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Hi everybody, c zo here. Now, what is the goal of money? The goal of money is for you to be secure, and there is no Better way for you to be secure than having an emergency savings account. IT is essential for your financial foundation, so all of you should be participating in the ultimate opportunity savings account at alliant credit union. Go to my alliant that come to find out more and be the car.

Okay, susie, are you ready for today's?

Oh, you bet I am because i'm unstoppable.

蛤蟆 扎。

Power home, I don't need Better.

And twenty four, welcome everybody to the women of money part cast, as well as everybody smart enough to listen. Susie, here and today is, I don't know what today is, I don't know. It's going to be a sushi school.

Is that gonna be a suzy story? Is gonna be a year story? I don't have a clue what about to come out of my mouth right now, but let me just start by same, that in my entire life of the TV everything, I have never gotten as many emails and text and posts on the women and money podcast APP with people.

So just stop so upset, so afraid and so angry as I have this week. And you have to trust me that I get IT, because obviously you all know that I wanted cella to win. And of course, I wanted caller to win.

Look at my lifestyle, look at who I am. And of course, I would want that. However, IT is really, really important that all of us look at that.

Even more than all of us who wanted come to win, even more of all of us truthfully wanted president trump to win as well. And IT is essential that we really take this time to stop and to think about why. Why is there such a divide in this country?

Why is there really such a divi now throughout the entire world? Cause many countries now have gone exactly this way, and we all, both sides, need to be really, really understanding of what's going on here and not be angry at one another. And in fact, we should be happy for those who wanted president trump to win cause they got what they wanted.

And I only wish that that they were happy that we at least were able to express our ability to vote and just be happy for themselves, but not be angry at us as well. But as you know, that's not quite what has happened out here. We're still totally going at one another.

And really everyone that has got to stop. How many times have I said to all of you, and especially those of you who are so afraid you're gay out there, you're afraid that we're gonna lose our rights, are being married and that's gonna overturned. You're so afraid of everything, everybody, that you've got into a shell.

You think you need to take all your money out of F, D, I, C, insured deposits. You should come out of the stock market. You need to change everything in your life.

What country should you go and live at? Stop IT. Stop IT. The future will unveils itself to us. But what you have to do is live in the present, live in what is happening at this very moment in time.

And again, back to what I was about to say, how many times have I said to you that fear, shame and anger are the three internal obstacles to wealth? And you know, when I say wealth, that the definition of wealth is that which can never diminish, that can never be taken from you. So true inner wealth, because have you seen over the years that money can come and money can go?

Look back at two thousand and seven, and many of you felt so wealthy because of the baLance in your four o 1k plants in the value of your real state。 And all of a sudden that all went. But I only went for a period of time because then real estate pop back. Look at the stock market today, all of that came back.

Look at people whose entire lives were invested in one home, maybe in north CarOlina or wherever you may be or even currently in california, and whether it's a torn to, whether it's a hurricane, whether IT is a flood, whether IT is a fire, that is all gone now, and they will rebuild somehow. I watched IT in the oakland hills when three thousand homes were destroyed, and I would drive through my neighborhood. And I was all just a bunch of ashes and burned out cars, and there wasn't anything to be seen, but jimminy still standing.

And today, if you drive through all of that, there are all homes, again, rebuilt, lives going on and things continuing. So money can always come and always go a true wealth. True wealth is that which can never diminish.

How do you create true wealth? And true wealth really is created by knowing your own thoughts, having the courage to stand in your truth, no matter what anybody else thinks about you, to know that your intentions are good for everybody, that you have integrity, that you really are somebody who, when you look in the mirror, you're like, i'm not talking about your physical being, but you like what you see looking back at you. You like your internal being, you like your heart, you like your mind, you like everything about your yourself.

And when you like everything about yourself, truly like everything, because you've looked inside and you're willing to look at what's good, what's bad, what needs to change. And you've taken the time to do so. So now, really, you are a wealthy person, and IT is from that foundation, that foundation of wealth, which is a foundation of strength.

IT is a foundation of courage. IT is foundation of integrity. It's a foundation of caring for everybody, regardless of what they think or who they voted for.

It's an open heart, is wishing everybody well, even if they believe different than you. Then from that foundation, from that strength. Anything and everything is possible over the years. Administrations have come, they have gone, but life has continued to go on.

And your responsibility in all of this really is, how do you not prepare yourself for what's gonna happen in the administration and what trump is going to do? Because who knows what president trump is going to do and not going to do, but that's now. In the future, you have to do what IT takes today to still deal with the same problems, which is, what are you doing on your path to financial independence?

What are you doing to get to know where you should be investing, what you should be doing, and how you actually financially empower yourself to take actions and be able to do anything you want to a do if you feel like you need to do IT. That is still what is seriously important, everybody. So don't go freezing and thinking of.

You've gotta change everything. You need to stay grounded in what's happening right now with yourself, your family and your money. The future will unfair itself to all of us.

And then we'll deal with that little by little as IT happens. But you cannot live in fear of what is going to happen. You have to look at what you have, not at what you have.

Major lot of money. I've told you this over and over again. And right now, financially speaking, when you look at things, or at least when I look at things, the stock market has never been as high. In my opinion, there has never been so many serious opportunities to create financial wealth for you and your family.

There has never been a time really that if you just got involved with your money, knew what to do with IT wasn't afraid of IT, understood dollar cost, understood why being invested is so much Better than just standing on the sidelines right now understanding what's happening with interest strates. If you could just focus on all of that, then at least you can empower your own life and have the resources to make changes if you need to do so. And those changes aren't about just being political.

Those changes can also come if an accident happens, if you happen to get ill, something happens with your homes, who knows? But those are the things that I want you to be grounded in, to be grounded in the truth of what's probable versus the fear of what most likely is improbable. But time will tell. So therefore, here's what I want you to truthfully understand as well.

Last week, the fed lowered the fed funds rate and now more than ever, as you're looking at inflation, at least according to them, even though IT may not seem that way in your own pockets, which is why there is so much discourse in the united states, but at least according to the fans, inflation is starting to come down and the fed funds rate is getting to be more in line with what the two year treasury note is yielding. And if you start to look at the yields of treasuries from the tools to the tens and all the way up, we are no longer in a situation where the yields on treasuries are inverted. What do I mean by that? For a long time, shorter term maturity were pay new, higher, the longer term maturity.

And in a Normal yield environment, the longer out a maturity of a treasury, for instance, or any bond, the more money they are willing to pay you in terms of an interest rate because you're lucking up your money for a longer period of time. So usually a one year treasury pays you more than a six month. Two year pays you more than a one year, a five year pays you more than a two year.

Ten year pays you more than a five year, twenty more than a do you understand what i'm saying that a Normal yield rate curve where IT goes up the longer year out and the curve in terms of maturity, but for so many years, IT was totally inverted. You got more of an interest rate going short term, then you did long term. And IT has been the myth, because IT seems like it's a myth now that when there is an inverted rate curve, which IT has been for like a year or two, now that a recession is eminent, IT is going to happen.

And that's what was scaring everybody. Well, guess what? Everybody we now have really a flat yield curve is essentially flat across the board. It's no longer inverted IT also looks like to pile the fed chair really somehow has managed a soft landing for everybody in the united states, no recession, at least at this point.

And if you look at the result of what the stock market did last week, especially after the election, the stock market, which is made up of people investing in the stock market, they love IT. The market went higher and faster and with more energy than really i've seen IT in. I can even remember when and true fortune, I have to tell you, we're made last week.

Now with that said, you may look at certain things, and you may think I missed out on IT and everything. Once something goes as fast as I just went up this last week, chances are IT may pull back a little bit next week or so. But on no level have you missed what's happening in the equity arena.

And equity means stocks. You heard me say just a little bit ago that there are more opportunities out there than ever before. And we really do have with artificial intelligence and a lot of the things governing artificial intelligence and how that works, we have serious opportunities, financially speaking, when IT comes to investing, and I can say I haven't seen opportunities like this in a long, long time.

So rather than being depressed that everything's gonna crash, everything's gonna go down, you need to be in IT to win IT. You do. So this is not the time to be selling out of the stock market.

This is not the time to be turning your back on equities. This is the time to be dollar cost average. Understanding when to go in to certain areas of this market. And if you don't have a clue what to do are right, you can do index fans, no problem. But it's important that you don't turn your back on that, back to interest rates.

Now what is fascinating about interest rates is that as the fed funds lowered their interest raight that whole week, not only was the stock market really going up, but interest strates and treasuries were going up as well. They jumped. So hide, I can't even believe IT. So IT is important to then realize, right? If we are in a flat yield rate curve, interests seem like they might be going back up again.

Then what do we do? Does susie have a change in terms of where to invest and what to invest in when IT comes to interest strates? And I have to tell you, I do, but I did a little bit ago, if you remember this a little bit ago, I was sent to all of you.

I really think that we should probably be going toward shorter term maturity, three years, five years, maybe seven years, but right in their short term rather than our long term. And the reason is, and I said you could buy a little bit on long term if you because you never know what's gonna en in this world. So you have a little bit of diversification there when IT comes to maturities.

But what is interesting is that this is what you have to remember. Treasuries are instruments where you buy from the united states government bonds, or notes or bills at their offering. And they use that money, truthful, to cover our deficits and other things, to pay for our lack of money when we don't have enough money for budgets and things like that.

But they are paying all of you in interest on those bonds, deals and notes. But here's what I want you to really understand about the interest on treasuries and why interest strates may be going up in the future. Three years ago, everybody who bought treasuries, right, the government paid all of us, because that includes me, three hundred billion dollars, three hundred billion dollars in interest.

Today, the government is paying us one point three trillion dollars in interest. That is a whole lot of money. If you think about IT.

Put that in the picture of that we have a two trillion dollar deficit, along with the fact that eventually many of these treasury ies will come do. And many of these treasuries were purchased a few years ago when the interest on treasuries was relatively new. Those treasury, some of them are coming due.

And when they come to chances are the people who own them are going to just three up for another maturity. But the interests that the government will oh, is going to go up as well. So we're getting ourselves into a situation where the government is having to pay more and more interest on the treasuries.

So IT is possible that people will be demanding more of a yield if they're going to go in to treasuries in the future. So that is why IT is very possible that a few years from now, we may see, believe IT or not, interest strates on treasuries going back up again. That's point one.

When IT comes to interest rates. Second point I wanna make now is about real estate and mortgage. You would think that with the fed lowing interest rates on the fed funds, and in fact, they'll probably lowered by another quarter of a percent come to december eighteen, the meeting and possibly next year as well, that interest strates on mortgages would be going down.

And as again, as I have taught you many, many times, that's not how IT works. When the fed lower interest strates, the people that benefit are those with credit card deck because interest strates on credit card debts and things like that tend to go down. The people that get hurt usually are people who are saving money and they're in savings accounts and things like that in interest strates stay down.

What IT doesn't affect at all are interest strates on mortgages. Mortgage interest rate is usually determined by the ten year treasury note. Kinds stays and sink with that. And if you look at the ten year treasury note right now, IT went up considerably last week, which is why over the last week or so, you have seen thirty year mortgage go back up into the seven percent area.

So here we are now, again, with interest strates going up, stack market going up, real estates still appreciating in value, but the mortgage interest rate going up as well, which then makes me even more difficult for people to buy homes. And IT also makes IT possible, depending on what happens here, that inflation could possibly come back as well, since home Prices went at all of that place into the picture. So those are things that you just need to understand how they work.

Let's talk briefly about bitcoin cause you know, in the past, I have said to all of you. That if you have money to lose and you have the ability to invest in I bit I B I T, which is the etf for bitcoin, the one that I like, the one that I own. By the way, I own a lot of IT.

If you wanna try IT out, you can. This week, bitcoin has absolutely skyrocket, is at about seventy six thousand dollars a bitcoin. And I bit the actual etf that we talked about is IT about forty three dollars and sixty nine cents.

It's up a lot just so you know. Now for those of you, what do I think about the future of bitcoin? I think IT could pull back in everything.

But I also think I could very easily, depending what happens in the next week or two, if IT break certain levels, IT could go up to eighty seven, eight thousand without any hesitation whatsoever. But only time will tell. Do I still think that I bit is something you could vary slowly, dollar cost averaging to? I do.

But you might want a way just to see if IT pulls back just a little oil, oil. W, T, I, crude is hanging out at around seventy dollars a barl, which is okay. Will you go up? depends.

Chances are if I just holds writing, air inflation will also kind of hold right here as well, if not go down. But it's not really helping a few of the stocks, especially devin simple t vm that I have been in favorite of for all this time. As i've said in the past, if you have a loss and you wanna take IT, I don't have a problem with that.

But here we are at the end of the year, almost believe IT or not, there is a smart strategy of money that's invested in stocks that you have a lossing outside of a retirement account that you could very easily sell that right now. Take the loss off your taxes and put IT in to something else. Just that simple.

However, where do you put IT? One of the suggestions that I have, and I still like IT a lot, is fir fazer. Is that about twenty eight dollars a share right now paying a dividend in the six percent area? And I think that's an interesting alternative, especially to devin.

As many of you also probably remember a little bit ago, I also told you all that I really like to divide pain stock by the name of world pool. World pool is about one hundred and ten dollars a share right now, right around. They are not bad, but IT does pay a different aniele of about six point three three percent.

So that's just something that you might wanna think about. I know a lot of you who are looking for in calm, you are looking for interest that safe and sound, and a lot of you are being told that maybe you should be doing corporate bonds. Things like that are agency bonds.

I still will believe that there's more money to be made, if you want, by going into high yielding dividend paying stocks that have enough cash to pay dividends in our solid and possibly in good quality stocks give you growth as well. One of the stocks that we recommended a long time ago, and maybe i'll remember this, in fact, two of the stocks that we did, one was by the name of care trust, C R, T E. And right now it's about thirty dollars a share.

Now IT only pays a three point seven five percent given in. But when we really did start to recommend IT was all the way back over a year ago or so, or even more when he was about twenty dollars a share paying you a good dividend and now you've gotten growth on IT besides the dividend, another one symbol was, oh, do remember this currently pays a five point five percent dividend, but at fifty seven point five one dollars a share, which is what it's at. But when we first started talking about IT, you know really almost two years ago and all IT was down at about forty thousand dollars a share right in there.

So the dividend yield was actually higher at that Price. So you got growth as well as good income. So just don't go throwing out the ability to make money and have income by just going into corporate bonds or agency bonds or things like fab gold.

I have told you that I liked and I still do like IT. It's been doing quite well. The stock that I like the most was the stock with the symbol of G O L D.

IT was called bark. We bought IT about eighteen dollars a share. It's right now at eighteen forty. IT pays a two point on seven percent dividend. IT was as highest, twenty one thirty five.

But to have a little growth, a little gold and be paid two percent in the meantime, not bad. So those are just some of the things. Now is I look at all of those things except for mortgage rates.

Obviously, I don't see one negative thing out there in terms of money. Gold is doing pretty good. That coin is doing great. The stock market is really doing great.

Interest rates are high enough that if you wanted to in treasuries and things do that, you could also if you don't like treasuries and you just want good certificate of deposit, you just want to be easy. Alliant credit union at my alliant dot com, their rates are also pretty good. So there are possibilities for all of you out there when IT comes to making your money grow.

All of those things are positive right now. And I have to tell you, I think they are going to stay positive for a little bit here. I don't know when, but for a while anyway.

And even if they don't and they start to go down with dollar costs average, you should still be in IT to win IT. So that's the podcast for two days. I just want to end with something that I found a little bit interesting, is that recently, a survey was done and people went out and they were asked questions.

What are the five regrets most people often say they have when IT comes to life? So here they are. I didn't spend enough time with the people I love.

I worked too much. I missed out on my, I like fear, control my decisions and didn't take risks. I wish i'd been braver in the face of uncertainty or opportunity.

And I focused too much on the future and must touch with the present. Might wanna write all of those down. You wanna live your life where you don't have regrets.

You, anna, live life truly, that you have true wealth. So until thursday, one is travis will join me again with an S, K, T. And susie, anything? Please know, there's only one thing that I want you to remember when IT comes to your money. And it's people first than money than things. And if you do that and you stay safe and healthy, oh, you will be unstable.

the. I don't need Better. I'm so confident.

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Hi everybody, susie here. Now, if you are looking for a way to start saving to get the most out of your money, I want you to go to my aligned com. That's M Y A L L I A N T dot com, and look into opening an ultimate opportunity savings account, put in at least one hundred dollars a month every single month for twelve consecutive month, earn three point one nine percent interested in your money right now, and get one hundred dollars at the end.

Are you kidding me? It's the best deal out there. Start saving right now.

There, susie orman media, nor suzy orman in is acting as a certified financial planner, adviser, a certified financial analyst, an economic C P, A account or lawyer.

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