Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Suze Pop-Up: What Does This All Mean?
8 snips
Apr 4, 2025 Discover insights on navigating today's economic uncertainty with practical strategies to manage your finances during turbulent times. Learn about the importance of diversification and safe investments like bonds and gold. Suze emphasizes a steady approach to financial decision-making, helping listeners tackle financial anxiety head-on. Plus, explore how to jumpstart your financial wellness and protect your future.
AI Snips
Chapters
Transcript
Episode notes
Cautious Dollar-Cost Averaging
- Dollar-cost averaging is still okay during market downturns, but proceed with caution and tiny amounts.
- Avoid bottom-fishing, as the market's future is uncertain, resembling the volatility of 2022.
Maintain Retirement Contributions
- Don't stop monthly contributions to retirement accounts, especially employer-sponsored ones, even during market downturns.
- Maintain consistent investing, especially with a long-term horizon (5+ years), as consistency is key.
VIX and Market Sentiment
- The VIX, a measure of market volatility, surpassing 45 indicates high fear outweighing logic.
- Historically, high VIX levels suggest it's not the time to sell, so stay put.