Making Peace With The Enemies of Wealth
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 14 June 2020
⏱️ 28 minutes
🧾️ Download transcript
Summary
In this episode, Suze outlines the three enemies of wealth: fear, desire, and greed. She then goes on to explain how we can defeat each of them so we can live a life of true wealth.
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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. |
| 0:41.6 | So you are in here and you are listening to the Women in Money Podcast. |
| 0:54.2 | We can't give up and no matter what we will throw us. We will rock and slip up and live a life we love. |
| 1:04.4 | If we just believe it will save us free. We will rock and slip up and live a life we love. |
| 1:15.0 | June 14, 2020. Welcome to the Women in Money Podcast as well as the Men's Smart Enough to Listen. |
| 1:27.6 | What a week this was. Now do you remember on Thursday, if you listened to the ASSUSY Anything |
| 1:37.7 | Thursday podcast that drops on Thursday, I started that podcast with the question of |
| 1:45.4 | how do you feel do you feel great? I feel great. And the reason that I started it with that one line |
| 1:54.0 | about how do you feel? Are you feeling great? It's because prior to that point, the market had been |
| 2:01.2 | going up and up and up and up. And as I recorded that podcast, I had already seen that the Dow Jones |
| 2:09.5 | futures, which is an indicator that predicts what the market is going to open at, was already down |
| 2:16.0 | 600 points. So I had a feeling that that day was going to be a tremendous sell-off. And in fact, |
| 2:25.9 | it was the market went down 1861 points or almost 7% which is huge everybody. That is a huge |
| 2:37.2 | down day. And then the question was going to be, well how are you feeling now? When the market went |
| 2:46.3 | down that day, how were you feeling? Were you not feeling so great? Were you feeling like, oh my |
| 2:55.2 | God, I have to get out again because a lot of people got out of the market that day. They had to |
| 3:01.0 | or the market would not have gone down 7% and then came Friday. And then Friday at one point, |
| 3:09.4 | the market was up almost 900 points and then it went down again and then it went up. But in the end, |
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