Ramsey Says $8M Investor Can Afford $75K Horse Despite Advisor's Warning

A 54-year-old early retiree worth $8 million plans to buy a $75,000 horse for competitions, despite her financial advisor's objections. Dave Ramsey suggests she can afford it, arguing that her $7 million investment portfolio can support the expense, and that she should not let her investments grow more. He also recommends paying off her $140,000 mortgage with a below-2% interest rate.