Menu
Sign In Pricing Add Podcast
Podcast Image

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Pop-Up: What Does This All Mean?

04 Apr 2025

Description

Suze offers her take on what’s happening with the economy as a result of the new tariffs and what steps we can take to protect our money, during these volatile times. Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Try your hand at Can I Afford It on Suze’s YouTube Channel Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI  See omnystudio.com/listener for privacy information.

Audio
Featured in this Episode
Transcription

Full Episode

0.229 - 27.838 Suze Orman

April 4th, 2025. Welcome everybody to one of the first Suzy pop-ups. A pop-up is where I really want you to know something right now. I don't want you to have to wait till a Thursday or Sunday. I want you to know right now. And given that I'm not in my studio, I'm Sunday, as you will hear, is not a normal Susie School, but one that's really, really important.

0

28.339 - 59.133 Suze Orman

But here's what I want you to know right now. Listen, I get it. I know many of you are afraid of what's happening in the economy and the stock market. And I cannot blame you. Please listen to me closely now. I have posted this also on the Women in Money community app. But I know that many of you don't use that app, which is why I am doing a Suzy pop-up just for you. So here's my take, everybody.

0

60.114 - 90.908 Suze Orman

We are looking, obviously, at another down day for the markets today. And you have to ask yourself why. Why are the markets continuing to go down? And truthfully, I'm sorry to say, the answer is very easy. Because number one, China has retaliated. They have put on retaliated tariffs, and that has gotten the investors on edge. Therefore, the markets are projected to go lower as a result.

0

91.629 - 110.34 Suze Orman

Now, I know that many of you, do you have your Suzy notebooks out? You should. Anyway, I know that many of you are dollar cost averaging. You're thinking, oh, the markets are going down. This is the time for me to buy. I'm going to get a bargain, whatever. Now, that's still okay. All right. But you have to hear me on this.

0

111.26 - 138.248 Suze Orman

If you are going to continue with that strategy right now, you are to do it with seriously tiny amounts. Have you ever heard the saying, don't catch a falling knife? This might be a falling knife, because we don't know how other countries are going to react. There's time to get in. It's not like if these markets start to go up again, that they're going to go all the way back up to the top.

138.548 - 169.575 Suze Orman

You have time. So this is not where I want you to be aggressive and go, I've gotten in at the bottom. So no bottom fishing here. Do you hear me? Because in my opinion, we're seeing signs, and to me, this feels a lot like 2022, where it's volatile, it's emotional, it's uncertain. So I want you to breathe. Markets obviously will eventually recover, but not all at once.

169.775 - 198.715 Suze Orman

It's impossible now because they have gone down too much, too fast, and they're down here. And if these tariffs stay in place, it's going to take a long, long time. So remember... Money you have in the market should have been money, as I've told you over and over again, is money that you did not need for at least five years. So just let this play out and stay calm.

199.555 - 228.086 Suze Orman

If you are contributing to a retirement account, especially an employer retirement account, I am begging you not to stop your monthly contributions. Just stay the course, especially if you have 5, 10, 15 years or longer. Keep investing steadily because consistency, I am promising you, is your power. It's your secret weapon. Let's talk about fear, which all of you are having right now.

228.886 - 262.562 Suze Orman

The VIX, remember me telling you about the VIX? It's a measure of market volatility. Well, it just surpassed 45. And that number means that it's the highest that it's been since the spike in August. When the VIX is this high, it means fear is absolutely overwhelming logic. It's And historically, when sentiment is this fearful, it is not the time to sell. So just stay put right now.

Comments

There are no comments yet.

Please log in to write the first comment.