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Old 04-07-2012, 03:31 PM   #1
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Anyone here read Suze Orman?

Do you think her advice is spot on? Care to share some experiences applying her advice? I'm interested in going on a new direction with my current retirement planning.
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Old 04-07-2012, 03:42 PM   #2
DBS.US
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Suze loves a Roth RIA
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Old 04-07-2012, 04:57 PM   #3
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Quote:
Originally Posted by $5 submissions View Post
Do you think her advice is spot on? Care to share some experiences applying her advice? I'm interested in going on a new direction with my current retirement planning.
Another fraudster.
http://www.forbes.com/forbes/1998/1228/6214118a.html

http://money.msn.com/credit-cards/ba...an-weston.aspx
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Old 04-07-2012, 05:37 PM   #4
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Thank you for this. The second link was specially helpful and eye opening.
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Old 04-07-2012, 06:29 PM   #5
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um... she advised people who do not have a minimum of 8 months emergency fund that covers their expenses to save up first then go back to paying the credit cards off. She started saying that when the financial crisis hit because it takes longer for people to get a new job, or if people do get jobs they're temporary, contracted, pay less, have no benefits etc.

She admitted that she changed her advice on paying down credit cards, it was on her TV show on CNBC not too long ago, and she explained why. She also used to tell people to have a 4-6 months emergency fund, she changed her suggestion to 8 months or more after it became the new normal to be jobless for half a year or more

Credit cards are an unsecured debt, wasting money on paying them off while not having an emergency fund to back you up if something happnes is plain stupid.

Last edited by jigg; 04-07-2012 at 06:34 PM..
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