Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Suze School: Brace for the Storm
Aug 4, 2024
Learn how to weather financial storms with strategic investment planning reminiscent of hurricane preparedness. Explore economic indicators like layoffs and rising credit card delinquencies that signal potential instability. Discover the volatile world of cryptocurrency, including Bitcoin and Ethereum, along with smart trading practices and tax considerations. Emphasize the importance of maintaining strong relationships during uncertain times while ensuring you're financially equipped to face challenges head-on.
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Use A Ladder For Rate Uncertainty
- Build a ladder of maturities (CDs, Treasuries, etc.) combining long and short terms.
- This protects you from unknown rate moves while capturing higher yields when available.
10-Year Yield Signals Falling Rates
- The 10-year Treasury near 3.8% predicts lower mortgage rates ahead and pressures money-market yields downward.
- Lower long-term rates may prompt the Fed to cut sooner than expected, affecting mortgages and cash returns.
Stay The Course In Big Tech If You Have Time
- If you can tolerate volatility and have time, stay invested in big tech and dollar-cost average on big down days.
- Avoid selling in panic; diversify into defensive assets to reduce sleeplessness and emotional decisions.