"Buy more Jackets!"
I never heard of her.
Listen to Dave Ramsey instead.
HA....I’ve heard she has nearly all of HER MONEY in bonds....probably tax exempt.
I used to watch Orman very early Sunday mornings - preferable to most infomercials - years back... Quit after she became a shill for ‘creative mortgages’ and ‘equity farming’...... (Even in ‘03/’04, those struck me as risky -and possibly immoral - financial maneuverings)
Thus... They're just entertainers selling advertising and completely full of it when it comes to competent investment/financial advice.
An experienced professional personal advisor who really gets to know YOU is the closest you'll ever come to getting good advice!!!
Suzie Orman gives very basic advice which is very hard to argue with. This article tries and it’s just a hatchet job.
I guess this is a liberal article because it attacks traditional financial advice. For example, there is something wrong with telling people to be responsible with credit cards?
And the author attacks income averaging (buying stocks consistently as they go both up and down) as “throwing good money after bad”.
This is a very ignorant article. He says his parents were told to income average before the bottom fell out of their portfolio in 2000. Well duh if they held a diversified portfolio and continued to invest they would have purchased stocks very low and the market rose to record levels a few years later.
My bottom line, this is someone trying to get known by attacking someone more famous.
Actually, she's a lesbian who has never slept with a man (or so she says)!
(Although study after study has shown that personal bankruptcies are caused primarily by catastrophic events like divorce, job loss and, above all, medical bills, and that most of us are struggling with a gap between our income growth and the soaring cost of necessities like housing, Suze tends toward psychological causes that invariably blame the victim.)
I don’t know either Suze nor the writer. From the paragraph above, I already vastly prefer Suze. It sounds like the writer thinks that if you are in a financial mess, you’re a victim (sounds familiar?). From the article, it seems like the biggest thing that Suze is responsible for is seeing the financial tsunami coming. How many people really did? And why concentrate on Suze and not most everybody else, especially the people who got us in this mess? Last time I checked Suze did not write legislation, and she did not run an investment bank. There seems to be something personal behind this article.
I’ve always felt that if TVs moneypreachers were worth listening to, they wouldn’t be on television.
They would be in the real world making real money.
Who was that financial advisor back around the early 80s who used to do public appearances where he arrived in a coffin?
Joe Somebody? His newsletter said “Sell” one day and it tanked the market.
I’ve watched her show from time to time and imo, her advice is usually basic and common sense advice. For instance, she had someone ask her whether they should refinance their house and use the money to pay off their credit card debt, her advice was not to do it, because people who tend to do that just go back and charge up their credit cards again. I know this to be true with people I know who have refinanced and used their money to pay off credit cards. Her advice was that you have to change the bad behaviour.
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.
Like she was the only one??????????????????????????????
"Buy more Jackets!"
Don’t worry; I’ve never listened to her for more than a minute. I find her yapper dog personality insufferable in itself.
I saw a suzie Ormen Filing case at office depot for collecting your bills/receipts that was waterproof and Cost $75 Yeah right!!!
What sez Suze got burned by Madeoff
a proponant of a deviant lifestyle trying to BS people that she has normal living advice.
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