He Lost Everything Betting On Penny Stocks And Had To Move Back Home With His Wife, Who's Not Happy. But Something Else Irked Dave Ramsey Even More

A 30-year-old fast-food manager thought he had found a shortcut to building wealth. Instead, he lost every dollar he had saved and ended up moving back into his mother’s house with his wife. Kevin, who works as a manager at In-N-Out in Austin, Texas, told “The Ramsey Show” that he had spent years saving $34,000 during college and early adulthood. After someone he knew suggested penny stocks, he decided to put the money into those risky investments. “Long story short, I ended up losing everything,” Kevin ...