Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze School: Trick or Treat
Oct 29, 2023
Learn the difference between being a rational and emotional investor. Explore the mindset of long-term investing and taking advantage of market fluctuations. Discover a new savings account for kids that teaches the benefits of consistent saving.
26:31
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Quick takeaways
- Investors should have a long-term perspective and avoid making emotional decisions based on short-term market movements.
- Learning from others' experiences and avoiding emotional decision-making in investing are important to avoid regrets and make rational investment decisions.
Deep dives
The stock market is a trick or treat roller coaster
The podcast discusses the unpredictable nature of the stock market, comparing it to a trick or treat roller coaster. It emphasizes how irrational behavior by individuals in response to market fluctuations can impact stock prices. The speaker encourages listeners to have a long-term investment plan and to be patient, rather than making emotional decisions based on short-term market movements. Dollar-cost averaging is highlighted as a strategic approach to investing. The speaker also mentions the influence of interest rates on the stock market and the correlation between rising interest rates and market declines, and vice versa.
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