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HerMoney with Jean Chatzky

Episode 32: How A Shark Got Her Fins

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 16 November 2016

⏱️ 42 minutes

🧾️ Download transcript

Summary

Barbara Corcoran, real estate mogul and “Shark Tank” investor, parlayed a $1,000 loan from a friend into a $5 billion empire. This week, she tells us how to push forward to succeed, even when you’re at your most afraid. In Mailbag, we talk supplementing your income during maternity leave and where to put extra money once you meet your 401(k) cap. 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.

0:04.0

Her money is supported by Fidelity Investments. Together we're here to

0:15.8

empower, educate, and encourage women to start talking about money. Discover

0:21.2

more at Fidelity.com slash its time.

0:25.0

Her money comes to do something for me. I'd like you to all just breathe.

0:46.0

Let's breathe to a count of four and we're going to breathe out.

0:56.5

One, two, three, four.

1:01.2

Now do it again, and do it again, and do it again and do it again and do it again and

1:05.2

and here's why we just have to keep breathing.

1:10.1

This is a very volatile time in America. This is the first time that I have been in the

1:18.0

studio since the results of the election.

1:23.0

There was a lot of talk about the fact that the markets were going to tank, which by the way,

1:30.0

they didn't, at least, not until now.

1:33.1

There was a lot of talk about increased volatility,

1:36.5

which I believe that we will continue to see.

1:41.0

There's a lot of talk about all the things that could go wrong and all the other things that could be different about changes in our economy, changes in health care, changes in health care changes in education, different changes.

1:59.0

And here's what I know from 25, 30 years of reporting on people and their money.

2:07.0

The markets don't like uncertainty and we are in a period of uncertainty.

2:14.3

We are in a period where despite what the fundamentals say,

2:21.8

there are just a lot of unknowns out there and so whenever you're faced with a period like

2:29.1

this the thing to do is one focus on your plan. Figure out what are your goals? What are you trying to

2:39.1

do with your money and how long do you have in order to make that happen?

...

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