1 00:00:32,140 --> 00:00:37,590 Suze: December 4, 2022. Welcome everybody to the Women and Money 2 00:00:37,590 --> 00:00:41,860 Suze: podcast and everybody smart enough to listen. 3 00:00:43,220 --> 00:00:47,880 Suze: December 4, do you know what that means? Come on, 4 00:00:47,880 --> 00:00:49,700 Suze: think about it. Do you know 5 00:00:50,250 --> 00:00:54,960 Suze: It means that tomorrow is December 5. 6 00:00:56,310 --> 00:01:01,160 Suze: And December 5 is my half birthday. It's also one 7 00:01:01,160 --> 00:01:06,160 Suze: of my best friends, Leslie Lynn's birthday and on December 8 00:01:06,160 --> 00:01:11,750 Suze: 5 I'm going to be 71 and a half years of age. 9 00:01:13,030 --> 00:01:15,539 Suze: I honestly don't know how to process that, 10 00:01:16,440 --> 00:01:21,089 Suze: but it's just is what it is, time is ticking away. 11 00:01:21,120 --> 00:01:26,310 Suze: So that's interesting. But some good news about that is 12 00:01:26,310 --> 00:01:27,509 Suze: the other day, 13 00:01:28,090 --> 00:01:31,910 Suze: I was taking a walk with KT and truthfully, I 14 00:01:31,910 --> 00:01:34,950 Suze: really haven't taken a walk in a long time. 15 00:01:35,470 --> 00:01:39,010 Suze: It's just hard for me to do. So physically speaking 16 00:01:39,010 --> 00:01:42,160 Suze: my arm and other things and I've been feeling better, 17 00:01:42,160 --> 00:01:45,110 Suze: don't you love that? I do. And so we took 18 00:01:45,110 --> 00:01:48,510 Suze: a walk and it was a great walk. And what 19 00:01:48,510 --> 00:01:51,500 Suze: was so interesting is as I was walking and I 20 00:01:51,500 --> 00:01:54,220 Suze: was feeling good, I also started to cry. 21 00:01:55,060 --> 00:01:58,110 Suze: And was it tears of joy or was it tears 22 00:01:58,120 --> 00:02:00,490 Suze: of oh my God, I'm starting to be able to 23 00:02:00,490 --> 00:02:04,860 Suze: really live my life again and do everything that I 24 00:02:04,870 --> 00:02:07,440 Suze: enjoy that. I really haven't been able to do in 25 00:02:07,450 --> 00:02:10,859 Suze: over 2 and a half years now for those of you who don't 26 00:02:10,860 --> 00:02:14,430 Suze: know I had a surgery, blah, blah, blah blah and 27 00:02:14,430 --> 00:02:16,770 Suze: I'm still suffering from the ramifications of it. 28 00:02:17,310 --> 00:02:20,030 Suze: And I was then sitting on the beach with KT. 29 00:02:20,030 --> 00:02:23,370 Suze: I said to her, let's go down to the sand. 30 00:02:24,090 --> 00:02:26,380 Suze: I haven't walked on sand 31 00:02:26,970 --> 00:02:30,060 Suze: in all that time and I was walking on the 32 00:02:30,060 --> 00:02:32,120 Suze: sand and KT said do you want me to hold 33 00:02:32,120 --> 00:02:34,470 Suze: you and help you? I said no, I can do it. 34 00:02:34,500 --> 00:02:37,670 Suze: And then we sat down and we started to talk 35 00:02:37,680 --> 00:02:40,900 Suze: and I said KT, I need to be like I 36 00:02:40,900 --> 00:02:45,109 Suze: always was, let's go in March and let's take a trip, 37 00:02:45,110 --> 00:02:47,940 Suze: let's go to Japan. We've always wanted to go to Japan, 38 00:02:47,950 --> 00:02:50,549 Suze: let's just do it, KT 39 00:02:51,360 --> 00:02:54,860 Suze: And so last night KT booked it and we're going 40 00:02:54,860 --> 00:02:55,560 Suze: to do it 41 00:02:56,460 --> 00:03:00,000 Suze: and I just wanted to share that with all of you. 42 00:03:00,990 --> 00:03:05,000 Suze: I don't know why, but I did because it's not 43 00:03:05,000 --> 00:03:07,530 Suze: just about money and it's not just about what should 44 00:03:07,530 --> 00:03:11,959 Suze: you do and being hardcore that way. It's also me 45 00:03:11,960 --> 00:03:15,799 Suze: wanting all of you to know that I really do 46 00:03:15,800 --> 00:03:18,470 Suze: go through a whole lot of things that all of 47 00:03:18,470 --> 00:03:19,710 Suze: you go through. 48 00:03:20,510 --> 00:03:24,850 Suze: KT as a caregiver for the past 2 and a half years 49 00:03:25,810 --> 00:03:31,450 Suze: also goes through what a lot of you have gone 50 00:03:31,450 --> 00:03:36,420 Suze: through in your relationships as well. So to that end, 51 00:03:36,420 --> 00:03:39,730 Suze: I just want to say on December 8 52 00:03:40,370 --> 00:03:42,880 Suze: at 1 o'clock East coast time, 53 00:03:43,400 --> 00:03:48,050 Suze: there is going to be a free webinar on care 54 00:03:48,050 --> 00:03:51,750 Suze: giving and it's just something that I think all of 55 00:03:51,750 --> 00:03:56,070 Suze: you should watch or listen to if in fact you're 56 00:03:56,070 --> 00:03:59,110 Suze: in that situation. The link is on the Women and 57 00:03:59,110 --> 00:04:02,330 Suze: Money app and all of you should be downloading that 58 00:04:02,340 --> 00:04:05,320 Suze: app and you can get it at Apple apps or 59 00:04:05,320 --> 00:04:10,190 Suze: Google play just search women and money. It's something 60 00:04:10,630 --> 00:04:14,210 Suze: this webinar that I think a lot of you might 61 00:04:14,220 --> 00:04:19,679 Suze: really find helpful. Okay now. 62 00:04:20,300 --> 00:04:22,940 Suze: So there were so many things today that I really 63 00:04:22,940 --> 00:04:25,419 Suze: wanted to talk to you about. Obviously what I just 64 00:04:25,420 --> 00:04:28,040 Suze: talked to you about wasn't planned on any level. 65 00:04:28,600 --> 00:04:29,140 Suze: But, 66 00:04:29,690 --> 00:04:33,360 Suze: I want to talk to you really about the market 67 00:04:33,370 --> 00:04:38,470 Suze: and Treasuries again. Now don't just sit there and think Suze, 68 00:04:38,480 --> 00:04:41,540 Suze: you have talked about Treasuries for so long. Are you 69 00:04:41,540 --> 00:04:45,130 Suze: kidding me? I'm not kidding you. Maybe there's something that 70 00:04:45,130 --> 00:04:47,430 Suze: you need to learn even if you think you know 71 00:04:47,430 --> 00:04:50,020 Suze: everything possible about them. 72 00:04:50,540 --> 00:04:55,720 Suze: Maybe you'll learn something new if you listen right now. 73 00:04:56,180 --> 00:04:58,239 Suze: But a few weeks ago 74 00:04:59,029 --> 00:05:03,450 Suze: I gave a Suze School on an indicator known as 75 00:05:03,450 --> 00:05:08,030 Suze: the VIX. Symbol V. I. X. and you can go 76 00:05:08,029 --> 00:05:10,870 Suze: on and look up the quote for the VIX on 77 00:05:10,880 --> 00:05:14,989 Suze: any place that you get your stock market quotes. And 78 00:05:15,000 --> 00:05:18,170 Suze: if you don't know what the VIX is. You haven't 79 00:05:18,170 --> 00:05:21,170 Suze: listened to that podcast or maybe this is the first 80 00:05:21,170 --> 00:05:24,029 Suze: time that you're listening. If so welcome, you are going 81 00:05:24,029 --> 00:05:26,120 Suze: to be so happy that you are here. 82 00:05:26,270 --> 00:05:29,740 Suze: What you need to know is, it is a volatility 83 00:05:29,750 --> 00:05:36,320 Suze: index when it goes below essentially 22, it indicates that 84 00:05:36,320 --> 00:05:40,940 Suze: the market, the Standard and Poor's 500 index could very 85 00:05:40,940 --> 00:05:44,330 Suze: probably start to go down 86 00:05:45,070 --> 00:05:48,989 Suze: When it's in its mid or high thirties and it 87 00:05:48,990 --> 00:05:52,100 Suze: can go really high everybody. Like I think it was 88 00:05:52,100 --> 00:05:54,980 Suze: back in 2008, it went up to like 80 something. 89 00:05:54,980 --> 00:05:58,409 Suze: But anyway, normally when it goes up into the mid 90 00:05:58,410 --> 00:06:02,779 Suze: or high thirties, that's an indication that the market could 91 00:06:02,779 --> 00:06:07,440 Suze: very probably start to go up. Okay, 92 00:06:08,050 --> 00:06:11,710 Suze: so now with my favorite saying I want you to 93 00:06:11,710 --> 00:06:15,479 Suze: put a pin in that somebody wrote in and said Suze, 94 00:06:15,480 --> 00:06:18,160 Suze: that's from, from, I think it was Beyonce that has 95 00:06:18,160 --> 00:06:20,200 Suze: a song that says put a ring on it, KT 96 00:06:20,200 --> 00:06:22,500 Suze: and I were trying to sing for you but we 97 00:06:22,500 --> 00:06:25,640 Suze: couldn't remember what the song was. So thank you. Whoever 98 00:06:25,650 --> 00:06:27,750 Suze: did that. Okay. 99 00:06:28,640 --> 00:06:33,170 Suze: I also did a Suze School where I mentioned a 100 00:06:33,170 --> 00:06:42,650 Suze: topic called support and resistance levels. A support level is simple, 101 00:06:42,660 --> 00:06:46,669 Suze: let's say you buy a stock at 50 102 00:06:47,950 --> 00:06:50,510 Suze: and it trades, it goes up and down and up 103 00:06:50,520 --> 00:06:54,760 Suze: and down. But it has a support level. And what 104 00:06:54,760 --> 00:06:59,260 Suze: that support level means is that when the stock goes 105 00:06:59,260 --> 00:07:03,390 Suze: down and it hits that support level and that let's 106 00:07:03,390 --> 00:07:07,099 Suze: say maybe it's $40 a share when it hits that 107 00:07:07,100 --> 00:07:12,490 Suze: support level. Usually it will bounce off that support level 108 00:07:12,500 --> 00:07:14,760 Suze: and go back up. 109 00:07:15,410 --> 00:07:19,060 Suze: It's kind of like you standing on a ladder 110 00:07:19,940 --> 00:07:22,230 Suze: and you fall off that ladder 111 00:07:23,040 --> 00:07:25,380 Suze: and you hit the ground, 112 00:07:26,180 --> 00:07:29,570 Suze: you don't get hurt, everything's okay, don't worry about it. 113 00:07:29,580 --> 00:07:35,130 Suze: But you hit the ground, the ground is your support level. 114 00:07:35,960 --> 00:07:39,800 Suze: Now just like with you, if you go through that 115 00:07:39,800 --> 00:07:44,510 Suze: support level, so if the stock goes through $40 a 116 00:07:44,510 --> 00:07:49,260 Suze: share down to let's just say 35 or so it 117 00:07:49,260 --> 00:07:52,890 Suze: just goes down, it breaks the support level and it 118 00:07:52,890 --> 00:07:57,900 Suze: closes below that support level for approximately two weeks. 119 00:07:58,400 --> 00:08:04,320 Suze: That usually indicates that stock is in trouble. If you 120 00:08:04,330 --> 00:08:08,680 Suze: break the support level of the ground, that just shows 121 00:08:08,680 --> 00:08:12,400 Suze: you how hard you fell and you then also will 122 00:08:12,400 --> 00:08:19,470 Suze: be in trouble. Resistance is when a stock is going up. 123 00:08:19,480 --> 00:08:23,430 Suze: So the stock you bought at 50 is now going 124 00:08:23,430 --> 00:08:26,120 Suze: to let's just say 60 or 70. 125 00:08:26,850 --> 00:08:31,910 Suze: And 70 is its resistance level. Which means that it's 126 00:08:31,910 --> 00:08:36,170 Suze: having a hard time breaking through that level. That every 127 00:08:36,170 --> 00:08:40,770 Suze: time it gets up to 70 it doesn't really go higher, 128 00:08:40,780 --> 00:08:43,660 Suze: it hits that level and it starts to either stay 129 00:08:43,660 --> 00:08:47,030 Suze: there or go back down. Let me put you back 130 00:08:47,040 --> 00:08:51,600 Suze: on the ladder for a second which is you have 131 00:08:51,600 --> 00:08:52,950 Suze: a tall ladder 132 00:08:53,679 --> 00:08:58,360 Suze: and you are climbing the ladder. If you were to 133 00:08:58,360 --> 00:09:00,000 Suze: hit the ceiling. 134 00:09:00,800 --> 00:09:04,730 Suze: Okay? If you were to hit the ceiling, that would 135 00:09:04,730 --> 00:09:07,990 Suze: be your resistance level. It would be very difficult for 136 00:09:07,990 --> 00:09:12,120 Suze: you to go through the ceiling unless there was a 137 00:09:12,120 --> 00:09:15,830 Suze: hole in the ceiling or you were strong enough to 138 00:09:15,830 --> 00:09:19,430 Suze: go through that ceiling and then you could go up 139 00:09:19,440 --> 00:09:20,059 Suze: and up. 140 00:09:20,710 --> 00:09:24,660 Suze: Same thing with the stock. If the stock goes through 141 00:09:24,809 --> 00:09:30,010 Suze: its resistance level, that's a fabulous sign. And if it 142 00:09:30,010 --> 00:09:35,089 Suze: closes for about two weeks above that resistance level, that's 143 00:09:35,090 --> 00:09:39,209 Suze: an indication that it is very possible that the stock 144 00:09:39,210 --> 00:09:40,780 Suze: could continue up. 145 00:09:41,520 --> 00:09:45,920 Suze: So those are two little lessons for you, the VIX 146 00:09:45,929 --> 00:09:51,800 Suze: and support and resistance levels. Now, let's put those two 147 00:09:51,800 --> 00:09:54,920 Suze: little lessons to work here. 148 00:09:55,740 --> 00:10:03,270 Suze: Last Friday, the VIX closed at 1906. 149 00:10:04,580 --> 00:10:08,260 Suze: Below 22, below 20. 150 00:10:09,000 --> 00:10:14,220 Suze: And when the VIX is under 20, that is a 151 00:10:14,220 --> 00:10:15,660 Suze: warning sign 152 00:10:16,610 --> 00:10:21,089 Suze: That it is very probable that the stock market, the 153 00:10:21,090 --> 00:10:25,720 Suze: Standard and Poor's 500 index will start to go down. 154 00:10:25,720 --> 00:10:28,069 Suze: You couple that with 155 00:10:28,910 --> 00:10:35,100 Suze: That the Standard and Poor's on Friday closed at 4,071. 156 00:10:35,660 --> 00:10:41,960 Suze: Its resistance level is currently 4150. 157 00:10:42,700 --> 00:10:47,620 Suze: So what this says when you combine the VIX and 158 00:10:47,630 --> 00:10:52,210 Suze: the Standard and Poor's resistance level, it is that it 159 00:10:52,210 --> 00:10:57,849 Suze: is probable that the Standard and Poor's could stall out 160 00:10:57,850 --> 00:11:04,000 Suze: here or possibly sooner than later, Start to go down. 161 00:11:05,070 --> 00:11:11,030 Suze: Got that everybody? Remember for the support and resistance levels 162 00:11:11,040 --> 00:11:12,680 Suze: to really matter. 163 00:11:14,010 --> 00:11:18,540 Suze: It has to close above those levels or below those 164 00:11:18,540 --> 00:11:22,260 Suze: levels for approximately two weeks. 165 00:11:22,980 --> 00:11:27,420 Suze: Now, a little while ago, I also told you that 166 00:11:27,420 --> 00:11:30,230 Suze: I thought that this market had a little bit of 167 00:11:30,230 --> 00:11:32,860 Suze: a ways to run. That it could go up and 168 00:11:32,860 --> 00:11:37,610 Suze: up up and down and everything, but I still believe 169 00:11:37,890 --> 00:11:39,990 Suze: that it maybe could go up a little bit here, 170 00:11:39,990 --> 00:11:43,360 Suze: who knows? And really what's going to happen with, it 171 00:11:43,370 --> 00:11:46,520 Suze: has a whole lot to do what the Feds do 172 00:11:46,990 --> 00:11:50,300 Suze: in December with the Fed Funds rate. 173 00:11:51,020 --> 00:11:54,020 Suze: But regardless of all of that, 174 00:11:55,260 --> 00:11:58,109 Suze: whether the markets go up a little bit more here 175 00:11:58,110 --> 00:12:01,620 Suze: or whatever, I still firmly believe 176 00:12:02,420 --> 00:12:06,280 Suze: that sometime next year we will go into recession. 177 00:12:07,130 --> 00:12:11,610 Suze: I also firmly believe that probably at the beginning of 178 00:12:11,610 --> 00:12:15,620 Suze: January or even sometime in December that the markets could 179 00:12:15,630 --> 00:12:21,490 Suze: absolutely start to go down. Now, one may say Suze, 180 00:12:21,490 --> 00:12:23,150 Suze: why do you think that 181 00:12:24,170 --> 00:12:27,920 Suze: The economy is doing so well? Didn't you just see, 182 00:12:27,920 --> 00:12:32,059 Suze: even Colo said to me the other day, Suze, did 183 00:12:32,059 --> 00:12:37,850 Suze: you see that on Friday - Cyber Friday $9 billion was 184 00:12:37,850 --> 00:12:42,760 Suze: spent on, on Monday, $11 billion was spent. It seems 185 00:12:42,760 --> 00:12:45,820 Suze: to me Suze, people have a whole lot of money 186 00:12:45,820 --> 00:12:46,809 Suze: to spend. 187 00:12:48,670 --> 00:12:50,990 Suze: That's the problem, everybody, 188 00:12:52,240 --> 00:12:56,120 Suze: As long as all of you continue to spend money 189 00:12:56,130 --> 00:12:57,960 Suze: the way that you are spending it. 190 00:12:59,679 --> 00:13:04,940 Suze: As long as you continue to take trips, like me 191 00:13:04,940 --> 00:13:08,240 Suze: going to Japan. But that's another story right? Or eating 192 00:13:08,240 --> 00:13:11,530 Suze: out at restaurants or staying at hotels or whatever it 193 00:13:11,530 --> 00:13:12,400 Suze: may be. 194 00:13:13,320 --> 00:13:18,720 Suze: You are spending and spending and that makes our economy 195 00:13:18,730 --> 00:13:20,860 Suze: look like it is strong. 196 00:13:21,600 --> 00:13:24,360 Suze: But I have a problem with that and I have 197 00:13:24,360 --> 00:13:28,140 Suze: a problem with that because the savings rate in the 198 00:13:28,140 --> 00:13:30,120 Suze: United States of America 199 00:13:30,670 --> 00:13:35,689 Suze: is only at about 2% right now, two years ago 200 00:13:35,690 --> 00:13:41,170 Suze: it was at 30% little by little. All of you 201 00:13:41,740 --> 00:13:44,570 Suze: are using up your cash 202 00:13:45,200 --> 00:13:48,620 Suze: and you're not saving anymore, you're taking it from your 203 00:13:48,620 --> 00:13:51,459 Suze: savings accounts or wherever you're taking it from. 204 00:13:52,150 --> 00:13:56,910 Suze: And credit cards are starting to be used and accumulated. 205 00:13:57,690 --> 00:14:00,920 Suze: And even though there aren't defaults on credit cards right 206 00:14:00,920 --> 00:14:03,770 Suze: now to the tune of what it used to be, 207 00:14:03,780 --> 00:14:05,820 Suze: you know in 2008, 208 00:14:06,880 --> 00:14:11,910 Suze: I still believe it is coming. Also when you look 209 00:14:11,920 --> 00:14:16,830 Suze: at inflation, whether inflation comes down or not, 210 00:14:17,440 --> 00:14:21,320 Suze: I still think we have a problem when it comes 211 00:14:21,320 --> 00:14:22,420 Suze: to real estate 212 00:14:23,340 --> 00:14:29,730 Suze: because even though inflation is starting to come down supposedly 213 00:14:30,390 --> 00:14:34,560 Suze: your rents are coming down but there may be coming 214 00:14:34,560 --> 00:14:40,490 Suze: down so little that really it's still up dramatically from 215 00:14:40,490 --> 00:14:43,700 Suze: where it was two years ago. 216 00:14:44,770 --> 00:14:50,120 Suze: That concerns me, that many of you can't afford to 217 00:14:50,120 --> 00:14:50,850 Suze: rent 218 00:14:51,630 --> 00:14:54,870 Suze: or you can't afford to rent a decent place in 219 00:14:54,870 --> 00:14:58,229 Suze: a good neighborhood. So you don't have to be afraid. 220 00:14:58,990 --> 00:15:06,000 Suze: And still real estate has out priced most everybody today 221 00:15:06,010 --> 00:15:10,000 Suze: unless you're making well over $100,000 a year of income. 222 00:15:10,740 --> 00:15:15,110 Suze: And even if interest rates do come down even more 223 00:15:15,110 --> 00:15:16,680 Suze: to buy a home, 224 00:15:17,660 --> 00:15:21,900 Suze: it is still not affordable in my opinion. So we 225 00:15:21,900 --> 00:15:27,260 Suze: still have that problem. We also have the problem that 226 00:15:27,260 --> 00:15:33,250 Suze: we're starting to see corporations now lay off people, you know, 227 00:15:33,250 --> 00:15:36,220 Suze: one of my biggest heartbreaks was my very good friend 228 00:15:36,220 --> 00:15:38,480 Suze: is Robin Meade on HLN. 229 00:15:39,170 --> 00:15:42,810 Suze: I think Robin is one of the greatest talents. Have 230 00:15:42,810 --> 00:15:46,510 Suze: you ever watched her? My God, I'll post a picture 231 00:15:46,520 --> 00:15:48,980 Suze: of the two of us. So you know who she is. 232 00:15:48,990 --> 00:15:51,920 Suze: One of the greatest talents out there 233 00:15:52,660 --> 00:15:58,620 Suze: and her show and HLN really... it's gone now. 234 00:15:59,330 --> 00:16:04,260 Suze: So, so many people seem like they're starting to be 235 00:16:04,270 --> 00:16:05,570 Suze: laid off 236 00:16:06,210 --> 00:16:10,880 Suze: Energy and oil still concerns me. So there's still so 237 00:16:10,880 --> 00:16:15,180 Suze: many things out there that I don't like and I 238 00:16:15,180 --> 00:16:19,240 Suze: don't think wherever really going to go back to how 239 00:16:19,240 --> 00:16:23,430 Suze: it was before the pandemic. I just think certain things 240 00:16:23,440 --> 00:16:27,370 Suze: in the United States have changed. Now, I get that 241 00:16:27,370 --> 00:16:30,840 Suze: the price of chicken has gone down dramatically over the 242 00:16:30,840 --> 00:16:31,770 Suze: past year. 243 00:16:32,060 --> 00:16:35,650 Suze: I get that the price of a gallon of gasoline 244 00:16:35,660 --> 00:16:39,530 Suze: is back to where it was during the pandemic. I 245 00:16:39,540 --> 00:16:43,520 Suze: get that the unemployment rate is low and that is 246 00:16:43,520 --> 00:16:47,520 Suze: the problem because the Feds are going to continue to 247 00:16:47,520 --> 00:16:49,390 Suze: raise the Fed funds rate. 248 00:16:49,610 --> 00:16:52,510 Suze: Whether they raise it at 75 basis points at a 249 00:16:52,510 --> 00:16:55,780 Suze: time or 50 basis points at a time or 25 250 00:16:55,780 --> 00:16:59,000 Suze: basis points at a time they're going to continue to 251 00:16:59,000 --> 00:17:04,379 Suze: raise it until the unemployment rate does what? Starts to 252 00:17:04,390 --> 00:17:05,810 Suze: go up. 253 00:17:06,160 --> 00:17:09,100 Suze: But why would the unemployment rate start to go up, 254 00:17:09,109 --> 00:17:12,379 Suze: when all of you are still going out and using 255 00:17:12,380 --> 00:17:18,100 Suze: services such as hotels, airplanes, restaurants and things like that 256 00:17:18,109 --> 00:17:21,449 Suze: so that they need to hire more and more people 257 00:17:21,460 --> 00:17:25,510 Suze: to service all of you. I just think that things 258 00:17:25,520 --> 00:17:30,790 Suze: are still very unsettled. I still don't like what's happening 259 00:17:30,790 --> 00:17:34,609 Suze: in china and our relationship with them. I don't think 260 00:17:34,609 --> 00:17:35,070 Suze: it's 261 00:17:35,430 --> 00:17:37,710 Suze: a good thing that we're fighting with them. 262 00:17:38,240 --> 00:17:41,960 Suze: I still don't like what's happening with Ukraine and Russia 263 00:17:42,640 --> 00:17:47,060 Suze: And energy and I'm still waiting to see what happens 264 00:17:47,140 --> 00:17:50,080 Suze: in the next few months with winter. 265 00:17:50,750 --> 00:17:55,740 Suze: So I would still be playing it very, very safe 266 00:17:55,750 --> 00:18:02,230 Suze: if I were you just saying. For me, you always 267 00:18:02,230 --> 00:18:06,450 Suze: want to know what am I doing? I liquidated a 268 00:18:06,450 --> 00:18:11,100 Suze: little bit ago when the market was up dramatically, another 269 00:18:11,100 --> 00:18:14,359 Suze: serious some of stock. 270 00:18:15,130 --> 00:18:16,810 Suze: And while it's true, 271 00:18:17,570 --> 00:18:21,820 Suze: I'm gonna win to owe a huge tax bill on 272 00:18:21,820 --> 00:18:22,490 Suze: that 273 00:18:23,109 --> 00:18:26,770 Suze: Even paying capital gains tax rates for me, 274 00:18:28,070 --> 00:18:30,690 Suze: I still made a lot of money. 275 00:18:31,320 --> 00:18:35,290 Suze: And what am I doing with the money that I 276 00:18:35,290 --> 00:18:39,150 Suze: have been liquidating? Well, you know, the answer to that, 277 00:18:39,160 --> 00:18:45,950 Suze: I'm putting it in to short term Treasuries. Now when 278 00:18:45,950 --> 00:18:50,510 Suze: I say short term, I literally mean three months to 279 00:18:50,510 --> 00:18:54,169 Suze: six months. I am not going out at this particular 280 00:18:54,170 --> 00:18:57,780 Suze: point in time further than that. I want you to 281 00:18:57,780 --> 00:18:59,369 Suze: keep in mind however, 282 00:18:59,830 --> 00:19:03,320 Suze: I still have a considerable sum of money invested in 283 00:19:03,320 --> 00:19:06,730 Suze: the stock market. I did not take all of it out. 284 00:19:07,330 --> 00:19:10,760 Suze: So I am looking to keep this money safe and 285 00:19:10,760 --> 00:19:14,710 Suze: sound until I think it's time for me to go 286 00:19:14,710 --> 00:19:19,180 Suze: back into the stock market. So I want it to 287 00:19:19,180 --> 00:19:23,689 Suze: be pretty liquid for me. So if that's your situation 288 00:19:23,700 --> 00:19:28,490 Suze: or maybe you just want to be safe and sound 289 00:19:28,590 --> 00:19:31,360 Suze: with a particular sum of money, 290 00:19:32,020 --> 00:19:36,990 Suze: then that brings us to my next Suzy School. 291 00:19:37,580 --> 00:19:41,040 Suze: Because I think it's important to understand, 292 00:19:42,070 --> 00:19:46,360 Suze: do you put all of your safe money into Treasury bills, 293 00:19:46,369 --> 00:19:49,970 Suze: bonds or notes? Or do you put all of your 294 00:19:49,970 --> 00:19:55,920 Suze: safe money into certificates of deposits? Or do you do 295 00:19:55,920 --> 00:19:58,450 Suze: a combination of both? 296 00:19:59,320 --> 00:20:04,189 Suze: I also believe, just so you know, that even though 297 00:20:04,200 --> 00:20:10,650 Suze: interest rates, long term interest rates in particular, have come down, 298 00:20:10,660 --> 00:20:14,140 Suze: I think next year they will turn around and go 299 00:20:14,140 --> 00:20:18,780 Suze: back up and again, I don't think it's impossible to 300 00:20:18,780 --> 00:20:23,380 Suze: see long term rates - meaning 20 years, 30 years, whatever 301 00:20:23,380 --> 00:20:28,090 Suze: it may be up at about 5 - 5.5%. 302 00:20:28,760 --> 00:20:31,320 Suze: Now, I want to show you, get out your little 303 00:20:31,320 --> 00:20:33,910 Suze: Suze notebooks, everybody. Are they out 304 00:20:34,500 --> 00:20:39,470 Suze: You sure? Okay. I want to simply start with showing 305 00:20:39,470 --> 00:20:40,200 Suze: you 306 00:20:41,310 --> 00:20:48,359 Suze: what's happened with Treasury rates as we speak right now. 307 00:20:48,970 --> 00:20:53,570 Suze: I also want you to just see what's happened to 308 00:20:53,570 --> 00:20:59,890 Suze: short term Treasury interest rates in the past month 309 00:21:00,490 --> 00:21:05,610 Suze: And why I have wanted you to only do short 310 00:21:05,619 --> 00:21:08,260 Suze: term Treasury ladders 311 00:21:08,940 --> 00:21:10,520 Suze: Now again, if you're new, 312 00:21:11,369 --> 00:21:14,320 Suze: you have to know what a Treasury note is a 313 00:21:14,320 --> 00:21:19,010 Suze: bill or a bond and that's simply a instrument that 314 00:21:19,010 --> 00:21:22,020 Suze: pays you an interest rate that's issued by the United 315 00:21:22,020 --> 00:21:26,580 Suze: States government, a bill can go anywhere from a few weeks. 316 00:21:26,580 --> 00:21:30,459 Suze: All the way to one year a Note is usually 317 00:21:30,460 --> 00:21:33,410 Suze: two years, all the way out to 10 years and 318 00:21:33,410 --> 00:21:37,080 Suze: a bond is 20 to 30 years. Those are the 319 00:21:37,080 --> 00:21:40,260 Suze: maturity dates. So 320 00:21:40,440 --> 00:21:45,880 Suze: I want you to write down that as of a 321 00:21:45,880 --> 00:21:50,879 Suze: month ago in October - right around October 28th when I 322 00:21:50,880 --> 00:21:54,180 Suze: started to really get into this with all of you. 323 00:21:54,190 --> 00:21:57,570 Suze: A three month Treasury 324 00:21:58,340 --> 00:22:04,790 Suze: Was paying you 4.087%, write it down. 325 00:22:06,020 --> 00:22:15,879 Suze: A six Month Treasury was paying you 4.515%, write it down. 326 00:22:16,570 --> 00:22:18,460 Suze: A one year treasury 327 00:22:19,119 --> 00:22:27,430 Suze: was paying you 4.562%, and a two year Treasury was 328 00:22:27,430 --> 00:22:31,270 Suze: paying you 4.414%. 329 00:22:32,010 --> 00:22:35,609 Suze: And just so you know, a ten-year treasury was paying 330 00:22:35,609 --> 00:22:41,480 Suze: you 4.01%. And remember me telling you, I didn't want 331 00:22:41,490 --> 00:22:46,010 Suze: you to really go out further than two years. 332 00:22:46,810 --> 00:22:49,840 Suze: And here is the reason why now. 333 00:22:50,570 --> 00:22:53,129 Suze: Right as I'm talking to you 334 00:22:54,020 --> 00:22:56,379 Suze: A 3, 1 month later. 335 00:22:57,080 --> 00:22:59,850 Suze: Write these down like you should do a little column 336 00:22:59,859 --> 00:23:02,919 Suze: and then write these right next to it. A three 337 00:23:02,920 --> 00:23:08,389 Suze: month Treasury is paying you 4.315%. 338 00:23:09,650 --> 00:23:13,580 Suze: That's quite a bit higher than just a month ago. 339 00:23:13,890 --> 00:23:22,330 Suze: A six month Treasury is 4.666%. A one year Treasury 340 00:23:22,910 --> 00:23:29,090 Suze: is 4.687%. Now, those three maturities 341 00:23:30,720 --> 00:23:37,889 Suze: are higher today than they were one month ago. Got that? 342 00:23:38,680 --> 00:23:47,300 Suze: Now, a two year treasury today you would only get 4.284%, 343 00:23:47,310 --> 00:23:49,169 Suze: which is less 344 00:23:50,170 --> 00:23:54,290 Suze: by a lot, because on October 28 you would have 345 00:23:54,290 --> 00:23:57,480 Suze: gotten 4.414%. 346 00:23:59,150 --> 00:24:05,410 Suze: Today, a 10 year treasury is 3.492% 347 00:24:05,930 --> 00:24:13,210 Suze: A month ago, it was a half a percent higher at 4.01%. 348 00:24:14,340 --> 00:24:19,970 Suze: So do you see what's happening here? Shorter term Treasuries 349 00:24:20,990 --> 00:24:24,620 Suze: are going up in comparison to what they were a 350 00:24:24,619 --> 00:24:32,550 Suze: month ago. Longer term Treasuries are going down in comparison 351 00:24:32,560 --> 00:24:34,150 Suze: to what they were 352 00:24:34,940 --> 00:24:36,439 Suze: a month ago. 353 00:24:37,050 --> 00:24:42,720 Suze: So if you are going to do a Treasury ladder now, 354 00:24:43,290 --> 00:24:47,860 Suze: I do not want you going out further than one year. 355 00:24:47,869 --> 00:24:52,780 Suze: If you are going to do it with Treasury's got 356 00:24:52,780 --> 00:24:53,720 Suze: that everybody? 357 00:24:54,480 --> 00:24:55,380 Suze: Now 358 00:24:56,210 --> 00:24:59,770 Suze: the question becomes, many of you write me and you 359 00:24:59,770 --> 00:25:04,609 Suze: say Suze, I want to do a five year ladder. 360 00:25:05,260 --> 00:25:08,449 Suze: I want to buy a one year Treasury or a 361 00:25:08,460 --> 00:25:11,450 Suze: two year or a three year or four year or 362 00:25:11,450 --> 00:25:14,100 Suze: five year. And I don't want to think about it 363 00:25:14,650 --> 00:25:18,459 Suze: And every year when that instrument comes due, I'll just 364 00:25:18,460 --> 00:25:19,710 Suze: buy another one. 365 00:25:20,450 --> 00:25:23,960 Suze: So you're wondering now, what should you do? 366 00:25:24,910 --> 00:25:28,820 Suze: So here's what I want you to think about. It 367 00:25:28,820 --> 00:25:34,159 Suze: is very possible that maybe you are in a situation 368 00:25:34,170 --> 00:25:41,150 Suze: where buying short term Treasuries a year or under make 369 00:25:41,160 --> 00:25:45,450 Suze: far more sense than anything else. But maybe you should 370 00:25:45,450 --> 00:25:48,970 Suze: start to look at certificates of deposits 371 00:25:49,590 --> 00:25:53,280 Suze: when you want to buy maybe a three year or 372 00:25:53,280 --> 00:25:55,530 Suze: a four year or a five year 373 00:25:56,250 --> 00:25:59,320 Suze: because currently, and I'm just gonna quote you, what's at 374 00:25:59,320 --> 00:26:03,980 Suze: Alliant Credit Union? Because so many of you have your 375 00:26:03,980 --> 00:26:08,740 Suze: money at Alliant Credit Union. So I just want you 376 00:26:08,750 --> 00:26:10,520 Suze: to do a comparison. 377 00:26:11,050 --> 00:26:14,820 Suze: So what you need to understand is that if you 378 00:26:14,820 --> 00:26:19,330 Suze: wanted to buy, let's just say a three year Treasury, 379 00:26:21,280 --> 00:26:24,600 Suze: the interest rate on a three year treasury right now 380 00:26:24,609 --> 00:26:27,670 Suze: would be 3.997%. 381 00:26:28,760 --> 00:26:35,650 Suze: A three year certificate of deposit would be 4.50%, right 382 00:26:35,650 --> 00:26:37,570 Suze: now at Alliant Credit Union. 383 00:26:38,190 --> 00:26:41,340 Suze: For those of you who wanted to do a 1,2,3,4,5 384 00:26:41,340 --> 00:26:47,480 Suze: year type thing. Treasuries don't offer a four year Treasury note. 385 00:26:48,140 --> 00:26:52,050 Suze: So, a four year certificate of deposit at Alliant Credit 386 00:26:52,050 --> 00:26:55,540 Suze: Union is paying 4.25%. 387 00:26:56,170 --> 00:27:01,680 Suze: A five year treasury is paying 3.659%, 388 00:27:03,380 --> 00:27:10,550 Suze: and a five year certificate of deposit is paying 4.25%. 389 00:27:11,430 --> 00:27:14,850 Suze: So, if you want to do a five year ladder, 390 00:27:15,800 --> 00:27:19,659 Suze: maybe you do a combination of all of them. Am 391 00:27:19,660 --> 00:27:21,240 Suze: I making sense 392 00:27:21,850 --> 00:27:23,780 Suze: And now you're going to listen to that and you're 393 00:27:23,780 --> 00:27:28,580 Suze: gonna say that makes sense. But it only makes sense 394 00:27:28,590 --> 00:27:32,160 Suze: if and I want you now to listen closely to me. 395 00:27:33,070 --> 00:27:34,870 Suze: If you have money 396 00:27:35,570 --> 00:27:38,340 Suze: that is in a retirement account 397 00:27:39,780 --> 00:27:44,490 Suze: then it doesn't matter really if you're buying a Treasury 398 00:27:44,500 --> 00:27:47,490 Suze: or a certificate a deposit 399 00:27:48,010 --> 00:27:51,300 Suze: because you're not paying income tax on it. 400 00:27:52,210 --> 00:27:56,850 Suze: If you live in a state where it's a tax 401 00:27:56,850 --> 00:27:58,600 Suze: free income state 402 00:27:59,490 --> 00:28:05,830 Suze: then there's really no difference tax wise between a Treasury 403 00:28:06,440 --> 00:28:11,810 Suze: and a certificate of deposit, because remember in a Treasury Bill, 404 00:28:11,810 --> 00:28:16,460 Suze: Bond or Note you do not pay any state income taxes 405 00:28:16,460 --> 00:28:16,970 Suze: on it. 406 00:28:17,500 --> 00:28:21,179 Suze: So if you live in a state like California in 407 00:28:21,180 --> 00:28:26,470 Suze: New York you pay state and local income taxes it 408 00:28:26,470 --> 00:28:30,230 Suze: could be a 13 - 18% difference. 409 00:28:30,920 --> 00:28:35,050 Suze: So even if you were getting a higher interest rate 410 00:28:35,060 --> 00:28:40,190 Suze: in a certificate, a deposit outside of a retirement account 411 00:28:41,430 --> 00:28:45,450 Suze: and you paid a state and local income tax on 412 00:28:45,450 --> 00:28:46,080 Suze: that 413 00:28:46,800 --> 00:28:51,020 Suze: then you would be better off probably in a Treasury 414 00:28:51,030 --> 00:28:55,300 Suze: whose interest rate was near what the certificate of deposit 415 00:28:55,300 --> 00:28:59,270 Suze: happens to be than a C. D. Did that make 416 00:28:59,270 --> 00:29:00,740 Suze: sense to all of you? 417 00:29:01,550 --> 00:29:06,489 Suze: If however you are in a low income tax bracket, 418 00:29:06,540 --> 00:29:10,580 Suze: you really hardly pay any income tax at all. Or 419 00:29:10,580 --> 00:29:13,970 Suze: again you live in a state where there is no 420 00:29:13,970 --> 00:29:19,240 Suze: state income tax such as Washington, Hawaii, Florida, Texas and 421 00:29:19,240 --> 00:29:20,060 Suze: so on 422 00:29:21,130 --> 00:29:27,060 Suze: then you go for the higher interest rate 423 00:29:27,940 --> 00:29:33,130 Suze: or again if you're buying these within a retirement account. 424 00:29:33,800 --> 00:29:39,020 Suze: So in this particular situation for shorter term 425 00:29:39,560 --> 00:29:44,830 Suze: you're probably better off buying treasuries once you start to 426 00:29:44,830 --> 00:29:48,600 Suze: get to the three year, four year five year desire 427 00:29:48,610 --> 00:29:53,240 Suze: of a maturity date. Now you're better off if you 428 00:29:53,240 --> 00:29:56,410 Suze: meet all the qualifications, I just told you 429 00:29:57,120 --> 00:30:03,970 Suze: of what? Of a certificate of deposit. One other thing 430 00:30:03,980 --> 00:30:05,610 Suze: I want you all to know. 431 00:30:06,310 --> 00:30:08,350 Suze: Most certificates of deposits 432 00:30:09,220 --> 00:30:13,930 Suze: whether they're purchased through a credit union and or a 433 00:30:13,930 --> 00:30:21,010 Suze: bank are usually just insured up to $250,000 by the F. D. I. C. 434 00:30:21,020 --> 00:30:24,190 Suze: or the N. C. U. A. 435 00:30:25,220 --> 00:30:26,060 Suze: Now 436 00:30:26,590 --> 00:30:28,720 Suze: I believe last year 437 00:30:29,300 --> 00:30:34,250 Suze: close to 500 banks, believe it or not went belly up. 438 00:30:34,450 --> 00:30:38,090 Suze: So the F. D. I. C. came into play. 439 00:30:38,670 --> 00:30:41,380 Suze: So in my opinion, unless you know how to set 440 00:30:41,380 --> 00:30:46,110 Suze: it up correctly with a trust and or multiple beneficiaries, 441 00:30:46,120 --> 00:30:53,060 Suze: you never truthfully want to put in more than $245,000 442 00:30:53,100 --> 00:30:56,580 Suze: into a certificate of deposit. 443 00:30:57,700 --> 00:31:00,250 Suze: However with a Treasury 444 00:31:00,880 --> 00:31:03,650 Suze: you could put a lot of money in there. A 445 00:31:03,650 --> 00:31:06,360 Suze: million dollars, two million whatever it may be. 446 00:31:07,170 --> 00:31:11,120 Suze: And it's backed by the authority of the United States Government. 447 00:31:11,630 --> 00:31:15,610 Suze: So that's something else that you need to take in 448 00:31:15,620 --> 00:31:23,260 Suze: to consideration. Also with a Treasury, they're easily sold on 449 00:31:23,260 --> 00:31:26,080 Suze: the secondary market, iIf you need to get out. 450 00:31:26,660 --> 00:31:32,000 Suze: With many certificates of deposit, there usually is an interest 451 00:31:32,000 --> 00:31:35,770 Suze: penalty if you come out before the maturity date. If 452 00:31:35,770 --> 00:31:39,890 Suze: you happen to buy your certificate of deposit through a 453 00:31:39,890 --> 00:31:43,240 Suze: broker you can then sell it 454 00:31:43,760 --> 00:31:47,450 Suze: but it doesn't have the liquidity with it as a 455 00:31:47,450 --> 00:31:50,490 Suze: Treasury does and I'm sure if you sell it before 456 00:31:50,490 --> 00:31:54,410 Suze: its maturity you're not going to get as much as 457 00:31:54,410 --> 00:31:58,080 Suze: you think. So the penalty is probably built right in there. 458 00:31:58,090 --> 00:32:01,470 Suze: Now I have talked to you about all these things 459 00:32:01,480 --> 00:32:03,310 Suze: over the years. 460 00:32:04,190 --> 00:32:07,520 Suze: However, I'm bringing them back to you right now because 461 00:32:07,520 --> 00:32:10,600 Suze: a lot of you are writing in emails and you 462 00:32:10,600 --> 00:32:13,910 Suze: are asking about should you do a C. D? Should 463 00:32:13,910 --> 00:32:17,500 Suze: you do a Treasury? You're asking all kinds of questions. 464 00:32:18,140 --> 00:32:20,570 Suze: So the truth is many of you may be in 465 00:32:20,570 --> 00:32:23,380 Suze: a situation where you're never going to sell your treasury, 466 00:32:23,380 --> 00:32:26,450 Suze: you're never gonna sell your certificate of deposit, you just 467 00:32:26,450 --> 00:32:29,140 Suze: want to collect interest, you want to wait for it, 468 00:32:29,150 --> 00:32:33,100 Suze: you know until it matures and that's 99% of you. 469 00:32:33,590 --> 00:32:37,950 Suze: So I really wouldn't worry about the liquidity and or 470 00:32:37,960 --> 00:32:42,750 Suze: the penalties because most of you never sell before it matures. 471 00:32:42,760 --> 00:32:45,410 Suze: What I would do is I would go for the 472 00:32:45,410 --> 00:32:49,880 Suze: higher interest rates, just make sure that you take into 473 00:32:49,880 --> 00:32:53,540 Suze: consideration if you live in a tax free state, 474 00:32:53,920 --> 00:32:57,090 Suze: your income tax bracket, are you in a retirement account 475 00:32:57,100 --> 00:33:02,080 Suze: or what is the difference if you bought a certificate 476 00:33:02,080 --> 00:33:05,470 Suze: of deposit at a higher rate and you do have 477 00:33:05,470 --> 00:33:08,280 Suze: to pay taxes on it on the state level. Does 478 00:33:08,280 --> 00:33:10,959 Suze: it still make sense for you to do so. 479 00:33:11,480 --> 00:33:17,520 Suze: Alright that's Suze School for today now. Just one other 480 00:33:17,520 --> 00:33:20,600 Suze: little thing because a lot of you are still writing 481 00:33:20,600 --> 00:33:26,520 Suze: me about Bitcoin about Ethereum and what should you do? 482 00:33:26,650 --> 00:33:31,580 Suze: Just as I talked about support and resistance levels at 483 00:33:31,580 --> 00:33:33,860 Suze: the beginning of this Suze School, 484 00:33:34,280 --> 00:33:40,370 Suze: Bitcoin has a support and a resistance level as well. 485 00:33:40,390 --> 00:33:44,330 Suze: You know most everything does. But remember 486 00:33:44,940 --> 00:33:49,150 Suze: for the support and resistance levels to really be kind 487 00:33:49,150 --> 00:33:52,900 Suze: of accurate to give you two guidance what you're investing 488 00:33:52,900 --> 00:33:56,980 Suze: in has got to have closed for two consecutive weeks 489 00:33:56,990 --> 00:34:01,550 Suze: above or below those levels. So right now Bitcoin is 490 00:34:01,550 --> 00:34:12,799 Suze: at $16,975 and its support level is $15,600. 491 00:34:13,030 --> 00:34:18,549 Suze: If it breaks that support level, its next support level 492 00:34:18,570 --> 00:34:26,640 Suze: is $13,900. If it breaks that support level easily it 493 00:34:26,640 --> 00:34:31,990 Suze: will be seen at $10,000 as its next support level. 494 00:34:32,550 --> 00:34:41,279 Suze: Its resistance level is currently at $17,600. So that's why 495 00:34:41,280 --> 00:34:43,590 Suze: you've been seen lately. Like the other day it popped 496 00:34:43,590 --> 00:34:47,370 Suze: up to 17 and then went back down. It's in 497 00:34:47,370 --> 00:34:52,920 Suze: a holding pattern here. Bitcoin is consolidating and very well 498 00:34:52,920 --> 00:34:56,940 Suze: could just sit here for quite a while. However, 499 00:34:57,620 --> 00:35:01,750 Suze: when you look at things long term its trend is 500 00:35:01,750 --> 00:35:05,990 Suze: still down. Same is true with Ethereum. 501 00:35:06,580 --> 00:35:10,490 Suze: So do you stay do you buy more? What do 502 00:35:10,489 --> 00:35:15,530 Suze: you do? Well, Bitcoin and Ethereum really is kind of 503 00:35:15,530 --> 00:35:17,290 Suze: on the chopping block right now. 504 00:35:17,930 --> 00:35:21,399 Suze: And that's because what happened with F. T. X., it's 505 00:35:21,400 --> 00:35:24,910 Suze: bankruptcies and the effect that that bankruptcy is now having 506 00:35:24,910 --> 00:35:29,160 Suze: on other firms and their eventually possibly going to go 507 00:35:29,160 --> 00:35:32,779 Suze: belly up as well. So I've said it once, I've 508 00:35:32,780 --> 00:35:37,239 Suze: said it a million times only invest in Cryptos 509 00:35:37,880 --> 00:35:42,540 Suze: that you can afford to lose every single penny and 510 00:35:42,540 --> 00:35:47,870 Suze: you will not be upset. Got that everybody, 511 00:35:49,080 --> 00:35:51,890 Suze: I'm so excited to see what happens with soccer today. 512 00:35:51,890 --> 00:35:55,570 Suze: Did you know I was an incredible soccer fam. Yes. 513 00:35:55,750 --> 00:36:00,620 Suze: Suze sits with Colo and we scream while KT is 514 00:36:00,620 --> 00:36:05,180 Suze: in her garden doing what KT does. Now that the 515 00:36:05,180 --> 00:36:10,230 Suze: United States team is out France is who I want 516 00:36:10,239 --> 00:36:11,100 Suze: to win. 517 00:36:11,460 --> 00:36:17,640 Suze: So until thursday when Ms Travis joins me again with 518 00:36:17,640 --> 00:36:22,319 Suze: Ask KT and Suze Anything. Don't forget about the Suze 519 00:36:22,320 --> 00:36:28,330 Suze: holiday sweepstakes and don't forget to listen to this podcast 520 00:36:28,340 --> 00:36:32,700 Suze: over and over again because there is a lot in it. 521 00:36:32,730 --> 00:36:36,290 Suze: But until Thursday there's really only one thing that I 522 00:36:36,290 --> 00:36:39,799 Suze: want you to remember and that's for you to be smart, 523 00:36:40,190 --> 00:36:48,210 Suze: strong and secure. Okay now everybody you stay safe. Goooooooaaaaallll!