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HerMoney with Jean Chatzky

Ep 328: Your Big Money Bet

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 20 July 2022

⏱️ 54 minutes

🧾️ Download transcript

Summary

How can we find safety while also stretching ourselves? How can we take calculated risks, and be more successful when making big money decisions? This week, we learn it all — including how to perfect our poker face — from Jenny Just, one of the few self-made female billionaires in the United States. In Mailbag, we cover where to put retirement funds, and how to save for a niece or nephew. In Thrive, how to host the cheapest summer BBQ (and still have a blast). Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an AirWave Media Podcast.

0:06.0

You don't learn to ski by just reading a book, right?

0:09.0

You're going to have to get on the bunny hill.

0:11.0

And in this market, it might be time to get on the bunny hill.

0:17.0

To the self-made and the self-sufficient,

0:20.0

our partner Edelman Financial Engines can tailor investment solutions

0:24.0

for the wealth you're building.

0:26.0

As a her money listener, you'll get a complimentary financial plan

0:29.0

you call 833-304-PLAN or visit plan EFE.com slash her money.

0:37.0

Hey everybody, I'm Gene Chatsky.

0:39.0

Thank you so much for joining me today on her money.

0:42.0

Over the last few months, last few weeks,

0:46.0

there have been more ups and downs in the stock market

0:49.0

than we care to count.

0:51.0

All of the major US indices have succumbed to bear markets

0:55.0

as of mid-June.

0:56.0

The S&P 500 is down nearly 20% from an all-time high in early January

1:03.0

and at the same time, crypto has seen unprecedented losses

1:08.0

with Bitcoin having its value over the last few months

1:12.0

and other currencies seeing losses of 20% or more.

1:16.0

Couple this with all the new asset classes like NFTs

1:21.0

that too few investors truly understand

...

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