Avoid These Home Ownership Disasters
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 20 February 2022
⏱️ 39 minutes
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Summary
Are you doing the right things to protect your home? Are you taking disastrous short-cuts if you want to leave your home to your children? Today's Suze School will absolutely set you straight.
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Transcript
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| 0:00.0 | Hi everybody, Suzy Orman here and Katie and welcome to the Women in Money Podcast and everyone's |
| 0:06.0 | smart enough to listen. And both of us are so proud to have this podcast sponsored by a |
| 0:12.5 | Lyand Credit Union, the home of the ultimate opportunity savings account. This is where if you |
| 0:19.4 | simply go to myalliant.com and why a L L I A N T dot com open an account and deposit $100 a |
| 0:31.1 | month every month for 12 consecutive months. What's going to happen Katie? A lion is going to pay you a |
| 0:36.9 | bonus of $100. That is the place that both of us want you to save. So go to myalliant.com and do |
| 0:46.2 | what Katie? Look for Suzy and start saving now. |
| 1:16.3 | February 20th, 2020 and 22. Right everybody, welcome to Suzy School. Yes, yes. On Sundays, I really |
| 1:36.4 | try to have a podcast that teaches you what I really think you need to know to keep yourself out |
| 1:43.9 | of financial trouble. But before I go into Suzy School here, I just want to give you a brief |
| 1:50.8 | update about my thoughts about the stock market because so many of you are writing. |
| 1:56.9 | The markets are going up. The markets are going down. Then the markets go up again. And you feel |
| 2:04.3 | so good on the days that it goes up 400 points. You have a stock that has recovered somewhat of what |
| 2:12.9 | you've lost. And then the next day it goes all the way back down again. We have so many things |
| 2:21.9 | that we have to take into consideration when it comes to the stock market. We have to take into |
| 2:27.6 | consideration inflation, which is at 7.5%. We have to take in the price of oil and where oil is |
| 2:38.1 | going and what that does to the cost of goods. We have to take into consideration still the unknowns |
| 2:47.6 | of COVID. Is it going to come back? Is it not what's going to happen there? We have to take into |
| 2:55.2 | consideration Ukraine and Russia and what is going to happen there. So there are so many unknowns. |
| 3:04.5 | It's not even funny. And the markets for many reasons are overreacting. A company comes out |
| 3:14.1 | and it reports earnings. That means how well do they do? And if they just even miss it a little bit, |
| 3:21.2 | the stock goes down 10%, 20 points. It goes down big. Again, the rules of investing. |
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