-40 that have inherited similar and he does suggest pre-nups to them, too.

[@actuallyterry]

​@@mike-yo8qj Exactly. People just want to feed their own agenda.

[@Mary-Flint]

I am 22 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?

[@J.woltz48]

I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra

[@LaurelCandice]

Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve my early retirement goal.

[@dianaP14]

@@LaurelCandice I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?

[@LaurelCandice]

Karen Lynne Chess is my FA. Just google the name and you’d find necessary deets to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@katieiri]

excellent share, curiously inputted Karen Lynne Chess on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

[@mitchd949]

If the marriage is already scheduled, even if he signs a pre-nup it may later be tossed because he can claim he signed under duress (i.e. had to sign to avoid embarrassment of calling off the wedding).

[@FortuneSeek3rz]

Dave rocks.. such good advice.

[@cartermullenix7794]

“ you only have 10k at 22?” 4 years as a full time student and rent will do that to you nowadays Ramsay….

[@johanw1163]

Love this advice, so much to take away from it!

[@JustinCase780]

Ken's at Subway getting 2 meatball footlongs. One for him and one for George (hopefully).

[@TheyRiseBand]

Something tells me Ken is the kind of guy that would get 2 sandwiches for himself, only.

[@JustinCase780]

​@@TheyRiseBandHe brought George the leftover half of the second one which was cold. George told him to F-off and Ken laughed while lipping his lips of marinara sauce and draining down his last portion of his Dr. Pepper.

[@MrMustangrick]

Weirdo comment.

[@nexizimas4060]

A very interesting take on a prenup that i wasn't sure i was aware of

[@mdm40mdm]

C’mon Dave! She was so proud of having saved $10,000 by age 22 and you tell her she “has no money.” Don’t lose sight of where you once were. Shame on you. Lost a bit of respect for you for that…

[@jeffmansfield914]

Yeah, he talks about being dead broke back in the day, and I’m pretty sure it was at an older age than she is. She’s doing good things.

[@m80mangg]

10k isn't even 6 months emergency savings. It's not a bad stash but it doesn't go very far

[@zvmZvm0102]

1.5 million isn't a lot of money.

[@santiagogomez1254]

Exactly she’s probably debt free with 10k in savings and very. Young come on she’s doing good

[@santiagogomez1254]

Dave asked if she had any money she answered his question Dave never asked her if she has some kind of wealth before this inheritance

[@KidCity1985]

Buy as many duplex as you can while keeping 50% leverage.

[@gildardomagallon]

So they were together 5 years and didn’t consider marriage until the dad passed away. I think he just wants to leach off of her but couldn’t commit prior to having that money there

[@nubbydigger6920]

NOV 20TH is a Wednesday. I love those middle of the week weddings.

[@DeboraGonzalez-h1y]

Please don’t get married.

[@trishacuddy1857]

solid advice!!

[@lazyshira]

Would have been best if the boyfriend had not known about the inheritance money (or the extent of it). Not that he knows, she can't be sure of his and his family's intentions. I would call the wedding off if I were her.

[@cyndiemcmartin6010]

I have always said that money and age make a person More of what they already are

[@vjs4539]

Don't marry him, girl. Not unless you wait 5 years and he starts working hard.

[@acd1168]

My thought exactly. Im like why marry him?

[@Ravetar101]

if the genders were reversed you wouldn't say that

[@johnwilburn]

She’s already waited five years and he’s backing off with the windfall on the horizon.

[@djpuplex]

Same advice for a male caller or just the female callers? We are equal right?

[@acd1168]

@@djpuplex NEWSFLASH: There is a double standard and there always will be. Get over it!

[@musume7723]

Molly, do NOT legally attach yourself to this man

[@rickyayy]

Run Molly!!!!!

[@sasyaharry4046]

Love how Rachel takes on her dad😂

[@TheJonOrtiz]

And he should make her sign a prenup on the franchise for when he sells it😊

[@sourcow56]

It’s not even his. It’s his parents 😅

[@TheJonOrtiz]

@@sourcow56 she said he’s going to inherit it

[@izgil7541]

It's a very good thing that she called when Dave was in because he gave her very good fatherly advice.

[@fueledbymusic3]

A classic example of why you shouldnt love (and hoard) your money. Because when you get old and die, someone else who did not work for it is going to inherit your money

[@motorcyclemichael2182]

Also, she should get an umbrella ☂️ policy on her auto/ home insurance 👌🏻

[@lindawilson4625]

Do not marry this guy. What you are saying doesn't bode well for the future. And you are only 22. Please don't do this.

[@Goodchicken_lameducks]

That's not a fair assessment. The guy is 22 years old. We are all young, dumb and inexperienced at that age. My wife and I are high school sweethearts and I know I was at 22. But you have to be patient and grow with each other. Life is ever changing and the person you are at 22 isn't who you'll be for the rest of your life. Now that being said, I don't disagree with the pre-nup advice. Any assets you have before marriage should be protected. Especially if it family inheritance. Then start a trust account with your spouse and protect your combined assets for your OWN family inheritance. Respect is a two way street you got to give it to get it.

[@stevenmorris4011]

Great advice for her Dave she should not had told him

[@DavidAlgoma]

She’s going to blow through it. She sounds ditzy.

[@saraeastman40]

Prenup ALWAYS!

[@diceportz7107]

"if you think there's not crazy in your family, it's you." I love Dave !

[@jtcr4199]

Yeah, I don't entirely agree with him, my family doesn't have any, I think we're pretty stable.

[@megalodon1726]

@@jtcr4199 he's not just talking about immediate family. He's also including aunts, uncles, grandparents and their siblings, cousins, nephews, nieces, and the spouses of all those relatives. Somewhere in that list there is crazy in every family, even if you don't know it yet. If you win $50 million in the lottery and your extended family finds out, you will see some crazy coming at you.

[@random-nz7dy]

I love Rachel and Dave together because she can clap back in a way the others can Like dave shooting straight 1:25 " 10k yeah you don't have any money" Rachels like lol "that sounded mean dad."

[@weing]

10k is fair used car or a basic emergency fund and thats all

[@FlyWithVeiga]

Some people have all the luck 😂

[@TheRalf9999]

Disagree…much better to earn on your own 👍

[@McTylerMoreTube]

Yeah. She’s so lucky her Grandad and then her Dad died.

[@FlyWithVeiga]

@@TheRalf9999100% agree. Just saying it’s nice to receive an inheritance without expecting one… 👍🏾

[@FlyWithVeiga]

@@McTylerMoreTubelol you took this comment and stretched it so far… just saying it’s nice to receive an inheritance without expecting it….. don’t over analyze it 👎🏾

[@Chet_24]

​@TheRalf9999 i disagree. It all spends the same.

[@teoshaetuk3616]

I like Rachel’s hair cut!

[@Albee213]

Prenup yes. It would be possible to never have to work again with 1.5 million if you live a reasonable lifestyle. You could buy three houses and make 2k each as rental income. Matters what location you live in. But most people are going to buy expensive cars and clothes and a house that they cant afford long term and end up broke.

[@fabbz94]

Or put it all in mutual funds paying like 7% then she can live off that every year.

[@Albee213]

@@fabbz94 I am no financial expert. But if you drew from the interests as income they balance will not grow. If you buy properties and rent them they increase in value and you the rent goes up over time as well.

[@fabbz94]

@@Albee213 if you're making like 150k a year in interest just live off 80k or less a year.

[@Albee213]

@@fabbz94 150 a year sounds a little optimistic but as stated I am no financial expert and only know how to own property.

[@fabbz94]

@@Albee213 at the end of the day we ain't gunna get an inheritance like that 😔 well at least I know I am not lol if rates go down enough I may get into rentals.

[@kn4ixc]

This girl is on fire

[@racheljordan6705]

Like doing a contract with a crook 😂😂😂 💪🏽 100 percent 💯 Be more careful young lady and don't tell any other people your business

[@savannahglembin7090]

The video focuses on trading mistakes no trader should make. You'll be empowered to bring your trading on the right track and learn which trading mistakes to avoid. Don't forget to comment below this video with your favorite advice because i believe we do learn everyday and in different places, so please lets share insights and ideas here.

[@Lorifranklin-s6k]

Successful trading is all about knowledge, experience and discipline, and you can achieve these virtues from anywhere with access to the markets. You can go anywhere and do anything you want, and still bring home money. What's better than going on vacation AND making MONEY?

[@Jordimollind]

ADDILYN MADRIS AMBROSE understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch

[@Eviesautner]

Wow. I'm a bit perplexed seeing Addilyn Madris Ambrose name been mentioned here also. Didn't know she has been good to so many people.

[@Karenwiegner]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional .

[@Clarencekrusensterna]

Ms Addilyn Madris Ambrose was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Addilyn Madris.

[@bob007fl]

"Money does not cause people to have problems, it exposes the problems they have". wow!!

[@genxx2724]

I think this money puts the girl into a different sector of society, where she has the potential to meet more successful people.

[@morningmona]

Not if she has no substance and in full and dumb.

[@TipsWithFun]

Excellent talk

[@jbeav3902]

My wife is going inherit a fortune in a trust. Just don't know when the fund will relinquish the money. Waiting for old money is not fun.

[@iddddaduncan]

Get back to work

[@genxx2724]

Don’t sit around waiting for the money. Live your life the best you can. When it comes, it will be a bonus.

[@FileForename]

4:35 - 100% agree!

[@NewGuy2024]

No matter in debt or a payout -- the BIGGER the number the FASTER we click!

[@tarablue4472]

Hmmm interesting analysis.

[@hummerchine]

Run Forrest Run!!!!

[@mariacorretge6615]

She sounds like she's 7 year old.

[@TheWalamala]

remember now 22 year olds were only born in 02 so they are still physically and mentally 7 years old

[@TharsanJeyachandran]

Great ep

[@webfreakz]

Caller: "I'm pretty good with money, I had 10k dollars" Dave: "Ok so you didn't have any money" 🤣

[@jasonjohnson1824]

Yeah, that's baby step 3/7

[@kvgolfa]

She's 22

[@AprilFriday-de6vm]

For a 22 year old, 10,000 in savings is way above average. She’s only been an adult for 3-4 years. Kids in their twenties barely earn anything usually.

[@flotaylor8170]

Omg, Dave is so spot on. When I met my now husband, he moved into the house I owned with me and his mom told him he shouldn't be paying rent because I owned the House and rented out the basement apartment. My husband just ignored her! Family is weird!!!

[@arcticredpanda4598]

No marriage counseling is gonna make a 22 year old grow up.

[@hobbes1069]

Rachel just got "Mam'ed"! 🤣

[@Momo-bb2fn]

1:17 dam Dave let his rich side show for once💀

[@Ffmt-ri3ti]

lol $10,000 is a decent amount of money for a 22 yr old.

[@Momo-bb2fn]

@@Ffmt-ri3ti Yeah I mean many 22 year old Americans are coming out of school with tens of thousands in debt.

[@invictuz4803]

Lmao, if you don't think there's crazy in your family, then it's you! Hilarious quote.

[@neededtobesaid4275]

I wish Dave had also told her that she needs to NEVER loan people money. Money makes people around you weird. The second her future MIL, FIL, or BIL wants to borrow money they need to have an agreed upon answer. Sorry, but we don't have any money available to loan. No, we don't have any money available to "invest" with your business...

[@hummerchine]

DO NOT MARRY Put every dime of your inheritance into an index fund. Pretend it isn’t there. Don’t tell anyone. Live your life, when yer older you will be wildly wealthy

[@EricAndradeMusic]

How would she feel if he was calling in saying he wanted a pre nup because he inherited $1,000,000 shortly before a wedding? These female callers are unbelievable. Just break up with him and get it over with.

[@fabbz94]

Agreed! They would tell the guy "it's yalls money now" smh. She never has to work again so she should really just decide if she wants to be with this guy or not.

[@EricAndradeMusic]

@@fabbz94 when men make money we share it. When women get it, they keep it for themselves. An unflattering reality women will not admit.

[@beaniemac]

@@fabbz94he most certainly would say that

[@fabbz94]

@@Wild_flower_415 don't tell me what to think.

[@fabbz94]

@@Wild_flower_415 dont tell me what to do

[@valitsenimimerkki]

Good advice

[@analyticalchick3064]

Like um, I don't know my wedding date, like um, prenup? like yah ok?

[@KathleenMcNe]

She sounds like an immature flake.

[@greggpurviance7252]

​@@KathleenMcNeno, maybe overwhelmed. Dad passed away now grandfather. Bucket load of money. Immature yes, flake - probably not

[@amireallythatgrumpy6508]

@@KathleenMcNe You mean like every American?

[@KathleenMcNe]

@@amireallythatgrumpy6508 So bitter and hostile.

[@amireallythatgrumpy6508]

@@KathleenMcNe Just like you Americans.

[@anotherperspective6247]

DR's usual advice on prenups is akin to: why wear a seatbelt when how you drive determines whether you will get into an accident or not.

[@amireallythatgrumpy6508]

Not really.

[@stevenmorris4011]

Yea she said he is not trying to work red flag

[@davidmilhouscarter8198]

1:45 Shameless plug…