Suze School: What I Want You To Do Now
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 10 April 2022
⏱️ 33 minutes
🧾️ Download transcript
Summary
On this episode, Suze recaps this past week in the markets and then we get a Suze School about what Consumer Staples are and why we need to invest in them as a way to have a diversified portfolio.
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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. |
| 1:16.2 | April 10th, 2000 and 22. Welcome everybody to Suzy School. Now I know that I said on Thursday that |
| 1:35.3 | I was going to talk about, I don't remember what I said I was going to talk about, but I don't want |
| 1:40.4 | to talk about whatever that was. I want to talk about what I'm going to talk to you about now. |
| 1:47.4 | And I want to talk to you about this because this market has been a very, very difficult market |
| 1:55.0 | and it affects everybody. It affects you if you're in your 401k's or your TSP's or your 403b's or |
| 2:02.0 | your IRA's. It affects you if you are an investor and you're looking for income and affects you in |
| 2:08.0 | every possible way. And this past week was a really, really rough week for the market. |
| 2:17.5 | However, I think many of you will remember if not, I'm sure you can just listen to a few podcasts |
| 2:24.1 | ago where I said I just wanted us all to be careful and wait to see what happens till about |
| 2:31.8 | April 4th. And sure enough on April 4th, I watched and I watched the markets do relatively okay. |
| 2:40.7 | And I said, okay, Suzy, April 4th, this week, what's going to happen this week? Because I really |
| 2:46.7 | believe that this week would tell the tale. And on April 5th, April 6th, we got obliterated. |
| 2:55.4 | These markets really showed what they're afraid of and what we should do. Now, why did I want to |
| 3:04.5 | wait until April 4th? Because I was totally convinced that after the March meeting of the feds |
| 3:13.2 | and where they indicated that they were going to start to raise rates, that a few of the fed |
... |
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