Suzie Orman – New American Dream

[ocrenter]

sometimes we need a slick TV sales lady to get us back to common sense.

the only thing I disagree with is “Pay student loans before credit cards.”

my student loan is at 2.5%, until recently, it has actually been below rate of CD return. I have to assume most student loans have relatively low interest rate given a lot are government backed. why in the world would someone instruct people to pay that off first than credit cards, which mostly run at 18-20%.

She probably should have also added: “always pay the full balance on the credit cards every month.”

[ocrenter]

[quote=walterwhite]loving who we are? i thought the nations problem was excessively high levels of self esteem?[/quote]

that’s why she had to add this. she needed average Americans to relate to what she’s saying.

[ocrenter]

[quote=walterwhite]loving who we are? i thought the nations problem was excessively high levels of self esteem?[/quote]

that’s why she had to add this. she needed average Americans to relate to what she’s saying.

[ocrenter]

[quote=walterwhite]loving who we are? i thought the nations problem was excessively high levels of self esteem?[/quote]

that’s why she had to add this. she needed average Americans to relate to what she’s saying.

[ocrenter]

[quote=walterwhite]loving who we are? i thought the nations problem was excessively high levels of self esteem?[/quote]

that’s why she had to add this. she needed average Americans to relate to what she’s saying.

[ocrenter]

[quote=walterwhite]loving who we are? i thought the nations problem was excessively high levels of self esteem?[/quote]

that’s why she had to add this. she needed average Americans to relate to what she’s saying.

[scaredyclassic]

she’s fulla crap. why would anyone listen to her. inf act, everyone is full ofcrap.

“And although one of Orman’s most-repeated mantras is how much she loves stocks — “(S)tocks, in my opinion, are the best investment vehicle for the growth of your money over time” — less than 3% of Orman’s net worth happens to be invested in them. Instead, she’s tucked away the vast majority of those royalties ($32 million-plus, after taxes) into insured, government-backed bonds.
As she trilled to The New York Times Magazine a couple of years ago, “I have a million dollars in the stock market, because if I lose a million dollars, I don’t personally care.”
Of course, Orman is no worse than the financial tabloids, which have been pushing no-load mutual funds as the “new” path to financial security for as long as anyone can remember despite mounting evidence to the contrary.

I remember hearing a favorite Orman statistic — that stocks average 11% return a year — from my mother’s financial adviser at Merrill Lynch just before the bottom fell out of her portfolio in 2000. I won’t feign surprise that Orman recommends becoming an informed investor by watching cable financial shows such as her own; more disturbing is her ridiculing of people who don’t think that financial companies are on their side as “paranoid.”

believe no one.

[scaredyclassic]

she’s fulla crap. why would anyone listen to her. inf act, everyone is full ofcrap.

“And although one of Orman’s most-repeated mantras is how much she loves stocks — “(S)tocks, in my opinion, are the best investment vehicle for the growth of your money over time” — less than 3% of Orman’s net worth happens to be invested in them. Instead, she’s tucked away the vast majority of those royalties ($32 million-plus, after taxes) into insured, government-backed bonds.
As she trilled to The New York Times Magazine a couple of years ago, “I have a million dollars in the stock market, because if I lose a million dollars, I don’t personally care.”
Of course, Orman is no worse than the financial tabloids, which have been pushing no-load mutual funds as the “new” path to financial security for as long as anyone can remember despite mounting evidence to the contrary.

I remember hearing a favorite Orman statistic — that stocks average 11% return a year — from my mother’s financial adviser at Merrill Lynch just before the bottom fell out of her portfolio in 2000. I won’t feign surprise that Orman recommends becoming an informed investor by watching cable financial shows such as her own; more disturbing is her ridiculing of people who don’t think that financial companies are on their side as “paranoid.”

believe no one.

[scaredyclassic]

she’s fulla crap. why would anyone listen to her. inf act, everyone is full ofcrap.

“And although one of Orman’s most-repeated mantras is how much she loves stocks — “(S)tocks, in my opinion, are the best investment vehicle for the growth of your money over time” — less than 3% of Orman’s net worth happens to be invested in them. Instead, she’s tucked away the vast majority of those royalties ($32 million-plus, after taxes) into insured, government-backed bonds.
As she trilled to The New York Times Magazine a couple of years ago, “I have a million dollars in the stock market, because if I lose a million dollars, I don’t personally care.”
Of course, Orman is no worse than the financial tabloids, which have been pushing no-load mutual funds as the “new” path to financial security for as long as anyone can remember despite mounting evidence to the contrary.

I remember hearing a favorite Orman statistic — that stocks average 11% return a year — from my mother’s financial adviser at Merrill Lynch just before the bottom fell out of her portfolio in 2000. I won’t feign surprise that Orman recommends becoming an informed investor by watching cable financial shows such as her own; more disturbing is her ridiculing of people who don’t think that financial companies are on their side as “paranoid.”

believe no one.

[scaredyclassic]

she’s fulla crap. why would anyone listen to her. inf act, everyone is full ofcrap.

“And although one of Orman’s most-repeated mantras is how much she loves stocks — “(S)tocks, in my opinion, are the best investment vehicle for the growth of your money over time” — less than 3% of Orman’s net worth happens to be invested in them. Instead, she’s tucked away the vast majority of those royalties ($32 million-plus, after taxes) into insured, government-backed bonds.
As she trilled to The New York Times Magazine a couple of years ago, “I have a million dollars in the stock market, because if I lose a million dollars, I don’t personally care.”
Of course, Orman is no worse than the financial tabloids, which have been pushing no-load mutual funds as the “new” path to financial security for as long as anyone can remember despite mounting evidence to the contrary.

I remember hearing a favorite Orman statistic — that stocks average 11% return a year — from my mother’s financial adviser at Merrill Lynch just before the bottom fell out of her portfolio in 2000. I won’t feign surprise that Orman recommends becoming an informed investor by watching cable financial shows such as her own; more disturbing is her ridiculing of people who don’t think that financial companies are on their side as “paranoid.”

believe no one.

[scaredyclassic]

she’s fulla crap. why would anyone listen to her. inf act, everyone is full ofcrap.

“And although one of Orman’s most-repeated mantras is how much she loves stocks — “(S)tocks, in my opinion, are the best investment vehicle for the growth of your money over time” — less than 3% of Orman’s net worth happens to be invested in them. Instead, she’s tucked away the vast majority of those royalties ($32 million-plus, after taxes) into insured, government-backed bonds.
As she trilled to The New York Times Magazine a couple of years ago, “I have a million dollars in the stock market, because if I lose a million dollars, I don’t personally care.”
Of course, Orman is no worse than the financial tabloids, which have been pushing no-load mutual funds as the “new” path to financial security for as long as anyone can remember despite mounting evidence to the contrary.

I remember hearing a favorite Orman statistic — that stocks average 11% return a year — from my mother’s financial adviser at Merrill Lynch just before the bottom fell out of her portfolio in 2000. I won’t feign surprise that Orman recommends becoming an informed investor by watching cable financial shows such as her own; more disturbing is her ridiculing of people who don’t think that financial companies are on their side as “paranoid.”

believe no one.

[meadandale]

[quote=walterwhite]paying student loans before credit cards sounds dumb[/quote]

You can default on your credit cards. You cannot default on your student loans.

I’d say it’s sound advice.

[meadandale]

[quote=walterwhite]paying student loans before credit cards sounds dumb[/quote]

You can default on your credit cards. You cannot default on your student loans.

I’d say it’s sound advice.

[meadandale]

[quote=walterwhite]paying student loans before credit cards sounds dumb[/quote]

You can default on your credit cards. You cannot default on your student loans.

I’d say it’s sound advice.

[meadandale]

[quote=walterwhite]paying student loans before credit cards sounds dumb[/quote]

You can default on your credit cards. You cannot default on your student loans.

I’d say it’s sound advice.

[Author]

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