Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Ask KT & Suze Anything: If You Don’t Like It, Don’t Do It.
Dec 12, 2024
Dive into a lively discussion on financial planning with insights on retirement strategies and the emotional aspects of annuities. The hosts tackle vital topics like the importance of emergency savings accounts and management of living trusts. They share humorous takes on home buying, debating whether to pay off property or go with a mortgage. Engaging anecdotes bring light to serious discussions, as they reflect on the significance of prioritizing people and values over material wealth. Plus, a playful banter keeps it entertaining!
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Trust Your Gut
- Trust your own financial instincts.
- If you are not positive about an investment, don't make it, regardless of advisor opinions.
Protect Your Assets
- Protect premarital assets with a prenuptial agreement.
- Keep separate property in your own name, especially valuable assets.
Vet Financial Advisors Carefully
- Be wary of advisors who recommend selling appreciated assets, especially in a volatile market.
- Consider the tax implications and potential income loss before making major investment changes.