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The Number One Piece of Advice for Investors Today · Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

• 0:00
  Robert: Hi there, it's Robert, the producer. Make sure you listen
• 0:03
  Robert: all the way to the end of this brand new
• 0:05
  Robert: episode of the Women and Money podcast because we have
• 0:08
  Robert: a special treat for you.
• 0:17
  Suze: November 16, 2025. Welcome everybody to the Women and Money podcast,
• 0:22
  Suze: as well as everybody smart enough to listen. And yes,
• 0:26
  Suze: today is Suze School. Now listen to me closely. There
• 0:31
  Suze: are so many things that we need to learn because
• 0:33
  Suze: how was your week last week? What did the market
• 0:36
  Suze: do to you?
• 0:37
  Suze: Did your positions make you go absolutely nuts and were
• 0:40
  Suze: you scared because they went down a week or so
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  Suze: ago and then they went up and then went what's
• 0:45
  Suze: going on here? So once again, because last week, Suze
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  Suze: School was absolutely such a tremendous success in explaining to
• 0:55
  Suze: you what's really going on because it's so much different
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  Suze: than
• 0:59
  Suze: all of you think, guess who's back today? Yes, the
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  Suze: one and only, as I call him, Fitzy. Fritzy, I
• 1:08
  Suze: have many names for him, but Mister Keith Fitz-Gerald and
• 1:12
  Suze: all of you now know who he is. And if
• 1:14
  Suze: you don't, do me a favor, just look him up,
• 1:17
  Suze: and you'll understand why he is really the only one
• 1:21
  Suze: that I go to when I want you to know
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  Suze: and I want to know for sure what the heck
• 1:28
  Suze: is going on. So Keith, seriously, everything got hit. So
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  Suze: now explain to everybody what's really going on and why
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  Suze: this is an opportunity of a lifetime if they could
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  Suze: just understand that.
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  Keith: I would be delighted because what makes this week different
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  Keith: from last week, Suze, is last week the nonsense and
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  Keith: the shenaniganry was largely confined to two or three stocks.
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  Keith: It was Nvidia and Palantir right at the top of
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  Keith: the list because that's what Mr. Burry "Predictimus Maximus" decided to,
• 2:01
  Keith: you know, file on.
• 2:02
  Keith: Uh, in addition to all his other holdings, but what
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  Keith: makes this week different is that when he did that,
• 2:08
  Keith: it was like throwing a rock in the pond. Suddenly
• 2:10
  Keith: you have ripples, and all of the pension funds, endowments,
• 2:14
  Keith: large funds, index funds, mutual funds, ETFs, they all picked
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  Keith: up on that. And so this week what happened was
• 2:21
  Keith: that selling.
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  Keith: Got the computers going and once the computers got into it, Suze,
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  Keith: all the other computers that pick up, it's like it's
• 2:29
  Keith: a game of Chinese whispers if you remember that in kindergarten,
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  Keith: you know, one person says something at the one end
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  Keith: of the room and you try to whisper it all
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  Keith: the way to the other and the story never arrives
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  Keith: in the same way it was sort of originated.
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  Suze: Keith, I think it's called telephone, you know, telephone.
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  Keith: That one, yes...
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  Suze: I was like, what the heck is he talking about? Oh, OK,
• 2:45
  Suze: go on.
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  Keith: Well, anyway, you know, the, the thing about this is
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  Keith: that now suddenly all of the computers have the incentive
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  Keith: to begin selling and unwinding because they determine that there's
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  Keith: the probability of a disturbance. The big institutions often invest
• 3:03
  Keith: because of flow, and what I mean by that is
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  Keith: that if money is coming in, they buy. If money
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  Keith: is going out, they sell. And so when Mr. Burry
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  Keith: threw a
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  Keith: rock in the water, he ignited a flow battle. A
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  Keith: lot of funds that I want out. A lot of
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  Keith: funds that I want in, and volatility shows up and
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  Keith: more sellers than buyers appeared at the table. And so
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  Keith: we saw this big massive selloff because nobody wanted to
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  Keith: be the last person at the party and that's really
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  Keith: when you break it all the way down as simple
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  Keith: as it
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  Keith: gets.
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  Suze: Let's really now get to the question, which is.
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  Suze: When somebody sells a stock, somebody has to buy that stock.
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  Suze: So therefore, who is buying what we are selling right now?
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  Suze: And when I say we, it's usually everyday people. They've
• 3:58
  Suze: gotten scared. They are out. They already have a profit
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  Suze: because really they have listened to us, Keith, and they
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  Suze: bought Palantir, they bought Nvidia, they bought all these stocks,
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  Suze: and they're still up. It's not like they've lost money.
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  Suze: It's just that they've lost profit.
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  Suze: And so then what comes is that, oh my God,
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  Suze: I don't want to lose any more money. I'm getting out.
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  Suze: That's it. I've had it. Is it what some people
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  Suze: want them to do at this point? Who is buying
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  Suze: what they are selling?
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  Keith: That is literally a trillion dollar question because people tend to
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  Keith: look at the headlines and all the red on the screen, Suze,
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  Keith: they think, oh my goodness, I better sell. Oh no,
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  Keith: I can't be the last one at the party. Oh no,
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  Keith: I got to turn out the lights.
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  Keith: But the reality is you can't just sell into a vacuum, right?
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  Keith: You can't play catch with somebody who isn't there. And
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  Keith: what's happening is every individual who gets scared and sells,
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  Keith: there's an institution or another investor buying their shares. So
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  Keith: really the way to think about you last week and
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  Keith: why it's such an opportunity is that all of that selling,
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  Keith: meant that somebody else was buying and they were buying
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  Keith: a lot. So, bottom line on that one is the
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  Keith: deeper and steeper the sell off, the more opportunity there
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  Keith: is on the other side for investors who understand that
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  Keith: for every seller there is a buyer because that's the
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  Keith: side of the equation you want to be on is
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  Keith: the buying, not the selling.
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  Suze: And so here you are and you have a stock.
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  Suze: You've made a lot of money on it, meaning, and
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  Suze: you know what the truth is, you don't make money, people,
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  Suze: until you do sell.
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  Suze: You have something known as a free trade. You buy
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  Suze: a stock and it's doubled. Once it's doubled, once you're
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  Suze: up 100% on your money, you usually say what, Keith?
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  Keith: I usually say sell half of it. And the reason
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  Keith: I say sell half of it is, number one, if
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  Keith: you do that, you pay for your original investment.
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  Keith: And number two, now you are free to let at
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  Keith: least that initial investment ride till the end of time
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  Keith: for free with no worries about whether it goes to
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  Keith: zero or whether it goes to a hundred gazillion dollars. The
• 6:16
  Keith: point is you now own it for free. It makes
• 6:18
  Keith: you the house in Vegas, not the patsy at the
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  Keith: table.
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  Suze: And what's the hardest for people to do about that
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  Suze: is that, and we'll take Palantir for example, it went
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  Suze: from seven
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  Suze: went to 14, went to 28, when it kept doubling
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  Suze: all the way up. And would you have suggested to
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  Suze: those people to keep doing one free trade after another
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  Suze: free trade, or would it have been better for them
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  Suze: to just keep it and have all of those shares
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  Suze: and now they would have really made a whole lot
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  Suze: of money because I think what's hard for people to
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  Suze: get is.
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  Suze: Oh my God, I sold half. All right, now I'm
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  Suze: playing with the house money. But if I had just
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  Suze: kept it all in there, this is how much money
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  Suze: I would have. What would you say to them?
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  Keith: I would say the same thing I say every time.
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  Keith: That's your greed gland working overtime and you need to
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  Keith: get that out of the equation. Keep your emotions off
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  Keith: the table. And the reason is
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  Keith: that studies, my research and others show that when you
• 7:20
  Keith: use a tactic like this and you are periodically selling
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  Keith: into strength and then when it drops buying more and
• 7:26
  Keith: selling into strength and buying more, you're actually more tax
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  Keith: efficient in many cases, but more importantly, you wind up
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  Keith: with more shares than you would have otherwise if you
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  Keith: just stayed true to it from the very beginning. Now
• 7:38
  Keith: dividends can change that a little bit over time, but
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  Keith: with a company like Palantir that doesn't pay any,
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  Keith: what it shows is that volatility you fear is actually
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  Keith: an advantage. Somebody's opening the door every time there's a
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  Keith: pullback for you to accumulate more shares.
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  Keith: And the other thing that people always say about the
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  Keith: free trade to me is like, well, I could have
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  Keith: done this and I could have done that. Yes, you
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  Keith: could have, but I would probably rather have the profits
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  Keith: in my pocket and the freedom to pursue more shares
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  Keith: if I wanted to have a lunch, take my wife
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  Keith: to a nice date, do whatever it is I want
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  Keith: with the winnings, preferably in my case, reinvest because I,
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  Keith: you know, that's what I like to do.
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  Suze: But reinvest not necessarily in Palanter but possibly in something
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  Suze: else as well.
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  Keith: That's the other beauty of the free trade is you
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  Keith: don't have to go right back in the same stock
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  Keith: you just took the free trade on. In fact, many
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  Keith: times what I will suggest to investors around the world
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  Keith: is if you have a really hot runner like Palantir,
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  Keith: take your free trade and then put it into something
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  Keith: that hasn't run so much that produces great
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  Keith: income or something you've wanted to buy but you haven't
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  Keith: yet seen a pullback on or you know there's all
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  Keith: kinds of things you can do with that money, but
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  Keith: now you have the freedom to do it and that's
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  Keith: the part people miss.
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  Suze: So what I'm trying to say to all of you
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  Suze: that are listening right now is that when it comes
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  Suze: to investing, I want all of you to stop looking
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  Suze: at
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  Suze: look what my portfolio is up today. Oh my God,
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  Suze: I'm up x percent on this. Look at this. Oh my God.
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  Suze: Oh my God. And you get so involved in how
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  Suze: much money you've made. But again, you don't make it
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  Suze: till you sell, that you forget to look at your
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  Suze: portfolio and go, do I have too much in one area?
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  Suze: Am I too much just in AI because I obviously, Keith,
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  Suze: as you know, have an extensive portfolio of far more
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  Suze: than just artificial intelligence, and while those stocks were going down,
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  Suze: my other stocks were going up, and the truth of
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  Suze: the matter is my portfolio didn't lose money overall. What
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  Suze: would you tell people to do as a perfect portfolio
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  Suze: right now if you were going to instruct them?
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  Keith: Well, to borrow a term from your own experience and
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  Keith: your legacy, you need to construct the must-have portfolio, right? Now,
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  Keith: the must-have portfolio is not about the hot stocks, contrary
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  Keith: to what people think, and I get asked this all
• 10:03
  Keith: over the world by folks who are investing. Hey, Keith,
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  Keith: what's the next hot stock? Wrong question.
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  Keith: The number one piece of advice to investors listening today
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  Keith: is you need to forget about the hot stocks. What
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  Keith: you need to focus on is the stocks that are
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  Keith: going to be there in 10, 20, 30 years when
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  Keith: you need them, when your family needs them, when your grandchildren,
• 10:22
  Keith: your unborn great, great grandchildren need them, because the longevity
• 10:27
  Keith: is what really creates the value. Now again, you're gonna
• 10:30
  Keith: be buying and selling, it's going to be volatile going
• 10:33
  Keith: back and forth all the way between here and then.
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  Keith: But when you get right down to it, the list
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  Keith: of companies that is really changing our world is actually very,
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  Keith: very short, and you don't want to be playing with
• 10:45
  Keith: stocks that are just a better mousetrap. You want to
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  Keith: be investing in stocks and they can be
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  Keith: utilities, they can be stores they can be athletic manufacturers,
• 10:55
  Keith: whatever the company is it doesn't have to be AI
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  Keith: because it can be another company that is changing the
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  Keith: world in a way that is not yet picked up
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  Keith: on the media or recognized by the headlines. So you've
• 11:07
  Keith: got to concentrate and you've got to play to win
• 11:10
  Keith: because the other mistake that people make just since time began,
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  Keith: is they fear losses more than they like winning.
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  Keith: And what I mean by that is they would rather say,
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  Keith: oh I avoided that loss, but the problem is they
• 11:23
  Keith: worry about things that they can't control. If you flip
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  Keith: that around, which is what I've encouraged investors to do
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  Keith: for 45 years now, you play to win. Which companies
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  Keith: are gonna be there? Which companies are gonna help me
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  Keith: achieve my objectives and be there when I need them?
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  Keith: And my objectives can be growth, they can be income,
• 11:40
  Keith: they can be exposure, they can be any number of things.
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  Keith: But the important thing is I'm constantly maneuvering to win.
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  Keith: I'm not worried about not losing because I don't like
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  Keith: to worry about things I can't control. I do like
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  Keith: to worry about buying great stocks, at what price I
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  Keith: can do it, what tactics do I use that can increase
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  Keith: my future, and that's really the message.
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  Suze: And
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  Suze: when you say your future.
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  Suze: The truth of the matter is it's everybody's future because
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  Suze: our job, the two of us, is to bring this
• 12:12
  Suze: information to everyday investors, moms, pops, kids, whatever, so that they, number one,
• 12:19
  Suze: get educated, they understand it, but they know what to do.
• 12:24
  Suze: When do people sell?
• 12:26
  Suze: When would you just say, I'm out, get out. Like,
• 12:30
  Suze: is there advice to keep people from freaking out and
• 12:34
  Suze: selling a good stock, and yet they keep their bad
• 12:37
  Suze: stock because their bad stock probably isn't doing anything? What
• 12:41
  Suze: advice would you give them at this point in time?
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  Keith: We have one golden rule, and it's something I learned
• 12:47
  Keith: from my mentors decades ago. There is only one rule
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  Keith: that applies. If you buy a great company because it's
• 12:54
  Keith: great and you can identify all the reasons that it's great,
• 12:57
  Keith: the question you wanna ask yourself on a big down
• 13:00
  Keith: day is, OK, do all the reasons for which I
• 13:03
  Keith: bought this particular company still exist?
• 13:06
  Keith: If the answer is yes, you grit your teeth, hold
• 13:09
  Keith: your breath, go for a walk, whatever it is, but
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  Keith: you hold on because you know that the reasons you
• 13:14
  Keith: bought the company are still there. If a company does
• 13:17
  Keith: not any longer embody what it is you bought it
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  Keith: for or the reasons for which you bought it, then boom, gone.
• 13:24
  Keith: Don't let the door hit you in the rear end
• 13:26
  Keith: on the way out. Don't ever look back. So for example,
• 13:30
  Keith: Apple has had its share of trials and tribulations in
• 13:33
  Keith: recent years. People have said, Oh, innovation is dead. Tim
• 13:36
  Keith: Cook doesn't know what he's doing. They're not in AI.
• 13:38
  Keith: They're falling behind. None of those things is true, but
• 13:40
  Keith: that's what people think. So my argument with Apple is
• 13:44
  Keith: if Apple suddenly turned around and decided it was shifting 100%
• 13:47
  Keith: of its production capacity to making swimming pools.
• 13:51
  Keith: I'd be gone like a shot because that's outside their
• 13:54
  Keith: primary expertise. It's outside their primary vision. It does not
• 13:57
  Keith: align with the reasons for which I bought Apple originally
• 13:59
  Keith: and encourage investors to continue to buy Apple today. So,
• 14:03
  Keith: you know, if we look at Peloton, for example, people
• 14:05
  Keith: flip that around and say, oh, this is this great
• 14:07
  Keith: innovative company, and I said, no, an iPad on a
• 14:10
  Keith: bike is not a functional business, you know, just ask
• 14:12
  Keith: the folks at GoPro who lost 98% of their money,
• 14:15
  Keith: and today Peloton continues to struggle. So this is a
• 14:18
  Keith: question of I wouldn't even
• 14:19
  Keith: buy it in the first place because it doesn't fit
• 14:21
  Keith: the fundamental reasons for which I thought it might be
• 14:24
  Keith: a great company. So that's really what you want to
• 14:26
  Keith: hone in on.
• 14:27
  Suze: What would you tell people who are just starting now
• 14:31
  Suze: or want to invest? They want to be part of this.
• 14:35
  Suze: What would you tell them?
• 14:37
  Keith: Number one, excellent, great, because the mindset, the decision to
• 14:42
  Keith: invest is one of the hardest decisions you will ever
• 14:45
  Keith: make in your life. So number one, absolute golf clap, applause, fabulous,
• 14:50
  Keith: well done. Second, invest consistently because what people get so
• 14:55
  Keith: drawn up about it, particularly in today's markets with smartphones
• 14:58
  Keith: and the internet and relentless, relentless news cycle that really
• 15:02
  Keith: is filled with most of nothing every 24 hours.
• 15:05
  Keith: You know, consider it your job to do it consistently
• 15:09
  Keith: because the volatility that you fear is an opening for
• 15:13
  Keith: the reasons that we discussed. So if you're doing this consistently,
• 15:16
  Keith: your returns will be more consistent than they would if
• 15:20
  Keith: you just...
• 15:21
  Suze: But that's what dollar cost averaging that people know they
• 15:24
  Suze: have to do that. Well, I'm putting you right on
• 15:27
  Suze: the spot, boyfriend. Would you do individual stocks or if
• 15:31
  Suze: you could only do one at a time.
• 15:34
  Suze: And only maybe do one every four months, or would
• 15:37
  Suze: you do, just start with, just to see what it
• 15:41
  Suze: was like, dollar cost averaging into an ETF and if
• 15:46
  Suze: you did, what ETF would it be?
• 15:49
  Keith: What I would do is I would put money into
• 15:52
  Keith: an ETF. If you've got a couple thousand dollars you need
• 15:54
  Keith: to get exposure to the markets. You need to start
• 15:57
  Keith: to be in to win. And you know a broad
• 15:59
  Keith: market ETF is probably as good as any, you know,
• 16:01
  Keith: a VOO or an S&P 500, something that taps you
• 16:04
  Keith: into technology in the future and the future profitability, but
• 16:09
  Keith: I would also argue that you want to begin accumulating
• 16:12
  Keith: shares of the great names of our day: the Apples,
• 16:16
  Keith: the Microsoft, the Palantir, because getting those shares, even one
• 16:21
  Keith: at a time is gonna force you to pay attention.
• 16:24
  Keith: But it's also going to help you build your future.
• 16:27
  Keith: If you hold even a single share of a company
• 16:30
  Keith: like Nvidia in 2011, you know, that could materially change
• 16:34
  Keith: your life today, your grandchildren's lives today. So you need
• 16:39
  Keith: to begin thinking about that. So my advice is you start,
• 16:42
  Keith: if you've got a couple thousand bucks, you start with
• 16:43
  Keith: a simple ETF. You begin adding shares of single companies
• 16:48
  Keith: if and when you can.
• 16:49
  Keith: But let me clear something up about this idea of
• 16:52
  Keith: small companies. That's a myth. It used to be great.
• 16:55
  Keith: You go for the small stocks and oh boy, this
• 16:57
  Keith: is great because you're gonna hit a home run, but
• 16:59
  Keith: the reality of today's markets is very different than it
• 17:02
  Keith: was 10, 20, 30, 40 years ago. Small cap stocks
• 17:06
  Keith: very rarely make it. Palantir is an exception. It was
• 17:09
  Keith: 7 bucks once when I started talking to you about it.
• 17:12
  Keith: Now we're pushing back towards 200.
• 17:15
  Keith: But that is rarer than hen's teeth. What you normally
• 17:18
  Keith: want to do is stick with the great big companies
• 17:20
  Keith: and you can buy fractional shares. You have many brokerages,
• 17:23
  Keith: you can buy a piece of something and still get
• 17:26
  Keith: dividends and still get appreciation, so the math still works. Now,
• 17:29
  Keith: that did not exist 30 years ago when I was
• 17:32
  Keith: starting to do the same thing or 40 years ago.
• 17:34
  Keith: But it does...
• 17:35
  Suze: I was right there with you, sweetheart.
• 17:37
  Keith: It does today, right? And imagine how different, how much flexibility.
• 17:41
  Keith: It's really where I would want to wind up because
• 17:45
  Keith: The opportunity in today's markets is vastly more significant than
• 17:50
  Keith: it was in our time because you can do all
• 17:53
  Keith: of these things with fractional shares. We've got the greatest
• 17:56
  Keith: concentration of computing power in human history. We have more
• 17:59
  Keith: medical capacity than we've ever seen. We're going to solve
• 18:02
  Keith: things like money and cancer and hunger in the next 10,
• 18:06
  Keith: 20 years, and all of those investments are happening now.
• 18:12
  Suze: So one last, one more question for you.
• 18:14
  Suze: So you buy like one share of a Costco, OK,
• 18:18
  Suze: 900 some odd dollars, or let's say you have $2,000
• 18:23
  Suze: to invest and you can do fractional shares. Are you
• 18:28
  Suze: better off than buying like two shares of a
• 18:31
  Suze: Costco or taking that $2,000 and buying a fractional share
• 18:37
  Suze: of Nvidia, Costco, Apple, whatever, and divide that amount of
• 18:43
  Suze: money among maybe five shares than owning one full share.
• 18:49
  Keith: If you have the ability to do fractional shares, I
• 18:52
  Keith: would submit you're better off buying a little bit of
• 18:56
  Keith: each of the big names. If you do not have
• 18:57
  Keith: the ability to do fractional shares at your brokers, then
• 19:00
  Keith: I would say you go one step at a time,
• 19:02
  Keith: one share at a time, but you start with a
• 19:04
  Keith: buy list and you
• 19:05
  Keith: just do it until that buy list is full,
• 19:06
  Suze: But the truth of the matter is you probably shouldn't
• 19:09
  Suze: be dealing with a broker who doesn't do fractional shares.
• 19:12
  Keith: There you go.
• 19:13
  Suze: So everybody listen to what we just said to you,
• 19:17
  Suze: because I know a lot of you want to start
• 19:20
  Suze: and you're afraid to start, and I personally think your
• 19:24
  Suze: beginning block is always like for now anyway.
• 19:28
  Suze: The ETF in VOO, then you have that covered. And
• 19:33
  Suze: then if you want to add a little bit more,
• 19:36
  Suze: like the... whatever it may be, whatever area you want
• 19:38
  Suze: to go into, and you only have a specific sum,
• 19:42
  Suze: do fractional shares of like five stocks of 10 stocks
• 19:47
  Suze: rather than just one share, one share of maybe two stocks,
• 19:52
  Suze: and that's all you have to invest.
• 19:54
  Suze: So that's what I think. Yeah.
• 19:56
  Keith: There's an interesting point here, right, that people don't really
• 19:58
  Keith: latch onto, you know, if you go to Vegas, the
• 20:02
  Keith: number of people who will let it all ride is
• 20:05
  Keith: disproportionately high, which is why Vegas is what it is.
• 20:09
  Keith: But as an investor, you don't have to play that game,
• 20:11
  Keith: and what people who are just starting out often don't understand.
• 20:15
  Keith: Is that what Suze and I are talking about today, actually,
• 20:19
  Keith: the odds are in your corner this time because the
• 20:23
  Keith: big money, the money we're just talking about with Michael
• 20:25
  Keith: Burry and all the institutions, they have to keep their
• 20:29
  Keith: money moving 24/7, 365. You and I as individual investors
• 20:34
  Keith: can very deliberately pick
• 20:35
  Keith: the world's best companies and nothing else we can buy
• 20:38
  Keith: fractional shares at prices we stipulate. We don't have to
• 20:42
  Keith: react to all of this that they do. So when
• 20:45
  Keith: you're beginning, the hardest part about beginning is understanding that
• 20:50
  Keith: the control you have and your position as an individual
• 20:53
  Keith: investor is something Wall Street wishes
• 20:56
  Keith: it had, it's the greatest gift in the world to
• 20:59
  Keith: be able to play this game little at a time
• 21:02
  Keith: as your experience builds because the opportunity will always overwhelm
• 21:07
  Keith: and overcome the risks that you think you're facing but
• 21:10
  Keith: aren't really.
• 21:11
  Suze: You know, though, we have to be careful though, Keith,
• 21:13
  Suze: when we use words, seriously, like game because this isn't
• 21:18
  Suze: a game, this is most people's life.
• 21:21
  Suze: And most people, you know, are afraid of it because
• 21:24
  Suze: they think it's, it's like gambling, it's not for them
• 21:27
  Suze: or whatever, or they just don't know what to do,
• 21:31
  Suze: which is why I love when we can do these
• 21:33
  Suze: things because I always want everybody to get another opinion,
• 21:39
  Suze: and we have different opinions sometimes, but the main thing
• 21:43
  Suze: that we agree on,
• 21:45
  Suze: is that you should only be dollar cost averaging. You
• 21:49
  Suze: should be diversified, meaning not all over the board, but
• 21:53
  Suze: possibly in VOO and even more AI stocks. You should
• 21:57
  Suze: be at a brokerage firm that only does fractional shares.
• 22:02
  Suze: You should have all your other things covered as well
• 22:05
  Suze: in terms of your retirement accounts and your estate plans.
• 22:08
  Suze: And what I truthfully think that makes the two of
• 22:12
  Suze: us so special.
• 22:13
  Suze: Is that when you combine personal finance, the things you
• 22:19
  Suze: have to do behind the scenes, the mortgages and your
• 22:22
  Suze: wills and your trust with what are you investing in
• 22:26
  Suze: specifically and why, and you do all of that and
• 22:30
  Suze: you have two people like us that have now joined forces.
• 22:34
  Suze: I don't know. I think we're the best dynamic duo
• 22:38
  Suze: out there today. So I want... anything you want to
• 22:41
  Suze: say before we leave?
• 22:42
  Keith: No, I'm completely humble that I agree with you absolutely 100%.
• 22:47
  Keith: It's one of the most exciting times in human history
• 22:51
  Keith: and not to invest is the mistake of your life.
• 22:54
  Keith: So I encourage everybody who's listening, give it a try.
• 22:57
  Keith: Come on in, the pool's not cold. You're gonna have
• 22:59
  Keith: a great
• 22:59
  Keith: time.
• 23:01
  Suze: And you know, for those of you who are listening
• 23:03
  Suze: right now and you're in a 401k plan.
• 23:06
  Suze: That's all, and hopefully it better be a Roth 401k.
• 23:09
  Suze: Do you hear me? Or a 403B or TSP. If
• 23:11
  Suze: you're not investing in Roth, if you're doing traditional retirement accounts,
• 23:16
  Suze: what you are making is the biggest mistake you could
• 23:18
  Suze: possibly make. However, the point that I'm about to make
• 23:21
  Suze: is this if you're investing in a 401k and that's
• 23:26
  Suze: what you're doing, you might want to think about opening up,
• 23:31
  Suze: if you qualify, a Roth IRA on the side.
• 23:35
  Suze: And then employ some of these, you know, techniques that
• 23:38
  Suze: we've just talked to you about with the stocks that
• 23:41
  Suze: you've heard us mention. So, you should have more than
• 23:44
  Suze: just a retirement account at work and be limited to
• 23:48
  Suze: the mutual funds that they offer you. All right, boyfriend.
• 23:53
  Suze: That's it for Suze School today and thank you so much.
• 23:57
  Suze: It was fun again, Fitzy. So everybody, until Thursday when Ms.
• 24:03
  Suze: Travis will join me on another Ask KT and Suze Anything.
• 24:08
  Suze: There's only one thing that I want you to remember
• 24:11
  Suze: when it comes to your money.
• 24:13
  Suze: And that's this: people first. You have got to put
• 24:17
  Suze: yourself first in terms of you have to learn, you
• 24:21
  Suze: have to know what you need to do, you have
• 24:23
  Suze: to understand how to do these things. People first, then
• 24:29
  Suze: you'll know what to do with your money, and then
• 24:32
  Suze: you'll have the money to buy things. Stay safe, stay
• 24:36
  Suze: secure until next time, no, we love you. Bye bye.
• 24:40
  Robert: Hang on, we're not done yet. It's Robert, the producer here.
• 24:43
  Robert: At the beginning of this episode, I promised you a
• 24:45
  Robert: special treat, and here it is. If you wanna watch
• 24:49
  Robert: Suze and Keith together because you've been asking to see
• 24:52
  Robert: them on YouTube together, make sure you go to Suze's
• 24:55
  Robert: YouTube channel at youtube.com/Suze Orman and you can watch Suzie
• 25:00
  Robert: and Keith in action.