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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Ask Suze (and KT) Anything: January 14, 2021

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Investing, Business

4.84.2K Ratings

🗓️ 14 January 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Linda, Debbie, Nicholas, Vicheal, Donna, Tova, Stacy and Kim selected and read by KT.  

This week’s questions:

  • Should I invest in BitCoin?
  • What is the best way my young sons should save or invest money from an inheritance?
  • My husband and I are looking to move to either California or Florida.  Which would you advise has the better cost of living?
  • Why are ROTHs so great?
  • I lost my job and had to declare bankruptcy.  I’m having trouble finding a job, what can I do?
  • Should I be a guarantor for my friend so she can get an apartment?
  • In the current state of the economy, how should I prioritize my money?
  • Should I hold on to a stock that’s in decline?

This week’s Quizzie (submitted by Jennifer): How should we finance a paint job for our home, which is required by our HOA?


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Transcript

Click on a timestamp to play from that location

0:00.0

Hi everybody, Susie O'Hare. And I just want to say how proud both KT and I are that once again

0:07.6

a Lyon Credit Union is supporting the Women and Money Podcast. I want all of you to go to my

0:16.4

alliance.com that's amy-al-l-i-a-n-t.com and you will find their high interest rates on your savings

0:26.7

accounts. You're going to find that their CDs are offering great rates and we have a lot of

0:32.4

surprises for you this year. So be a member and be a member right now.

1:02.4

January 14th 2021. Congratulations Susie and Alliance Credit Union for launching the best and

1:17.8

coolest program on earth last Sunday. Matter of fact I got so many questions about it. I want to

1:25.2

tell all of you I'm not going to read any of them today but Susie's answering them on her Women

1:31.6

and Money app. Go there you'll find the answer to all those questions. Go to my wall everybody on

1:37.5

the Women and Money app and you find the app if you don't have it by downloading it by going to

1:43.9

Google Play or Apple Apps and search for Susie S.U.C.E. Orman and then you'll be able to get the

1:51.2

app and you'll see it. It's on my wall just so you know. All right little KT what you got for me.

1:57.9

Okay this is this is fun because I I don't understand it either Linda this is a question for Linda.

2:05.1

I see Susie I enjoy your podcast and especially the recent one with your 2021 outlook as well as

2:12.5

the ones with KT. I like you Linda. A number of 20 somethings I know have been investing in Bitcoin.

2:20.2

My daughter has seen her small investment more than double and she's been trying to get me to jump in.

2:27.2

I don't completely understand Bitcoin. I don't either Linda but I know it is a volatile investment.

2:35.1

Is it really legitimate? Can you provide a brief explanation on your podcast and your opinion

2:42.0

of putting a small amount into Bitcoin? KT do you remember on the app we have that

2:48.3

little go live function and you me and Kolo were in the logia at the house and somebody asked about

2:56.2

Bitcoin and I it was at 11,000 then and I said yeah buy it buy it do you remember? I'm sure all

3:02.3

of you if you had the app it would be there you could find that but here we are in Bitcoin

...

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