This is your man here and you are listening to the Women in Money podcast.

We will rise above and live a life we love.

April 16, 2020 and welcome to another edition of Ask Susie Anything.

This is where normally you write in to Ask Susie Podcast at gmail.com and you send in a question

and I pick a few and then I usually answer them on the Thursday drop of the Women in Money podcast.

But today there are so many things that I want to talk to you about that I know all of you need and want to know

that I decided okay we can postpone for a little bit answering personal questions on the podcast.

So first of all I want to say today is a really special day for me anyway in KT it's our 20th anniversary.

Can you believe it?

And I was going to have her on today and we're going to talk about things and I thought no no KT I have things I really got to talk to everybody about.

Maybe you'll come on Sunday because she's now telling me that there's new things that she's learned about me.

I'm like and so don't you want to tell me first goes no I want to tell everybody so if you want her to do so just write to ask Susie Podcast to gmail.com and let me know that and maybe she'll come on Sunday.

Now before I begin I also just want to tell you that if you go to Susie orman.com slash webinar.

Then you can sign up starting today for a free hour webinar that I gave with Reed Tracy who's the CEO of Hay House on how you can heal your financial life.

And it's really fabulous it's absolutely free but you might want to do that and while you're at home and who knows what you're watching I think it would be a great thing for you to watch.

You can actually see me rather than just hear me so I just wanted to tell you about that.

Alright let's talk about the stock market and I'll probably talk more about this on Sunday because then we're going to see what's going to happen Thursday and Friday but I just want to give you a recap.

And I want to start educating you I want you to also know about the stock market and even though I know a little bit ago I said I just don't want this to be a podcast about you know straight finances like the stock market stocks and everything.

I just think this is an important lesson for all of us to learn.

When the market was at its high in February the Dow Jones industrial average was at 29,500 in two or three weeks after that it dropped 11,300 points which is when you all got freaked out to 18,200.

And that is when you were writing me and saying I have to sell I have to get out of my 401k plan I'm pulling everything out we were down almost 38% at that time and all of you were absolutely so distraught it wasn't even funny.

And I kept saying to you no no don't do that not here not now it happened too fast just be patient it will go up again and if you need this money within a year or so definitely under two years then when this market spikes again you should sell.

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