Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Ask KT & Suze Anything: Don’t Make the Biggest Mistake You Can Make With IRA Conversions
Jan 9, 2025
Dive into essential financial wisdom as the hosts tackle must-have documents for securing your future. Learn about the critical role of life insurance for children versus investing in ETFs. Discover strategies for navigating market fluctuations and the importance of emergency savings. Unravel the complexities of IRA conversions and tax implications, especially for those on Social Security. Laugh while learning about fearless investing and how to protect your wealth in uncertain times!
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Oakland Fire Experience
- Suze Orman recounts her experience during the 1991 Oakland fires, where she witnessed widespread devastation.
- She helped people decipher their insurance policies, becoming an expert on the topic.
Investing Advice
- Suze Orman advises listeners to dollar-cost average into stocks, especially during market downturns.
- She emphasizes having a long-term investment horizon and not needing the money for at least five years.
Must-Have Documents
- Will, a nursing home director, emphasizes the importance of having must-have documents.
- He observes that many people face end-of-life challenges due to a lack of proper planning.