Loading summary
Transcript4 lines
- [00:00]
Suze Orman
Hi everybody. Suzio 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 myalliant.com to find out more and be secure. August 7, 2025 welcome everybody to the Women Money podcast as well as everybody smart enough to listen. Susie O here, and I know you're now expecting KT's voice to go, wait, wait. But she's not here. It's just me because she's not quite back yet from her trip to British Columbia where what she has been catching salmon. And for those of you who go on the Women and Money community app, and all of you should be, by the way, you can download it for free at Google Play or Apple Apps. I have posted pictures of just some of the fish that she caught. Now what? Why should you also be going on the community app? Because I give advice there in between podcasts. So, for instance, when these markets went way down last Friday, I immediately went on the Women in Money community app and I said, don't worry about it, hold. This is going to be fine. And I calmed you all down, otherwise you all were going to sell. And then look what happened on Monday. Markets went up incredibly. So therefore, bottom line, and I'm going to reiterate it here, this is the year you want to own stocks. Obviously, it is possible that come August, come September, where we are approximately right now, the markets could have a rough time. They usually do in August. However, I don't care. We have a rough time and the markets go down in particular areas especially. This is the time to buy more. Not to sell, not to get afraid, but to buy more of the stocks that I have wanted you to own now for a long, long time, most of them in the area of artificial intelligence. Now, over the years, and it's been years now, believe it or not, I have been telling you certain stocks that I do want you to buy. So for those of you who have been listening on the podcast, hopefully you have bought them. However, also recently I've been broadcasting the podcast on YouTube as well, and a few episodes I did just for YouTube, one in particular on June 17, and it was on that YouTube episode that I literally told everybody nine stocks that I wanted them to buy. Now, all of you from the Women in Money podcast, you're in all these stocks. If you chose to purchase them. But I also want to teach a lesson here about what happens with individual stocks versus ETFs that hold those stocks. So get out your Suzy notebooks and get ready. Now before I go on, I just want to say, will all of you just go to YouTube.com susie orman and that is where you'll find the official YouTube channel. And there is so much there for you to partake in. Really, you'll enjoy it. A lot of the Suze Orman show is on there now. And while you're there, do me a favor, don't forget to subscribe. Okay, everybody, These are the nine stocks that I did recommend on YouTube. And on YouTube, most of the people that heard it, it was the first time they ever heard me speak about these stocks. Okay? So just be patient here. But there is a lesson for all of you. And again, please remember these are all stocks that were recommended on June 17. The first one was Pfizer and I recommended Pfizer as I have for a long period of time now for its dividend and it is up 2.47% since June 17. However, I just want to say something to everybody. It is very possible because of the tariffs and what's going on. Pfizer is a stock now that maybe we're ready to say goodbye to. I would not be dollar cost averaging into it. And maybe there's a better thing to do than own Pfizer. Just telling you that right, right now. So if you want to sell it, I don't have a problem with it. Just so you know. The next stock was Nvidia and it's up 23.85% since June 17th. Advanced micro devices up 39% since June 17th. Palantir up 24.86% since June 17th. And also microstrategies known as strategy now is only up 0.45%. Okay, those were individual stocks. Now I want you to listen to the ETFs because a lot of you didn't want to buy individual stocks. You wanted to own all of those stocks, but you wanted to do it through an exchange traded fund. So the first one I was telling everybody to buy if you in Fact wanted an ETF and wanted to own those stocks, was SMH symbol. It's up since June 17 10.18%. Not bad. The QQQs are up 6.34%. And IBIT, which does do Bitcoin, that's kind of like a proxy for bitcoin, is up 8.29%. Okay. Overall, all of those are up about 11.21% if you take it all together. But don't you find it interesting that Nvidia up almost 24% AMD up almost 40%, Palantir up almost 25% that those stocks that you all want to be in are up double digits big time, yet the ETFs are only up like 6 or 10% now why am I telling you that? Because if you are able to, and you want to, it doesn't hurt for you to create a portfolio of those individual stocks. You can buy slices of them of those individual stocks and then maybe just to get overall diversification, put some of the money in an ETF if you want, like Voo, which is the Standard and Poor's 500 ETF. And it's my favorite one now that I'm telling all of you about to buy more than the Spiders, more than whatever, we should now really be focusing on dollar cost averaging into voo. So individual stocks for many reasons actually make bigger advances than ETFs so you can do your own little portfolio and diversify that way. And I think you would come out further ahead in the long run. So I just wanted especially to give the YouTubers an update as to how they've done. Again, many of you have been buying some of these stocks for a lot, lot longer and your gain should be extraordinary in these particular stocks if you did what I told you to do a long time ago. Next, I want to talk about something that so many of you have asked me to talk about and that is the stablecoin and the genius act. Now I know a lot of you are saying to yourself, Susie, I don't own crypto. I don't want to own crypto, so why should I care? Well, let me tell you because whether you like it or not, especially with stablecoin, also like a digital dollar, and I will explain that in a second. They are a coming whether you like it or not. So I just want you to get educated right now and I want to be able to do this so that you always feel calm, clear and really in control of your financial future. So as complicated as it might sound at first, I promise you by the time this episode is done, you will be in what I call the CCC area, calm, clear and in control when it comes to your money. You know, I've never wanted you to be confused. I have always wanted you to be clear. But when it comes to Bitcoin, cryptocurrency, even stablecoins, you are so afraid. You're just afraid. Now, I don't blame you if it comes to Bitcoin and Ethereum and other things like that. All right? But when it comes to stablecoins, I want you to know the facts because you need to understand the facts. You need to understand, what are they, why is there a new law regulating them, which ones, if any, are safe, and what I want you to know right now. So I'm going to try to keep this super simple, I promise you. What is a stablecoin? A stablecoin is a type of cryptocurrency, but I'm telling you, it is very different from things like Bitcoin or Ethereum. Those other coins like I just mentioned, they can go up, they can go down. It's like a roller coaster. One day they're up 10%, the next day they're down 20. That's not what we want for our everyday money. A stablecoin is exactly like its name says it's designed to be. Wait for it. Wait for it, everybody. It's designed to be stable. It's meant to stay at a one to one value with a real world asset, and that asset is usually the US dollar. So that means one stablecoin is. Equals one US dollar. At least that's the idea. So you can kind of think of it like this, all right? It's digital cash that lives on the Internet on a blockchain. And all of you by now should know what a blockchain is. It's supposed to give you all the speed and flexibility of crypto, but with the safety of and predictability of the dollar. You gotta hear me here now. But that's a very big but, because why not all stablecoins are created equal. So it just drives me bats when people talk to me about it and they tell me which stablecoin they own and I go suck. Well, that's not nice. That wasn't nice that I just did that. But that's how I feel because they didn't do their research. Now, up until recently, there were no federal rules for stablecoins. Do you hear me? Anyone, and I mean anyone, could create a coin, they could say it was backed by dollars and then convince people to use it. Now the truth of the matter is some of these coins really were backed. They really were. But just some of them, most of them weren't. And guess what happened? People lost their money. Because why? There was no regulation, no audits, no transparency. Really, no safety net. And I guess if we were going to call it Anything. It was like the wild west out there when it came to stablecoins. And that is exactly why Congress passed the Genius act, which is the first real stablecoin law in the United States. And I have to tell you, truthfully, it is a game changer. So what is the Genius Act? It is a law that was signed into effect again in July 2025. It's really the first real framework that we have for, for regulating stablecoins here in the United States. Now you might be wondering, well, Susie, how does it do that? It brings real oversight to these coins and it makes sure that they're properly backed and the companies issuing them follow the rules and that your money is protected if you use them. But here is the key. Don't rush into stablecoins just because they're regulated. Now, I want you to wait and see how these companies comply and always make sure that you understand what you're investing in. Do you hear me? Remember, just because something is legal doesn't make it smart for you. So I'll be watching this space closely, but so should you. I want you to stay informed. And as always, you need to be in control of your money. Don't you think? So anyway, here's what I need you to really understand and write down. While no stablecoin is 100% risk free. You got that? Those stablecoins that are issued by federally licensed banks or credit unions or are fully backed by cash or short term US treasuries, not crypto, not commercial paper, those that are audited monthly with reports available to the public, they are transparent about the redemption policies and they are compliant with anti money laundering rules. I got to tell you, those are the ones that I want you to look into if you're interested in stable coins. Now you're also going to say, how am I going to know which one, Susie? So let me just give you an example. If I were going to tell you about one stablecoin that I personally think is the safest, it would be, and this isn't a guarantee, okay? It would be the USDC one called the USD Coin and it's issued by Circle that's partnered with Coinbase. Why do I like them? Because they are regularly audited, they're backed by cash and short term treasuries and they have transparent reserve reports. So in my opinion, this is the closest thing right now to what the law wants stablecoins to look like. Now you have to be asking me, Susie, why? Why do you want me to even know about these things, right now they all sound way too high tech for me and far away from how I operate. You got to stop right here, people. Because the future is coming sooner than you have any idea. Because stablecoins are going to touch your life whether you realize it or not. Do you get that? Banks are already exploring stablecoins to do what? Pay people faster. Move money instantly 24. 7 to replace expensive wire transfers. Settle transactions between companies and individuals. So one day soon I have to tell you this. Maybe even this year, your paycheck might hit your account instantly because your employer used a stablecoin to move it. Or your investment app. I know you don't think this is going to happen, but listen to me. Or your investment app might settle your trades with stablecoins behind the scenes and you might not even notice it, but it will be happening. So I have to ask you, are you going to be ready? Will you understand what's happening with your money? And you need to. Which is why I decided at this point in time to do a podcast on stablecoins. So what you need to do right now, first of all, I want you to stay in insured accounts for your emergency fund. Use High Yield Savings Accounts, US Treasuries, Money market funds. That is where it should go. Do not put your rainy day money in a stablecoin, any Stable coin. Do you hear me? Next, do not invest in stablecoins. They are not investments, they are tools. And I need you to treat them that way. Number three, if you are to use one, I only want you to use USDC if you happen to be invested in the PayPal USD. Okay? But I really think the USDC one with Coinbase is my number one pick. Number four, can you just ignore any hype that's out there? So many of you write me and you tell me what you've read on Reddit and da da da da. Again, you are to ignore the hype and you are to ignore the fear. You don't need to get rich off stablecoins. That is not what they are there for. So you just need to stay protected as this new system takes shape. And number five, I want you to be really smart with your money. So how do you do that? You continue to dollar cost or value cost averaging into the stocks, ETFs, whatever it may be that you like. You're going to hold on for the long haul. You're going to use Roth accounts, whether it's a 401, 403B, TSB, Roth IRA, both of them, or backdoor Roth. You are going to have your money in Roth retirement accounts most of the time. You're going to have an 8 to 12 month emergency fund of the must pay expenses. You're going to live below your means but within your needs. And you're going to try to own your home outright. If you own a home that you're going to keep forever, you're going to try to own it outright by the time you retire. If you do all of those things, I'm telling you, you're going to achieve the goal of money. And what is the goal of money is for you to be secure. All right everybody, until next Thursday when Ms. Travis will be back and joining us and this Sunday where it will be the final chapter, part three of what the Big beautiful Bill offers you that you need to know about. Until then, all I want for you is to be safe, sound and secure and to make your money make more money.
- [20:57]
Unknown
We will not apologize we are here, we will thrive Together we will rise. We're the rude up in our face and everything it takes. We are strong, we are wise Together we will rise.
- [21:23]
Suze Orman
Hi everybody, Suzy O 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 myalliant.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 $100 a month every Sing month for 12 consecutive months. Earn 3.10% interest on your money right now and get a hundred dollars at the end. Are you kidding me? It's the best deal out there. Start saving right now.
- [22:00]
Unknown
Neither Susie Orman Media nor Susie Orman is acting as a Certified Financial Planner Advisor, a certified Financial Analyst, an economist, cpa, accountant or lawyer. Neither Suze Orman Media nor Suze Orman make any recommendations as to any specific securities or investments. All content contained in this podcast is for informational and general purposes only and does not constitute financial accounting or legal advice. You should consult your own tax, legal and financial advisors regarding your particular situation. Neither Suze Orman Media nor Susie Orman accepts any responsibility for any losses which may arise from accessing or reliance on information in this podcast and to the fullest extent permitted by law. We exclude all liability for loss damages, direct or indirect, arising from the use of this information. The must have documents discussed in this podcast are legal documents created by a lawyer and distributed by Hay House.