1 00:00:32,400 --> 00:00:39,190 Suze: August 25th 2022. And welcome to the Ask Suze and 2 00:00:39,190 --> 00:00:39,970 KT: KT, 3 00:00:40,270 --> 00:00:45,000 Suze: She gets that cue right every single time everybody, 4 00:00:45,370 --> 00:00:48,200 Suze: Although this is the third or fourth time we've done 5 00:00:48,200 --> 00:00:52,270 Suze: this open, KT tried to open it this morning. Why 6 00:00:52,270 --> 00:00:56,080 Suze: can't you just say it's August 25 and then just talk, what? 7 00:00:56,080 --> 00:00:57,250 Suze: Why can't you do that? 8 00:00:57,260 --> 00:00:59,650 KT: I was trying to fit in what the title is 9 00:00:59,650 --> 00:01:02,150 KT: of what they're listening to but I can't do that. 10 00:01:02,160 --> 00:01:04,080 Suze: Why can't you do that? 11 00:01:04,080 --> 00:01:06,250 KT: I don't know. Come on, keep going. 12 00:01:09,120 --> 00:01:11,770 KT: I'm not good at that Suze because that to me 13 00:01:11,770 --> 00:01:16,500 KT: is like trying to remember everything to hit and I'm 14 00:01:16,500 --> 00:01:18,520 KT: not good at that. I'm more of an ad lib 15 00:01:18,520 --> 00:01:20,340 KT: spontaneous person. 16 00:01:20,350 --> 00:01:21,160 Suze: Really? 17 00:01:21,160 --> 00:01:22,140 KT: Yes. 18 00:01:22,150 --> 00:01:26,090 Suze: None of us knew that. Anyway. As I was saying, 19 00:01:26,090 --> 00:01:29,560 Suze: this is the Ask Suze and KT Anything podcast. Now listen, 20 00:01:29,569 --> 00:01:31,890 Suze: let's just get a few things straight here. 21 00:01:32,240 --> 00:01:35,000 Suze: If you want to ask us a question you have 22 00:01:35,000 --> 00:01:38,520 Suze: two ways to do. So you can send in an 23 00:01:38,530 --> 00:01:43,290 Suze: email to ask Suze That's S. U. Z E podcast 24 00:01:43,300 --> 00:01:47,070 Suze: at gmail dot com or you can download the Women 25 00:01:47,069 --> 00:01:51,130 Suze: and Money app on Apple Apps or Google play and 26 00:01:51,130 --> 00:01:56,560 Suze: submit your question right there. Just that simple. 27 00:01:56,910 --> 00:01:58,370 Suze: Now, what are you looking at me like that? 28 00:01:58,450 --> 00:02:01,610 KT: I want you to remind everybody if they didn't hear your 29 00:02:01,610 --> 00:02:06,400 KT: Monday special drop a few days ago about Alliant and 30 00:02:06,400 --> 00:02:10,060 KT: I call it the do good account. But um everybody, 31 00:02:10,060 --> 00:02:13,440 KT: this was a huge success so far and I opened 32 00:02:13,440 --> 00:02:16,620 KT: a checking account in the name of my grandma. I 33 00:02:16,620 --> 00:02:20,480 KT: opened it in honor of my grandma who died of Alzheimer's. 34 00:02:20,490 --> 00:02:24,040 KT: So remind everybody what we're doing, what Alliant is doing 35 00:02:24,040 --> 00:02:26,250 Suze: now, Why is it everybody that 36 00:02:26,270 --> 00:02:29,030 Suze: I'm the one who has to remind you why you 37 00:02:29,030 --> 00:02:29,980 Suze: remind them, you 38 00:02:29,980 --> 00:02:31,139 Suze: know all the facts 39 00:02:31,139 --> 00:02:32,390 KT: because I don't get it right. 40 00:02:33,880 --> 00:02:36,130 Suze: This is going to be one of those days. I 41 00:02:36,130 --> 00:02:38,450 Suze: can tell you again. All right, so here's the thing 42 00:02:38,450 --> 00:02:41,530 Suze: everybody first of all thank you all because there has 43 00:02:41,530 --> 00:02:44,020 Suze: been a tremendous response already 44 00:02:44,270 --> 00:02:46,730 Suze: for all of you who have opened up what we're 45 00:02:46,730 --> 00:02:52,030 Suze: calling the socially responsible checking account, just go to my 46 00:02:52,040 --> 00:02:55,780 Suze: Alliant A L L I A N T dot com 47 00:02:55,889 --> 00:02:57,359 Suze: slash Good 48 00:02:57,790 --> 00:03:00,800 Suze: and you'll be able to read all about it right 49 00:03:00,800 --> 00:03:06,250 Suze: there or listen to the August 22nd podcast. It tells 50 00:03:06,250 --> 00:03:09,519 Suze: you everything that you need to know and why this 51 00:03:09,530 --> 00:03:14,250 Suze: is so seriously important. Just very briefly you go to 52 00:03:14,250 --> 00:03:18,389 Suze: my Alliant dot com slash Good. You open up a 53 00:03:18,389 --> 00:03:19,630 Suze: checking account 54 00:03:19,990 --> 00:03:25,299 Suze: by simply depositing $100 and if you keep that $100 55 00:03:25,300 --> 00:03:30,970 Suze: in there until the end of February 2023 you just 56 00:03:30,970 --> 00:03:34,340 Suze: do an electronic transfer once a month for any amount 57 00:03:34,340 --> 00:03:39,040 Suze: of money you want in the end of February, you 58 00:03:39,040 --> 00:03:44,370 Suze: will not only get $100 bonus but Alliant will give 59 00:03:44,380 --> 00:03:46,600 Suze: one of three charities, 60 00:03:46,750 --> 00:03:56,210 Suze: $100 bonus as well and therefore cancer Alzheimer's and disabilities. Fabulous. 61 00:03:56,220 --> 00:04:00,070 Suze: You get a wonderful return on your money and we 62 00:04:00,070 --> 00:04:03,740 Suze: help others and all you gotta do is deposit essentially 63 00:04:03,900 --> 00:04:06,720 Suze: $100 to get $100 to give 64 00:04:06,730 --> 00:04:10,790 Suze: $100. Are you kidding me? Anyway, go to August 22 65 00:04:12,390 --> 00:04:13,520 KT: This isn't forever. 66 00:04:13,530 --> 00:04:16,870 Suze: Alright, deadline, KT, is what? 67 00:04:16,870 --> 00:04:18,390 KT: I think October 7th. 68 00:04:18,400 --> 00:04:20,000 Suze: Yeah. You can't miss, this 69 00:04:20,000 --> 00:04:20,870 Suze: opportunity 70 00:04:21,110 --> 00:04:26,790 Suze: It closes October seven, so go on and look it up. 71 00:04:26,800 --> 00:04:28,560 Suze: All right, KT 72 00:04:28,560 --> 00:04:30,920 KT: I felt real good about doing that and remind you my, 73 00:04:30,920 --> 00:04:32,140 KT: my grandma. 74 00:04:32,150 --> 00:04:34,839 Suze: So we have one more thing we want to tell 75 00:04:34,839 --> 00:04:35,919 Suze: everybody 76 00:04:36,190 --> 00:04:41,730 Suze: Because tomorrow is August 26 and tell everybody about August 26, 77 00:04:41,730 --> 00:04:44,599 KT: hopefully it's going to be a great day, a really 78 00:04:44,600 --> 00:04:48,839 KT: great day and long overdue. So Suze needs to take 79 00:04:48,839 --> 00:04:50,230 KT: her gallbladder out 80 00:04:50,400 --> 00:04:54,730 KT: And we booked it on August 26 Friday. So she's 81 00:04:54,730 --> 00:04:58,130 KT: going in early, early, early tomorrow morning. 82 00:04:58,130 --> 00:04:58,850 KT: Hopefully it's 83 00:04:58,850 --> 00:05:03,930 KT: uneventful. This isn't an emergency. It's something we've actually planned 84 00:05:03,930 --> 00:05:08,380 KT: now for eight weeks. So she's going in and hopefully 85 00:05:08,380 --> 00:05:10,700 KT: she'll be home tomorrow night 86 00:05:10,880 --> 00:05:15,930 KT: safe and sound and able to then enjoy any kind 87 00:05:15,930 --> 00:05:17,589 KT: of barbecue she wants. 88 00:05:17,790 --> 00:05:20,280 Suze: There you go. So you know, I always like all of 89 00:05:20,279 --> 00:05:24,020 Suze: you to know what's happening in our lives and that's 90 00:05:24,020 --> 00:05:25,790 Suze: just another thing that's happening. 91 00:05:25,800 --> 00:05:27,440 KT: Yeah, we'll tell you all about it. 92 00:05:27,440 --> 00:05:29,919 Suze: Yeah. And hopefully it'll be great. Alright. 93 00:05:29,920 --> 00:05:33,010 KT: Alright, I have so many great questions here. The first 94 00:05:33,010 --> 00:05:36,420 KT: one is from Hari. Hello, Suze and KT. 95 00:05:36,430 --> 00:05:37,299 Suze: Hello Hari. 96 00:05:37,310 --> 00:05:40,130 KT: Thanks for the amazing podcast. 97 00:05:40,330 --> 00:05:45,039 KT: I have been following your shows and podcasts since 2008. 98 00:05:45,089 --> 00:05:48,080 KT: I bet he has some good stories about the Suze 99 00:05:48,080 --> 00:05:49,080 KT: Orman Show. Right? 100 00:05:49,089 --> 00:05:51,120 Suze: I bet he's going to have some more good story 101 00:05:51,120 --> 00:05:53,320 Suze: shortly about the Suze Orman Show. But that's all I'm 102 00:05:53,320 --> 00:05:54,680 Suze: gonna say for now. Go on. 103 00:05:54,680 --> 00:05:59,270 KT: All right. Do you see any disadvantage in saving emergency 104 00:05:59,270 --> 00:06:04,029 KT: funds in a four week Treasury bill instead of a 105 00:06:04,029 --> 00:06:06,610 KT: high yield online savings account? 106 00:06:06,860 --> 00:06:09,870 KT: And the treasury bill, Suze has an option to auto 107 00:06:09,870 --> 00:06:11,900 KT: renew every four weeks. 108 00:06:12,170 --> 00:06:15,500 Suze: Yeah. Listen, Hari. If you have what it takes to 109 00:06:15,500 --> 00:06:17,800 Suze: figure out how to buy four week Treasury bills? A 110 00:06:17,800 --> 00:06:20,220 Suze: lot of people do not I don't have a problem 111 00:06:20,220 --> 00:06:23,170 Suze: with that one. So ever given that they're paying currently? 112 00:06:23,170 --> 00:06:28,250 Suze: About 2.14%. Not bad, my friend. Alright. 113 00:06:28,260 --> 00:06:32,450 KT: Alright. Next is from Kathy. Hi Suze. If I want 114 00:06:32,450 --> 00:06:38,480 KT: to move my IRA money from my Fidelity 2025 account 115 00:06:38,720 --> 00:06:41,909 KT: to V. T. I should I do it all at 116 00:06:41,910 --> 00:06:46,740 KT: once or dollar cost average instead of bonds which short 117 00:06:46,740 --> 00:06:50,529 KT: term treasuries be a good balance. I'm retired but I 118 00:06:50,529 --> 00:06:53,480 KT: don't plan to use the money for 3 to 5 years. 119 00:06:54,140 --> 00:06:55,130 KT: It's from Kathy. 120 00:06:55,140 --> 00:06:58,380 Suze: Yeah so Kathy. How many of you have heard me 121 00:06:58,380 --> 00:07:03,669 Suze: say over the years. I don't like target date mutual 122 00:07:03,680 --> 00:07:09,450 Suze: funds and a target date. Mutual fund is like Fidelity 2025. 123 00:07:09,460 --> 00:07:13,810 Suze: Where that is the date that Kathy targeted that she 124 00:07:13,810 --> 00:07:16,190 Suze: would be retired and need the money. 125 00:07:16,370 --> 00:07:19,900 Suze: So the way then that Fidelity invests the money is 126 00:07:19,900 --> 00:07:24,290 Suze: that as she gets closer to retirement more and more 127 00:07:24,300 --> 00:07:27,570 Suze: of that portfolio is in bonds. 128 00:07:28,350 --> 00:07:30,980 Suze: I don't think it's about age as to when you 129 00:07:30,980 --> 00:07:34,350 Suze: buy something. I think it's about what is happening in 130 00:07:34,350 --> 00:07:37,930 Suze: the economy as to when you buy something and when 131 00:07:37,940 --> 00:07:41,250 Suze: interest rates are going up that is not the time 132 00:07:41,250 --> 00:07:44,610 Suze: to be in bonds. Now. I could have my facts 133 00:07:44,610 --> 00:07:48,490 Suze: and figures wrong here. But I would imagine that the 134 00:07:48,490 --> 00:07:54,920 Suze: fidelity 2025 account has probably at this point in time 45% 135 00:07:54,930 --> 00:07:57,930 Suze: of its money in bonds. 136 00:07:59,420 --> 00:08:03,360 Suze: It is probably is down 10 or 11% so far on 137 00:08:03,360 --> 00:08:06,630 Suze: the year. Do I think that you might be better 138 00:08:06,640 --> 00:08:11,200 Suze: in different types of investments? Yeah. Do I think that V. T. I. 139 00:08:11,210 --> 00:08:14,850 Suze: Is where I would be going. However given that you 140 00:08:14,850 --> 00:08:18,700 Suze: just have 3-5 years to use this money I do not. 141 00:08:18,930 --> 00:08:23,980 Suze: I think you would be far better in a total E. T. F. 142 00:08:23,990 --> 00:08:27,960 Suze: That's a high yielding dividend paying E. T. F. That 143 00:08:27,970 --> 00:08:30,660 Suze: you have a variety of different stocks paying you good 144 00:08:30,660 --> 00:08:34,420 Suze: dividends or you create that type of portfolio on your own. 145 00:08:34,429 --> 00:08:37,280 Suze: So truthfully I wouldn't be doing V. T. I. At 146 00:08:37,280 --> 00:08:42,170 Suze: this time and I'd probably be switching from the 2025 147 00:08:42,170 --> 00:08:42,860 Suze: account 148 00:08:43,040 --> 00:08:45,140 Suze: to what I just said. All right 149 00:08:45,200 --> 00:08:47,990 KT: Wait till you hear the next question. Everybody here we go 150 00:08:47,990 --> 00:08:52,510 KT: this one. I love. It's from Diane. Hi Suze. Hi KT. Here, 151 00:08:52,510 --> 00:08:55,380 KT: here we go again. That's what she writes. Here we 152 00:08:55,380 --> 00:08:59,089 KT: go again. Another series I bond question 153 00:08:59,870 --> 00:09:01,330 KT: you ready, Suze? 154 00:09:01,510 --> 00:09:02,199 KT: This is 155 00:09:02,200 --> 00:09:06,510 KT: like a puzzle. My husband and I have individual Series 156 00:09:06,520 --> 00:09:11,309 KT: I bond accounts with myself as a secondary on his 157 00:09:11,309 --> 00:09:12,130 KT: account 158 00:09:12,679 --> 00:09:13,059 KT: on 159 00:09:13,059 --> 00:09:18,140 KT: mine. We also have one in a revocable trust. We 160 00:09:18,140 --> 00:09:23,449 KT: purchased a 10,000 gift for each other and put p. o. d. 161 00:09:23,450 --> 00:09:24,730 KT: pay on death. Right. 162 00:09:24,940 --> 00:09:25,699 KT: Are we 163 00:09:25,700 --> 00:09:27,160 KT: able, right? 164 00:09:27,170 --> 00:09:32,790 KT: Are we able to gift 10K. From individual accounts with 165 00:09:32,790 --> 00:09:38,120 KT: the secondary to the individual account with the secondary. You 166 00:09:38,120 --> 00:09:39,750 KT: want to hear her example. 167 00:09:40,340 --> 00:09:41,959 Suze: No, I get it. I get it. 168 00:09:41,970 --> 00:09:46,630 KT: Does everyone listening get it? It's a puzzle answer. What 169 00:09:46,640 --> 00:09:47,800 KT: can she do this 170 00:09:47,800 --> 00:09:51,850 KT: basically what everybody is trying to figure out. 171 00:09:52,090 --> 00:09:56,300 Suze: Right. Especially Diane here is how do you get more 172 00:09:56,300 --> 00:10:02,589 Suze: money into series I bonds but still somehow keep control 173 00:10:02,590 --> 00:10:06,780 Suze: over it. If you listen carefully to the I bond 174 00:10:06,790 --> 00:10:10,949 Suze: podcast I did on gifting bonds. You can gift a 175 00:10:10,950 --> 00:10:14,250 Suze: bond to anybody you want and you can be the 176 00:10:14,250 --> 00:10:16,780 Suze: beneficiary of that bond. 177 00:10:16,970 --> 00:10:21,710 Suze: You cannot gift a bond to somebody and be a 178 00:10:21,710 --> 00:10:25,940 Suze: secondary owner on it. And the reason is when you 179 00:10:25,940 --> 00:10:30,130 Suze: have a secondary owner, that owner can do what they 180 00:10:30,130 --> 00:10:32,860 Suze: can sell the bond. They can look at the bond proceeds. 181 00:10:32,860 --> 00:10:35,210 Suze: they can do anything they want with it as if 182 00:10:35,210 --> 00:10:38,890 Suze: they were the owner. So you can't give something to 183 00:10:38,890 --> 00:10:42,380 Suze: somebody but still retain ownership of it. 184 00:10:42,730 --> 00:10:45,930 Suze: The reason that you can gift a bond to somebody 185 00:10:45,929 --> 00:10:49,840 Suze: and be a beneficiary of that bond is because if 186 00:10:49,840 --> 00:10:53,070 Suze: that person were to die you then could get that 187 00:10:53,070 --> 00:10:58,550 Suze: money back. But a beneficiary cannot sell it cannot really 188 00:10:58,550 --> 00:11:02,500 Suze: do anything about it. They're just the beneficiary. So that 189 00:11:02,510 --> 00:11:05,540 Suze: is the answer everybody and die. 190 00:11:05,550 --> 00:11:07,120 KT: So she did it right. 191 00:11:07,580 --> 00:11:09,770 Suze: Well she was asking a question, she did it right 192 00:11:09,770 --> 00:11:13,380 Suze: on the original one she purchased. But if she had 193 00:11:13,380 --> 00:11:15,730 Suze: done it the second way that she was asking it 194 00:11:15,730 --> 00:11:17,620 Suze: would not have been right. All right 195 00:11:17,630 --> 00:11:19,750 KT: so keep what you've got Diane 196 00:11:19,880 --> 00:11:23,490 Suze: If you gift a bond to somebody, you cannot be a 197 00:11:23,490 --> 00:11:25,520 Suze: secondary owner. Just know. 198 00:11:25,895 --> 00:11:31,885 KT: Alright next is from Karen, my question is regarding dividends. 199 00:11:31,895 --> 00:11:36,745 KT: I took your advice and purchased a small amount of D. V. N. 200 00:11:36,755 --> 00:11:40,945 KT: I have other dividend investments and I'm a big fan 201 00:11:40,945 --> 00:11:42,485 KT: of this type of investment. 202 00:11:42,485 --> 00:11:43,475 Suze: Can I just say something? 203 00:11:44,200 --> 00:11:49,610 Suze: D. V. N. Is the stock exchange symbol for an 204 00:11:49,620 --> 00:11:51,359 Suze: energy stock by the name of 205 00:11:51,360 --> 00:11:52,840 Suze: Devon that 206 00:11:52,840 --> 00:11:57,180 Suze: I have been recommending now for a while. I really 207 00:11:57,179 --> 00:12:00,569 Suze: came out on august 1st of this year and I 208 00:12:00,570 --> 00:12:03,439 Suze: actually said I don't think it's a bad idea to 209 00:12:03,440 --> 00:12:07,630 Suze: maybe switch from other oil stocks you have or E. T. F. 210 00:12:07,630 --> 00:12:09,890 Suze: Like XLE into Devon 211 00:12:10,320 --> 00:12:13,800 Suze: And Devon at the time was about $56 a share. 212 00:12:13,809 --> 00:12:17,320 Suze: Ever since then it has gone up dramatically to about 213 00:12:17,320 --> 00:12:24,339 Suze: $66 a share. But Devon and Pioneer are great energy 214 00:12:24,340 --> 00:12:25,310 Suze: stocks 215 00:12:25,660 --> 00:12:29,560 Suze: that pay a great dividend. Alright go on KT 216 00:12:29,570 --> 00:12:32,510 KT: And then she goes on to say since my initial 217 00:12:32,510 --> 00:12:37,100 KT: buy in was before the deadline will other shares purchased 218 00:12:37,110 --> 00:12:42,679 KT: after September 8, 2022 be a different rate or not 219 00:12:42,690 --> 00:12:45,739 KT: even eligible for dividend payment? 220 00:12:45,990 --> 00:12:50,109 Suze: Alright now. Let me straighten Karen out. All right and 221 00:12:50,110 --> 00:12:55,540 Suze: everybody else when you buy a stock, individual stock, 222 00:12:56,090 --> 00:13:00,750 Suze: every stock that pays a dividend it has what's called 223 00:13:00,760 --> 00:13:06,080 Suze: an ex dividend date which says you have got to 224 00:13:06,080 --> 00:13:10,310 Suze: have purchased that stock by that date. 225 00:13:10,720 --> 00:13:14,809 Suze: And in the example of devon it's September 8th you 226 00:13:14,809 --> 00:13:18,510 Suze: have to be owner of record by September 8th to 227 00:13:18,510 --> 00:13:25,290 Suze: get this quarter's dividend. Remember dividend paying stocks usually pay 228 00:13:25,290 --> 00:13:30,140 Suze: it every quarter. If you happen to buy it September 229 00:13:30,150 --> 00:13:34,380 Suze: 9th it trades without the dividend 230 00:13:34,780 --> 00:13:37,640 Suze: That you would have gotten if you had purchased it 231 00:13:37,640 --> 00:13:42,900 Suze: by September 8 or you already own it now obviously 232 00:13:42,910 --> 00:13:48,640 Suze: three months from September 9 they will pay another dividend 233 00:13:48,650 --> 00:13:52,150 Suze: and you will qualify for that dividend. 234 00:13:52,660 --> 00:13:55,440 Suze: So you just have to know once you buy a 235 00:13:55,440 --> 00:13:56,220 Suze: stock 236 00:13:56,809 --> 00:14:00,210 Suze: and you own it, you get the dividends every quarter 237 00:14:00,360 --> 00:14:03,760 Suze: if you're just buying a stock right now 238 00:14:04,490 --> 00:14:08,480 Suze: and you haven't purchased it by the ex dividend date 239 00:14:08,490 --> 00:14:12,560 Suze: which again for Devon is September 8th. If you buy 240 00:14:12,559 --> 00:14:13,900 Suze: it after that 241 00:14:14,500 --> 00:14:17,990 Suze: you'll get the next dividend. As long as you bought 242 00:14:17,990 --> 00:14:20,400 Suze: it before that ex dividend date. 243 00:14:20,550 --> 00:14:23,290 KT: Okay. So they're about to buy it. Where does it 244 00:14:23,290 --> 00:14:25,500 KT: say when those dates are? 245 00:14:25,510 --> 00:14:28,120 Suze: Just look it up. And I've been telling everybody, but 246 00:14:28,120 --> 00:14:32,130 Suze: just Google ex dividend date for Devon, ex dividend date 247 00:14:32,130 --> 00:14:33,250 Suze: for Pioneer 248 00:14:33,520 --> 00:14:34,170 Suze: and they'll tell 249 00:14:34,170 --> 00:14:38,170 Suze: you right. And what's also interesting KT is that the 250 00:14:38,170 --> 00:14:42,050 Suze: date that it goes ex dividend? It actually the price 251 00:14:42,050 --> 00:14:44,380 Suze: of the stock is actually reduced 252 00:14:44,630 --> 00:14:49,830 Suze: by the dividend. So if it's trading for let's just 253 00:14:49,830 --> 00:14:53,440 Suze: say $60 a share and the dividend is a dollar 254 00:14:53,440 --> 00:14:57,410 Suze: 55 for that quarter. They will then reduce the price 255 00:14:57,420 --> 00:15:00,730 Suze: from 60 by a dollar 55 it will trade without 256 00:15:00,730 --> 00:15:01,720 Suze: the dividend the next 257 00:15:01,720 --> 00:15:02,720 Suze: day. 258 00:15:02,930 --> 00:15:03,320 Suze: So 259 00:15:03,320 --> 00:15:05,460 Suze: either way you're kind of okay believe it or not. 260 00:15:05,470 --> 00:15:05,960 Suze: All right, 261 00:15:06,110 --> 00:15:09,120 KT: okay that's I didn't know that. But you just look 262 00:15:09,120 --> 00:15:10,550 KT: it up. It's easy to find 263 00:15:10,550 --> 00:15:13,860 Suze: everything. Half the things you people write me by the way. 264 00:15:13,860 --> 00:15:15,800 Suze: You could just Google and find the answer for. 265 00:15:15,900 --> 00:15:18,290 KT: We don't need Suze. See? We don't need you. 266 00:15:18,290 --> 00:15:20,310 Suze: But those are the ones that I normally don't answer 267 00:15:20,310 --> 00:15:21,020 Suze: just so you know. 268 00:15:22,070 --> 00:15:23,500 KT: This is from Cindy 269 00:15:23,950 --> 00:15:24,170 KT: I 270 00:15:24,170 --> 00:15:27,630 KT: have recently become power of attorney for my dear friend 271 00:15:27,630 --> 00:15:31,380 KT: of my late mother who has no family. She is 272 00:15:31,380 --> 00:15:35,430 KT: in poor health and is in an assisted living facility. 273 00:15:35,440 --> 00:15:39,950 KT: Her long term care insurance covers the monthly cost ready 274 00:15:39,950 --> 00:15:45,960 KT: for this everyone of $6800 but remaining balance in that 275 00:15:45,960 --> 00:15:51,130 KT: account will be depleted in 18 months if she remains 276 00:15:51,130 --> 00:15:52,810 KT: at that level of care 277 00:15:53,220 --> 00:15:58,820 KT: She has $230,000 from proceeds of the recent sale of 278 00:15:58,820 --> 00:15:59,650 KT: her home. 279 00:15:59,950 --> 00:16:06,070 KT: I have that in a high yield savings account earning 1.6% interest. 280 00:16:07,010 --> 00:16:10,860 KT: I bet. So to my question is given that I'll 281 00:16:10,860 --> 00:16:15,720 KT: likely need to access those funds in 12 to 18 months. 282 00:16:15,740 --> 00:16:20,470 KT: Should I dollar cost average into various ETFs now or 283 00:16:20,470 --> 00:16:23,040 KT: leave it safely in savings? 284 00:16:23,050 --> 00:16:26,600 Suze: So Cindy your job is a very difficult one. I 285 00:16:26,600 --> 00:16:27,660 Suze: have to tell you 286 00:16:27,950 --> 00:16:31,550 Suze: but you have to keep this money safe and sound 287 00:16:31,960 --> 00:16:36,850 Suze: and think about it if you had invested in V. T. 288 00:16:36,850 --> 00:16:40,250 Suze: I dividend paying stocks all of these things. But all 289 00:16:40,250 --> 00:16:44,080 Suze: of a sudden the market starts to tank and goes down. 290 00:16:44,800 --> 00:16:47,750 Suze: What are you going to do then? You need this 291 00:16:47,750 --> 00:16:54,170 Suze: money in 12-18 months. And I always say money that 292 00:16:54,170 --> 00:16:59,960 Suze: you need in less than 3-5 years is not money that 293 00:16:59,960 --> 00:17:03,600 Suze: belongs in the stock market. So girlfriend you need to 294 00:17:03,600 --> 00:17:06,330 Suze: leave it exactly where it is and just keep making 295 00:17:06,330 --> 00:17:10,290 Suze: sure you have the highest interest rate possible on that money. 296 00:17:10,790 --> 00:17:12,030 Suze: Yeah. Sad. Right. 297 00:17:12,040 --> 00:17:14,290 KT: Yeah this one's even sad or ready for this. 298 00:17:14,290 --> 00:17:16,540 Suze: What did you do? Did you go through these emails 299 00:17:16,540 --> 00:17:19,379 Suze: and said what can we do that makes it sad today? 300 00:17:19,380 --> 00:17:23,090 KT: No but this one really touches a sensitive chord for 301 00:17:23,090 --> 00:17:26,800 KT: you and me. Ready? Hi Suze and KT. I'm in 302 00:17:26,800 --> 00:17:31,480 KT: tears writing this because I'm so worried about my parents. 303 00:17:31,630 --> 00:17:36,459 KT: They're both in their seventies. There's a sensitive chord Suze. 304 00:17:36,470 --> 00:17:37,490 KT: That's our age. 305 00:17:37,800 --> 00:17:41,030 KT: My dad is still working in a stressful job full 306 00:17:41,030 --> 00:17:45,010 KT: time because they don't have enough money to retire. They 307 00:17:45,010 --> 00:17:50,150 KT: have saved about $700,000 which is just sitting in their 308 00:17:50,150 --> 00:17:54,840 KT: checking account, except 20,000 in I bonds which I convinced 309 00:17:54,840 --> 00:17:58,470 KT: them the purchase after I listened to your podcast. 310 00:17:58,900 --> 00:18:02,300 KT: My dad doesn't trust the stock market. I'm not going 311 00:18:02,300 --> 00:18:05,629 KT: to change his mind at this point. But nearly all 312 00:18:05,630 --> 00:18:10,879 KT: their savings is in a checking account earning no interest 313 00:18:10,890 --> 00:18:14,960 KT: at all. Not to mention they have way more in 314 00:18:14,960 --> 00:18:17,790 KT: there than the 250 F. D. I. C. 315 00:18:18,460 --> 00:18:22,609 KT: isnured amount. See Suze? It says please please please Suze help 316 00:18:22,609 --> 00:18:27,140 KT: me steer them into the best path for a secure future. 317 00:18:27,150 --> 00:18:29,189 KT: So let's talk about that 318 00:18:29,200 --> 00:18:33,730 Suze: you know, so when people get older, my dear Lolli 319 00:18:33,750 --> 00:18:36,699 Suze: it's that they start to get afraid. 320 00:18:37,350 --> 00:18:42,209 Suze: And it's true. I mean obviously your father is the 321 00:18:42,210 --> 00:18:45,389 Suze: same age as both KT and myself. Maybe he's a 322 00:18:45,390 --> 00:18:46,740 Suze: little bit older 323 00:18:47,490 --> 00:18:51,229 Suze: you start to get afraid of. Especially if you don't 324 00:18:51,230 --> 00:18:52,910 Suze: have enough money. How am I going to do this? 325 00:18:52,910 --> 00:18:55,130 Suze: I don't understand that. I don't want to lose anything 326 00:18:55,130 --> 00:18:57,720 Suze: that I have. And one of the main reasons they 327 00:18:57,720 --> 00:19:00,600 Suze: don't want to lose a girlfriend is they want to 328 00:19:00,600 --> 00:19:04,439 Suze: have money to leave to you. That's one of the 329 00:19:04,440 --> 00:19:08,340 Suze: main reasons they don't risk it. They stop thinking about 330 00:19:08,340 --> 00:19:12,300 Suze: themselves and all they start thinking about is what can 331 00:19:12,300 --> 00:19:14,730 Suze: I leave to my kids. 332 00:19:15,020 --> 00:19:18,170 Suze: So I think what's really important that you might want 333 00:19:18,170 --> 00:19:22,110 Suze: to do with your father is not try to convince 334 00:19:22,109 --> 00:19:24,800 Suze: him to invest in something that makes him afraid 335 00:19:25,340 --> 00:19:28,560 Suze: because fear is one of the main internal obstacles to wealth. 336 00:19:28,790 --> 00:19:30,770 Suze: And if you tell him to do something and then 337 00:19:30,770 --> 00:19:33,869 Suze: it doesn't work out, Oh my God. But I think 338 00:19:33,869 --> 00:19:38,240 Suze: if you just simply showed him like right now, for instance, 339 00:19:38,600 --> 00:19:41,040 Suze: the Alliant Credit Union and I'm telling you this because 340 00:19:41,040 --> 00:19:43,850 Suze: it's a really good rate right now. And it's something 341 00:19:43,850 --> 00:19:47,359 Suze: that I know that your father can relate to is 342 00:19:47,359 --> 00:19:53,070 Suze: paying 3% on an 18 month certificate of deposit. 343 00:19:53,369 --> 00:19:56,940 Suze: Now I know and you know, your father will relate 344 00:19:57,400 --> 00:20:02,020 Suze: to certificates of deposits. So I would say to him 345 00:20:02,020 --> 00:20:38,240 Suze: something like this, dad, do you know that you are 346 00:20:38,240 --> 00:20:48,820 Suze: losing approximately $59 a day or about $32,000 over 18 months simply by leaving 347 00:20:48,820 --> 00:20:51,070 Suze: your money in a checking account 348 00:20:51,290 --> 00:20:54,720 Suze: paying you know interest when you could put it in 349 00:20:54,730 --> 00:21:00,730 Suze: a certificate of deposit pain 3%. Why wouldn't you do 350 00:21:00,730 --> 00:21:01,609 Suze: that dad? 351 00:21:02,430 --> 00:21:05,910 Suze: I don't understand. And if you don't want to do 352 00:21:05,910 --> 00:21:11,200 Suze: it with all 700,000, let's do it with 250,000. Let's 353 00:21:11,200 --> 00:21:14,170 Suze: do it with an amount that happens to be insured. 354 00:21:14,170 --> 00:21:14,750 Suze: Now 355 00:21:15,680 --> 00:21:18,650 Suze: you could get the insurance on it. 356 00:21:19,270 --> 00:21:23,240 Suze: And again remember everybody. Alliant Credit union is insured by N. C. U. 357 00:21:23,240 --> 00:21:25,790 Suze: A same thing as F. D. I. C. Just for 358 00:21:25,790 --> 00:21:31,560 Suze: credit unions by making it so that the beneficiaries on 359 00:21:31,560 --> 00:21:32,050 Suze: it 360 00:21:32,660 --> 00:21:36,300 Suze: Maybe could be the mother. Maybe could be you maybe 361 00:21:36,300 --> 00:21:40,830 Suze: you have other relatives but that you each get $250,000 362 00:21:40,830 --> 00:21:44,929 Suze: of insurance. So you really only need like three beneficiaries 363 00:21:44,930 --> 00:21:48,870 Suze: and he would be totally insured. So, it's just something 364 00:21:48,869 --> 00:21:52,180 Suze: to think about. But show him how much money he 365 00:21:52,180 --> 00:21:56,050 Suze: is losing. And why does he want to do that? 366 00:21:56,920 --> 00:22:00,369 Suze: And I think you'll find that he changes his mind. 367 00:22:00,580 --> 00:22:06,090 Suze: But talk to him out of respect. Not like he's stupid. Okay. 368 00:22:06,250 --> 00:22:08,200 Suze: All right, next question, KT. 369 00:22:08,210 --> 00:22:12,120 KT: All right, next question is from another dad from Rajiv. 370 00:22:12,130 --> 00:22:14,520 KT: My wife and I have a trust with our three 371 00:22:14,520 --> 00:22:19,050 KT: girls as the beneficiaries. Our bank accounts and home are 372 00:22:19,050 --> 00:22:22,369 KT: in the trust. I understand that the bank accounts will 373 00:22:22,369 --> 00:22:25,710 KT: be covered by F. D. I. C. Does the same 374 00:22:25,710 --> 00:22:29,740 KT: hold true for tax free gains when we sell our 375 00:22:29,740 --> 00:22:32,590 KT: house is the 250 376 00:22:32,600 --> 00:22:37,640 KT: tax free gain per beneficiary or just for my wife 377 00:22:37,640 --> 00:22:41,650 KT: and myself. Now, this is the big question, Suze. He 378 00:22:41,650 --> 00:22:45,900 KT: says if the latter, why not add our kids to 379 00:22:45,900 --> 00:22:49,570 KT: the title of the house two years prior to when 380 00:22:49,570 --> 00:22:50,970 KT: we plan to sell it. 381 00:22:53,770 --> 00:22:56,500 KT: He's a smart man, asking a smart question. 382 00:22:56,890 --> 00:23:01,280 Suze: Here's the thing, number one, when you buy a home 383 00:23:01,630 --> 00:23:05,160 Suze: And you sell it, the owners of that home. When 384 00:23:05,160 --> 00:23:10,770 Suze: you sell it, each get a $250,000 exemption. As long 385 00:23:10,770 --> 00:23:15,410 Suze: as they're on title number one and they lived in 386 00:23:15,410 --> 00:23:20,090 Suze: that house as their primary residency for two out of 387 00:23:20,090 --> 00:23:24,320 Suze: the past five years. So if each one of those 388 00:23:24,320 --> 00:23:28,770 Suze: kids are living there and it is their primary residency, 389 00:23:29,440 --> 00:23:33,480 Suze: but they're working, they have income, they're finally taxes on 390 00:23:33,480 --> 00:23:36,760 Suze: their own. They're not your dependent. 391 00:23:37,280 --> 00:23:41,050 Suze: There as if they're an individual living in that home. 392 00:23:41,050 --> 00:23:44,750 Suze: They own 1/5 of it. Since there will be five 393 00:23:44,750 --> 00:23:47,520 Suze: of you at that point. And then you were to 394 00:23:47,520 --> 00:23:50,480 Suze: sell it. And they lived there for two out of 395 00:23:50,480 --> 00:23:54,409 Suze: the past five years as their primary residency. I bet 396 00:23:54,410 --> 00:23:58,880 Suze: you it would hold up. But be very very careful. 397 00:23:58,900 --> 00:24:01,250 Suze: They cannot be dependent on you. 398 00:24:01,570 --> 00:24:04,169 Suze: They really the government has to see this as a 399 00:24:04,170 --> 00:24:09,430 Suze: legitimate transaction. Not just for you to get another $750,000 400 00:24:09,430 --> 00:24:10,389 Suze: of exemption 401 00:24:10,950 --> 00:24:13,720 Suze: but that it was really you gifted it to them 402 00:24:13,720 --> 00:24:15,770 Suze: and you did it legitimately 403 00:24:16,369 --> 00:24:18,360 Suze: you might want to wait for longer than two out 404 00:24:18,359 --> 00:24:20,700 Suze: of the past five years to make it hold. But 405 00:24:20,700 --> 00:24:23,260 Suze: I bet it could. And if it doesn't 406 00:24:23,859 --> 00:24:25,830 Suze: at least you tried. Okay. 407 00:24:26,210 --> 00:24:30,470 KT: Alright. Suze this is from Elizabeth. Dear Suze and KT. 408 00:24:30,470 --> 00:24:34,030 KT: I love your show so much. Listen to your podcast 409 00:24:34,040 --> 00:24:37,990 KT: every week. Just listening to your voice is like you 410 00:24:37,990 --> 00:24:42,650 KT: are part of my family. I'm 54 years old. I'm 411 00:24:42,650 --> 00:24:43,980 KT: in the final stage 412 00:24:43,980 --> 00:24:46,730 Suze: of my divorce that make you feel that people think 413 00:24:46,730 --> 00:24:48,040 Suze: we're part of their family. This 414 00:24:48,040 --> 00:24:50,650 KT: makes me feel great because it reminds me of what 415 00:24:50,650 --> 00:24:53,169 KT: we went through with my brother. But listen to this. 416 00:24:53,340 --> 00:24:57,280 KT: I'm 54 years old. I'm in the final stage of 417 00:24:57,280 --> 00:25:02,380 KT: my divorce process. I heard Suze mention the V. T. 418 00:25:02,380 --> 00:25:06,020 KT: I many times in her show I'm really interested in 419 00:25:06,020 --> 00:25:11,590 KT: finally ready to invest $5000 in V. T. I. I 420 00:25:11,590 --> 00:25:15,040 KT: was wondering if I should invest it in a Roth 421 00:25:15,040 --> 00:25:17,699 KT: ira or taxable account 422 00:25:18,109 --> 00:25:22,110 KT: then it said I'll also be receiving half of the 423 00:25:22,109 --> 00:25:28,620 KT: TSP right from her soon from the soon ex, after 424 00:25:28,619 --> 00:25:32,670 KT: the divorce. That's about 200,000. Would you recommend me to 425 00:25:32,670 --> 00:25:36,320 KT: roll over into my Roth or traditional? 426 00:25:40,920 --> 00:25:41,350 Suze: What would you say KT? (KT says: Roth, baby!) 427 00:25:41,350 --> 00:25:45,270 Suze: That was your quizzie. That was KT's quizzie, everybody in the 428 00:25:45,270 --> 00:25:46,919 Suze: middle of the show 429 00:25:47,460 --> 00:25:48,400 KT: I 430 00:25:48,400 --> 00:25:50,520 KT: always pick Roth because you like them, 431 00:25:50,530 --> 00:25:54,740 Suze: I love them and everybody should love them. So here's 432 00:25:54,740 --> 00:25:58,450 Suze: the thing you can take $5000 of your own money 433 00:25:58,460 --> 00:26:03,400 Suze: and absolutely open a Roth IRA. As long as you 434 00:26:03,400 --> 00:26:10,090 Suze: have earned income you have to have earned income unless 435 00:26:10,090 --> 00:26:13,260 Suze: you are going to be converting some money into a 436 00:26:13,260 --> 00:26:16,890 Suze: Roth ira from another retirement account. 437 00:26:17,020 --> 00:26:21,540 Suze: So that's just something that you need to know. However 438 00:26:21,570 --> 00:26:27,470 Suze: you're about to inherit $200,000 half of your thrift savings 439 00:26:27,470 --> 00:26:32,369 Suze: plan from your ex. You would roll that over first 440 00:26:32,369 --> 00:26:37,070 Suze: to a traditional ira A. Because if you really took 441 00:26:37,070 --> 00:26:42,090 Suze: $200,000 and rolled it into a Roth I. R. A. 442 00:26:42,240 --> 00:26:46,260 Suze: That would be taxable to you 100% as ordinary income. 443 00:26:46,410 --> 00:26:51,020 Suze: And that would put you into a really high-income tax bracket. 444 00:26:51,080 --> 00:26:57,890 Suze: If you do convert money into a Roth like the $5,000. 445 00:26:57,900 --> 00:27:01,610 Suze: I really at this point would be dollar cost averaging. 446 00:27:01,619 --> 00:27:05,020 Suze: I would not take $5,000 and invest it all in 447 00:27:05,020 --> 00:27:08,300 Suze: one month. Some so I do think these markets are 448 00:27:08,300 --> 00:27:11,179 Suze: going to continue to go up continue to go down 449 00:27:11,190 --> 00:27:15,449 Suze: but be very very careful here but do not 450 00:27:15,770 --> 00:27:23,030 Suze: Do not convert $200,000 from your TSP into a Roth 451 00:27:23,040 --> 00:27:25,109 Suze: in one lump sum. Alright. 452 00:27:25,730 --> 00:27:28,770 KT: So this next question I was looking for this earlier. 453 00:27:28,770 --> 00:27:32,910 KT: It's from Nancy and I think you answered this about 454 00:27:32,910 --> 00:27:37,020 KT: maybe five or six questions ago. Ready? Hi Suze. Not 455 00:27:37,020 --> 00:27:39,800 KT: long ago you said there was something 456 00:27:40,210 --> 00:27:44,109 KT: that we had to buy some time in early September 457 00:27:44,130 --> 00:27:48,359 KT: like maybe September 4th. I can't remember what it was. 458 00:27:48,359 --> 00:27:51,560 KT: I can't find it in my notes. I'm listening to 459 00:27:51,560 --> 00:27:56,030 KT: older podcast trying to find it. I'm not having any luck. 460 00:27:56,040 --> 00:28:00,470 KT: Any idea what I'm talking about said you seem excited 461 00:28:00,470 --> 00:28:03,060 KT: about it now Suze. I'm gonna take a wild guess. 462 00:28:03,070 --> 00:28:06,090 KT: Is this the D. V. N. On September 8th. 463 00:28:06,350 --> 00:28:11,790 KT: Is that what you were talking about? What was it? 464 00:28:12,570 --> 00:28:14,480 Suze: You were so proud of that answer. 465 00:28:14,490 --> 00:28:18,080 KT: I was so excited that I found it for her. So what 466 00:28:18,080 --> 00:28:18,690 KT: was it? 467 00:28:18,690 --> 00:28:24,280 Suze: So this is only for those of you who seriously 468 00:28:24,280 --> 00:28:29,790 Suze: are speculating and what I said was that comes the 469 00:28:29,790 --> 00:28:35,730 Suze: first week approximately or maybe second of September: Ethereum. 470 00:28:36,070 --> 00:28:41,000 Suze: Right. The Cryptocurrency is going to be doing something that's 471 00:28:41,010 --> 00:28:46,790 Suze: equivalent to when Bitcoin does this having thing and so 472 00:28:46,800 --> 00:28:50,640 Suze: maybe I'll have to do a little bit of an 473 00:28:50,640 --> 00:28:56,190 Suze: explanation of that on a Suze School but when Bitcoin 474 00:28:56,200 --> 00:29:00,910 Suze: over the past years has done something called a having 475 00:29:01,240 --> 00:29:04,310 Suze: and because of my accent here, I can't quite say it, 476 00:29:04,310 --> 00:29:07,590 Suze: but it's an H L V I N G s. 477 00:29:07,600 --> 00:29:12,520 Suze: It has, it's having halving , there's an L in there, 478 00:29:12,530 --> 00:29:14,470 KT: But it still means half-ing 479 00:29:17,150 --> 00:29:20,990 KT: it's that's just how they pronounce this, the spelling of the 480 00:29:20,990 --> 00:29:22,200 KT: word half, 481 00:29:22,210 --> 00:29:26,480 Suze: but I can't do that, I don't do it very well. 482 00:29:26,490 --> 00:29:29,310 Suze: But every time it did that, 483 00:29:30,140 --> 00:29:31,230 KT: it's kind of like a split. 484 00:29:31,240 --> 00:29:34,930 Suze: It's it's a reverse split where the number of Bitcoins 485 00:29:34,940 --> 00:29:38,280 Suze: available start to go down and down and down. And 486 00:29:38,280 --> 00:29:41,140 Suze: that always has increased the price of Bitcoin, 487 00:29:42,470 --> 00:29:47,100 Suze: whatever. Right? So around the first week or two weeks 488 00:29:47,100 --> 00:29:51,219 Suze: of September Ethereum is going to be doing essentially the 489 00:29:51,220 --> 00:29:53,920 Suze: same thing, but it's going to be doing it on 490 00:29:53,920 --> 00:29:57,940 Suze: a far grander level. So I don't have time to 491 00:29:57,940 --> 00:30:00,570 Suze: explain that now. But if you want to risk a 492 00:30:00,570 --> 00:30:05,920 Suze: little bit of money, $100 500 dollars. Not a lot. 493 00:30:05,930 --> 00:30:07,880 Suze: By any means, 494 00:30:08,320 --> 00:30:11,540 Suze: you might want to pick up some Ethereum just saying, 495 00:30:11,550 --> 00:30:14,540 KT: Okay, so that was it. I thought it was Devon 496 00:30:14,760 --> 00:30:15,930 Suze: It wasn't. 497 00:30:16,580 --> 00:30:18,310 KT: Devon would a good good investment too, right? 498 00:30:18,830 --> 00:30:21,480 Suze: It depends. I don't want everybody, KT, to put all 499 00:30:21,480 --> 00:30:26,130 Suze: their money into these energy stocks, but when energy goes 500 00:30:26,140 --> 00:30:26,770 Suze: up 501 00:30:27,540 --> 00:30:31,240 Suze: the price of all these other stocks go down, it's 502 00:30:31,240 --> 00:30:33,880 Suze: a great dividend, even if they cut it the same 503 00:30:33,880 --> 00:30:37,680 Suze: thing with Pioneer, even if they eventually cut the dividend 504 00:30:37,680 --> 00:30:41,620 Suze: on Pioneer, which symbol is P XD. Still going to 505 00:30:41,620 --> 00:30:43,520 Suze: be a fabulous dividend. 506 00:30:44,160 --> 00:30:46,959 Suze: So KT, we already did your quizzie. 507 00:30:47,460 --> 00:30:48,390 KT: I got it. 508 00:30:48,530 --> 00:30:50,480 Suze: All right. So you got to be nice to me because 509 00:30:50,490 --> 00:30:51,540 Suze: tomorrow 510 00:30:51,550 --> 00:30:54,780 KT: I know we have to rest. She has to rest. Everybody. 511 00:30:54,780 --> 00:30:57,250 KT: She has to really go to bed early tonight. 512 00:30:57,260 --> 00:30:58,660 Suze: I never go to bed early. 513 00:30:58,660 --> 00:31:01,880 KT: She has to rest. That's all there is to it. Okay, 514 00:31:01,880 --> 00:31:04,550 KT: what do we want to say to everyone? Let's all 515 00:31:04,550 --> 00:31:08,720 KT: say a prayer for Suze's surgery. That it's uneventful. Let's 516 00:31:08,720 --> 00:31:13,040 KT: be safe. Strong, secure and healthy. 517 00:31:13,480 --> 00:31:14,650 KT: How about that? 4th 518 00:31:14,650 --> 00:31:17,320 Suze: and good? Make sure you all go to my alliant 519 00:31:17,320 --> 00:31:17,850 Suze: dot com 520 00:31:17,850 --> 00:31:18,940 KT: slash good 521 00:31:18,950 --> 00:31:23,140 Suze: and do good for yourself and do good for others. 522 00:31:24,070 --> 00:31:26,220 Suze: Talk to you soon. Bye bye. 523 00:31:26,220 --> 00:31:27,020 KT: Bye.