Latest / Suze Orman's Women & Money (And Everyone Smart Enough To Listen) / Great Market Update

Transcript

Great Market Update · Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

• 0:08
  Suze: August 16th, what do you got for us, KT?
• 0:11
  KT: 2026.
• 0:14
  Suze: That's right.
• 0:15
  KT: Let's not forget the year, and this has been quite
• 0:19
  KT: the year so far. We just returned from a fantastic
• 0:23
  KT: road trip, one of the best ever, and Suze and
• 0:26
  KT: I have had this on our bucket list for quite
• 0:29
  KT: some time.
• 0:30
  KT: I've always wanted to see the great redwoods in Northern California.
• 0:35
  Suze: She has bugged me about it, bugged me about it,
• 0:37
  Suze: bugged me about it. We lived in San Francisco forever. Suze,
• 0:40
  Suze: let's go see the redwoods, and for some reason...
• 0:43
  KT: We never went past Napa. So finally we actually started
• 0:47
  KT: in Oregon and drove south. It was great.
• 0:52
  KT: And Suze and I did everything. Oh yeah, we, we
• 0:57
  KT: arrive and they gave us a choice of vehicles, and
• 0:59
  KT: I don't like big SUVs. I'm a little short and
• 1:02
  KT: I always have to jump...
• 1:04
  Suze: Do you think you're a little short?
• 1:04
  KT: I have to always jump up and slide down.
• 1:07
  Suze: Wait, before we go further, I have to make a
• 1:09
  Suze: comment about KT being short. My mama was only like 5... 4'8.
• 1:16
  Suze: She was very small. KT's 5'2.
• 1:20
  Suze: And I'll never forget my mother looking at KT and say, KT,
• 1:24
  Suze: I used to be tall like you! Anyway, go on, KT.
• 1:28
  Suze: I just had to tell that story. Go on,
• 1:30
  KT: We had the best time first of all just to
• 1:33
  KT: be in that North Pacific air and the clean, clean,
• 1:38
  KT: clean mountains was just magnificent, but Suze did a couple
• 1:42
  KT: of things I never expected.
• 1:44
  Suze: Nor did I.
• 1:44
  KT: She climbed the dunes in Oregon, so my sister lives
• 1:50
  KT: there and we visited her and we went to the
• 1:52
  KT: Oregon dunes and Barbara literally thought she'd have to pull
• 1:56
  KT: Suze up the dune but she did not.
• 1:59
  Suze: Actually nobody ever thought I would even attempt.
• 2:03
  KT: Not even attempt, so we, we did everything we went
• 2:07
  KT: and got crabs and oysters and we climbed the dunes
• 2:11
  KT: we hiked to the lake...
• 2:12
  Suze: Bu the great thing is we drove ourselves.
• 2:16
  Suze: We stayed in little cabins that were so great. We
• 2:20
  Suze: went through the redwoods, which were fabulous. We went through
• 2:24
  Suze: a tree that really wasn't the tree we thought we
• 2:26
  Suze: wanted to go through. You should look on the Women
• 2:29
  Suze: and Money community app
• 2:30
  KT: We had fun in our little Bronco. The Bronco was great.
• 2:34
  Suze: And we fell in love with the Bronco, fell in
• 2:38
  Suze: love with it. But anyway, we had a great time
• 2:41
  Suze: and now we are back.
• 2:44
  Suze: So a few things though...
• 2:46
  KT: Can't wait to do another road trip.
• 2:48
  Suze: I know she's into it, everybody. She's so into it.
• 2:51
  Suze: So a few things about a trip just in case
• 2:54
  Suze: you want to take a little trip or you happen
• 2:56
  Suze: to be in the area on October 3rd and 4th
• 3:01
  Suze: in Glendale, California at the Alex Theater.
• 3:06
  Suze: There is a two-day wonderful workshop with 16 of Hay
• 3:12
  Suze: House's favorite authors, that includes me, by the way, and
• 3:17
  Suze: I will be giving the closing keynote on October 4th,
• 3:21
  Suze: but you should all seriously check it out. Doctor Mindy
• 3:25
  Suze: Peltz will be there. Doctor Christine Northrop, Brendon
• 3:29
  Suze: Bouchard, Cheryl Richardson, so many incredible people. And if you're
• 3:33
  Suze: in that area, you should really attend for those two days. Again,
• 3:39
  Suze: all you have to do is go to Suze Orman.com/empower,
• 3:46
  Suze: E M P O W E R, and just check
• 3:49
  Suze: it out. And even if you can't physically attend, I
• 3:53
  Suze: think they're gonna be streaming or doing things like that.
• 3:56
  Suze: So just go there and see what you find. I'm
• 4:01
  Suze: actually kind of excited to do that.
• 4:02
  KT: I know, but we have to tell them that this
• 4:04
  KT: is also in honor of Louise Hay's 100th birthday. Louise
• 4:10
  KT: would have been 100 years old and for those of
• 4:14
  KT: you that have never met her, Susie and I always
• 4:17
  KT: said this was one of the highlight of our lives,
• 4:20
  KT: to know Louise personally. She spent a number of wonderful
• 4:25
  KT: events and times with her.
• 4:26
  Suze: So check it out, everybody. So KT, I'm gonna do
• 4:30
  Suze: a Suze school today on the Stock market and all kinds
• 4:34
  Suze: of things like that that people wanna know anything you
• 4:37
  Suze: want to talk about?
• 4:38
  KT: Yeah, I received a fantastic email that I need to
• 4:42
  KT: share before you begin. This is really important and it
• 4:45
  KT: has to do with the Ultimate Scam and Identity Protection
• 4:49
  KT: program that Suze is really.
• 4:52
  KT: Asking all of you to look into and you can
• 4:55
  KT: also find that on Suze Orman.com, but I received this.
• 4:59
  KT: It said hi to the dynamic duo of KT and Susie.
• 5:03
  KT: I'm writing to thank you, Suze, for the referral to
• 5:06
  KT: CoverOn Cyber Coverage, and that's the Ultimate Scam and Identity Protection program, everyone.
• 5:13
  KT: My 90 year old dad was recently the victim of
• 5:16
  KT: identity theft. The thieves were incredibly persistent. They attempted to
• 5:23
  KT: access his bank accounts and credit cards and even tried
• 5:26
  KT: to get into the deed to his house.
• 5:30
  KT: Thankfully no money or property was lost. With CoverOn's guidance
• 5:35
  KT: we were able to navigate the whole mess and protect him.
• 5:39
  KT: I honestly could not have dealt with this situation without
• 5:43
  KT: their help. So thank you, Suze. That's a big bold
• 5:47
  KT: shout out, by the way, Suze.
• 5:49
  KT: That recommendation was a lifesaver.
• 5:52
  Suze: I love that. You know, I just have to, since
• 5:54
  Suze: you brought that up, KT, update everybody on some of
• 5:58
  Suze: the changes in the Ultimate Scam and Identity Protection program. So it really is
• 6:06
  Suze: two and one. It's not just scam protection. It's not
• 6:10
  Suze: just identity theft protection. It is both. However, we have
• 6:15
  Suze: added to it...
• 6:17
  Suze: The title insurance up to $100,000 to protect your home,
• 6:24
  Suze: your deed, in case somebody tries to steal it, or
• 6:27
  Suze: if they did, we now have added that just so
• 6:31
  Suze: you know, also, it is $2 million of identity theft protection.
• 6:37
  Suze: And what I'd like to ask all of you to
• 6:40
  Suze: do is to go to Suze Orman.com, look at this program,
• 6:45
  Suze: and scroll down and look at the comparison between this
• 6:51
  Suze: program and all the others that are out there. It's
• 6:54
  Suze: right there if you go there and you'd click on it,
• 6:57
  Suze: and you'll see that this Ultimate Scam and Identity Protection program from CoverOn.
• 7:04
  Suze: In my opinion, is the best you can get anywhere.
• 7:09
  Suze: Now you have to know I bought it myself. KT
• 7:12
  Suze: has it, right? But you know, so I had to
• 7:15
  Suze: pay for it. So if I'm paying for it and
• 7:19
  Suze: I have it to protect what we have, what I have,
• 7:22
  Suze: what KT has, you should too.
• 7:25
  Suze: Also, there's a rumor that sooner than later, they're gonna
• 7:28
  Suze: come out with a family plan as well, so stick
• 7:32
  Suze: with us. Now, for those of you who already bought it,
• 7:35
  Suze: don't worry, all these updates are just added to your program,
• 7:41
  Suze: so it's not like you have to buy more or
• 7:43
  Suze: do something like that again.
• 7:44
  Suze: $95.88. I am telling you, it is worth its weight
• 7:50
  Suze: in gold. So, check it out and get it, everybody.
• 7:54
  Suze: You know what's so sad, KT is that identity theft
• 7:58
  Suze: is no longer what everybody needs truthfully, they need identity
• 8:03
  Suze: theft and scam protection because the people don't even care
• 8:07
  Suze: about stealing your identity anymore. They care about stealing your money.
• 8:12
  Suze: And this is one of the only programs that if
• 8:15
  Suze: they do steal your money or if you fall victim
• 8:17
  Suze: to an online scam, CoverOn will return up to $100,000.
• 8:24
  Suze: No other program out there does it, so...
• 8:27
  Suze: I'm so happy.
• 8:28
  KT: So it's like cyber insurance.
• 8:30
  Suze: It's everything. You have to check it out, everybody.
• 8:33
  KT: One more thing, Suze!
• 8:34
  Suze: And what could that be? I have a feeling.
• 8:36
  KT: Feliz Cumpleaños, Colo.
• 8:39
  Suze: Oh, Colo, Colo. It's his birthday tomorrow. Everybody, he's, can
• 8:44
  Suze: you believe he's gonna be 47?
• 8:46
  KT: No, no, no, don't tell me he's still a young man.
• 8:49
  Suze: He's your baby boy.
• 8:50
  KT: He's our baby boy, and Colo, we just wanna wish
• 8:54
  KT: you the happiest, happiest day of your life. We wish
• 8:58
  KT: we were there. We wish we were celebrating with you,
• 9:01
  KT: but you're in our heart forever and you have your
• 9:04
  KT: Annie who will probably make you a fabulous big birthday cake.
• 9:09
  Suze: But Colo, seriously, you, we talk to you all the time.
• 9:14
  Suze: You know how much we love you, but tomorrow is
• 9:17
  Suze: always a special, special day in our life because that
• 9:22
  Suze: was the day you were born and you brought with
• 9:26
  Suze: you such joy, such everything. I mean...
• 9:30
  KT: Happiness, happiness.
• 9:31
  Suze: Have you ever met a better person in your life
• 9:33
  Suze: than Colo?
• 9:33
  KT: Never... maybe you.
• 9:36
  Suze: No, not even me. So Colo from KT and I...
• 9:40
  KT: Feliz Cumpleaños
• 9:42
  Suze: Colo, we love you so very, very much.
• 9:46
  Suze: So what are you gonna do now, KT?
• 9:48
  KT: I'm getting ready to launch our boat and go for
• 9:51
  KT: a little boat ride.
• 9:53
  Suze: You are?
• 9:54
  KT: And you're coming with me as soon as you're done
• 9:56
  KT: with Suze School.
• 9:58
  Suze: I am?
• 9:59
  KT: Yeah.
• 10:00
  Suze: Don't you think you should have told me?
• 10:02
  KT: No, we're just going for a little ride, make sure
• 10:04
  KT: everything's working fine. Might drop a line or two, everybody.
• 10:08
  KT: But we're gonna go for a ride, so get on
• 10:10
  KT: with your Suze school so we can launch.
• 10:12
  Suze: All right, my dear.
• 10:14
  KT: Have fun, everybody. Listen up. She has a lot of
• 10:17
  KT: good news.
• 10:20
  Suze: And there she goes. All right, the truth is we
• 10:22
  Suze: had the best time ever, ever, and we can't wait
• 10:27
  Suze: to do something like that again. All right, Suze School
• 10:32
  Suze: is now in session, so take out your little Suze
• 10:36
  Suze: notebooks cause I'm telling you, you're going to want to
• 10:39
  Suze: write down certain things that I am telling you today.
• 10:46
  Suze: Now, over the week that we were gone,
• 10:50
  Suze: the markets really did kind of a turnaround, and in truth,
• 10:54
  Suze: the markets have gone up so much and a lot
• 10:57
  Suze: of you now are writing saying, did I miss it?
• 11:00
  Suze: Should I still be putting money in? Is everything too expensive?
• 11:05
  Suze: Should I be taking money out? What in the world
• 11:08
  Suze: am I supposed to do, Suze?
• 11:10
  Suze: So today, I just want you to have a very
• 11:13
  Suze: easy understanding of what's happening, so you can make decisions
• 11:18
  Suze: from a position of strength rather than fear. So here
• 11:24
  Suze: we go. First of all, I have to tell you,
• 11:27
  Suze: I like what I am seeing in the overall stock market.
• 11:32
  Suze: Put a pin in that for one second.
• 11:35
  Suze: I have a question for all of you. Did you,
• 11:39
  Suze: in fact, as this market was going down, as semiconductors
• 11:44
  Suze: were getting obliterated, while all the stocks that I was
• 11:47
  Suze: telling you I loved were going down and down and down,
• 11:52
  Suze: were you dollar cost averaging into them? Were you?
• 11:57
  Suze: Or did you lose faith and were you almost at
• 12:00
  Suze: the point where you were at, I have to sell,
• 12:02
  Suze: I can't do this anymore. Oh my God, I'm losing
• 12:05
  Suze: my profits. I made money and now it's going away
• 12:08
  Suze: and now I don't know what to do. Were you
• 12:11
  Suze: dollar cost averaging, or did you freeze? Because if you
• 12:18
  Suze: froze because markets were going down, your stocks, your ETFs
• 12:22
  Suze: were going down.
• 12:24
  Suze: You lost out on one of the greatest opportunities that
• 12:28
  Suze: were out there at the time. I keep telling you,
• 12:32
  Suze: when stocks are good, ETFs are good, even if the
• 12:37
  Suze: markets themselves are going down and then everything's kind of
• 12:41
  Suze: going down.
• 12:43
  Suze: That is your chance to buy more shares, which is
• 12:46
  Suze: why I am such an advocate in good markets and
• 12:50
  Suze: bad markets of dollar cost averaging.
• 12:55
  Suze: But a lot of you just freeze and you don't
• 12:59
  Suze: do anything. So, hopefully you did not make that mistake.
• 13:05
  Suze: What am I seeing in the overall market? I like
• 13:09
  Suze: what I'm seeing. I really do. Listen, the Standard and
• 13:13
  Suze: Poor's 500, in my opinion, is in a very strong position.
• 13:19
  Suze: So near term, believe it or not, I think it
• 13:22
  Suze: can move towards 8,000. Now it closed on Friday at 7,785.
• 13:32
  Suze: I still think it has room to go and trust me,
• 13:35
  Suze: you're gonna think I've really lost it here, but if
• 13:39
  Suze: it breaks out, it really could break out, meaning it
• 13:43
  Suze: just goes for it, it goes above 8,000.
• 13:46
  Suze: You never know, it could break out to a brand
• 13:50
  Suze: new high and stay above it, and it has the potential, really,
• 13:54
  Suze: in my opinion, again, of reaching 9,000. Now, I remember
• 13:59
  Suze: a year or two ago, we were saying, oh well,
• 14:01
  Suze: maybe it will reach 7,000 when it was like 5,000
• 14:05
  Suze: and 6,000 and everybody was like, really?
• 14:08
  Suze: So, this market is stronger than we think it is,
• 14:13
  Suze: and it's showing us that right now. Again, put a
• 14:16
  Suze: pin in this for a second.
• 14:18
  Suze: So many people out there are so negative right now,
• 14:23
  Suze: and they are scaring you. They are saying to you,
• 14:26
  Suze: we are in an AI bubble. They are saying to
• 14:29
  Suze: you there's too much debt, which there is, but there's
• 14:32
  Suze: too much debt, there's this, there's that. Be careful. If
• 14:36
  Suze: it crashes, everything's gonna go down. It's gonna be worse
• 14:39
  Suze: than 1929, and they are scaring you out of your minds.
• 14:45
  Suze: I'm asking you to keep your cool.
• 14:49
  Suze: To just keep dollar cost averaging, to maybe take some
• 14:53
  Suze: free trades when your stock has doubled, maybe you take
• 14:56
  Suze: some money off the table, you do things like that,
• 15:00
  Suze: but you have to just keep going, especially right now.
• 15:07
  Suze: So why do I think it's so strong right now,
• 15:11
  Suze: the market? What's changed? What's changed in it, and this
• 15:15
  Suze: is important to everybody.
• 15:17
  Suze: It isn't only a few enormous technology companies that are
• 15:22
  Suze: taking the entire market higher anymore. That is a big deal.
• 15:28
  Suze: Do you understand that? We're seeing small companies participate, we're
• 15:33
  Suze: seeing value stocks participate. Do you remember a little bit
• 15:36
  Suze: ago I said I liked value stocks? We're seeing the
• 15:39
  Suze: equal weighted S&P participated, remember?
• 15:43
  Suze: RSP, I told you we might want to think about
• 15:46
  Suze: going into that ETF, which simply means that instead of
• 15:50
  Suze: a few giant companies, those big mag sevens, whatever, having
• 15:55
  Suze: most of the influence, every company in the index.
• 16:00
  Suze: Is essentially participating on some level. We're also, by the way,
• 16:06
  Suze: seeing strength outside the United States, which includes Europe and Japan.
• 16:13
  Suze: Now you have to ask, Suze, why do you care
• 16:16
  Suze: about that? Because when more and more areas of the
• 16:20
  Suze: market are participating, that's normally a healthier sign than when
• 16:25
  Suze: five or six companies are doing all the work, right?
• 16:30
  Suze: You gotta get that. So, I want you to listen
• 16:33
  Suze: very closely, because many of you really have abandoned many
• 16:40
  Suze: of the companies, the semiconductors, and everything that went down,
• 16:44
  Suze: and I have to tell you,
• 16:46
  Suze: I still love semiconductors, the chips that power everybody, artificial intelligence,
• 16:54
  Suze: the data centers, the computers, and so much of the
• 16:58
  Suze: technology that is changing the world right before our very eyes.
• 17:02
  Suze: I still love them, and a lot of you have
• 17:05
  Suze: written me and said, I sold, I got out, I
• 17:08
  Suze: had enough, I can't take it anymore.
• 17:11
  Suze: But I really believe that one of the best places
• 17:15
  Suze: for new money right now, as well as keeping your
• 17:18
  Suze: money there, are semiconductors, and why do I think that?
• 17:25
  Suze: Because they pulled back. They went back so much, I
• 17:30
  Suze: can't even tell you. And it was like, oh my God,
• 17:33
  Suze: oh my God, oh my God. But that was when
• 17:36
  Suze: you're saying, oh my God, you should be dollar cost
• 17:40
  Suze: averaging into them,
• 17:41
  Suze: and buying more. SMH was one of my favorite exchange
• 17:46
  Suze: traded funds. Do you remember that?
• 17:50
  Suze: Now, I do believe that leadership is coming back to
• 17:54
  Suze: this group. You just have to know that. And I
• 17:58
  Suze: believe the semiconductor index itself can eventually make a new
• 18:03
  Suze: all-time high, and that again is SMH for an ETF.
• 18:09
  Suze: But here's something else I just want to tell you
• 18:11
  Suze: that I find fascinating.
• 18:13
  Suze: For years, industrial machinery companies, companies, you know, that actually
• 18:19
  Suze: make the equipment used to build things, have often moved
• 18:23
  Suze: very closely with semiconductor companies, and when you really think
• 18:29
  Suze: about it, that makes sense, right? Artificial intelligence doesn't just
• 18:34
  Suze: magically live somewhere in the cloud.
• 18:37
  Suze: AI needs chips. It needs data centers. Those data centers
• 18:42
  Suze: need enormous amounts of electricity. They need cooling, they need construction,
• 18:46
  Suze: they need machinery. They need an entire infrastructure built around them.
• 18:52
  Suze: So when I see strength returning to like a major
• 18:56
  Suze: industrial machinery companies at the same time that I see
• 19:02
  Suze: opportunity in semiconductors, which are AI memory chips and power infrastructures.
• 19:08
  Suze: I have to tell you, I pay attention to that
• 19:11
  Suze: because it's all connected, it just is.
• 19:16
  Suze: I like this area a lot. I still think you
• 19:20
  Suze: should be investing in it. If you were to ask me, Suze,
• 19:24
  Suze: what is your number one favorite place to be investing
• 19:27
  Suze: right now, it would be semiconductors. It would be Nvidia,
• 19:32
  Suze: it would be SMH. It would be those stocks, the
• 19:37
  Suze: Magnificent Seven again. It would be those all over again,
• 19:42
  Suze: just so you know.
• 19:45
  Suze: Now, dollar cost average, take it slowly, but hopefully you
• 19:49
  Suze: also took advantage when those stocks got obliterated just a
• 19:55
  Suze: little bit ago. Now I want to go halfway around
• 19:58
  Suze: the world for a moment.
• 20:00
  Suze: Right? Because there's two enormous semiconductor companies that were cut
• 20:06
  Suze: in half this past July, that I have to tell you,
• 20:10
  Suze: I really, really like. Samsung is one, but another one.
• 20:16
  Suze: And I think we put out a tip sheet that
• 20:20
  Suze: was going out to all the people that were part
• 20:22
  Suze: of the webinar, and little by little you'll be getting it.
• 20:25
  Suze: And one of my favorites that I put on there
• 20:29
  Suze: is a stock by the name of SK Hynix symbol
• 20:35
  Suze: is SKHY.
• 20:39
  Suze: Now, it's had a little bit of a run lately,
• 20:42
  Suze: but I still like that stock a lot. So, if
• 20:46
  Suze: you're looking for a new stock or a new place
• 20:48
  Suze: to put money, little by little, you might want to
• 20:51
  Suze: take advantage of that. Now, let me go back for
• 20:55
  Suze: a second to the Magnificent Seven, since I just happened
• 20:59
  Suze: to talk about them.
• 21:01
  Suze: The one that I like the most right now is Nvidia.
• 21:06
  Suze: I know everybody thinks Nvidia is over, but Nvidia, in
• 21:11
  Suze: my opinion again, is uniquely positioned. If money continues rotating
• 21:17
  Suze: back into the semiconductors, I think it's going to go there.
• 21:21
  Suze: The next one, believe it or not, for me, is Google.
• 21:25
  Suze: And what's fascinating about Google right now is that from
• 21:29
  Suze: just a pure market standpoint, it has actually been trading
• 21:34
  Suze: more like a semiconductor stock than a traditional technology stock. Now,
• 21:40
  Suze: you know, I love Apple. I told you it was
• 21:43
  Suze: my number one pick. I also love Amazon, but I
• 21:47
  Suze: just want to tell you, I'm a little bit more
• 21:49
  Suze: cautious with those two stocks. Why?
• 21:52
  Suze: 'Cause they've had tremendous moves, and now they're running into
• 21:57
  Suze: what I taught you about a long time ago, something
• 22:00
  Suze: that we call resistance. Remember, I, I've always given you
• 22:04
  Suze: that example that you're on a ladder, and you get
• 22:09
  Suze: up to the very top of the ceiling.
• 22:12
  Suze: And the ceiling is resistance. Now, when a stock gets
• 22:17
  Suze: to a ceiling for some reason, a lot of sellers
• 22:21
  Suze: come in and they start to sell it. Little by
• 22:25
  Suze: little they start to sell it, but eventually that stock
• 22:31
  Suze: may break through the ceiling through resistance, and when it does,
• 22:36
  Suze: I have to tell you.
• 22:39
  Suze: Then it starts to go. However, if that happens, you
• 22:42
  Suze: still have to be careful. So, I don't want you
• 22:46
  Suze: to chase Apple or Amazon simply because everybody else suddenly
• 22:51
  Suze: wants them. I want you to dollar cost average little
• 22:55
  Suze: by little into those stocks, because I still like them
• 22:59
  Suze: a lot.
• 23:00
  Suze: Now, a little bit ago, I told you as well
• 23:05
  Suze: that I liked value stocks better than growth stocks. Well,
• 23:10
  Suze: guess what? Now I'm liking growth stocks again better than
• 23:15
  Suze: value stocks. So what's the difference in case you don't
• 23:19
  Suze: know what I even mean by that? A growth stock
• 23:23
  Suze: is a company where investors believe the earnings and revenues
• 23:27
  Suze: can increase faster than the average company.
• 23:32
  Suze: And growth stocks are like technology, artificial intelligence, um, semiconductors, companies,
• 23:39
  Suze: where investors are essentially saying, hey, I believe this company
• 23:43
  Suze: is going to be worth a lot more in the future,
• 23:47
  Suze: because it can keep growing.
• 23:50
  Suze: And because investors expect all of that future growth, they're
• 23:55
  Suze: normally willing to pay more for that kind of stock.
• 23:59
  Suze: Got that? A value stock is very different. A value
• 24:03
  Suze: stock is usually a more established company that impairs, like
• 24:08
  Suze: inexpensive compared to what it earns, what it owns, or
• 24:12
  Suze: what investors believe the underlying business is actually worth. It
• 24:17
  Suze: has value to it.
• 24:20
  Suze: So here's how I want you to remember it. With
• 24:22
  Suze: a growth stock, you're often willing to pay more today
• 24:27
  Suze: because you're betting on what that company can become tomorrow.
• 24:32
  Suze: With a value stock, you're looking at today's price and saying,
• 24:37
  Suze: wait a minute, I think this company may already be
• 24:41
  Suze: worth more than the market is giving it credit for.
• 24:44
  Suze: And that's all. That's just the difference now, truthfully, neither
• 24:49
  Suze: one is automatically better. There are times when growth leads.
• 24:54
  Suze: There are times when value leads. In the past month
• 24:57
  Suze: or two or so when I said I like value,
• 25:00
  Suze: they were leading. Now I think growth is going to
• 25:05
  Suze: lead again over your lifetime. You just need to know
• 25:10
  Suze: that there absolutely is a role for both.
• 25:14
  Suze: But what I prefer right now in the shorter term,
• 25:18
  Suze: I prefer growth over value. Why? Because parts of the
• 25:24
  Suze: value market, when I was talking about it months ago,
• 25:27
  Suze: they have now become totally overbought and here's what I
• 25:32
  Suze: find so funny about it some gigantic companies that you
• 25:36
  Suze: don't necessarily think about when you hear the word value
• 25:40
  Suze: have had enormous moves on their own.
• 25:44
  Suze: So, you have to look at all of the stocks
• 25:48
  Suze: that you own, make sure you have both, but right now,
• 25:52
  Suze: if you're thinking about investing new money, more money, I
• 25:57
  Suze: would go more towards growth than value. I want to
• 26:02
  Suze: talk about healthcare here for a second because as you know,
• 26:06
  Suze: I have loved one healthcare ETF...
• 26:11
  Suze: And that's XBI. It's a biotech, and I like biotech
• 26:17
  Suze: on its own relative to other areas of health care.
• 26:21
  Suze: I just do. So if you don't have health care
• 26:25
  Suze: as part of your
• 26:26
  Suze: portfolio in terms of an ETF, I still think you
• 26:31
  Suze: can dollar cost average into XBI just that simple. There's
• 26:38
  Suze: lots of opportunity, everybody, in this market, and again I'm
• 26:43
  Suze: gonna repeat this. I especially like what I'm seeing in
• 26:47
  Suze: semiconductors and biotech. I want to address FITZ.
• 26:54
  Suze: The ETF FITZ, as well as his new ETF FIZY FIZY,
• 26:59
  Suze: which is an options play, you need to be patient.
• 27:05
  Suze: When an ETF just comes out, it has to settle in.
• 27:10
  Suze: A lot of those stocks will pay dividends for you,
• 27:13
  Suze: but they haven't paid them yet, so just stick with it.
• 27:18
  Suze: Um, both of those are going to be fine in
• 27:21
  Suze: the long run, and I know a lot of you
• 27:24
  Suze: were probably disheartened because it didn't go up right away.
• 27:28
  Suze: Are you kidding me?
• 27:30
  Suze: As you need to know, things don't go up right
• 27:34
  Suze: away when they come out, they just don't. But little
• 27:38
  Suze: by little, FITZ is coming up. It's above now where
• 27:43
  Suze: many of you probably purchased it at.
• 27:46
  Suze: Just stick with it in the long run and shortly
• 27:50
  Suze: I will have Fitzy on again to talk about it
• 27:54
  Suze: so you can understand what's going on there and what
• 27:57
  Suze: he believes is happening in these markets. So there is
• 28:04
  Suze: opportunity out there, everybody, however,
• 28:09
  Suze: Opportunity just doesn't mean that you throw caution out the
• 28:12
  Suze: window and chase whatever went up the most yesterday, do
• 28:16
  Suze: you hear me? Some of the names everybody loves have
• 28:20
  Suze: simply gone too far, too fast, and this is where
• 28:25
  Suze: investing becomes emotional, because when something keeps going up, every
• 28:29
  Suze: instinct inside of you says, buy it before I miss it. No.
• 28:34
  Suze: When something you own goes down, every instinct says sell
• 28:39
  Suze: it before I lose more. No, but successful investing, listen,
• 28:45
  Suze: requires you to do exactly the opposite of what your
• 28:49
  Suze: emotions are screaming at you to do.
• 28:53
  Suze: You don't chase strength simply because everybody is talking about it.
• 28:58
  Suze: You look for weakness in fundamentally strong areas where the
• 29:03
  Suze: long term story is still intact. So I need you
• 29:08
  Suze: all to remember this. Just because a stock has gone
• 29:11
  Suze: up does not mean it is safe. And just because
• 29:15
  Suze: a stock has gone down does not mean it's dangerous.
• 29:18
  Suze: Price and value, do you understand, are not the same thing.
• 29:23
  Suze: So, what is your job right now? Seriously, your job
• 29:28
  Suze: is to stay grounded.
• 29:30
  Suze: To stay diversified, to stay disciplined, to understand what you
• 29:36
  Suze: own and why you own it, and above all, never
• 29:41
  Suze: do you listen to me now, never allow fear or
• 29:44
  Suze: greed to make your financial decisions for you, because whether
• 29:49
  Suze: this market is being driven forward by the greatest technological
• 29:52
  Suze: revolution of our lifetime are being constrained by the largest
• 29:57
  Suze: debt burden of our lifetime. One fundamental truth has not changed.
• 30:04
  Suze: You don't build wealth by reacting emotionally.
• 30:09
  Suze: I want you to write this down. You build wealth
• 30:13
  Suze: by making intelligent decisions and having the courage to stick
• 30:18
  Suze: with them to dollar cost average.
• 30:23
  Suze: To only make moves that do make you feel secure.
• 30:27
  Suze: You can do that.
• 30:29
  Suze: But you have to stay in this game that we
• 30:33
  Suze: call investing.
• 30:35
  Suze: In up markets, and down markets, with rumors, with not rumors,
• 30:40
  Suze: whatever it may be, in the long run for you
• 30:44
  Suze: to be OK again, if you have at least five
• 30:47
  Suze: or ten years or longer till you need the money,
• 30:50
  Suze: the greatest things that can happen is when the markets
• 30:53
  Suze: go down. Please remember 2007, 2008. Those were some of
• 30:58
  Suze: the greatest opportunities of buying stock in your lifetime.
• 31:03
  Suze: 2022, the exact same thing. Just remember certain things and
• 31:09
  Suze: just keep consistent. Consistency, and good quality ETFs, stocks, and
• 31:18
  Suze: those things, fabulous.
• 31:21
  Suze: So, that's your Suze School for today. So until next week,
• 31:28
  Suze: there's only one thing that I want you to remember
• 31:30
  Suze: when it comes to your money, and it is this
• 31:32
  Suze: people first, then money, then things. Now you stay safe.
• 31:38
  Suze: Bye bye.