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I Lost $16,000 On A Single Stock!

The Ramsey Show Highlights 77 views

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Dave sells crap on his website to losers
Comment from : @ssleddens

U dont lose til you sell Terrible advice Didnt even ask what company
Comment from : @Crispy640

The co-host invested in a the single stock AOL? I would never have done that You joined THEIR network, not the big bad internet They used secret, proprietary packets (UDP, ICMP, whatever) to keep you in their little "walled garden"!
Comment from : @williamjones7821

That dude on the left was bangin the whole team lol
Comment from : @demri123

No risk no reward Ramsey
Comment from : @freedomwarrior5225

Nobody should have bought Nvidia Lol
Comment from : @freedomwarrior5225

Never cash out!!! Unless short term long term looks like mud I would not sell If it is Glaxo, I would not sell
Comment from : @Wall2000x

Investing in a pharmaceutical company is part of the issue
Comment from : @AlexF-qx7co

I’m glad the one single stock I bought went up before I sold
Comment from : @LaiSteve66

I loose $16k on any given day Kinda the role in investing But you should know what you’re investing in so you understand why it may have gone done A lot of times it’s just noise and macro environment
Comment from : @HalfEatenMedia

I invest in single stocks
Comment from : @682Deano

AOL 🤣 The way he puts his hand up and says he doesn't want to talk about it
Comment from : @rollinupinyah1802

Update: she sold out and the stock went up 500
Comment from : @slickfingers

Did she buy BNGO? Sounds like that🤣
Comment from : @jxia86

Haven’t seen this but I think Dave’s first question will be “did you sell?”
Comment from : @aaronmeives4496

Was this cydy ? Lol
Comment from : @mikehawk9992

“Don’t judge me Ramsey, Okay it still stings” 😂😂😂
Comment from : @christopherniver6317

Increased my position in Tesla and will be holding forever
Comment from : @clarifyingquestions

From the first minute I thought if she bought Bayer? Bayer is a great company and a cheap buy
Comment from : @ironrye4317

I wanna know what ticker it was and see what would've happened 😂
Comment from : @BxrgnBxndt

No! You do NOT get out!
Comment from : @terrencedabney843

It probably was not $TSLA Stock xD
Comment from : @ltubes

Should’ve asked what company it was Idk why Dave thinks every single stock on the market is bad
Comment from : @notreallyaghost

I do single stocks Strictly blue chip dividend growth stocks I study intrinsic value it's worked pretty well for 2 years At 24 I make 130$ in passive income I hold 25 different companies pretty much making up my own ETF I just prefer the dividend income to reinvest rather than having all my money tied up in stock price
Comment from : @thatdividendguy

If she has 100 shares she should be selling covered calls
Comment from : @Jeramithehuman

Stocks of any kind are always risky, especially in today’s uncertain world
Comment from : @braxxian

Don’t trade on the market unless you absolutely sure you know what you’re doing
Comment from : @Nammy007

Dude voice sound like an animated villan
Comment from : @marktownsend7070

Pfizer?
Comment from : @robfisher7706

This is why you average in, instead of dumping all your cash onto a stock at once Buy 1k here, 1k there, doing this will allow you to average down/up much easier
Comment from : @brandman7410

"AOL?"brbr"Don't judge me, Ramsey"
Comment from : @ivanvillalobos7734

This is one of the topics I disagree with Yes everyone has lost money with single stocks, but personally I almost doubled my net worth with single stocks Yes I’m young and don’t have a lot of money, but they are really good when you know what u are doing
Comment from : @timothylippert3244

Must have been shorting Tesla 😏
Comment from : @MadisonNakayama

I agree the sunk cost fallacy is illogical With that said if I already lost $16K of a $27K stock, I would just keep it
Comment from : @DewTime

You need to call jim Cramer on this one
Comment from : @Doubles_-wo6xj

She trades on robinhood
Comment from : @prestoncanti032

Should not invest if you don't know what you're doing She didn't have a plan or exit strategy She obviously had this money to throw away Since she's a high earner and no debt
Comment from : @lovelovevon4316

Wait, I had planned to start dividend investing Can you loose money on that too?
Comment from : @kingroyalgaming6122

Dave Ramsey is a complete idiot Talk about the blind leading the blind
Comment from : @bryand6051

You have to really know what you're doing to be playing single stocks Never invest all money in one stock no matter what And you must accept that at the end of the day you might lose a lot of money despite making all the right decisions
Comment from : @edwardmauer7442

its simple, DO NOT invest $ into market that you can't afford to loseand to top it all off she invested possibly all her $ into one of the most dangerous and risky segments which are pharmaceuticals lol
Comment from : @luvtotrade2009

it probly go back up too
Comment from : @WonToTwee

pharmaceuticalthat's not an investment those are casino plays 1 FDA rejection and the company will loose the majority of its market cap
Comment from : @DarwinChaug

Again bad advice You cannot give advice without knowing what stock she’s talking about If you just sold stock because it went down instead of up you’d never stay long enough to make money
Comment from : @bryan_witha_whyy

Bad advice Don’t sell if it’s a good company Good companies get sued all the time
Comment from : @sharinglungs3226

Its called cut your losses
Comment from : @lefrogie291

Why’d you put 27k in a stock you don’t believe in? Unless you were chasing a pump and dump stock You can invest in single stocks (Amazon, Apple etc) But if your putting 27k in like GNUS trying to hit it bigyou in for a bad deal Also if it’s Boeing hold You’ll make your money back The only way you sell is if you truely believe you found another stock that can make you some of that money back in a shorter time and you can take some of that money and buy it back later
Comment from : @shanethomas5327

Diversification!
Comment from : @daviddude7980

So that’s why he hates gold He was playing around with gold futures lol
Comment from : @Fishhawg

Single stock for 27k? She needed to diverse her portfolio She must of had no prior knowledge in stocks Take that 11,000 and invest in an etf and some other long term stocks You’ll make it back with guidance
Comment from : @TheTbabylati

On the other side of this trade was a very happy short seller Zero sum game
Comment from : @thematthewlong

Don't call in to ask Dave about single stocks you will get roasted
Comment from : @aaronpataki8378

Stay away from stocks guys if you dont have knowledge Hard earned money evaporates from your hands and you feel real bad when that happens
Comment from : @swordfish9807

"Never lose money"brWarren BuffettbrWhen your stock is down add more money to get a better average
Comment from : @mesoanto1031

I think she should just hold until she break even
Comment from : @Jay-ng9wq

I stil disagree single stocks can be great over the long term look at apple for example I bought apple very early on and god nows what its worth now
Comment from : @MOBMJ

Throat punch! Funny
Comment from : @OhMy_OhMy_2025

fool proof method, buy high sell low
Comment from : @wow1022

The fed created this problem If interest reates on savings accounts were 3, people wouldn’t be desperate trying to play the market With that said, it’s better to invest in a low cost index fund and hold for a long term if you don’t want to do any research Index fund like SPY and VOO are your best choice
Comment from : @rayallen953

This is the 1st person that has reached step 4!
Comment from : @TLM860

I think it's best not to buy stocks because they can go down
Comment from : @paxtonspreciouscavaliers8137

She is avoiding the question
Comment from : @paxtonspreciouscavaliers8137

I think he gave good advice
Comment from : @paxtonspreciouscavaliers8137

I would probably just cash out than wait for it to go back up
Comment from : @paxtonspreciouscavaliers8137

Like how the question was right to the point
Comment from : @paxtonspreciouscavaliers8137

She bought KTOV
Comment from : @jamesmclean8751

Single stocks are not necessary bad it’s just that she had too large a position sizingbrNo more than 25 in a single position
Comment from : @RomilCPatel

Invest into Tesla!!!
Comment from : @chrisose4585

I’m glad he at least made her think about it and backtracked a little Blindly telling someone to sell a losing position without knowing the details of the company is terrible advice, whether or not she knew what she was doing
Comment from : @2hrsToChooseThis

If this was uploaded same day, guarantee she’s talking about Bellus Health Tanked yesterday when they failed their clinical trial
Comment from : @austinsebek

bI got my throat punched/b 😳 😂😂
Comment from : @jacobmoreno6339

Not because you fail doing something once means you have to stop all togeather
Comment from : @mikebean

The answer in the beginning of investing is setting a stop loss Period
Comment from : @RapticGaming

She’s talking about Idex lol
Comment from : @nzmanhdee6246

Crypto is the way to go up more than 1k on my 5k investment in less than a month
Comment from : @bullishbryan4457

I put money into worldcom back in the day Everybody knows how well that went :-(
Comment from : @SteveNoblin

moderna stock? lol
Comment from : @jordanbaldi2832

I lost 10k on a stock about a month ago (15 net worth), here's the hang up, I have made about 35k on the stock to that point Obviously I would do that 10/10 Single stocks are not the scary monster they are made out to be by many
Comment from : @Notusingnyrealnamehere

Only 16? I’ve lost 100 on a single stock lol
Comment from : @allstarmark12345

The lose is not realized yet, if she thinks it could go up she shouldn't sell it
Comment from : @VicariouslyVanna

I'm guessing she's talking about AMRN I took a hit, but I'm holding long Single stocks are great if you have the time to research I'm up over 100 on several and over 200 on two I only have ETFs and index funds in my 401K and IRA Tech ETFs have done amazing over the past 2 years
Comment from : @320mkg

If you buy individual stocks, buy companies and businesses that you know and understand
Comment from : @NWBIZGUY

I wonder which stock she invested on?
Comment from : @romeoholligan2107

Jnj Im guessing?
Comment from : @NoBoDys1000

Hold it for nowbrMarket is too volatile right now brAfter Nov 3, make your decisionbrForget about that particular stock for now
Comment from : @pablocastro2210

I’ve watch Merck for a year and a half and it’s like a yo yo Buy, sell, buy, sell every day if I invested to make a couple dollars We all needed to buy amazon years ago And Apple😂😂😂
Comment from : @cherylcampbell7495

Well I never put money in single stocks, but I use to work for a company that was on the stock market and in 2008 the stock sunk Many of my coworkers lost all their money, because in previous years they made loads of money It can change at any minute
Comment from : @rbraxton00

I trade futures, I do well, but only because I took a paid course I didn’t wing it
Comment from : @iabsoluteagreewithyourcomm1451

The usual problem I see with single stock buyers is that many of them seem more geared towards buying a large lump sum at a single price point with the intent of making quick returns, and without doing any due diligence on the stock they buy
Comment from : @scarpfish