1 00:00:41,380 --> 00:00:46,479 Suze: October 6th, 2024. Welcome everybody to the Women and Money 2 00:00:46,490 --> 00:00:51,650 Suze: podcast as well as everybody smart enough to listen, Suze O, 3 00:00:51,659 --> 00:00:55,689 Suze: here and today is Suze School. But before we go 4 00:00:55,700 --> 00:00:59,430 Suze: to Suze School, some of you have been writing because 5 00:00:59,439 --> 00:01:02,419 Suze: you're not on the Women and Money Community app. So 6 00:01:02,430 --> 00:01:05,110 Suze: you don't see the pictures that I post there that 7 00:01:05,120 --> 00:01:08,209 Suze: I really don't post anywhere else. But you're sending 8 00:01:08,294 --> 00:01:11,254 Suze: an email to me saying, tell us about how the 9 00:01:11,264 --> 00:01:15,473 Suze: trip was to Las Vegas. How did you do? Speaking? 10 00:01:15,485 --> 00:01:18,194 Suze: Did Colo like it? What did you think of Annie, 11 00:01:18,205 --> 00:01:21,625 Suze: all of those things? And I love that you're also 12 00:01:21,635 --> 00:01:24,824 Suze: curious about my personal life. So for those of you 13 00:01:24,834 --> 00:01:28,095 Suze: who are here just for finances, just wait, we're gonna 14 00:01:28,105 --> 00:01:32,675 Suze: get to them. However, this is a story that's important 15 00:01:32,684 --> 00:01:33,714 Suze: for you to hear. 16 00:01:34,500 --> 00:01:39,599 Suze: So Annie came from Colombia, her son that she hadn't 17 00:01:39,610 --> 00:01:44,360 Suze: seen in one year, came from Boston 19 years old 18 00:01:44,690 --> 00:01:48,440 Suze: and Colo flew in from the island and they all 19 00:01:48,449 --> 00:01:52,239 Suze: met one another at the airport at the same time. 20 00:01:52,370 --> 00:01:54,720 Suze: And I have a video of it. I haven't posted it, 21 00:01:54,730 --> 00:01:59,480 Suze: but maybe I will of an incredible love fest between 22 00:01:59,489 --> 00:02:03,389 Suze: the three of them. Now, Colo was as nervous as 23 00:02:03,400 --> 00:02:04,190 Suze: could be 24 00:02:04,730 --> 00:02:09,119 Suze: to bring Annie to our condo to meet us. We 25 00:02:09,130 --> 00:02:12,110 Suze: had never met Annie. They've been married now for a while, 26 00:02:12,199 --> 00:02:15,429 Suze: but she never had the ability to come to the 27 00:02:15,440 --> 00:02:19,460 Suze: United States or the island. Really, because she didn't have 28 00:02:19,470 --> 00:02:24,429 Suze: a visa till two months ago. So he's so nervous 29 00:02:24,440 --> 00:02:27,779 Suze: and he's like texting me, Suze, if you don't like her, 30 00:02:27,788 --> 00:02:31,419 Suze: can you just go easy? Don't worry. You know, please Suze, 31 00:02:31,429 --> 00:02:33,389 Suze: you know, just go gentle. Ok, 32 00:02:33,740 --> 00:02:38,190 Suze: because sometimes people are afraid because I have no qualms 33 00:02:38,199 --> 00:02:41,788 Suze: about saying I don't like that relationship, get rid of them, 34 00:02:41,800 --> 00:02:45,639 Suze: not to the person themselves but to somebody like Colo. 35 00:02:45,880 --> 00:02:49,490 Suze: So anyway, they arrive and really it was love at 36 00:02:49,500 --> 00:02:50,440 Suze: first sight. 37 00:02:50,880 --> 00:02:56,119 Suze: KT sees her, goes to her, put her arms around her. 38 00:02:56,130 --> 00:03:00,269 Suze: She's cute. She's got great energy and it was a wonderful, 39 00:03:00,279 --> 00:03:05,350 Suze: wonderful love fest. Totally part of the family. Everything's great. 40 00:03:05,850 --> 00:03:09,389 Suze: And so they leave because the next day we're supposed 41 00:03:09,399 --> 00:03:13,360 Suze: to go to Las Vegas because I was hired to 42 00:03:13,369 --> 00:03:17,609 Suze: give a talk for the women of color. And it 43 00:03:17,619 --> 00:03:21,508 Suze: was fabulous, by the way, what an extraordinary, 44 00:03:21,929 --> 00:03:26,139 Suze: extraordinary organization if you are a lawyer out there and 45 00:03:26,149 --> 00:03:29,789 Suze: you are a woman of color, you should look into 46 00:03:29,800 --> 00:03:34,029 Suze: this seminars that they give this whole thing that they do. 47 00:03:34,070 --> 00:03:37,970 Suze: That's three or four days. Unbelievable. That is, besides the point. 48 00:03:38,399 --> 00:03:41,309 Suze: So I thought all right, because I was hired to 49 00:03:41,320 --> 00:03:42,309 Suze: go there. 50 00:03:43,169 --> 00:03:49,070 Suze: Then why doesn't just Colo and Annie come with us 51 00:03:49,669 --> 00:03:53,529 Suze: and they were so excited and the Women of Color, 52 00:03:53,539 --> 00:03:56,690 Suze: which is Laurie Robinson is the head of it. Laurie. 53 00:03:56,699 --> 00:04:00,190 Suze: I love you so much. She actually gave Colo and 54 00:04:00,199 --> 00:04:04,928 Suze: Annie their own suite in the Bellagio, which is where 55 00:04:04,940 --> 00:04:06,339 Suze: the event was 56 00:04:07,160 --> 00:04:12,070 Suze: and everything was set. We were ready to go and 57 00:04:12,080 --> 00:04:13,380 Suze: Colo gets a call 58 00:04:14,479 --> 00:04:15,759 Suze: from his mother 59 00:04:16,540 --> 00:04:23,119 Suze: saying that his brother passed away about an hour ago. 60 00:04:23,890 --> 00:04:28,390 Suze: He was standing in front of his mom. He said, mom, 61 00:04:28,399 --> 00:04:32,119 Suze: my chest hurts and she said, let's go to the 62 00:04:32,130 --> 00:04:35,660 Suze: doctor's right now. And he said, no, it'll go away. 63 00:04:36,410 --> 00:04:39,469 Suze: Mom. My chest is still hurting. Let's go to the 64 00:04:39,480 --> 00:04:44,190 Suze: doctor's now. Mom. Maybe if I just stretch, maybe I've 65 00:04:44,200 --> 00:04:47,709 Suze: pulled a little muscle or something. Let me just stretch 66 00:04:47,720 --> 00:04:52,750 Suze: and see what happens. He stretches, drops dead. 67 00:04:54,260 --> 00:04:57,070 Suze: So that's the news that Colo got. 68 00:04:57,779 --> 00:05:02,920 Suze: So obviously he got on a plane not to Las Vegas. 69 00:05:03,238 --> 00:05:08,359 Suze: He and Annie got on a plane going to Colombia 70 00:05:09,059 --> 00:05:13,640 Suze: and I have to tell you it absolutely broke my 71 00:05:13,649 --> 00:05:19,390 Suze: heart because you've seen Colo, you know how emotional he is. 72 00:05:19,420 --> 00:05:21,880 Suze: Like he took out, do you remember this one year 73 00:05:21,890 --> 00:05:23,959 Suze: where I was showing you videos and he took out 74 00:05:23,970 --> 00:05:26,719 Suze: a picture of his dog Toby and because he miss 75 00:05:26,730 --> 00:05:30,480 Suze: Toby so much, he started to cry. So he is 76 00:05:30,488 --> 00:05:36,640 Suze: an incredibly emotional and sensitive and fabulous and always happy 77 00:05:36,649 --> 00:05:37,750 Suze: human being. 78 00:05:38,369 --> 00:05:40,909 Suze: And as you know, over the past 10 years that 79 00:05:40,920 --> 00:05:43,920 Suze: Colo and KT and I have been together, it's almost 80 00:05:43,928 --> 00:05:46,489 Suze: now as if he is our son. He lives with 81 00:05:46,500 --> 00:05:49,390 Suze: us and does everything with us. 82 00:05:50,600 --> 00:05:53,019 Suze: And about two days later, 83 00:05:53,750 --> 00:05:56,609 Suze: I get a text from Colo 84 00:05:57,940 --> 00:06:01,279 Suze: and he says to me and this broke my heart everybody. 85 00:06:01,829 --> 00:06:06,589 Suze: He says to me, Suze, I'm not the same Colo 86 00:06:06,600 --> 00:06:08,880 Suze: any more. I'm so sorry. 87 00:06:10,209 --> 00:06:15,380 Suze: Now I know eventually he'll be the same Colo because 88 00:06:15,390 --> 00:06:19,019 Suze: there's no way for Colo to really change who he is. 89 00:06:19,760 --> 00:06:22,849 Suze: So I understand that he will mourn his brother who 90 00:06:22,859 --> 00:06:26,899 Suze: we loved, who was only 53 by the way, so much. 91 00:06:27,760 --> 00:06:30,799 Suze: And that I tell you that story 92 00:06:31,670 --> 00:06:35,130 Suze: also because there's always a lesson to be learned in 93 00:06:35,140 --> 00:06:38,669 Suze: a story. I tell you it number one so that, 94 00:06:38,678 --> 00:06:42,170 Suze: you know, Colo never made it to Las Vegas. But 95 00:06:42,178 --> 00:06:43,190 Suze: number two, 96 00:06:43,928 --> 00:06:48,410 Suze: do you have everything in order if that were to 97 00:06:48,420 --> 00:06:52,670 Suze: happen to you or to a loved one? Do you, 98 00:06:53,070 --> 00:06:56,599 Suze: do you have your will trust advance directive and durable 99 00:06:56,609 --> 00:06:59,279 Suze: power of attorney for health care? Do you have everything 100 00:06:59,290 --> 00:07:02,679 Suze: in order as to a place where everybody knows where 101 00:07:02,690 --> 00:07:05,109 Suze: your bank accounts are and this and that 102 00:07:06,130 --> 00:07:07,000 Suze: do you? 103 00:07:07,779 --> 00:07:11,149 Suze: I can only pray that you do 104 00:07:12,109 --> 00:07:14,809 Suze: on the better side of the news. However, 105 00:07:15,450 --> 00:07:19,730 Suze: it was very fascinating because this was going to be 106 00:07:19,739 --> 00:07:26,589 Suze: my first large talk to thousands of women and I 107 00:07:26,600 --> 00:07:29,750 Suze: had given two talks, one in Abu Dhabi, but that 108 00:07:29,760 --> 00:07:33,260 Suze: was only to like 200 women and the other one 109 00:07:33,350 --> 00:07:37,500 Suze: at Telemundo. And again, that one was only to 200 women. 110 00:07:37,799 --> 00:07:41,290 Suze: It's very different when you walk on a stage and 111 00:07:41,299 --> 00:07:44,109 Suze: you can't even see all the way to the back 112 00:07:44,119 --> 00:07:44,950 Suze: of the room. 113 00:07:45,489 --> 00:07:49,970 Suze: And all you see are thousands of women and it 114 00:07:49,980 --> 00:07:55,828 Suze: takes a different power, a different energy to carry thousands 115 00:07:55,839 --> 00:07:59,390 Suze: of women and keep them with you. Then it does 116 00:07:59,399 --> 00:08:04,619 Suze: 200 or 50 or whatever. Once it's over three or 5000, 117 00:08:04,779 --> 00:08:08,070 Suze: it's the same as if it's 50,000, believe it or 118 00:08:08,079 --> 00:08:12,209 Suze: not because you can't see anybody anyway, but it's, it 119 00:08:12,220 --> 00:08:13,670 Suze: was a different energy 120 00:08:13,959 --> 00:08:17,559 Suze: and all morning I was, and I'm not joking about 121 00:08:17,570 --> 00:08:19,220 Suze: this and KT can tell you 122 00:08:19,899 --> 00:08:22,799 Suze: we were getting dressed, KT was doing my makeup because 123 00:08:22,809 --> 00:08:27,630 Suze: she does do my makeup and I was almost hyperventilating everybody. 124 00:08:28,429 --> 00:08:33,500 Suze: I mean, I was literally hyperventilating. What can I tell you? 125 00:08:34,020 --> 00:08:37,929 Suze: And it was a long walk from our hotel room 126 00:08:37,940 --> 00:08:40,929 Suze: all the way down to where the ballroom is at 127 00:08:40,940 --> 00:08:44,819 Suze: the Bellagio and the whole time I'm trying to breathe 128 00:08:44,830 --> 00:08:47,590 Suze: and people are waving at me and I'm just trying 129 00:08:47,599 --> 00:08:51,169 Suze: to breathe and I get to the little dressing room 130 00:08:51,179 --> 00:08:54,250 Suze: finally and I change my clothes and I'm ready 131 00:08:54,619 --> 00:08:57,840 Suze: and I'm still a little bit nervous or whatever you 132 00:08:57,849 --> 00:09:01,150 Suze: want to call it. And KT kept saying, Suze, you've 133 00:09:01,159 --> 00:09:03,840 Suze: done this a million times. Come on, get it together. 134 00:09:04,900 --> 00:09:08,580 Suze: And what was so great is as soon as I 135 00:09:08,590 --> 00:09:10,530 Suze: took the stage 136 00:09:11,739 --> 00:09:16,010 Suze: and I walked on the platforms there and in front 137 00:09:16,020 --> 00:09:19,739 Suze: of the audience and all thousands of those women stood 138 00:09:19,750 --> 00:09:21,159 Suze: up and they were applauding 139 00:09:21,859 --> 00:09:27,390 Suze: everything, my fear, everything went away. And it maybe was 140 00:09:27,400 --> 00:09:31,559 Suze: one of the best talks I've ever given in terms 141 00:09:31,570 --> 00:09:36,260 Suze: of engaging with the audience and engaging with the moderator, 142 00:09:36,270 --> 00:09:41,000 Suze: Laurie and the things that came out of my mouth fabulous. 143 00:09:41,429 --> 00:09:46,530 Suze: So it was so successful, I can't even tell you. 144 00:09:46,770 --> 00:09:49,020 Suze: And then right after the talk, 145 00:09:49,659 --> 00:09:53,280 Suze: just an hour after the talk, we packed up, went 146 00:09:53,289 --> 00:09:55,780 Suze: to the plane and came home and we were home 147 00:09:55,789 --> 00:09:59,520 Suze: four hours later and I'm so happy to be so. 148 00:10:00,099 --> 00:10:04,919 Suze: All right. That's the update, whether you were interested or not. 149 00:10:06,099 --> 00:10:10,979 Suze: And just one more thing before we start true Suze School, 150 00:10:10,989 --> 00:10:14,400 Suze: which is the other day, I met a woman in 151 00:10:14,409 --> 00:10:17,619 Suze: a store by the name of Patti and we had 152 00:10:17,630 --> 00:10:21,199 Suze: this incredible connection and she told me that she always 153 00:10:21,210 --> 00:10:23,849 Suze: listens to the Women and Money podcast. And I said, 154 00:10:23,859 --> 00:10:29,099 Suze: listen on Sunday because I'll give you a shout out. So, Patti. Yeah, 155 00:10:29,109 --> 00:10:30,830 Suze: that's for you. 156 00:10:32,320 --> 00:10:37,500 Suze: Let's do a little recap about what's going on right 157 00:10:37,510 --> 00:10:39,940 Suze: now in the economy that will affect you 158 00:10:40,840 --> 00:10:44,289 Suze: and really what should you be doing? What shouldn't you 159 00:10:44,299 --> 00:10:49,789 Suze: be doing and everything like that? Now, let's start with 160 00:10:49,799 --> 00:10:55,739 Suze: what happened a few days ago, which is the jobs report. 161 00:10:56,419 --> 00:11:00,489 Suze: Now, everybody thought in the jobs report really everybody is 162 00:11:00,500 --> 00:11:04,400 Suze: how many people have gotten jobs and the more people 163 00:11:04,409 --> 00:11:08,679 Suze: that get jobs, the unemployment rate goes down, which is good. 164 00:11:09,320 --> 00:11:11,890 Suze: And the more people that get jobs, the more money 165 00:11:11,900 --> 00:11:14,909 Suze: they make and it just shows that the economy is 166 00:11:14,919 --> 00:11:20,200 Suze: strong and the prediction was 100 50,000 jobs were going 167 00:11:20,210 --> 00:11:24,260 Suze: to have been gained. Instead, it came in at about 168 00:11:24,270 --> 00:11:27,890 Suze: 250,000 jobs, 169 00:11:28,320 --> 00:11:32,340 Suze: which means everything is strong and things like that good 170 00:11:32,349 --> 00:11:35,130 Suze: news for the stock market. Maybe you saw the stock 171 00:11:35,140 --> 00:11:38,460 Suze: market go up, maybe you've been watching it go up, 172 00:11:38,469 --> 00:11:40,939 Suze: maybe you've been watching the stocks we've talked about in 173 00:11:40,950 --> 00:11:45,108 Suze: the past. Go up and up. Especially Palantir. Can you 174 00:11:45,119 --> 00:11:49,900 Suze: believe it's at 40? Really? Everybody just say him anyway. 175 00:11:50,619 --> 00:11:56,840 Suze: So because of that, however, we may see Jay Powell 176 00:11:56,849 --> 00:12:02,750 Suze: slow down in his decreasing of interest rates. At least 177 00:12:02,760 --> 00:12:05,059 Suze: that's what everybody is saying. 178 00:12:05,890 --> 00:12:09,380 Suze: So for some of us, that's good news for some 179 00:12:09,390 --> 00:12:12,750 Suze: of us, it's not that good of news for those 180 00:12:12,760 --> 00:12:15,599 Suze: of you who have been used to keeping your money 181 00:12:15,609 --> 00:12:18,650 Suze: in money market accounts or six month T Bills or, 182 00:12:18,840 --> 00:12:21,510 Suze: you know, one year, two year CDs or whatever 183 00:12:21,599 --> 00:12:24,530 Suze: they are. You've been liking the interest rates that you 184 00:12:24,539 --> 00:12:27,619 Suze: were getting and you were afraid that if he continues 185 00:12:27,630 --> 00:12:31,210 Suze: to lower the Fed Funds Rate and everything, your interest 186 00:12:31,219 --> 00:12:35,500 Suze: rates will go down in all of those instruments and 187 00:12:35,510 --> 00:12:37,179 Suze: in fact, they will, 188 00:12:37,940 --> 00:12:43,200 Suze: and then you start to write me and you're thinking, well, Suze, 189 00:12:43,789 --> 00:12:47,669 Suze: does that mean if he's not going to be lowering 190 00:12:47,679 --> 00:12:51,869 Suze: the Fed Funds Rate as fast as everybody thinks 191 00:12:52,650 --> 00:12:58,319 Suze: that interest rates will not go down as fast as 192 00:12:58,330 --> 00:13:02,510 Suze: they would have before. Did that make sense? Everybody? Ok. 193 00:13:03,549 --> 00:13:07,130 Suze: So here's what I want to tell you, in my opinion, 194 00:13:07,409 --> 00:13:11,289 Suze: it doesn't exactly work that way. 195 00:13:12,599 --> 00:13:16,979 Suze: And given that, you know, Alliant Credit Union sponsors this 196 00:13:16,989 --> 00:13:22,729 Suze: podcast and they sponsor this podcast because I absolutely love 197 00:13:22,739 --> 00:13:27,580 Suze: Alliant Credit Union. Just a week ago, by the way, 198 00:13:27,619 --> 00:13:31,179 Suze: Dennis Devine, the CEO of Alliant Credit Union 199 00:13:31,849 --> 00:13:35,700 Suze: and Sumeet Grover. He's either the coo or CMO or 200 00:13:35,710 --> 00:13:40,400 Suze: something like that. But I love him dearly anyway, they 201 00:13:40,409 --> 00:13:42,659 Suze: came all the way to Florida 202 00:13:43,570 --> 00:13:48,150 Suze: to talk about. What else can we do? What else 203 00:13:48,159 --> 00:13:51,989 Suze: can we provide for you, the listeners that you need 204 00:13:52,000 --> 00:13:54,510 Suze: and that you want and how can we make things 205 00:13:54,520 --> 00:13:57,950 Suze: better and things like that? And I talked about the 206 00:13:57,960 --> 00:14:02,228 Suze: safety of Alliant Credit Union and what backs everything. And 207 00:14:02,239 --> 00:14:06,500 Suze: I left feeling more secure than ever. 208 00:14:06,770 --> 00:14:10,950 Suze: And as I've told you many times, it's not necessarily 209 00:14:10,960 --> 00:14:14,109 Suze: about getting the highest interest rate, 210 00:14:15,200 --> 00:14:19,140 Suze: it's about getting the going interest rate with the most 211 00:14:19,150 --> 00:14:22,760 Suze: safety in terms of what's backing that interest rate. So 212 00:14:22,770 --> 00:14:27,739 Suze: that you never have to an experience using NCUA insurance 213 00:14:27,750 --> 00:14:31,570 Suze: or FDIC insurance if you're at the bank. And I 214 00:14:31,580 --> 00:14:36,299 Suze: feel that way about Alliant Credit Union. All right. 215 00:14:37,119 --> 00:14:40,619 Suze: So the reason that I'm talking to you about this 216 00:14:41,039 --> 00:14:45,559 Suze: is that I just have a feeling not just with 217 00:14:45,570 --> 00:14:50,080 Suze: Alliant Credit Union, but all the banks, all the credit 218 00:14:50,090 --> 00:14:54,369 Suze: unions that rather than interest rates going up 219 00:14:55,520 --> 00:15:00,460 Suze: are just staying the same even, they're probably going to 220 00:15:00,469 --> 00:15:07,179 Suze: continue to lower interest rates by either 0.20 or 0.30% 221 00:15:08,119 --> 00:15:11,460 Suze: because that's just how it works or that's how it's 222 00:15:11,469 --> 00:15:15,419 Suze: worked in the past. So currently, and the reason I'm 223 00:15:15,429 --> 00:15:18,320 Suze: telling you this is that if you have money, you 224 00:15:18,330 --> 00:15:20,419 Suze: want to invest and let's say you wanna do it 225 00:15:20,700 --> 00:15:23,619 Suze: at Alliant Credit Union and to do so by the way, 226 00:15:23,630 --> 00:15:26,460 Suze: you would go to my alliant.com 227 00:15:27,460 --> 00:15:31,090 Suze: and let's say you want to buy a certificate, a 228 00:15:31,099 --> 00:15:32,400 Suze: deposit there. 229 00:15:33,219 --> 00:15:37,090 Suze: Currently, the interest rates, I want you to listen to this, 230 00:15:37,289 --> 00:15:44,219 Suze: the 12 month is 4.5%. And remember these are variable 231 00:15:44,229 --> 00:15:48,690 Suze: in terms of maturity. So if there's a 12 month 232 00:15:48,700 --> 00:15:53,559 Suze: maturity and the next maturity is 18 months, 233 00:15:54,039 --> 00:15:59,070 Suze: then you can actually get a 17 month and 30 234 00:15:59,140 --> 00:16:04,460 Suze: day certificate of deposit for the current rate of 4.5% 235 00:16:04,469 --> 00:16:07,340 Suze: which is what the 12 month is at the same 236 00:16:07,349 --> 00:16:11,299 Suze: with the 18 month. If you want the 18 month, 237 00:16:11,419 --> 00:16:14,599 Suze: the next maturity is two years, you can go all 238 00:16:14,609 --> 00:16:17,700 Suze: the way to 23 months and 30 days. Do you 239 00:16:17,710 --> 00:16:20,859 Suze: understand how it works? So, just know that, 240 00:16:21,229 --> 00:16:26,119 Suze: but currently the 12 month is at 4.5%. The 18 241 00:16:26,130 --> 00:16:28,820 Suze: month is at four and a quarter percent. The two 242 00:16:28,830 --> 00:16:33,969 Suze: years is at 4%. The three years is at 3.80%. 243 00:16:34,109 --> 00:16:38,849 Suze: The four years is at 3.65% and the five years 244 00:16:38,859 --> 00:16:45,700 Suze: is at 3.65%. And you would add another 0.5% for 245 00:16:45,710 --> 00:16:49,000 Suze: amounts of $75,000 or over. 246 00:16:49,359 --> 00:16:52,359 Suze: So like the 12 month for 75,000 or more would 247 00:16:52,369 --> 00:16:58,119 Suze: be 4.55%. So that's how you would do it if 248 00:16:58,130 --> 00:17:04,300 Suze: you are thinking about getting a certificate of deposit. If 249 00:17:04,310 --> 00:17:09,819 Suze: I were you, I would act on it tomorrow. I 250 00:17:09,829 --> 00:17:10,959 Suze: just would 251 00:17:11,189 --> 00:17:15,530 Suze: because remember these rates changed on October 1st, they changed 252 00:17:15,540 --> 00:17:18,829 Suze: very fast. They caught all of us by surprise and 253 00:17:18,839 --> 00:17:20,010 Suze: they did come down. 254 00:17:21,359 --> 00:17:24,479 Suze: I don't see a reason why you know that can't 255 00:17:24,489 --> 00:17:29,060 Suze: happen again. So this is the interest rate environment that 256 00:17:29,069 --> 00:17:33,660 Suze: you take. What's being offered, especially with certificates of deposits 257 00:17:33,670 --> 00:17:36,329 Suze: that work different than treasuries. 258 00:17:37,010 --> 00:17:40,530 Suze: So, if you are going to do it now is 259 00:17:40,540 --> 00:17:44,910 Suze: the time to do it. Um, just in case and 260 00:17:44,920 --> 00:17:48,050 Suze: maybe I'm wrong, maybe the interest rates will go up, 261 00:17:48,189 --> 00:17:54,579 Suze: but just same, that's interest rates when it comes to 262 00:17:54,589 --> 00:17:56,709 Suze: certificates of deposits. 263 00:17:57,420 --> 00:18:03,919 Suze: Next, interest rates on treasuries. I'm still sticking by the 264 00:18:03,930 --> 00:18:08,409 Suze: fact that if you're going to invest in treasuries, you 265 00:18:08,420 --> 00:18:12,170 Suze: should stick in the medium area, which is three years, 266 00:18:12,180 --> 00:18:15,530 Suze: five years, seven years right in there. That's what I 267 00:18:15,540 --> 00:18:19,619 Suze: would be buying if I were buying treasuries. However, the 268 00:18:19,630 --> 00:18:26,319 Suze: third year has ticked back up again to almost 4.2%. 269 00:18:27,130 --> 00:18:31,780 Suze: And if you wanna lock in 4.2% and if you 270 00:18:31,790 --> 00:18:34,229 Suze: don't care if it goes to 43 or 44, forget 271 00:18:34,239 --> 00:18:38,189 Suze: about that for a second here. You wanna lock in 4.2% 272 00:18:38,199 --> 00:18:39,500 Suze: with some of your money 273 00:18:40,449 --> 00:18:43,729 Suze: and maybe you just want to keep it there for 274 00:18:43,739 --> 00:18:46,719 Suze: a long period of time and see what happens. You 275 00:18:46,729 --> 00:18:51,089 Suze: might dip your toe into that as well. So that's 276 00:18:51,099 --> 00:18:56,790 Suze: what's happening with interest rates. Let's talk about oil for 277 00:18:56,800 --> 00:18:57,420 Suze: a second. 278 00:18:58,459 --> 00:19:01,569 Suze: Do you remember how for the past, I don't know, 279 00:19:02,000 --> 00:19:04,949 Suze: month or so? I've been telling you, it scares me. 280 00:19:04,959 --> 00:19:08,359 Suze: We may go to war and it's just, you know, 281 00:19:08,369 --> 00:19:10,839 Suze: I just want us to be careful here, but the 282 00:19:10,849 --> 00:19:14,520 Suze: stock market itself kept marching up and up and up 283 00:19:14,530 --> 00:19:19,750 Suze: straight north, everything was great about that and oil was 284 00:19:19,760 --> 00:19:23,839 Suze: going down and down, which meant that 285 00:19:24,150 --> 00:19:30,429 Suze: especially Devon symbol, DVN and Diamondback, which was another oil 286 00:19:30,439 --> 00:19:34,770 Suze: company that I told you. I really, really liked, especially 287 00:19:34,979 --> 00:19:39,089 Suze: when Pioneer got called away from all of us, or 288 00:19:39,099 --> 00:19:41,010 Suze: in fact, you sold it 289 00:19:41,660 --> 00:19:45,689 Suze: that those were two stocks you might wanna get into. 290 00:19:46,310 --> 00:19:51,879 Suze: And what was fascinating is that even though there was 291 00:19:51,890 --> 00:19:55,780 Suze: threat of war and everything, oil was still going down, 292 00:19:55,790 --> 00:20:01,349 Suze: which meant when oil goes down, the price of your 293 00:20:01,359 --> 00:20:05,469 Suze: energy stocks like FANG, which is the symbol FANG for 294 00:20:05,479 --> 00:20:08,359 Suze: Diamondback or Devon 295 00:20:09,040 --> 00:20:11,979 Suze: go down as well. 296 00:20:12,819 --> 00:20:15,560 Suze: So it was around that time October 1st 297 00:20:16,439 --> 00:20:20,959 Suze: that Israel really went for it in Lebanon 298 00:20:21,900 --> 00:20:30,250 Suze: talking about possibly attacking Iran's nuclear facilities, possibly their oil fields. 299 00:20:30,260 --> 00:20:33,770 Suze: Some of them anyway, are speculating about that. 300 00:20:34,530 --> 00:20:41,790 Suze: That oil actually now turned around on October 1st. That's 301 00:20:41,800 --> 00:20:47,459 Suze: like five days ago. It was at $66 a barrel 302 00:20:48,250 --> 00:20:57,719 Suze: today. It's right around $75 a barrel. That's approximately a 13% 303 00:20:57,729 --> 00:21:03,280 Suze: increase in five days. Now, a lot of you have 304 00:21:03,290 --> 00:21:07,280 Suze: been writing me and you've been saying, should we get 305 00:21:07,290 --> 00:21:10,639 Suze: out of Devon, should we get out of FANG? They're 306 00:21:10,650 --> 00:21:14,560 Suze: only paying a four or 5% dividend and things like that. 307 00:21:14,569 --> 00:21:16,319 Suze: What should we do, Suze? 308 00:21:17,199 --> 00:21:21,589 Suze: And sometimes I answer sometimes I don't, but I've wanted 309 00:21:21,599 --> 00:21:26,910 Suze: you to keep them for times like this. You can't 310 00:21:26,920 --> 00:21:31,180 Suze: just have a portfolio made up of energy stocks 311 00:21:32,060 --> 00:21:36,979 Suze: or you can't just have a portfolio necessarily made up 312 00:21:36,989 --> 00:21:43,119 Suze: of biotech stocks or mega cap stocks or whatever it 313 00:21:43,130 --> 00:21:48,000 Suze: may be. You need some diversification but it can't all 314 00:21:48,010 --> 00:21:53,869 Suze: be in just one area. That's my belief, doesn't mean 315 00:21:53,880 --> 00:21:56,000 Suze: that you can't have a few, quite a few. 316 00:21:56,459 --> 00:21:58,579 Suze: But a lot of you, when I give you the 317 00:21:58,589 --> 00:22:03,560 Suze: name of a stock or an ETF, I like you 318 00:22:03,569 --> 00:22:06,569 Suze: go ahead and you buy it, but you don't buy 319 00:22:06,579 --> 00:22:11,280 Suze: anything else. You just buy that one stock 320 00:22:12,020 --> 00:22:15,639 Suze: and that's when it starts to get hard. Because if 321 00:22:15,650 --> 00:22:18,979 Suze: energy gets hit, all you can see is the one 322 00:22:18,989 --> 00:22:22,300 Suze: stock that you have go down and down and down 323 00:22:22,310 --> 00:22:24,280 Suze: and down as energy is going down. 324 00:22:25,089 --> 00:22:28,790 Suze: But then when things like this start to happen, hopefully 325 00:22:28,800 --> 00:22:31,910 Suze: they will go up and up and up, we'll see 326 00:22:31,920 --> 00:22:35,869 Suze: where they go. Therefore, at this point in time, I 327 00:22:35,880 --> 00:22:38,719 Suze: would pretty much hold on if I were you just 328 00:22:38,729 --> 00:22:44,989 Suze: to see where they go and what happens just that simple, everybody. 329 00:22:46,410 --> 00:22:52,750 Suze: Next, gold. KT and I last week actually gathered, I'm 330 00:22:52,760 --> 00:22:56,040 Suze: telling you to all be doing this as well. Gathered 331 00:22:56,050 --> 00:23:03,709 Suze: all the gold necklaces, thin ones, little tiny bracelets, little rings, 332 00:23:03,719 --> 00:23:07,180 Suze: things that we haven't worn in maybe 20 years that 333 00:23:07,189 --> 00:23:11,689 Suze: have just accumulated. And we took all of that down 334 00:23:11,770 --> 00:23:15,510 Suze: to a gold dealer here in Boca Raton, Florida. 335 00:23:15,910 --> 00:23:19,630 Suze: And we waited and did all of that and walked 336 00:23:19,640 --> 00:23:23,520 Suze: away with a very, very nice check. 337 00:23:24,520 --> 00:23:30,050 Suze: And so therefore if you have gold sitting around your 338 00:23:30,060 --> 00:23:34,489 Suze: house right now, little chains, little, this little that, that 339 00:23:34,500 --> 00:23:37,689 Suze: you might not think is worth a lot. It, it 340 00:23:37,699 --> 00:23:41,129 Suze: kind of is just so, you know, everybody, it wouldn't 341 00:23:41,140 --> 00:23:45,770 Suze: kill you to find a reputable dealer where you could 342 00:23:45,780 --> 00:23:48,688 Suze: take your gold to some place near you where you 343 00:23:48,699 --> 00:23:53,280 Suze: live and just get an estimate of what it's worth 344 00:23:54,339 --> 00:23:58,369 Suze: for us. We got on things honest to God, we 345 00:23:58,380 --> 00:24:01,188 Suze: haven't used, we haven't looked at, we didn't even know 346 00:24:01,199 --> 00:24:03,849 Suze: they were in the drawer because mainly we're on the 347 00:24:03,859 --> 00:24:07,630 Suze: island and we don't wear anything anymore. We got enough 348 00:24:07,640 --> 00:24:10,900 Suze: to fund, if I was allowed to, fund it a 349 00:24:10,920 --> 00:24:12,410 Suze: Roth IRA. 350 00:24:13,609 --> 00:24:18,430 Suze: And so, so many of you are looking for extra money, 351 00:24:18,439 --> 00:24:21,239 Suze: you're looking for a way to put more money away 352 00:24:21,250 --> 00:24:23,760 Suze: or dollar cost average in the markets or whatever it 353 00:24:23,770 --> 00:24:27,000 Suze: is or to pay down your credit card debt. I 354 00:24:27,010 --> 00:24:32,069 Suze: got news. You might even if it's $100. Oh my God. 355 00:24:32,939 --> 00:24:37,939 Suze: $200. That's a whole lot of money. Sometimes everybody that 356 00:24:37,949 --> 00:24:42,469 Suze: can help you exactly how you need to be helped. 357 00:24:43,380 --> 00:24:46,239 Suze: Next, the stock market. 358 00:24:46,930 --> 00:24:50,930 Suze: I mentioned it briefly a few minutes ago but it 359 00:24:50,939 --> 00:24:57,750 Suze: seems that the market doesn't want to stop. Especially NVIDIA 360 00:24:57,890 --> 00:25:03,650 Suze: and the ETF SMH and Palantir, especially at $40 a 361 00:25:03,660 --> 00:25:10,069 Suze: share and those kinds of stocks are doing relatively fabulous. Fabulous. 362 00:25:10,780 --> 00:25:15,389 Suze: And so currently the markets are going up. 363 00:25:15,900 --> 00:25:18,040 Suze: I still think there will come a time when they 364 00:25:18,050 --> 00:25:20,958 Suze: turn around and come down for a brief period of 365 00:25:20,969 --> 00:25:23,680 Suze: time or I don't even care how long they stay down. 366 00:25:23,859 --> 00:25:27,280 Suze: But that's obviously when you would be dollar cost averaging 367 00:25:27,290 --> 00:25:31,280 Suze: into your positions with these. But all of you should 368 00:25:31,290 --> 00:25:37,079 Suze: be feeling really, really good. Now, as you know, we're 369 00:25:37,089 --> 00:25:41,438 Suze: waiting to see when does Mr Keith Fitzgerald come out 370 00:25:41,449 --> 00:25:42,880 Suze: with his program. 371 00:25:43,540 --> 00:25:47,260 Suze: But what I realized is that for many of you, 372 00:25:48,079 --> 00:25:50,160 Suze: you don't have to wait. 373 00:25:50,890 --> 00:25:54,569 Suze: It doesn't mean that you don't participate in what's going 374 00:25:54,579 --> 00:25:58,390 Suze: on now with the markets forever. I've told you that 375 00:25:58,400 --> 00:26:02,020 Suze: one way to invest in the stock markets is through 376 00:26:02,030 --> 00:26:07,389 Suze: dollar cost averaging with the ETF VTI, the Vanguard Total 377 00:26:07,400 --> 00:26:10,649 Suze: Stock Market ETF, over 2000 stocks in there. 378 00:26:10,780 --> 00:26:15,599 Suze: Buys the whole market or the Standard and Poor's 500 index, 379 00:26:15,609 --> 00:26:20,169 Suze: either the Spiders, the SPY or the VOO, all of 380 00:26:20,180 --> 00:26:24,099 Suze: them are doing fabulous. So if you're one of those 381 00:26:24,109 --> 00:26:26,909 Suze: that you really don't care that you're getting maybe the 382 00:26:26,920 --> 00:26:31,359 Suze: best returns, but you're getting really great returns and you 383 00:26:31,369 --> 00:26:33,640 Suze: just wanna be able to do one thing and not 384 00:26:33,650 --> 00:26:36,250 Suze: worry about it and do it month in and month 385 00:26:36,260 --> 00:26:38,510 Suze: out and just like clock work, 386 00:26:39,099 --> 00:26:41,689 Suze: then that's what you should be doing and you should 387 00:26:41,699 --> 00:26:46,969 Suze: not be waiting for anything else. I also like the QQQs, 388 00:26:46,979 --> 00:26:49,729 Suze: as you know, if you just want to make your 389 00:26:49,739 --> 00:26:57,069 Suze: life easy, you can do that. Also, in August, when 390 00:26:57,079 --> 00:26:59,179 Suze: I gave you stocks, you're gonna have to go back 391 00:26:59,189 --> 00:27:03,270 Suze: and listen to the podcast, everybody. As well as January 7th, 392 00:27:03,339 --> 00:27:06,199 Suze: the January 7th portfolio 393 00:27:07,260 --> 00:27:14,239 Suze: that I gave you back on January 7th is up 16.63% 394 00:27:14,250 --> 00:27:15,739 Suze: as of today, 395 00:27:16,479 --> 00:27:26,739 Suze: I gave you seven ETFs back then And they are XLC, XLK, XLV, XLF, ITB, 396 00:27:26,750 --> 00:27:33,780 Suze: XBI and DIA are the symbols and they've done fabulous. 397 00:27:33,989 --> 00:27:38,339 Suze: But then again, maybe we decided to change a little. 398 00:27:38,400 --> 00:27:40,819 Suze: So then it was on August 5th 399 00:27:41,420 --> 00:27:46,859 Suze: that I also gave you eight more stocks, ETFs things 400 00:27:46,869 --> 00:27:56,069 Suze: like that, which were GLD, IBIT - IBIT, XLV, IYR, CTRE, O, 401 00:27:56,079 --> 00:28:03,290 Suze: XLP and XLU and we're up approximately 7% from that 402 00:28:03,300 --> 00:28:06,359 Suze: date and that was only two months ago. 403 00:28:07,030 --> 00:28:10,089 Suze: So those are still names that I like and that 404 00:28:10,099 --> 00:28:14,439 Suze: you could participate in. But I really want you to 405 00:28:14,449 --> 00:28:21,030 Suze: have diversification and not only buy one stock. So when 406 00:28:21,040 --> 00:28:24,010 Suze: I say buy such and such, I don't want you 407 00:28:24,020 --> 00:28:27,760 Suze: to just buy that and nothing else. And again, I 408 00:28:27,770 --> 00:28:33,169 Suze: want you to dollar cost average into anything that you 409 00:28:33,180 --> 00:28:34,609 Suze: are purchasing. 410 00:28:35,000 --> 00:28:37,920 Suze: I just have to make a quick comment here. I 411 00:28:37,930 --> 00:28:41,819 Suze: was reading on the Women and Money app and somebody said, 412 00:28:41,829 --> 00:28:44,780 Suze: why does Suze only say how well she's doing and 413 00:28:44,790 --> 00:28:47,589 Suze: never how bad. She's done well. The truth is I 414 00:28:47,599 --> 00:28:50,530 Suze: haven't done that bad. You know, I'm looking and I 415 00:28:50,540 --> 00:28:53,420 Suze: can't wait because I may go back on CNBC. You 416 00:28:53,430 --> 00:28:57,410 Suze: never know. I was looking at my CNBC portfolio. I 417 00:28:57,420 --> 00:29:00,979 Suze: just have to say this because I'm so proud of it. 418 00:29:01,239 --> 00:29:03,810 Suze: And if you remember back in October 419 00:29:04,180 --> 00:29:09,000 Suze: of last year, I went on CNBC and I gave them, 420 00:29:09,010 --> 00:29:11,640 Suze: they wanted to know my stock picks for the year 421 00:29:12,050 --> 00:29:17,849 Suze: and I gave them Amazon, Broadcom, Microsoft, Shopify and Palantir. 422 00:29:19,209 --> 00:29:24,790 Suze: And today as of today, one year later, almost all 423 00:29:24,800 --> 00:29:31,880 Suze: of them on average, that portfolio is up 46.35%. 424 00:29:32,380 --> 00:29:35,939 Suze: So I am proud of what I asked you to 425 00:29:35,949 --> 00:29:39,119 Suze: do or what I tell you to do. That doesn't 426 00:29:39,130 --> 00:29:43,750 Suze: mean that I don't make mistakes. I blew it big 427 00:29:43,760 --> 00:29:49,119 Suze: time on Ark, ARKK - Kathy Woods ETF. I blew it so big, 428 00:29:49,130 --> 00:29:50,640 Suze: I can't even stand it. 429 00:29:51,310 --> 00:29:54,540 Suze: I blew it on Upstart. I can't think of what 430 00:29:54,550 --> 00:29:57,650 Suze: else I blew it on. But obviously, oh, I know 431 00:29:57,660 --> 00:30:00,530 Suze: I blew the call when I said all of you, 432 00:30:00,540 --> 00:30:04,410 Suze: I would be selling the Small Cap ETF 433 00:30:05,469 --> 00:30:08,540 Suze: and we shouldn't have sold it because it's been going 434 00:30:08,550 --> 00:30:12,780 Suze: up and up ever since. Also with the stock HIMS. 435 00:30:12,949 --> 00:30:16,479 Suze: I didn't like HIMS for many reasons. We got in 436 00:30:16,489 --> 00:30:19,760 Suze: at 10 and it was going up and up and up. 437 00:30:19,770 --> 00:30:22,119 Suze: It went as high as 20. I think it's still 438 00:30:22,130 --> 00:30:25,439 Suze: back at 16 or 17 or whatever now. But I 439 00:30:25,449 --> 00:30:28,410 Suze: didn't like how they were doing business. So I said 440 00:30:28,420 --> 00:30:29,040 Suze: sell it. 441 00:30:29,920 --> 00:30:34,140 Suze: Mistake? Probably. But not for me because I don't like 442 00:30:34,150 --> 00:30:37,599 Suze: when people do things in a way that just doesn't 443 00:30:37,609 --> 00:30:40,699 Suze: sit right with me. So I tell you all this 444 00:30:40,709 --> 00:30:44,109 Suze: because of course, I make mistakes. Of course, I tell 445 00:30:44,119 --> 00:30:47,199 Suze: you to do things that surprise me and they don't 446 00:30:47,209 --> 00:30:48,180 Suze: work out. 447 00:30:48,750 --> 00:30:53,130 Suze: But when you combine those things with all the things 448 00:30:53,140 --> 00:30:56,430 Suze: over the years that we've told you to do, especially 449 00:30:56,439 --> 00:31:01,099 Suze: the oil stocks back in 2020. The best call I've 450 00:31:01,109 --> 00:31:02,449 Suze: ever made in my life, 451 00:31:03,579 --> 00:31:09,839 Suze: then it all works out and averages out. So losers lose, winners, 452 00:31:09,849 --> 00:31:13,199 Suze: win and when you average them all together, hopefully you're 453 00:31:13,209 --> 00:31:17,160 Suze: up more than down. So for that person who says 454 00:31:17,170 --> 00:31:20,459 Suze: I never talk about anything other than how good I've 455 00:31:20,469 --> 00:31:23,719 Suze: done and pat myself on the back, you're so wrong. 456 00:31:23,729 --> 00:31:26,739 Suze: I can't even tell you. Now, today 457 00:31:27,109 --> 00:31:30,030 Suze: I told you that I was going to do a 458 00:31:30,040 --> 00:31:34,650 Suze: podcast on make a date with your money. 459 00:31:36,189 --> 00:31:36,810 Suze: So 460 00:31:37,540 --> 00:31:40,939 Suze: I may hold that. I may hold it for next 461 00:31:40,949 --> 00:31:44,520 Suze: week if that's ok with you because I got carried 462 00:31:44,530 --> 00:31:49,619 Suze: away with everything. Now, a lot of times all of 463 00:31:49,630 --> 00:31:51,910 Suze: you asked me, well, not all of you, but some 464 00:31:51,920 --> 00:31:54,989 Suze: of you ask me, Suze, can you just summarize and 465 00:31:55,000 --> 00:31:58,959 Suze: tell us in a very succinct way what you think 466 00:31:58,969 --> 00:32:02,920 Suze: we should do where things are going, what we should buy, 467 00:32:02,930 --> 00:32:05,560 Suze: what we should sell and things like that. 468 00:32:06,089 --> 00:32:08,719 Suze: Now, it's hard for me to be specific because I 469 00:32:08,729 --> 00:32:14,150 Suze: don't know enough about your each individual situations and your 470 00:32:14,160 --> 00:32:18,599 Suze: financial makeup. But here is a summary of what I 471 00:32:18,609 --> 00:32:20,949 Suze: just told you ready. 472 00:32:21,439 --> 00:32:25,420 Suze: Number one, don't be surprised in my opinion, to see 473 00:32:25,430 --> 00:32:31,099 Suze: the Standard and Poor's hit 6000. It's at 5700, which 474 00:32:31,109 --> 00:32:33,410 Suze: is why I said to all of you, you could 475 00:32:33,420 --> 00:32:36,510 Suze: dollar cost average into the S and P 500 index 476 00:32:36,520 --> 00:32:41,880 Suze: or the VTI ETF So that is why next, so 477 00:32:41,890 --> 00:32:47,119 Suze: many of you again are asking about SMH. So 478 00:32:47,439 --> 00:32:50,310 Suze: if it fits your profile of what your goals are 479 00:32:50,319 --> 00:32:53,640 Suze: with your money and as I said in the podcast 480 00:32:53,650 --> 00:32:58,180 Suze: a while ago and highlighted again today, yes. Now I 481 00:32:58,189 --> 00:32:59,530 Suze: would be a buyer. 482 00:32:59,810 --> 00:33:04,359 Suze: I think you could see it go up 20% at 483 00:33:04,369 --> 00:33:09,979 Suze: least to, 300. But remember we are in volatile times 484 00:33:09,989 --> 00:33:12,619 Suze: and you never know what can happen. Also, I just 485 00:33:12,630 --> 00:33:15,430 Suze: want to tell you NVIDIA, which I think you could 486 00:33:15,439 --> 00:33:21,910 Suze: easily see go to 150 NVIDIA and Broadcom make up 28% 487 00:33:21,920 --> 00:33:26,030 Suze: of SMH. And by the way, those two stocks make 488 00:33:26,040 --> 00:33:28,579 Suze: up 8% of the S and P. 489 00:33:28,920 --> 00:33:33,599 Suze: So I would be a buyer depending on your financial situation. 490 00:33:33,609 --> 00:33:38,420 Suze: And by the way, I still love Microsoft. Gold, I 491 00:33:38,430 --> 00:33:40,880 Suze: told you that I thought you should gather your gold. Now, 492 00:33:40,890 --> 00:33:43,660 Suze: if you need the money and things like that. However, 493 00:33:43,670 --> 00:33:44,660 Suze: if you don't, 494 00:33:45,359 --> 00:33:49,369 Suze: I do think you could see gold go up to 3000. 495 00:33:49,380 --> 00:33:52,819 Suze: It's right around 2600 right now. But if you need 496 00:33:52,829 --> 00:33:55,699 Suze: or want the money, then follow the advice that I 497 00:33:55,709 --> 00:33:58,750 Suze: just gave you on today's podcast. And by the way, 498 00:33:58,760 --> 00:34:01,060 Suze: for those of you who are metal buffs and you 499 00:34:01,069 --> 00:34:05,219 Suze: wanna know, well, what other commodity? Well, you easily should 500 00:34:05,229 --> 00:34:07,369 Suze: be buying copper then because I think copper 501 00:34:07,459 --> 00:34:12,370 Suze: will be the leader. Speaking about commodities, don't be surprised 502 00:34:12,379 --> 00:34:15,949 Suze: to see crude. I talked about oil. I talked about 503 00:34:15,959 --> 00:34:19,020 Suze: what I thought could happen. So don't be surprised to 504 00:34:19,030 --> 00:34:23,899 Suze: see crude at $100. However, it first has to break 505 00:34:23,909 --> 00:34:30,860 Suze: through resistance at 78,79 and 80. China, China. 506 00:34:31,280 --> 00:34:33,479 Suze: And I know I didn't talk about this in the podcast, 507 00:34:33,489 --> 00:34:35,159 Suze: but as I'm doing this, I might as well just 508 00:34:35,169 --> 00:34:40,949 Suze: add this, right. I think China is positioned to run. 509 00:34:40,959 --> 00:34:45,820 Suze: So depending on your situation, there are many ETFs such 510 00:34:45,830 --> 00:34:46,409 Suze: as FXI 511 00:34:47,399 --> 00:34:53,100 Suze: and FXI stands for the Ishares China large cap ETF. 512 00:34:53,149 --> 00:34:57,120 Suze: And I think you could easily see that run. Also, 513 00:34:57,129 --> 00:35:01,659 Suze: there's another one that I find interesting, symbol is EEM 514 00:35:01,909 --> 00:35:07,409 Suze: and those are the Ishares emerging market ETF. Now, why 515 00:35:07,419 --> 00:35:09,810 Suze: do I like that one? Well, if you look back 516 00:35:09,820 --> 00:35:10,850 Suze: at the election 517 00:35:11,570 --> 00:35:15,929 Suze: in 2020 what this was doing. It's exactly where it's 518 00:35:15,939 --> 00:35:21,020 Suze: at today. At 46 after the election, it ran all 519 00:35:21,030 --> 00:35:25,110 Suze: the way to 58. So I'm just saying, and last, 520 00:35:25,120 --> 00:35:26,580 Suze: but not least because I talked about 521 00:35:26,659 --> 00:35:31,689 Suze: treasuries and interest rates, you will see treasuries go up 522 00:35:31,699 --> 00:35:34,780 Suze: and go higher, but not for the long time. So, 523 00:35:34,790 --> 00:35:39,350 Suze: their upward movement is not to be considered as a 524 00:35:39,360 --> 00:35:41,830 Suze: lasting one. All right. 525 00:35:42,989 --> 00:35:45,860 Suze: And that brings us to the end of another Women 526 00:35:45,870 --> 00:35:48,239 Suze: and Money podcast. And there's only one thing that I 527 00:35:48,250 --> 00:35:50,739 Suze: want you to remember when it comes to your money 528 00:35:50,750 --> 00:35:56,209 Suze: and it is this people first, then money, then things. 529 00:35:56,219 --> 00:35:58,989 Suze: Make sure you've taken care of your loved ones. If 530 00:35:59,000 --> 00:36:03,090 Suze: you do that, stay healthy and happy. Oh, you will 531 00:36:03,100 --> 00:36:05,590 Suze: be unstoppable.