Ask Suze Anything: March 26, 2020
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 26 March 2020
⏱️ 31 minutes
🧾️ Download transcript
Summary
In this edition of Ask Suze Anything, once again, Suze groups together questions coming in from Women & Money listeners about this volatile time in the stock market. Plus, what to do if you find yourself out of work, needing cash, and some do’s and don’ts about real estate during the COVID-19 Crisis.
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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. But 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 myeliantaliant.com slash |
| 0:35.2 | ultimate and check it out now. |
| 0:41.8 | So you are in here and you are listening to the Women in Money Podcast. |
| 0:54.3 | We can't give up and no matter what the world throws at us, we will rise above and live a life we love. |
| 1:04.5 | If we just believe it will set us free, we will rise above and live a life we love. |
| 1:17.0 | March 26, 2020. Hi everybody. |
| 1:22.1 | So what should we talk about today? Anything exciting in your life? How are you? How you feeling? |
| 1:28.9 | Are you liking staying at home? Are you okay with everything? |
| 1:32.7 | All right, let's talk about what I know you want to talk about for a little bit here anyway, |
| 1:37.6 | which is, Susie, are my investment safe? Should I take my money out of the 401k? I've gotten so |
| 1:44.7 | many emails from you. All of you saying to me, Susie, I need to come out of the market. This is all |
| 1:50.8 | the money I have. It's never going to come back. Oh my God, stop it. I need you to stop it. |
| 1:57.6 | Because really, there's a tremendous amount of hope out there. It's absolutely going to come back. |
| 2:04.4 | I promise you that. And if you don't need this money for at least five years, I promise you you're |
| 2:10.4 | going to be more than fine and happy that as long as you're invested properly in good quality |
| 2:16.8 | stocks and bonds, you will be so happy that not only you stayed in, but you continued if you can |
| 2:22.3 | afford to to put more money in as well as time goes on here. So now I'm very aware that the past |
| 2:32.3 | two days on Tuesday as well as Wednesday, they were great days in the stock market. Great, |
| 2:39.2 | great days. However, I just want you to know that of course they were great days, but that doesn't |
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