HE GAVE MY UNCLE $3.1 MILLION... #shorts #reddit #redditstories — Transcript

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1. 0:00What's a money move? Only rich people
2. 0:01know that sounds completely insane. My
3. 0:02grandfather bought $38,000 of one
4. 0:04company's stock in 1987 and never sold a
5. 0:07single share. By the time he turned 89,
6. 0:09it was worth $6.2 million. He still ate
7. 0:11canned soup for lunch and drove a pickup
8. 0:13with a coat hanger for an antenna. My
9. 0:14uncle Grant was convinced that made him
10. 0:15crazy, not cheap, crazy. You're sitting
11. 0:17on $6 million, Grant said every
12. 0:19Thanksgiving, and eating soup out of the
13. 0:20can. Sell it. Give us our share while
14. 0:22you're still here to watch us enjoy it.
15. 0:23Grandpa always gave the same answer. I
16. 0:25don't sell. Then he went back to his
17. 0:26soup. My mom passed when I was 19, so I
18. 0:28moved in with Grandpa after his hip
19. 0:30surgery. I sorted his pills and drove
20. 0:31him to appointments. Grant visited twice
21. 0:33a year. Both times he asked about the
22. 0:34account before he asked about the hip.
23. 0:35Then Grant stopped hinting. He showed up
24. 0:37with a printed letter asking for his
25. 0:38half of the inheritance now, in shares.
26. 0:40I expected Grandpa to throw him out.
27. 0:41Instead, he called his broker and moved
28. 0:43$3.1 million in stock into Grant's name
29. 0:45that same afternoon. He said one thing
30. 0:47as Grant stood to leave. Hold them until
31. 0:48I'm gone. Don't sell. Grant laughed.
32. 0:50They're mine now, old man. He sold every
33. 0:51share in 9 days. By June, he had a lake
34. 0:53house, a boat, and a new truck with a
35. 0:55real antenna. He parked it in Grandpa's
36. 0:56driveway just so we'd see it and posted
37. 0:58the boat online with the caption,
38. 0:59Finally got what's mine. Then April
39. 1:01came. Grant got a tax bill for almost
40. 1:02$900,000. He stormed in shaking the
41. 1:04papers. Because Grandpa gave him the
42. 1:06shares while alive, Grant also got
43. 1:07Grandpa's 1987 purchase price. On paper,
44. 1:10he just made $3 million in profit, and
45. 1:11the government wanted its cut. You set
46. 1:13me up, he screamed at a 90-year-old man
47. 1:15in a recliner. Then he demanded Grandpa
48. 1:16pay the bill for him. Grandpa didn't
49. 1:17even look up. I told you not to sell.
50. 1:19Two weeks later, a court officer knocked
51. 1:21on our door. Grant had filed to have
52. 1:22Grandpa declared mentally incompetent.
53. 1:24His evidence was a list of irrational
54. 1:25financial decisions. Refusing to sell,
55. 1:27eating soup, giving away shares that
56. 1:29cost his son a fortune. If it worked,
57. 1:31Grant would control everything left,
58. 1:32including my half. He also told the
59. 1:33whole family I'd been isolating Grandpa
60. 1:35to steal the rest. Three of my cousins
61. 1:37stopped answering my calls. The court
62. 1:38sent a doctor. She spent an hour with
63. 1:39him. He named every president in order,
64. 1:41did long division in his head, and
65. 1:42corrected her spelling of his own
66. 1:44medication. At the end, she asked why he
67. 1:45wouldn't just sell. He smiled. Ask my
68. 1:47lawyer at my funeral. The petition was
69. 1:48dismissed that week. Grandpa died
70. 1:50peacefully 14 months later. He never
71. 1:52sold a share. Grant didn't visit the
72. 1:53hospital once. He showed up early to the
73. 1:54funeral to ask who had the account
74. 1:56passwords. At the will reading, Grant
75. 1:57sat across from me, grinning. He'd
76. 1:59brought his own lawyer and half the
77. 2:00family, the same ones who believed him
78. 2:01about me. The remaining stock was mine,
79. 2:03now worth $3.4 million. "Hope you saved
80. 2:05for taxes, kid," he said. "I paid 900
81. 2:07grand. You'll pay more." The lawyer,
82. 2:09Renata, looked up from her folder.
83. 2:10"Actually, they won't pay anything. The
84. 2:12room went silent. Three cousins slowly
85. 2:14turned to look at Grant. "When stock is
86. 2:15inherited after a death," she said, "its
87. 2:17value resets to the day he died. Every
88. 2:19dollar it grew since 1987 is simply
89. 2:21erased. Sell it tomorrow and the taxable
90. 2:23profit is zero." She turned to Grant.
91. 2:24"You took the same shares early, so you
92. 2:26took his 1987 price with them. That's
93. 2:27the only reason you paid." Grant's face
94. 2:29went gray. He knew, he whispered, "He
95. 2:30knew the whole time." His own lawyer
96. 2:32quietly closed his briefcase. Renata
97. 2:33unfolded one last page. He asked me to
98. 2:35read this out loud. "Grant, you called
99. 2:37it insane that I never sold. Here's the
100. 2:38secret. Rich people don't sell. They
101. 2:40wait and the government forgives it all
102. 2:41the day they die. You couldn't wait for
103. 2:42me to die, son. That cost you $900,000.
104. 2:45It's the only thing you ever paid for
105. 2:46yourself."