1 00:00:08,439 --> 00:00:15,020 Suze: February 1st, 2026. Welcome everybody to the Women in Money podcast, 2 00:00:15,319 --> 00:00:20,120 Suze: as well as everybody smart enough to listen. And today is, 3 00:00:20,360 --> 00:00:24,419 Suze: I guess it's Suze School. Maybe it's Suze Story. 4 00:00:25,309 --> 00:00:30,180 Suze: Maybe it's just Suze, who knows? But hopefully you'll listen 5 00:00:30,299 --> 00:00:33,299 Suze: and get something out of it. But I just want 6 00:00:33,299 --> 00:00:34,580 Suze: to tell you a little thing. 7 00:00:35,000 --> 00:00:38,930 Suze: Yesterday, I was in my studio, and as you know, 8 00:00:39,080 --> 00:00:43,119 Suze: we moved from the island, we sold the island and 9 00:00:43,119 --> 00:00:46,840 Suze: we moved back to Florida. And by the way, I 10 00:00:46,840 --> 00:00:50,799 Suze: keep having to tell all of you, Colo is great. 11 00:00:50,918 --> 00:00:54,479 Suze: He's doing fine. Doesn't matter how many times I say 12 00:00:54,479 --> 00:00:57,319 Suze: it on this podcast, it's like you don't believe me, 13 00:00:57,599 --> 00:01:01,799 Suze: so you keep writing it in. I'm telling you, he's listening. Colo, 14 00:01:01,840 --> 00:01:04,184 Suze: I know you listen every single Podcast. 15 00:01:04,635 --> 00:01:10,885 Suze: Tell everybody, you and Annie are doing great. OK. However, 16 00:01:11,544 --> 00:01:14,745 Suze: because we've moved back here, I've been so trying to 17 00:01:14,745 --> 00:01:19,184 Suze: get my studio together here in Florida, and it's very 18 00:01:19,184 --> 00:01:21,664 Suze: different than it was on the island because on the 19 00:01:21,665 --> 00:01:24,625 Suze: island I had this little room and I turned it 20 00:01:24,625 --> 00:01:27,745 Suze: into a soundproof room and it was just so easy 21 00:01:27,745 --> 00:01:30,464 Suze: to go in there and do TV and everything, the 22 00:01:30,464 --> 00:01:32,525 Suze: lights were set up perfect. 23 00:01:33,319 --> 00:01:36,680 Suze: Here, we don't have a little space like that, and 24 00:01:36,680 --> 00:01:38,919 Suze: the only place I can do it is we turn 25 00:01:38,919 --> 00:01:43,709 Suze: the second bedroom into the podcast studio and the TV studio, 26 00:01:44,000 --> 00:01:48,879 Suze: but it has windows and sun pours in, and it 27 00:01:48,879 --> 00:01:52,959 Suze: becomes very difficult to do cameras or anything. So, every 28 00:01:52,959 --> 00:01:55,010 Suze: day I've been trying to figure it out. 29 00:01:56,080 --> 00:02:00,839 Suze: And so yesterday, KT came in as I was trying 30 00:02:00,839 --> 00:02:03,440 Suze: to figure out what I was going to do today 31 00:02:03,440 --> 00:02:06,819 Suze: for all of you, and she kind of sat down 32 00:02:06,819 --> 00:02:10,570 Suze: and I had the camera going just to see what 33 00:02:10,570 --> 00:02:13,639 Suze: it looked like and could it be arranged that maybe 34 00:02:13,639 --> 00:02:16,279 Suze: we could ever do a podcast with both of us 35 00:02:16,279 --> 00:02:20,559 Suze: on the video. And so we pushed the button and 36 00:02:20,559 --> 00:02:22,059 Suze: we just recorded something. 37 00:02:22,729 --> 00:02:25,990 Suze: We don't have makeup on. We weren't ready to do this, 38 00:02:26,330 --> 00:02:29,729 Suze: nothing like that, and it was cute. So I'm gonna 39 00:02:29,729 --> 00:02:33,330 Suze: post it today. Do not tell KT cause she will 40 00:02:33,330 --> 00:02:38,579 Suze: absolutely kill me. But anyway, take a look at it. 41 00:02:38,690 --> 00:02:40,729 Suze: I think you'll enjoy it. We're gonna post it, by 42 00:02:40,729 --> 00:02:44,050 Suze: the way, on the Women and Money Community app on 43 00:02:44,050 --> 00:02:46,929 Suze: the wall there. I don't think it's quite ready for 44 00:02:46,929 --> 00:02:50,710 Suze: real prime time yet, but I think all the community members, 45 00:02:50,770 --> 00:02:52,130 Suze: I think you'll enjoy it. 46 00:02:52,850 --> 00:02:57,168 Suze: And you'll see what we really look like. OK, now, anyway. 47 00:02:58,630 --> 00:03:00,429 Suze: Today's podcast. 48 00:03:01,940 --> 00:03:05,418 Suze: You know, I want to say we live in a 49 00:03:05,419 --> 00:03:12,728 Suze: time and a place, where everything just seems so uncertain. 50 00:03:13,740 --> 00:03:20,399 Suze: So upside down. So going back to the past when 51 00:03:20,580 --> 00:03:24,020 Suze: so many things were just not equal. Women have been 52 00:03:24,020 --> 00:03:28,339 Suze: losing their rights. We've gone backwards there now. We have 53 00:03:28,339 --> 00:03:32,820 Suze: all kinds of discrimination throughout the United States and honest 54 00:03:32,820 --> 00:03:33,660 Suze: to God, 55 00:03:34,559 --> 00:03:39,220 Suze: it feels like we are going back to the days 56 00:03:39,639 --> 00:03:43,679 Suze: before really the United States experienced freedom for all. 57 00:03:45,490 --> 00:03:48,979 Suze: And I just can't even begin to tell you how 58 00:03:48,979 --> 00:03:51,929 Suze: much that upsets me, and I know it upsets all 59 00:03:51,929 --> 00:03:55,009 Suze: of you. There is no way that any of you 60 00:03:55,259 --> 00:03:58,820 Suze: can look and watch on television and see everything that's 61 00:03:58,820 --> 00:04:03,490 Suze: happening out there. You just can't. There's gotta be a 62 00:04:03,490 --> 00:04:05,570 Suze: different way to do it. 63 00:04:06,389 --> 00:04:12,350 Suze: And when uncertainty happens like that, and you add to 64 00:04:12,350 --> 00:04:15,589 Suze: that uncertainty... Are we going to have tariffs or are 65 00:04:15,589 --> 00:04:16,428 Suze: we not? 66 00:04:17,319 --> 00:04:21,269 Suze: Are interest rates going to go down, or are they not? 67 00:04:21,688 --> 00:04:24,408 Suze: Is the stock market going to go up, or is 68 00:04:24,408 --> 00:04:26,049 Suze: it gonna go down? 69 00:04:27,079 --> 00:04:34,399 Suze: And everybody is absolutely freaked out. Bitcoin, is Bitcoin gonna 70 00:04:34,399 --> 00:04:38,178 Suze: continue to go down, or is it gonna go back up? 71 00:04:38,910 --> 00:04:41,440 Suze: What are these things going to do? 72 00:04:42,359 --> 00:04:46,279 Suze: And what's interesting about all of that is that if 73 00:04:46,279 --> 00:04:49,719 Suze: you think about everything I just talked about. 74 00:04:50,790 --> 00:04:57,980 Suze: Stocks, even real estate, Bitcoin, all these things are controlled 75 00:04:58,279 --> 00:05:03,260 Suze: by people, people who are buying, people who are selling. 76 00:05:04,380 --> 00:05:10,220 Suze: And right now the fear barometer is so high, it's 77 00:05:10,220 --> 00:05:13,859 Suze: not even funny. It's like everything that's going on in 78 00:05:13,859 --> 00:05:20,790 Suze: the world, Venezuela, Iran, Ukraine, all this stuff, Israel still. 79 00:05:21,769 --> 00:05:26,649 Suze: All this stuff has seeped into the fabric of who 80 00:05:26,649 --> 00:05:32,510 Suze: we are as human beings, and it's very, very difficult 81 00:05:32,769 --> 00:05:37,290 Suze: to make a rational decision when you are coming from 82 00:05:37,290 --> 00:05:38,829 Suze: a place of fear. 83 00:05:39,809 --> 00:05:42,178 Suze: Which is why just a little bit ago I did 84 00:05:42,178 --> 00:05:47,970 Suze: a podcast on that. But it's even more than fear. It's, 85 00:05:48,260 --> 00:05:54,409 Suze: it's confusion. It's not knowing how do you solve these problems, 86 00:05:54,738 --> 00:05:58,919 Suze: especially when you're not even the one in most cases 87 00:05:59,140 --> 00:06:03,178 Suze: that are creating them, even though there's all this confusion 88 00:06:03,178 --> 00:06:06,820 Suze: out there and this, all these messages that don't make 89 00:06:06,820 --> 00:06:08,599 Suze: any sense if you ask me. 90 00:06:08,910 --> 00:06:14,320 Suze: The truth of the matter is you can't afford to 91 00:06:14,320 --> 00:06:15,459 Suze: be confused. 92 00:06:16,220 --> 00:06:20,739 Suze: You can't afford not to do what you need to 93 00:06:20,738 --> 00:06:24,459 Suze: do with your money and just block out all the 94 00:06:24,459 --> 00:06:27,779 Suze: noise that's out there. And I'm starting to want to 95 00:06:27,779 --> 00:06:31,140 Suze: just throw things at the TV when I hear some 96 00:06:31,140 --> 00:06:34,959 Suze: of these pundits go on CNBC and everything and say: 97 00:06:36,309 --> 00:06:41,790 Suze: "Gonna be an AI bubble. Yeah, everything's gonna go down considerably..." 98 00:06:42,029 --> 00:06:45,029 Suze: And they keep saying it, and they keep saying it, 99 00:06:45,190 --> 00:06:48,309 Suze: and they keep saying it, and yeah, a lot of 100 00:06:48,309 --> 00:06:51,269 Suze: these stocks have taken a serious hit. 101 00:06:52,450 --> 00:06:56,178 Suze: But aren't all of you that are invested in the 102 00:06:56,178 --> 00:07:01,738 Suze: stock market, aren't all of you invested with money that 103 00:07:01,738 --> 00:07:05,059 Suze: you are not going to need for at least five 104 00:07:05,059 --> 00:07:08,979 Suze: or 10 years or longer? Wasn't that the deal that 105 00:07:08,980 --> 00:07:12,239 Suze: we made for money that is in the stock market? 106 00:07:12,859 --> 00:07:15,299 Suze: And why did we make that deal? 107 00:07:15,730 --> 00:07:19,609 Suze: It's because of course things go up and up and 108 00:07:19,609 --> 00:07:23,829 Suze: up and then of course things go down and down 109 00:07:23,970 --> 00:07:29,029 Suze: and down and then they go right back up again 110 00:07:29,529 --> 00:07:33,929 Suze: but you need time for that to happen and if 111 00:07:33,929 --> 00:07:38,369 Suze: you just are investing and you're simply doing this thing 112 00:07:38,369 --> 00:07:38,850 Suze: where 113 00:07:39,290 --> 00:07:42,329 Suze: Oh, I was doing so great. Everything was up so much. 114 00:07:42,410 --> 00:07:44,989 Suze: Oh my God, I can't believe it, and now it's down, 115 00:07:45,250 --> 00:07:47,950 Suze: and now you're depressed or you don't know what to do. 116 00:07:48,920 --> 00:07:54,200 Suze: You are probably making serious mistakes, and what are the 117 00:07:54,200 --> 00:07:58,760 Suze: serious mistakes that you're making is you don't continue to 118 00:07:58,760 --> 00:08:04,140 Suze: dollar cost average into the stocks that you know are strong, 119 00:08:04,559 --> 00:08:07,429 Suze: you know they have a future, you know it. 120 00:08:08,109 --> 00:08:13,059 Suze: But yet you now have been scared to make any moves. 121 00:08:13,559 --> 00:08:18,519 Suze: Do you know that over the past 40 years, and 122 00:08:18,519 --> 00:08:21,839 Suze: I'm going to give you these numbers because I really 123 00:08:21,839 --> 00:08:23,739 Suze: want you to understand them. 124 00:08:24,089 --> 00:08:29,679 Suze: Because history has now proven that it does repeat itself 125 00:08:29,899 --> 00:08:33,700 Suze: and so many of you, even though you've been purchasing 126 00:08:33,700 --> 00:08:38,619 Suze: individual stocks, the advice really was purchase individual stocks to 127 00:08:38,619 --> 00:08:41,419 Suze: get a little bit more of a return. But there's 128 00:08:41,419 --> 00:08:44,729 Suze: nothing wrong with having 50% of your money in the 129 00:08:44,729 --> 00:08:48,619 Suze: Standard and Poor's 500 index. Do you remember us talking 130 00:08:48,619 --> 00:08:52,049 Suze: about that? Can you get out your little Suze notebooks? 131 00:08:52,549 --> 00:08:53,599 Suze: Can you do that for me? 132 00:08:54,729 --> 00:08:59,270 Suze: Do you know that out of the past 40 years 133 00:08:59,530 --> 00:09:04,169 Suze: since 1985, so we'll just go through 2025... 134 00:09:05,179 --> 00:09:10,280 Suze: That there were only seven years out of the past 135 00:09:10,280 --> 00:09:13,140 Suze: 40 years, OK. 136 00:09:14,530 --> 00:09:20,599 Suze: So, 33 of those years, the S&P 500 went up, 137 00:09:21,049 --> 00:09:27,130 Suze: seven of those years, the S&P 500 went down. Now, 138 00:09:27,210 --> 00:09:30,729 Suze: do you think that the odds are with you or not? 139 00:09:31,599 --> 00:09:34,559 Suze: You know, and I'm just gonna read these figures for you. 140 00:09:34,640 --> 00:09:37,780 Suze: In fact, here's what I'm gonna do. I'm gonna put 141 00:09:37,919 --> 00:09:41,580 Suze: a little picture on the Women and Money Community app 142 00:09:42,469 --> 00:09:48,229 Suze: and I will show you the returns of 1985 all 143 00:09:48,229 --> 00:09:51,750 Suze: the way through 2025 per year. 144 00:09:52,630 --> 00:09:55,869 Suze: And when you look at those, and you look at 145 00:09:55,869 --> 00:09:59,989 Suze: the 33 years that went up, and the seven years 146 00:09:59,989 --> 00:10:01,169 Suze: that went down, 147 00:10:02,059 --> 00:10:07,119 Suze: and you know that you have at least five years 148 00:10:07,119 --> 00:10:11,380 Suze: or longer till you need this money, because when I 149 00:10:11,380 --> 00:10:14,979 Suze: look at these numbers, so rather than giving you the numbers, 150 00:10:15,020 --> 00:10:17,419 Suze: I'm just gonna go up and down, all right? Starting 151 00:10:17,419 --> 00:10:21,619 Suze: in 1985, up, up, up, up, up, down. 152 00:10:22,869 --> 00:10:27,169 Suze: Up, up, up, up, up, up, up, up, up, down, down, down, 153 00:10:27,630 --> 00:10:29,989 Suze: see why you need five or 10 years or longer 154 00:10:30,349 --> 00:10:33,819 Suze: then up, up, up, up, up, down, up up up 155 00:10:33,830 --> 00:10:38,669 Suze: up up up up up up down up up up 156 00:10:38,669 --> 00:10:40,880 Suze: down up up up. 157 00:10:42,059 --> 00:10:43,079 Suze: Do you see that? 158 00:10:43,820 --> 00:10:47,699 Suze: So, let's just say that it is a down year 159 00:10:47,700 --> 00:10:50,098 Suze: this year. I don't think it's gonna be, but let's 160 00:10:50,099 --> 00:10:54,460 Suze: just say it is, and maybe next year. These are 161 00:10:54,460 --> 00:10:58,459 Suze: the years that you continue to invest in the things 162 00:10:58,460 --> 00:11:00,699 Suze: that you wanna own, and if you don't know what 163 00:11:00,700 --> 00:11:02,909 Suze: you want to own, all right, just buy the Standard 164 00:11:02,909 --> 00:11:05,280 Suze: and Poor's 500 index ETF. Fine. 165 00:11:06,489 --> 00:11:10,929 Suze: But over the long run you're going to have, if 166 00:11:10,929 --> 00:11:16,330 Suze: history does repeat itself, more up years taking away the 167 00:11:16,330 --> 00:11:22,429 Suze: down years, and you've got to have that in mind now. 168 00:11:22,580 --> 00:11:27,929 Suze: One of the reasons that I'm so aggravated about people 169 00:11:27,929 --> 00:11:31,929 Suze: thinking that AI is in a bubble, have you not 170 00:11:31,929 --> 00:11:33,988 Suze: also heard me say to you? 171 00:11:34,750 --> 00:11:37,270 Suze: You have to invest in the future. 172 00:11:37,960 --> 00:11:40,880 Suze: You have to have the ability at least to kind 173 00:11:40,880 --> 00:11:45,619 Suze: of look and see where we are going and how 174 00:11:45,619 --> 00:11:51,699 Suze: AI semiconductors, all kinds of things are going to rule 175 00:11:51,919 --> 00:11:56,580 Suze: as time goes on. So you have to not be 176 00:11:56,580 --> 00:11:58,780 Suze: afraid of the future. 177 00:11:59,520 --> 00:12:02,799 Suze: And I was trying to think to myself, how do 178 00:12:02,799 --> 00:12:09,640 Suze: I really get it across how AI and semiconductors and 179 00:12:09,640 --> 00:12:14,520 Suze: everything that's going on is so far beyond truthfully, chat 180 00:12:14,520 --> 00:12:18,659 Suze: GPT and this and that and all those things that 181 00:12:18,799 --> 00:12:22,539 Suze: it's going to change everything in our lives. 182 00:12:23,150 --> 00:12:25,840 Suze: And the one way that I thought I could talk 183 00:12:25,840 --> 00:12:28,859 Suze: about it in terms of how it's going to change 184 00:12:29,200 --> 00:12:34,049 Suze: your life, every one of our lives, is by talking 185 00:12:34,049 --> 00:12:38,700 Suze: about AVs. Do you happen to know what an AV is? 186 00:12:39,159 --> 00:12:42,179 Suze: An AV is an autonomous vehicle. 187 00:12:43,159 --> 00:12:47,468 Suze: A vehicle that will absolutely drive itself. 188 00:12:48,340 --> 00:12:52,219 Suze: The level 5, it's called, the robotaxi, you see them 189 00:12:52,219 --> 00:12:55,700 Suze: sometimes in San Francisco or wherever, and you get in 190 00:12:55,700 --> 00:12:58,840 Suze: and it takes you to where you wanna go, no 191 00:12:59,260 --> 00:13:00,719 Suze: driver at all. 192 00:13:01,539 --> 00:13:04,239 Suze: So just put a pin in that for a second, 193 00:13:05,140 --> 00:13:09,478 Suze: and let's go back to the year 1910. 194 00:13:10,320 --> 00:13:14,510 Suze: And do you know in 1910 when the car was 195 00:13:14,510 --> 00:13:20,069 Suze: first being developed that there were 130,000 horses in New 196 00:13:20,070 --> 00:13:23,429 Suze: York City. Do you know that? And do you know 197 00:13:23,429 --> 00:13:28,650 Suze: that by 1920 there were only 56,000 horses. 198 00:13:29,659 --> 00:13:31,619 Suze: And do you know that a lot of the people 199 00:13:31,619 --> 00:13:35,700 Suze: that rode those horses and everything, I'm sure, thought that 200 00:13:35,700 --> 00:13:38,580 Suze: it was going to always be the only mode of 201 00:13:38,580 --> 00:13:42,780 Suze: transportation to get from A to Z or wherever you 202 00:13:42,780 --> 00:13:43,679 Suze: wanted to go. 203 00:13:44,359 --> 00:13:50,020 Suze: And then all of a sudden, everything started to change, seriously. 204 00:13:50,440 --> 00:13:53,280 Suze: You know, there were like stables and carriage houses and 205 00:13:53,280 --> 00:13:56,380 Suze: all kinds of things, and they totally disappeared. 206 00:13:57,049 --> 00:14:02,679 Suze: And they were replaced with gas stations and dealerships and 207 00:14:02,690 --> 00:14:06,369 Suze: everything started to spring up everywhere and then we were 208 00:14:06,369 --> 00:14:12,039 Suze: able to travel and everybody drove themselves and in the 209 00:14:12,039 --> 00:14:16,770 Suze: same way, believe it or not, we've gone from horses 210 00:14:17,130 --> 00:14:22,450 Suze: to driving cars ourselves. The next step is we're gonna 211 00:14:22,450 --> 00:14:26,349 Suze: have cars that really will drive themselves. 212 00:14:27,059 --> 00:14:30,880 Suze: So, what does this have to do with the future 213 00:14:30,880 --> 00:14:35,340 Suze: and investing in AI? Well, I'll tell you what it 214 00:14:35,340 --> 00:14:36,200 Suze: has to do. 215 00:14:36,950 --> 00:14:43,559 Suze: The amount of technology for a level 5 car to 216 00:14:43,559 --> 00:14:50,020 Suze: absolutely drive itself and do everything is so much grander 217 00:14:50,020 --> 00:14:54,479 Suze: and greater than what a car today that will park 218 00:14:54,479 --> 00:14:57,270 Suze: itself and do all those things it takes. It will 219 00:14:57,270 --> 00:15:03,070 Suze: take seven times more of all the technology, the brain power, 220 00:15:03,309 --> 00:15:04,989 Suze: the GPS, all of that. 221 00:15:05,489 --> 00:15:08,659 Suze: Than what's called a level 2 car today, which is 222 00:15:08,659 --> 00:15:12,090 Suze: a car that will park itself and with you in it, 223 00:15:12,099 --> 00:15:13,010 Suze: drive around. 224 00:15:14,450 --> 00:15:21,940 Suze: That's why there will be such an extraordinary need for semiconductors, AI, 225 00:15:22,260 --> 00:15:26,809 Suze: and all the things that everybody's telling you is in 226 00:15:26,809 --> 00:15:32,500 Suze: a bubble, because it's not just cars, everybody, it's going 227 00:15:32,500 --> 00:15:35,739 Suze: to be all kinds of things. I want you to 228 00:15:35,739 --> 00:15:37,000 Suze: think about this. 229 00:15:37,890 --> 00:15:44,190 Suze: It's gonna be farming equipment, mining equipment, the long haul truckers. 230 00:15:44,770 --> 00:15:48,380 Suze: You're gonna see trucks going down the road all by themselves, 231 00:15:48,570 --> 00:15:55,210 Suze: all these military applications, everything. Obviously it's gonna reduce the 232 00:15:55,210 --> 00:15:59,659 Suze: need for labor and all of that, OK, but it's 233 00:15:59,659 --> 00:16:05,890 Suze: going to require so much AI it's not going to 234 00:16:05,890 --> 00:16:06,669 Suze: be funny. 235 00:16:07,570 --> 00:16:12,440 Suze: And therefore, this is not an area that by any 236 00:16:12,440 --> 00:16:15,580 Suze: level that you can turn your back on. 237 00:16:16,570 --> 00:16:22,239 Suze: So, semiconductors and software and AI all of that is 238 00:16:22,239 --> 00:16:25,650 Suze: the foundation of the future. 239 00:16:26,450 --> 00:16:30,690 Suze: So, it is impossible for it to be in a bubble. Now, 240 00:16:30,770 --> 00:16:34,210 Suze: it is not impossible that some of those stocks are 241 00:16:34,210 --> 00:16:37,880 Suze: going to go down dramatically. A lot of those stocks 242 00:16:37,880 --> 00:16:42,500 Suze: are investing billions of dollars to do things. So, all right, 243 00:16:42,929 --> 00:16:45,570 Suze: they may go down, they may go up, they may 244 00:16:45,570 --> 00:16:48,650 Suze: go all over the place, but in the long run, 245 00:16:49,640 --> 00:16:52,210 Suze: the reason that I'm telling you all this is I 246 00:16:52,210 --> 00:16:56,690 Suze: can sense that you are freaked when you see certain 247 00:16:56,690 --> 00:17:03,210 Suze: stocks going down dramatically 30%, 40%, and the more they 248 00:17:03,210 --> 00:17:07,589 Suze: go down rather than you dollar cost averaging into them, 249 00:17:07,930 --> 00:17:12,188 Suze: rather than you being smart, rather than you taking control 250 00:17:12,189 --> 00:17:15,270 Suze: over the confusion that is in this world right now. 251 00:17:15,699 --> 00:17:20,040 Suze: You are becoming part of that confusion, and you are selling. 252 00:17:20,540 --> 00:17:23,900 Suze: You are selling because you have lost faith in the 253 00:17:23,900 --> 00:17:27,680 Suze: picture and the future and the long run of what 254 00:17:27,680 --> 00:17:33,119 Suze: is probable, not what is possible, but what is probable. 255 00:17:33,979 --> 00:17:37,939 Suze: So, I am asking all of you, as long as 256 00:17:37,939 --> 00:17:43,400 Suze: you have five, 10, 15 years or longer to have your money invested. 257 00:17:45,040 --> 00:17:46,770 Suze: To just stay calm. 258 00:17:47,530 --> 00:17:51,849 Suze: To continue to dollar cost average, to be in the 259 00:17:51,849 --> 00:17:55,540 Suze: areas of the market along with the overall market, the 260 00:17:55,540 --> 00:18:01,270 Suze: Standard and Poor's 500, and just continue to participate in 261 00:18:01,410 --> 00:18:05,550 Suze: what's going on out there now. All right, everybody. 262 00:18:06,349 --> 00:18:10,670 Suze: Now with that said, I get it. I get it. 263 00:18:10,869 --> 00:18:16,869 Suze: Believe me, I have many stocks, serious positions in many 264 00:18:16,869 --> 00:18:18,199 Suze: of these stocks. 265 00:18:19,170 --> 00:18:22,089 Suze: And, OK, they go down. 266 00:18:22,900 --> 00:18:26,790 Suze: And either I dollar cost average into them, or I'm 267 00:18:26,790 --> 00:18:28,670 Suze: just holding them. 268 00:18:29,510 --> 00:18:32,629 Suze: I want you to remember, given that tax season is 269 00:18:32,630 --> 00:18:36,300 Suze: just around the corner, that a lot of you purchased 270 00:18:36,300 --> 00:18:39,089 Suze: these stocks as they were going up and up and up. 271 00:18:39,229 --> 00:18:43,010 Suze: You have not held them for at least a year. 272 00:18:43,560 --> 00:18:47,030 Suze: So for those of you that do have gains and 273 00:18:47,030 --> 00:18:49,750 Suze: you're selling now, that's going to be taxed to you 274 00:18:49,750 --> 00:18:54,310 Suze: as ordinary income, that will be an absolute loss to 275 00:18:54,310 --> 00:18:56,189 Suze: you at that point in time. 276 00:18:56,540 --> 00:18:59,739 Suze: So, if you have gains, and you have held longer 277 00:18:59,739 --> 00:19:02,979 Suze: than a year, and you wanna reduce your position cause 278 00:19:02,979 --> 00:19:05,699 Suze: you have a lot or whatever, and you just wanna 279 00:19:05,699 --> 00:19:07,959 Suze: do that, and it allows you to sleep at night. 280 00:19:08,380 --> 00:19:09,939 Suze: The goal of money is for you to be secure 281 00:19:09,939 --> 00:19:12,379 Suze: and sleep, OK, do that. 282 00:19:14,020 --> 00:19:18,900 Suze: But, if they're good quality stocks, if there's stocks that 283 00:19:18,900 --> 00:19:23,959 Suze: participate in the future, you have the S&P 500. 284 00:19:24,599 --> 00:19:30,209 Suze: If I were you, I would be holding on. However, 285 00:19:30,800 --> 00:19:35,000 Suze: there's more to investing than just the futuristic things of 286 00:19:35,000 --> 00:19:37,479 Suze: AI and semiconductors and so on. 287 00:19:38,180 --> 00:19:41,680 Suze: There are things that all of you really are putting 288 00:19:41,680 --> 00:19:44,260 Suze: a lot of money in, and I do just want 289 00:19:44,260 --> 00:19:45,938 Suze: to caution you from doing so. 290 00:19:47,140 --> 00:19:52,079 Suze: Thursday's podcast, one of the questions was about Barrick Gold 291 00:19:52,260 --> 00:19:54,978 Suze: and how I recommended it back in, I think it 292 00:19:54,979 --> 00:19:59,060 Suze: was June of 2022 at 18, went up to 53 293 00:19:59,060 --> 00:20:03,130 Suze: or 54, came back down on Friday, 4 or 5 points, 294 00:20:03,260 --> 00:20:06,458 Suze: quite a bit, but still, you write me and you say, 295 00:20:07,020 --> 00:20:10,180 Suze: why aren't you talking and telling people to invest in 296 00:20:10,180 --> 00:20:11,099 Suze: gold more? 297 00:20:11,739 --> 00:20:15,419 Suze: Can't you see, Suze, what's happening to the dollar, 'cause 298 00:20:15,420 --> 00:20:19,839 Suze: it's true. The dollar is getting weaker and weaker and weaker. 299 00:20:20,750 --> 00:20:24,180 Suze: But I just want to say something about gold here. 300 00:20:25,189 --> 00:20:28,670 Suze: Gold has had a tremendous run. 301 00:20:29,569 --> 00:20:33,469 Suze: And when gold runs as fast as it has run, 302 00:20:34,599 --> 00:20:38,169 Suze: I would be very skeptical at this point in time 303 00:20:38,410 --> 00:20:42,689 Suze: in terms of adding a whole lot of gold to 304 00:20:42,689 --> 00:20:47,569 Suze: my portfolio. You know, I don't necessarily believe in owning 305 00:20:47,569 --> 00:20:51,930 Suze: the actual commodity itself, and I mentioned on Thursday, as 306 00:20:51,930 --> 00:20:54,849 Suze: I've mentioned for a long time now, if you want 307 00:20:54,849 --> 00:20:59,369 Suze: to buy gold and participate, OK, buy the ETF GLD. 308 00:20:59,939 --> 00:21:04,300 Suze: But I am just saying to you, just be careful 309 00:21:04,300 --> 00:21:07,659 Suze: here because I think more is at play with gold 310 00:21:07,660 --> 00:21:12,099 Suze: than you have any idea. All right. In terms of 311 00:21:12,099 --> 00:21:17,198 Suze: the weak dollar, concerns me a little bit, concerns me 312 00:21:17,199 --> 00:21:21,099 Suze: because I always thought the United States wanted a strong 313 00:21:21,099 --> 00:21:24,099 Suze: dollar policy, but I don't think the United States has 314 00:21:24,099 --> 00:21:25,979 Suze: any clue what they're doing one way or the other 315 00:21:25,979 --> 00:21:28,979 Suze: right now because nobody can agree on anything. 316 00:21:29,180 --> 00:21:32,540 Suze: So again, we don't want to be part of that confusion. 317 00:21:32,859 --> 00:21:39,650 Suze: Just understand how a weak dollar will affect you only truthfully. 318 00:21:40,310 --> 00:21:44,310 Suze: On a personal level right now, if you are traveling, 319 00:21:44,569 --> 00:21:47,359 Suze: like if you're going over to Europe, if you're doing 320 00:21:47,359 --> 00:21:51,639 Suze: things like that, it will be far more expensive for 321 00:21:51,640 --> 00:21:56,000 Suze: you right now because of the exchange rates. So just 322 00:21:56,000 --> 00:21:59,119 Suze: keep that in mind, but I wouldn't be too worried 323 00:21:59,119 --> 00:22:03,839 Suze: about it if I were you. Bitcoin, yes, it has 324 00:22:03,839 --> 00:22:07,979 Suze: come down quite a bit, hasn't it? However, 325 00:22:08,599 --> 00:22:12,718 Suze: I'm still saying, all right, I don't care. I still 326 00:22:12,719 --> 00:22:16,520 Suze: have faith in Bitcoin long run. I'm not putting any 327 00:22:16,520 --> 00:22:19,280 Suze: more money into it. I have very little. I have 328 00:22:19,280 --> 00:22:22,920 Suze: it via the ETF, by the way, IBIT, and another 329 00:22:22,920 --> 00:22:25,800 Suze: one that pays a nice little dividend, but I still 330 00:22:25,800 --> 00:22:28,099 Suze: want to just stick with IBIT for all of you. 331 00:22:28,520 --> 00:22:30,339 Suze: A little exposure, 332 00:22:31,319 --> 00:22:34,599 Suze: great, but you might have to wait years or a 333 00:22:34,599 --> 00:22:38,359 Suze: while now. Know that if it doesn't hold right around 334 00:22:38,359 --> 00:22:42,219 Suze: this 88,000 area and close there over the next few 335 00:22:42,219 --> 00:22:45,560 Suze: days or whatever, it's very probable you'll see it go 336 00:22:45,560 --> 00:22:49,520 Suze: down to 69,000 or whatever, which is actually what it 337 00:22:49,520 --> 00:22:53,479 Suze: was around two years ago for the Super Bowl, and 338 00:22:53,479 --> 00:22:55,160 Suze: then it went all the way up, and now it's 339 00:22:55,160 --> 00:22:56,959 Suze: all the way back down again. See, we have a 340 00:22:56,959 --> 00:22:57,699 Suze: trend here. 341 00:22:58,310 --> 00:23:01,639 Suze: But don't freak about it. None of you should have 342 00:23:01,640 --> 00:23:04,640 Suze: all of your money in Bitcoin. None of you should 343 00:23:04,640 --> 00:23:08,760 Suze: have all of your money in gold. None of you 344 00:23:08,959 --> 00:23:13,540 Suze: should have those types of investments being a large part 345 00:23:13,910 --> 00:23:17,040 Suze: of your portfolio. I would not have it be more 346 00:23:17,040 --> 00:23:20,910 Suze: than 5% of a portfolio, and even that may be 347 00:23:20,910 --> 00:23:24,839 Suze: a lot for many of you. So it too has 348 00:23:24,839 --> 00:23:26,319 Suze: to go through its cycle. 349 00:23:26,760 --> 00:23:29,439 Suze: I think that it's very probable that the last half 350 00:23:29,439 --> 00:23:33,560 Suze: of February we'll see these markets rally, but who knows. 351 00:23:34,329 --> 00:23:36,969 Suze: And the reason that nobody can know anymore is because 352 00:23:36,969 --> 00:23:39,329 Suze: of the confusion out there. So we're now back to 353 00:23:39,329 --> 00:23:40,869 Suze: where I started the podcast. 354 00:23:42,109 --> 00:23:47,670 Suze: We have to get a handle on what's happening in Minnesota, 355 00:23:47,949 --> 00:23:51,510 Suze: what's happening throughout the United States. We have to get 356 00:23:51,510 --> 00:23:56,629 Suze: a handle and have our stories be right and not 357 00:23:56,630 --> 00:24:00,339 Suze: have one politician say something and then another politician say 358 00:24:00,339 --> 00:24:04,680 Suze: something else. We have to be on the same train 359 00:24:04,880 --> 00:24:08,609 Suze: going in the same direction so that we all get there. 360 00:24:09,439 --> 00:24:17,640 Suze: Confusion causes disruption. Disruption in your own stability causes you 361 00:24:17,640 --> 00:24:20,920 Suze: to do things like selling when you should be buying 362 00:24:20,920 --> 00:24:25,079 Suze: and buying when you should be selling, and therefore, the 363 00:24:25,079 --> 00:24:27,640 Suze: markets can be crazy for a while here. 364 00:24:28,410 --> 00:24:33,709 Suze: So, don't be one of those investors where you want 365 00:24:34,170 --> 00:24:36,530 Suze: how it was last year. It went up and up 366 00:24:36,530 --> 00:24:38,469 Suze: and up and up and up and up and up. 367 00:24:39,010 --> 00:24:44,209 Suze: Be one of those investors, where you have the understanding 368 00:24:44,410 --> 00:24:48,189 Suze: that when something goes up, something goes down, something goes up, 369 00:24:48,329 --> 00:24:50,770 Suze: it's building a foundation. 370 00:24:51,569 --> 00:24:56,729 Suze: A foundation under it to make it stronger for its 371 00:24:56,729 --> 00:25:01,920 Suze: next leg up in whatever those good stocks may happen 372 00:25:01,920 --> 00:25:02,579 Suze: to be. 373 00:25:04,020 --> 00:25:05,160 Suze: All right. 374 00:25:06,119 --> 00:25:08,679 Suze: Don't forget to go to the Women and Money app. 375 00:25:08,739 --> 00:25:11,239 Suze: You can get it on Google Play or Apple Apps 376 00:25:11,520 --> 00:25:14,719 Suze: to see the little video, the little video I'm gonna 377 00:25:14,719 --> 00:25:17,280 Suze: put up. It's only like maybe a minute long. 378 00:25:17,579 --> 00:25:21,349 Suze: But you'll see KT is so dang cute I can't 379 00:25:21,349 --> 00:25:27,688 Suze: even stand it. This afternoon, February 1st, we're all going 380 00:25:27,880 --> 00:25:33,149 Suze: to my brother-in-law Tom Stender's 75th birthday. His birthday really 381 00:25:33,150 --> 00:25:37,510 Suze: isn't until February 11th, but we're all going today. His 382 00:25:37,510 --> 00:25:41,250 Suze: kids came in. They surprised him, so the whole family 383 00:25:41,250 --> 00:25:42,010 Suze: is here. 384 00:25:42,489 --> 00:25:45,290 Suze: And what's funny is we're going to a little restaurant 385 00:25:45,290 --> 00:25:49,619 Suze: called Mai Kai, which is this like tropical Hawaiian place, 386 00:25:49,900 --> 00:25:55,688 Suze: and it's like 35 degrees here in Florida. So, Tom, happy, 387 00:25:55,829 --> 00:25:58,169 Suze: happy birthday, my dear brother-in-law. 388 00:25:59,270 --> 00:26:03,949 Suze: I hope you know what an extraordinary human being you are, 389 00:26:04,010 --> 00:26:08,310 Suze: and I hope you never ever forget that. But until 390 00:26:08,310 --> 00:26:12,339 Suze: Thursday when Miss Travis does join us for another Ask 391 00:26:12,339 --> 00:26:14,089 Suze: KT and Suze Anything. 392 00:26:14,579 --> 00:26:16,819 Suze: There's really only one thing that I want you to remember, 393 00:26:16,900 --> 00:26:22,458 Suze: and it's this people first, then money, then things, and 394 00:26:22,459 --> 00:26:29,310 Suze: you stay autonomous with your money and stay safe. Bye-bye now.