Posted on 02/11/2009 1:32:44 PM PST by presidio9
"'Tell me what I need to know,' people often say to me. 'Here is what you need to know,' I answer." -- Suze Orman, "The Road to Wealth"
How a bottle-blond former waitress and self-described "55-year-old virgin" with a taste for the good life became the financial messiah for millions of Americans might be a fun Lifetime original movie. Why the masses continue to invest their faith in Suze Orman in the wake of a financial meltdown she never saw coming is a more timely question.
The answer is complicated.
If you've managed to avoid Orman over the past decade, you don't watch "Oprah," CNBC or PBS, and you've probably never entered an airport bookstore, where her toothy visage graces the covers of numerous best-sellers, the latest of which, "Suze Orman's 2009 Action Plan," has more than 1 million copies in print and has, according to her publisher, been downloaded 2.2 million times from the author's Web site.
Talk back: Do you listen to Suze Orman? There, you might also be persuaded to open an Orman-sponsored TD Ameritrade brokerage account or buy one of the products that she also sells on QVC, including:
(Excerpt) Read more at articles.moneycentral.msn.com ...
Those liberals sure hate paying taxes, don't they???
Has he been managing a portfolio that has outperformed the averages?
Bob is an interesting dude. A self described guy from the “mean streets’ of Phildelphia, Bob is strangely quiet about his college years and his Vietnam era military service.
a proponant of a deviant lifestyle trying to BS people that she has normal living advice.
I liked Lou Rukeyser where you’d get ten or fifteen recommendations from experts in various fields. But then again, I liked Lou Rukeyser anyway. The generation is going away, and it is our nation’s loss. By the way, Lou was one of the VERY few journalists of his era who actually served his country in uniform.
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I remember Cramer telling everyone to buy stocks like Exodus Communications right as the Nasdaq collapsed.
And then he told everyone this was a great oppurtunity to “cost average down” as all these stocks continued to sink lower.
And then when the stocks went to zero, he bashed the execs.
Then started talking about the next great companies to invest in.........
Wash, rinse, repeat.
The waterproof feature comes in handy when all the investments you purchased on her advice end up underwater.
She just annoys me... I used to avoid her like the Plaque on AFN in Kuwait on Sundays!!
I’m not debt free and listen to Dave. Very inspiring.
Um, most of the most brilliant financial minds in this universe watch CNBC at least occasionally. Ignoring something and telling yourself its irrelevant doesn't make you smarter.
Again, most of the stuff that comes out of this woman's mouth is just plain incorrect, but if you don't know who she is, you are uninformed.
Kristin Wigg currently holds my unofficial title of “Funniest Woman On The Planet.”
My mom watches her all the time. Then I get the torture phone calls about “Suze Orman says this....Suze Orman says that....” and its all the most basic of advice you could learn from picking up any book on personal finance written on a 3rd grade level.
When it comes down to it, she sold her soul to marketing and being a tv personality a long time ago. And as it comes to her ability to predict the market, a monkey at the zoo has the same skill level.
Well, you have to cut them all some slack, because NOBODY in their right mind would believe that someone would deliberately crash the stock market to win an election.
But somebody(s) did:
YouTube - Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks"
I'd say that a draw-down of $550 billion in money market accounts in an hour or two on a late Monday morning in mid-September just before the election qualifies as someone tampering with the market and the election.
But hey - that's just me. I'm a suspicious guy by nature.
In the final analysis, what it REALLY means is that until the government gives us some answers on who and what (and they KNOW who did this), the stock market is .
See my post #54.
I'm not sticking up for Orman the showwoman, I'm just saying no one could have called it.
Well, maybe a couple of people could have...
No one has ever answered the question that a host of FReepers were asking at the time about who was selling major insurance companies and airlines short on the days leading up to 9-11-01. I'm not a conspiracy kook (keeper of odd knowledge), but I've seen some pretty spectacular things being orchestrated around Soros, Move On.org and ACORN in the last few years!!!
The trigger was pulled on the 16th with the breaking of the buck at one of the largest and oldest MMMF in America. Then two days later we had a run on all the nation's Money Market Mutual Funds... SOMETHING IS UP!!!
Why listen to any one of them more than you have to?
Most of 'the most brilliant financial minds' just destroyed our economy.
Ignoring something and telling yourself its irrelevant doesn't make you smarter.
I haven't said one word that even hints that I am smarter than someone else...that's your area.
BTW, if I watched the same news channels you do, I would have voted for Obama. So...who did you vote for?
Soros is the Bad Character right out of a James Bond Movie. RUSH had a damn good rant this morning . It’s too bad he didn’t concentrate it on the media. Bringing down the liberal press would have a immediate effect on shaping the publics opinion...
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