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Suze Orman

๐Ÿ‘ค Speaker
1309 total appearances

Appearances Over Time

Podcast Appearances

Like truthfully, I live in fear of possibly losing KT before I go.

And I feel threatened by that because I love her so much.

And the body, I have to tell you, our stress response as we get older activates faster when we don't feel safe.

So when the markets do swing, your body, listen to me, actually reacts as if my survival is at risk.

That's why volatility feels physical to you.

That's why you feel sick to your stomach.

And that's why yelling at yourself to stay calm doesn't work.

Or if your spouse says, just stay calm.

Now I'm going to get to something that I found did work.

However, but that is why everyone, you should never make money decisions in fear.

So when you feel like you are afraid, when you feel like all of these emotions happening, you have to promise me you are not going to do anything.

So again, I'm going to say this as clearly as I can.

Fear-based decisions destroy wealth.

And I know it for a fact because I have watched you sell at the bottom, lock in losses, miss recoveries, and regret it for the rest of your lives.

Not because you were stupid, but because you were scared.

I'm now going to give you three of my rules that I want you to write down and do, especially when the markets become really volatile.

You are really afraid and you're afraid.