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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Stock Market Frenzy - What Now?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Investing, Business

4.84.2K Ratings

🗓️ 1 March 2020

⏱️ 28 minutes

🧾️ Download transcript

Summary

In today’s episode, Suze explains the recent downturn in the stock market and why it’s important to stay calm right now.  


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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

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0:15.2

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0:24.4

You can also purchase these in a retirement account. So go to myalientaliant.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.

0:54.8

We can't give up and no matter what, we won't throw us at us. We will rise above the liver

1:03.2

life we love. If we just believe it will save us free. We will rise above the liver life we love.

1:13.6

March 1st, 2020. What a week. Last week was, wasn't it? The markets were going down.

1:28.1

The markets were going down and the markets were going down. Even though today's podcast had

1:35.5

already been recorded and it was a totally different podcast. I'm in New York because I'm

1:43.1

launching my new book, which by the way hit number one on the Amazon Best Seller list. Thank you

1:48.9

also very, very much. I couldn't just let that podcast go because I know all of you are so afraid.

1:56.0

I know all of you don't know what to do. Should I sell? Should I sell? Oh my god, I got to get out of

2:00.2

the market. I got to get out of the market. So I thought, all right, I'm going to record a new

2:04.9

podcast today just to address what happened last week. Now, I just want to say something.

2:14.2

Do you remember last year in episode 69, episode 71, episode 74, and episode 11, where I told you,

2:24.4

I said to be very, very careful that in February of the year 2020, you could expect this market to go

2:32.9

down. And a lot of you would write me and you would say, what do you mean, Suzy? What's going to

2:38.9

happen in February? What's going to happen? And it's not like I knew something was going to happen.

2:44.9

What was going to happen? Was it going to be the virus? I didn't know. But I also knew that we

2:49.6

were heading for a situation that was totally overbought and that it was very likely something was

...

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