Posted on 03/13/2007 6:25:23 AM PDT by JohnSheppard
The multimillionaire financial-advice star's investment plan may work for her -- but it wouldn’t make sense for most of her devotees.
Even with the stock market doing somersaults, it was no surprise which story more people wanted to discuss in the past two weeks than any other. From the moment word of a New York Times Sunday magazine interview with Suze Orman became public information, people wanted to know what I thought.
Their reason for asking was twofold: First, it's no secret that I'm not a big Orman fan. Second, they simply were stunned that, in the New York Times interview, Orman came out, discussing her relationship with her female partner, calling herself "a 55-year-old virgin" and more.
Dozens of newspapers carried the story, financial planners were buzzing about it, and yet they all missed the real shocking part, namely that the most compelling thing Orman came out about wasn't her sexuality but her investment portfolio.
(Excerpt) Read more at articles.moneycentral.msn.com ...
How did she amass $25 Million?
this guy must be nuts
30 seconds of Suze is more than I could listen to
She has a 'life partner'
However, if I had $25 million and a big enough income stream from books and seminars to pay the bills, I would probably invest in municipal bonds too. The other side of this is if she does make any specific recommendations about what stocks or mutual funds to buy, she won't be accused of "pumping and dumping" if she has all of her money in bonds.
That's simple. A lot of Americans have no knowledge of financial markets.
I assume books, magazines and television
she's been around a long time, and filled the need for a media female with purported consumer investment advice
obviously she has no real knowledge or talent, but that's what pop "media" is all about
Nails on a chalkboard...if you're going to give advice don't preach and don't give me the know-it-all routine. Bruce Williams is the same way...unlistenable on the radio but then he always sounds like he's slobbering on the desk.
Ya know, I've wondered what that something was about her... she's gay.
I think her strategy is not bad for a 55 year old with $25Million. Doesn't make sense for a 25 year old with $10,000. Nobody thinks one strategy fits everyone.
I like Suze Orman. She gives good money advise.....and some other good advise
I saw this lecture by her to college students on PBS. She was saying the most basic things, like max out your 401(k) matched contribution, and pay off higher interest rate debt first. All the students were nodding their heads and squinting their eyes like it was news to them. Fact is, it probably was. That is scary.
I tried to watch her once, but couldn't take her more than a few minutes. She seemed very condencending like she was talking to 5 year olds.
My favorite financial person...Dave Ramsey.
I tried to watch her once, but couldn't take her more than a few minutes. She seemed very condencending like she was talking to 5 year olds.
My favorite financial person...Dave Ramsey.
She is actually very helpful to people who are financially ignorant. I can see why more mature individuals find her irritating. It's sort of like having a Ph.D. and listening to a lecture by a First Grade teacher.
I am disappointed in her sexual preferences. Suze is in my age group and I thought she was pretty hot. That she has $25M makes her even hotter. Why does she have to be playing for the other team?
Her best piece of financial advice, "Pay off your credit card debts asap, cut them up. If you must keep one, pay it off in full when the bill arrives."
I think PT Barnum has that answer.
"How did she amass $25 million?"
Some people can make millions simply by talking.
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