Ask Suze Anything: June 18, 2020
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 18 June 2020
⏱️ 25 minutes
🧾️ Download transcript
Summary
On this edition of Ask Suze Anything, Suze answers questions from a lot of Women & Money listeners about the economy and the stock market. Plus, two specific questions from Kevin and Josie.
They ask:
- What do you mean when you say, “the stock market is not the economy?”
- Some of my bond funds are down, am I in the wrong ones?
- My husband says I should take Social Security at 62 and then I’ll get half of his when he reaches 70. Should I do that?
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Transcript
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| 0:00.0 | Hey, everybody. I want you all to take advantage of the incredible interest rates that a |
| 0:05.7 | Lyon Credit Union is currently offering 4.5% for a three-month certificate, 4.75% for a six-month |
| 0:15.2 | certificate. The best of all, in my opinion, is 5% for a one-year certificate of deposit. |
| 0:24.4 | You can also purchase these in a retirement account. So go to myalientaliant.com slash |
| 0:35.2 | ultimate and check it out now. |
| 0:41.6 | So, as you are in here and you are listening to the Women in Money Podcast. |
| 0:54.4 | We can't give up and no matter what, the world throws at us. We will rock and slip up and live a life we love. |
| 1:04.6 | If we just believe, if we're set on a street, we will rock and slip up and live a life we love. |
| 1:15.9 | You 18th, 2020. Welcome to the Women in Money Podcast as well as the Men's Smart Enough To Listen. |
| 1:28.2 | Today is Ask Susie Anything and this is where you write in and you can write in by simply downloading |
| 1:36.0 | my app, by going to Apple Apps or Google Play, search for Susie Orman. You should know how to spell |
| 1:42.8 | my name by now and download the app and there is where you can send in questions. And if chosen, |
| 1:53.0 | then I'll answer them here on the podcast and again you never know when I will contact you directly. |
| 1:59.7 | There are many other things that you can find right there on the app, but really this is Ask Susie |
| 2:05.1 | Anything and this is how you get to ask me anything. Before I begin, I just want to make some |
| 2:12.7 | statements about the stock market and I've been interviewed a lot lately and I keep finding myself |
| 2:20.8 | saying as I've said to you many times on this podcast is that the stock market is not the economy |
| 2:28.2 | and the economy is not the stock market. And I see that a lot of you are writing in saying, |
| 2:34.4 | Susie, what do you mean by that? So let me just answer the one question since many of you are asking it. |
| 2:44.6 | The stock market goes up, the stock market goes down and what drives it up and down are people |
| 2:52.0 | who have money that they are investing or they have decided they don't want to invest so they |
| 2:57.3 | sell and they pull it out. But it's not just ordinary everyday people that are investing, |
... |
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